Are you poor if you have a flat-screen TV?
The ability to own TVs and cellphones is not an accurate measure of how much economic security a family has.
This post comes from Krystal Steinmetz at partner site Money Talks News.
At first glance, it may seem like a family with a computer, smartphones and a flat-screen TV is doing fairly well for itself.
But don't be so quick to judge. According to Annie Lowrey with The New York Times, it's not that easy to recognize the face of the poor in America.
Yes, the material well-being that some of the poor enjoy today was unimaginable to even the wealthy in years past. But the prices of consumer goods like TVs, phones, clothing, and small appliances have plummeted in the last 10 years, so it's hardly a basis for defining the modern poor, Lowrey writes.
"If you handpick services and goods where there has been dramatic technological progress, then the fact that poor people can consume these items in 2014 and even rich people couldn't consume them in 1954 is hardly a meaningful distinction," said Gary Burtless, an economist at the Brookings Institution.
"That's not telling you who is rich and who is poor."
Although consumer goods are relatively cheap these days, some essential services that could make strides in lifting families out of poverty -- like health care, child care and college tuition and fees -- are out of reach for America's poor.
So, the plight of the poor still looks pretty bleak, regardless of any perceived material wealth. The Times said:
"Without a doubt, the poor are far better off than they were at the dawn of the War on Poverty," said James Ziliak, director of the University of Kentucky's Center for Poverty Research. "But they have also drifted further away."
Slate columnist Jordan Weissman wrote that if you want to get a broad picture of the troubles facing the poor, forget about the "stuff."
Nobody is suggesting that the main problem the poor face today is a lack of stuff. It's a lack of security, an inability to cover basic recurring expenses, like utilities and rent, as well as major unexpected costs like medical care.
An effort to raise the federal minimum wage to $10.10 per hour has stalled in the Senate. Democrats failed last week to rally the super-majority of 60 votes needed to defeat a Republican filibuster of the wage raise proposal.
More from Money Talks News
Dumb and Dumber will never exhibits the intellectually ability to understand what that actually means. As we get closer to the Nov 2014 election, Dumb and Dumber will take lying, misinformation, and communist type propaganda to a new Level.
"He sat down opposite the treasury, and watched the crowd putting money into the treasury. Many rich people put in large sums. 42 A poor widow came and put in two small copper coins, which are worth a penny. 43 Then he called his disciples and said to them, "Truly I tell you, this poor widow has put in more than all those who are contributing to the treasury. 44 For all of them have contributed out of their abundance; but she out of her poverty has put in everything she had"
When liberals are not busy trying to drive all religion out of this country, and when it fits their purpose, they love to bring up the name of Jesus. According to liberals (dave1230), conservatives are evil because they don’t follow Jesus teaching about giving to the poor. Well here is a lesson for the liberal morons.
Jesus would never support the idea of stealing from one person to give to another. A true Christian gives willingly of themselves and their money. Government steals money from one to give to another. There is nothing good or right about stealing, for any reason. How many of you big mouth liberals can or could call yourselves real Christians? How much have you given willingly?
The first to state his case seems right,
till the other one comes and cross-examines.
Jesus, looking at him, loved him and said, "You lack one thing; go, sell what you own, and give the money to the poor, and you will have treasure in heaven; then come, follow me." When he heard this, he was shocked and went away grieving, for he had many possessions.
"There was a rich man who was dressed in purple and fine linen and who feasted sumptuously every day. And at his gate lay a poor man named Lazarus, covered with sores, who longed to satisfy his hunger with what fell from the rich man's table; even the dogs would come and lick his sores. The poor man died and was carried away by the angels to be with Abraham. The rich man also died and was buried.
In Hades, where he was being tormented, he looked up and saw Abraham far away with Lazarus by his side. He called out, 'Father Abraham, have mercy on me, and send Lazarus to dip the tip of his finger in water and cool my tongue; for I am in agony in these flames.' But Abraham said, 'Child, remember that during your lifetime you received your good things, and Lazarus in like manner evil things; but now he is comforted here, and you are in agony."
So you can literally get a 32inch Flat Screen for way less then $200 dollars. You can also get things like NetFlix, Hula, etc at far reduce price as compared to Cable. I know the parasites off the Working Poor don't think the Working Poor deserve any better then Bread and Water but the Reality is quite Different. After they Work hard all day producing the Actually Income that the parasite steal from, A Flat Screen TV and a Phone is the very least anyone should be whining about.
You hear Zero Complaints from these same Frauds about Record purchases of Mega Mansions, Luxury Cars and yachts, or any of the other countless things literally stolen off the Back of the Hard Work and ever increasing Productivity of our Working Poor. There will be a Major Price to pay for such Evil Behavior. That you can be certain of.
By far, most Welfare has gone to the Top 1% Elite class. These type of posters stating otherwise are just their Pawns.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
If you think you're too smart to fall for cons and scams, you're setting yourself up to be a victim.
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'