With a new gauge, the poverty rate ticks upward « Hot Air: "It’s a new measurement system, ergo not dealing in constant variables, but the gist of all of this is that despite the additions to federal and state welfare spending, it’s been four years and by far too many measures, things have conspicuously not improved. We spent trillions of dollars to end up with an employment rate barely budging the one we started with (minus the decreased labor participation rate!). Stagnant economic growth and poor job creation are what drive people into poverty, and no amount of government spending or assistance can mitigate that. Prosperity is what lifts up and aids the greatest number of people, and prosperity is something that is remarkably at odds with a lot of the effects of President Obama’s agenda."
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