Results 1 to 20 of 20

Thread: Enough of this doom and gloom economic threads

  1. #1
    Join Date
    Feb 2002
    Location
    Southern California
    Posts
    41,963

    Default Enough of this doom and gloom economic threads

    How about some good news.

    Good morning. Child poverty in the U.S. has fallen by more than half since the early 1990s.


    The Tallman family in Marlinton, W.Va.Maddie McGarvey for The New York Times

    An unequaled decline

    When President Bill Clinton signed a bipartisan bill tightening the rules around welfare eligibility in 1996 — and making many benefits conditional on work — critics on the political left predicted terrible effects.

    A few members of the Clinton administration quit in protest. Senator Daniel Patrick Moynihan warned of devastating increases in child poverty. The New Republic proclaimed, “Wages will go down, families will fracture and millions of children will be made more miserable than ever.”

    A quarter-century later, these predictions look very wrong. As my colleague Jason DeParle wrote this week:

    A comprehensive new analysis shows that child poverty has fallen 59 percent since 1993, with need receding on nearly every front. Child poverty has fallen in every state, and it has fallen by about the same degree among children who are white, Black, Hispanic and Asian, living with one parent or two, and in native or immigrant households.

    Sources: Child Trends; U.S. Census Bureau; Center on Poverty and Social Policy at Columbia University

    How did this happen? The 1996 welfare law turned out to be a case study of different political ideologies combining to produce a result that was better than either side would likely have produced on its own.

    Some conservative critiques of the old welfare contained an important insight, Jason told me. Poor single mothers (the main beneficiaries of welfare) were better able to find and hold jobs than many liberals expected. Over the past few decades, increased employment among single mothers has been one reason for the decline in child poverty, according to the study, which was done by Child Trends, a research group.

    But the biggest cause was an expansion of government aid. And progressives were the main force behind this expansion. With welfare less generous, Democrats (sometimes in alliance with Republicans) pushed for policies to help low-income workers, such as expansions of the earned-income tax credit and food stamps. Increases in state-level minimum wages also played a role.

    https://messaging-custom-newsletters...ea642304e5e169
    This post is temporary and my disappear at the discretion of the managment

  2. #2
    Join Date
    Oct 2003
    Location
    Valley of the Sun
    Posts
    119,342

    Default Re: Enough of this doom and gloom economic threads

    what an effing ridiculous first paragraph
    the sharp decline in child poverty during the clinton administration precede his signing the welfare reform act of 1996
    and the provisions of that act did not go into effect until 1998
    Simpler is better, except when complicated looks really cool.

  3. #3
    Join Date
    Mar 2006
    Location
    o
    Posts
    10,513

    Default Re: Enough of this doom and gloom economic threads



  4. #4
    Join Date
    Oct 2003
    Location
    Valley of the Sun
    Posts
    119,342

    Default Re: Enough of this doom and gloom economic threads

    Simpler is better, except when complicated looks really cool.

  5. #5
    Join Date
    Jun 2003
    Location
    Central Coast, Ca
    Posts
    35,405

    Default Re: Enough of this doom and gloom economic threads

    Poverty has fallen for kids in white, Hispanic and Asian families in the last five years, but not for black children, according to a new study from the Pew Research Center.


    https://time.com/3955671/black-children-poverty-study/

  6. #6
    Join Date
    Sep 2007
    Location
    Northeast
    Posts
    20,449

    Default Re: Enough of this doom and gloom economic threads

    Better, but still to high for 8.4 million kids.
    "The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
    -William A. Ward



  7. #7
    Join Date
    Jun 2003
    Location
    Central Coast, Ca
    Posts
    35,405

    Default Re: Enough of this doom and gloom economic threads

    Quote Originally Posted by Canoez View Post
    Better, but still to high for 8.4 million kids.
    But some of our "Billionaires" would have to suffer a bit for that

  8. #8
    Join Date
    Sep 2003
    Location
    Farmington, Oregon
    Posts
    20,954

    Default Re: Enough of this doom and gloom economic threads

    What gloom and doom?

    We are awash in cash.

    There's untapped cat bathing money out there, time to pivot!

  9. #9
    Join Date
    Sep 2007
    Location
    Northeast
    Posts
    20,449

    Default Re: Enough of this doom and gloom economic threads

    Quote Originally Posted by Canoeyawl View Post
    But some of our "Billionaires" would have to suffer a bit for that
    :::crocodile tears:::

    "The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails."
    -William A. Ward



  10. #10
    Join Date
    Feb 2002
    Location
    Southern California
    Posts
    41,963

    Default Re: Enough of this doom and gloom economic threads

    Quote Originally Posted by L.W. Baxter View Post
    What gloom and doom?

    We are awash in cash.

    There's untapped cat bathing money out there, time to pivot!
    Been doing that for over a decade Good money in it

    Screen Shot 2022-09-14 at 9.22.32 AM.jpg

    Screen Shot 2022-09-14 at 9.23.39 AM.jpg
    This post is temporary and my disappear at the discretion of the managment

  11. #11
    Join Date
    Sep 2010
    Location
    Bainbridge Island WA
    Posts
    5,182

    Default Re: Enough of this doom and gloom economic threads



    I thought I was in a high-risk career...
    Steve

    If you would have a good boat, be a good guy when you build her - honest, careful, patient, strong.
    H.A. Calahan

  12. #12
    Join Date
    Sep 2003
    Location
    Farmington, Oregon
    Posts
    20,954

    Default Re: Enough of this doom and gloom economic threads

    American cats don’t even have to lick themselves anymore!

