Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics
Shrewd'm.com Merry shrewd investors
Best Of Politics | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search Politics


Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (43) |
Author: onepoorguy 🐝  😊 😞
Number: of 48491 
Subject: Re: File the F*cking motion"
Date: 09/19/2023 3:40 PM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 2
The economy is not "awesome", but neither is it horrible. The truth is somewhere inbetween. It's improving. The number most are looking at is unemployment. It's back down to pre-COVID levels. Which is good. Obviously, poverty is bad.

Poverty (in terms of percent) has actually held pretty steady since the mid-60s. Which is surprising to me, but there's the chart:

https://www.census.gov/newsroom/stories/poverty-aw...

This implies the "War on Poverty" didn't do much, because poverty was already on the decline before that "War" was declared. Which also is a bit surprising. But maybe it shouldn't be that surprising. "War on <fill in the blank>" never really works out. We throw money at it, politicians spout about it, but it doesn't really change the numbers that much.

Of course, the poverty level (i.e. what we consider 'poverty') has changed over the years, and they didn't put any error bars on that chart. But it's probably "close enough".
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (43) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds