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thomhartmann

(3,979 posts)
Thu Jan 25, 2018, 06:35 PM Jan 2018

Prof. Richard Wolff Believes Extreme Poverty in America is only Going To Get Worse



Is poverty in the United States about to balloon? Economist and author, Prof. Richard Wolff gives us a peak at what is to come with the rising inequality we are seeing and how unstable this all is!

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Prof. Richard Wolff Believes Extreme Poverty in America is only Going To Get Worse (Original Post) thomhartmann Jan 2018 OP
I don't need to read an article to know that the ranks of the poor will increase... TheDebbieDee Jan 2018 #1
thanks for posting Thom jodymarie aimee Jan 2018 #2
Thom is liberalmike27 Jan 2018 #6
Thank you-k & r bronxiteforever Jan 2018 #3
I'm afraid what's gonna happen is mitch96 Jan 2018 #4
Good segment liberalmike27 Jan 2018 #5
Greedy manufacturing companies pretty much sealed the deal...... Little Star Jan 2018 #7
The drop in the tax rate Turbineguy Jan 2018 #8
 

TheDebbieDee

(11,119 posts)
1. I don't need to read an article to know that the ranks of the poor will increase...
Thu Jan 25, 2018, 07:11 PM
Jan 2018

and that the depths of poverty will get deeper. Many of the social programs that existed in the 70s and 80s to help people/families get a leg up (food subsidies, heating subsidies, clothing subsidies/vouchers) don't exist anymore or are mere shadows of what they used to be.

Also, and this is speculation on my part, impoverished Americans in rural communities are suffering in silence because no one can see they are doing without and therefore there is no outreach to them.

In addition, because a lot of American jobs are going away due to automation, young people, of all classes, need to be better informed about their career pursuits.

mitch96

(13,924 posts)
4. I'm afraid what's gonna happen is
Thu Jan 25, 2018, 08:44 PM
Jan 2018

It's gonna happen when tRump is gone and a Democrat is in office and "they" are gonna blame him/her for the problem. Why??? cause Faux news is gonna tell them, that's why..
m

liberalmike27

(2,479 posts)
5. Good segment
Thu Jan 25, 2018, 09:06 PM
Jan 2018

I heard it earlier. Worst in history and all we hear about on the news is Russia and how Trump's tax cuts were so great that suddenly companies who were already fantastically profitable can suddenly raise wages a pittance, and give a bonus, even though they clearly could have been doing that for years.

Little Star

(17,055 posts)
7. Greedy manufacturing companies pretty much sealed the deal......
Thu Jan 25, 2018, 09:16 PM
Jan 2018

when they decided to send our manufacturing jobs away for more profit. The thing I don't get about their plan is what happens when the majority of people in the US can't afford their now cheap "made in china" crap. Not everyone is educated enough to have white collar or even regular office jobs.

Turbineguy

(37,364 posts)
8. The drop in the tax rate
Thu Jan 25, 2018, 09:23 PM
Jan 2018

could affect charitable giving.

This when the problem with charities is that they provide cover for the social policies of the GOP.

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