  13. #13
    Join Date
    Feb 2002
    Location
    Southern California
    Posts
    41,963

    Default Re: Enough of this doom and gloom economic threads

    Quote Originally Posted by L.W. Baxter View Post
    American cats don’t even have to lick themselves anymore!
    Not Orange County Housewives cats
    We actually groom one of the "Real Housewives of Orange County's" cat

    Grandma Wrinkles ( Renee is texting me a photo you have to see this cat )

    Screen Shot 2022-09-14 at 9.35.52 AM.jpg

    Believe it or not Renee says it's actually a really sweet cat. Although that cat requires a medicated shampoo without lanolin.
    Last edited by Joe (SoCal); 09-14-2022 at 11:37 AM.
    This post is temporary and my disappear at the discretion of the managment

  14. #14
    Join Date
    Jun 2003
    Location
    Central Coast, Ca
    Posts
    35,405

    Default Re: Enough of this doom and gloom economic threads

    Speaking of cats, Pinky is still available...


  15. #15
    Join Date
    Feb 2014
    Location
    Kitty Hawk, NC
    Posts
    12,155

    Default Re: Enough of this doom and gloom economic threads

    Quote Originally Posted by Jim Mahan View Post
    Finland does seem to be nicer place to live.

    More current numbers for the US are 16% child poverty rate. About the same as the late 60's. So 12 million kids. And to think we are going to forgive debt of households making $250K rather than provide for kids. But that is what many of the "liberals" here argue for.
    Life is complex.

  16. #16
    Join Date
    May 2006
    Location
    Dog Ranch, USA
    Posts
    9,542

    Default Re: Enough of this doom and gloom economic threads

    [QUOTE=Joe (SoCal);6725620]Been doing that for over a decade Good money in it

    Screen Shot 2022-09-14 at 9.22.32 AM.jpg

    /QUOTE]

    I bet you could take those service offerings and squeeze even more "good money" out of them. Is there just one "mobile grooming" service offering per pet size? Have you considered three columns of service level options for each pet size? For large dogs, you'd anchor the top price around $325, middle option would be in mid-200s, bottom would be the current price. Goal would be to start to sell that middle option over and over, and get a few of the tops. People who chose the bottom rung more than a couple times would get scheduled once you were underbooked, or if they bought a package of them. (Maybe the columns would determine how soon you could get booked, amount of time for the appointment, or just amount of service. I dunno.)
    Quote Originally Posted by James McMullen View Post
    Yeadon is right, of course.

  17. #17
    Join Date
    Aug 2000
    Location
    Bay of Islands,N.Z.
    Posts
    30,816

    Default Re: Enough of this doom and gloom economic threads

    Cats falling into baths or pools has certainly cheered up my day anyway.

  18. #18
    Join Date
    Feb 2010
    Location
    northern Georgia, or Mississippi Delta USA
    Posts
    26,870

    Default Re: Enough of this doom and gloom economic threads

    meantime: https://mississippitoday.org/2022/09...favre-welfare/

    Never-before-seen text messages show former Gov. Phil Bryant tried to shepherd a proposal to use welfare funds on the construction of a new volleyball stadium for retired NFL player Brett Favre – a project prosecutors have called a scheme to defraud the government. Bryant has previously denied any involvement with the project, which has emerged as the centerpiece of a massive criminal scandal in which prominent officials misspent or stole millions in welfare funds intended for the nation’s poorest residents.

    The newly released texts, filed Monday by an attorney representing Nancy New’s nonprofit, show that Bryant, Favre, New, Davis and others worked together to channel at least $5 million of the state’s welfare funds to build a new volleyball stadium at University of Southern Mississippi, where Favre’s daughter played the sport. Favre received most of the credit for raising funds to construct the facility.

  19. #19
    Join Date
    Oct 2009
    Location
    N/A
    Posts
    11,744

    Default Re: Enough of this doom and gloom economic threads

    This is a very misleading stat. In 2022 the poverty rate for a family of 4 is $27,750/year. In my state, you can't subsist as a single person on less than $60,000, never mind supporting a family of 4. The poverty rate, like the federal min wage is a BS number and has been kept artificially low.
    In the US this perverted idea of “blood and soil” over “constitutional principles” is the most radical and anti-democratic and anti-Conservative idea I have heard in my lifetime.

    ~C. Ross

  20. #20
    Join Date
    Sep 1999
    Location
    Norwalk, Ohio
    Posts
    34,705

    Default Re: Enough of this doom and gloom economic threads

    .
    Steve Martin at the 1:17 mark, "I gave my cat a bath the other day..."

    "I'll tell you why [religion's] not a scam. In my opinion, all right? Tide goes in, tide goes out. Never a miscommunication. You can't explain that."Bill O'Reilly

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •