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Fuelman
25 Sep 2024 3:12 pm
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LowIQTrash » 25 minutes ago » wrote: 1) There are more people living in poverty today for many reasons, one of which is simply that population is much higher…

2) “Poverty can be a good motivator to rise above poverty.” 

That is undoubtedly true, yet poverty has always been around way before state funded welfare became prevalent, so clearly there are other factors (more important ones I would argue) in play 

3) “Since funding for the War on Poverty ramped up in 1967, welfare payments received by the average work-age household in the bottom quintile of income recipients has risen from $7,352 in inflation-adjusted 2022 dollars to $64,700 in 2022

I don’t believe this number. How exactly is the work-age household in the bottom 20% receiving $64K in government benefits? That’s higher than the median wage of a worker. 

If you stop and think for a moment, that number is nonsense. 

I believe $64K is the TOTAL possible amount of welfare a work age household CAN receive - Section 8, food stamps, SSI disability, utilities subsidies, child tax credits, etc.

The actual amount varies greatly from household to household and the actual payment is much lower. Of these transfers, disability is undoubtedly the greatest payment amount, but it is very difficult to qualify (contrary to what idiots like Skans think).
Does seem out of whack, I had to go back and read.

After counting all transfer payments as income to the recipients and taxes as income lost by taxpayers, and adjusting for household size, the average households in the bottom, second and middle quintiles all have roughly the same incomes—despite dramatic differences in work effort. 

:rofl:   :rofl:  Damn, douche bags!
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