"But a Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever." - John Adams

Tuesday, November 23, 2010

Minimum Wager Earners Have More Disposable Income Than Someone Earning $60K

Got Cloward?
Tonight’s stunning financial piece de resistance comes from Wyatt Emerich of The Cleveland Current. In what is sure to inspire some serious ire among all those who once believed Ronald Reagan that it was the USSR that was the “Evil Empire”, Emmerich analyzes disposable income and economic benefits among several key income classes and comes to the stunning (and verifiable) conclusion that “a one-parent family of three making $14,500 a year (minimum wage) has more disposable income than a family making $60,000 a year.” And that excludes benefits from Supplemental Security Income disability checks...America is now a country which punishes those middle-class people who not only try to work hard, but avoid scamming the system. Not surprisingly, it is not only the richest and most audacious thieves that prosper – it is also the penny scammers at the very bottom of the economic ladder that rip off the middle class each and every day, courtesy of the world’s most generous entitlement system...You can do as well working one week a month at minimum wage as you can working $60,000-a-year, full-time, high-stress job.First outlined by Columbia Professors Cloward and Piven in their blueprint for the destruction of American capitalism, the Democrat Party's dual policies of limitless welfare and open borders have finally succeeded. America stands on the brink of economic catastrophe. The 2010 elections were a hopeful beginning, but only a beginning. We must unwind the treasonous policies of the progressive left and leave them no more a political force than the Whigs.

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