IOn May 21, 2013, Jeff Reeves writes on Slant.com:
The poverty line in the U.S., according to the federal government, is just under $24,000. But most Americans say even if you make twice that, you won’t be very comfortable in their hometown.
A recent survey by Gallup lays bare this stark financial reality, with the pollsters’ findings headlined: “Americans Say Family of Four Needs Nearly $60K to ‘Get By.’ ”
So is this a question of perception vs. reality, with poll respondents being too materialistic or confusing wants with needs? Or is this really what it means to be “poor” in America in 2013?
Sadly, the Great Recession or Depression continues and the reality is that millions and millions more are destined for poverty subsistence.
We need, going forth, to recognize that tectonic shifts in the technologies of production will increasingly replace human labor with non-human means of production, and without extending equal opportunities to own (not equal results but equal opportunity for capital credit) more millions and millions of Americans will be displaced from their jobs and not be able to find a job, especially a job with decent wage or salary earnings to support a family. Then what? The hoggist greed of narrow minded, money-focused own-at-all-cost hoarders, needs to be confronted and opportunities for FUTURE private, individual ownership of FUTURE economic growth dramatically expanded to enable EVERY American to become a capital share owner in the assets of the major corporations that produce the bulk of our products and services, all financed using insured capital credit loans that will pay for themselves.
See my article “The Path To Eradicating Poverty In America” at http://www.huffingtonpost.com/gary-reber/the-path-to-eradicating-p_b_3017072.html and “The Path To Sustainable Economic Growth” at http://www.huffingtonpost.com/gary-reber/sustainable-economic-growth_b_3141721.html, and the article entitled “The Solution To America’s Economic Decline” at http://www.nationofchange.org/solution-america-s-economic-decline-1367588690
Support the Capital Homestead Act at http://www.cesj.org/homestead/index.htm and http://www.cesj.org/homestead/summary-cha.htm
