How Big is Italy’s Problem?

How Big isItaly’s Problem?

 

$650 billion euros would get them by “for a few years.” That’s $877 billion dollars.

Italyhas 60 million people. (A proportional bailout for theUSwould be $4.4 trillion.)

$14,616 per person, $58,500 per “family” would solveItaly’s problem for a few years, meaning politicians would not have to lay off any government workers, freeze pay and benefits, redesign public worker pensions, or reduce social benefits to levels of a few years ago.

 

CouldGermanyhelp?

They have 82 million people.

Each “family” could send $42,780 toItaly’s public unions and welfare beneficiaries.

No wonderGermanydesists.

They have not the money either.

 

 

 

“Politicians [ inEurope] don’t want to tackle the hard and dangerous work- witness the unionized public workers taking to the streets to protect their sinecures- of budget control.” (George Melloan, WSJ Nov. 30, 2011, A Political Solution for the Euro?)

What is Communism?

What is Communism?

Click the title to download the Power Point presentation.

The download could take over a minute. It is 16 MB.

What Causes Poverty?

What Causes Poverty?

 

I ask people, “What causes poverty?”

 

Today I asked a state employee.

 

She said, “Lack of money.”

 

I said, “Explain yourself.”

She said, “I had more stuff when I was on food stamps. I was on every government program. My rent was $200 each month because I was on the Section 8 program. Power was paid by the Low Income Energy Assistance Program. I had food stamps and WIC, (Women, Infant, and Children.) Medicaid. Everything was taken care of. I had a boyfriend and a baby. I earned $500 each month working 2-4 hours a day cleaning rooms at minimum wage. It was easy. I didn’t have to worry about anything.

 

Now I make $13 an hour and have to pay $600 each month in rent, utilities, (she still probably qualifies for food stamps because now she has more than one child and her $2,200 monthly income is below 185% of the federal poverty line for a household of 3), $130 a month in internet so I can go to college, (I wonder what kind of internet that is- mine is $48). Why work when if you don’t everything is taken care of? Everything!”

My sister is on all the programs. She’s taking advantage of the system. She went to a culinary arts school inOregon, a Cordon Bleu school, and ran up $90,000 in debt. She has a 60” TV and the monster sound system. She and her friends frequently go to IHOP and Denny’s. I go out to eat maybe twice a month. She works part-time for spending money, but otherwise everything is taken care of.

I don’t know why she is like that- we were raised in the same household. Maybe it’s being from a different generation- she’s three years younger. She got the idea of entitlement somehow.

People taking all the benefits have nice new cars. It makes me sick the way they spend their big check at tax time.”

 

I asked a school administrator, “What causes poverty?”

He said, “It’s not money. It’s a mindset, a culture, though you can be temporarily short on money.”

I asked a business manager, “What causes poverty.”

 

He described growing up with a father who was a tradesman and worked sporadically.

“My parents did not know how to get out of that pit. It (poverty), is partly due to the economy. There is a need for jobs. It (poverty), is also a choice. People I interview for jobs say, ‘I only want to work Tuesday through Friday and I need to get off at 1:00 on Friday.’ Or they say,’ I just have to come to these interviews so I can get benefits.’ I think it’s easier to accept assistance than take an entry level job.”

Food Insecurity questioned

I recently completed an article titled, Hunger in America: The Myth.

Some of its salients points are:

  • Free school lunch kids waste 46% more food than regular price kids. How can poor kids be hungrier?
  • School lunch waste is about 30%. Where’s the hunger?
  • School lunch provides all the calories a kid needs; then poor kids go home and eat the food stamp pop, candy bars, take-and-bake pizza and donuts.
  • A family of 6 can get $24,300 per year in food stamps, free school food and food bank food. A non-recipient family of 6 usually spends $11,500 per year on food.
  • The poor are adding weight faster than the non-poor.
  • Arguments as to why the poor make bad choices with food stamps do not stand scrutiny.
  • The food stamp program this year costs $77 billion. Mr. Obama wants to add $9 billion to that. A healthy food list reform could cut spending in half; no recipient would go hungry and the nation’s deficit would be substantially reduced.
  • At least 57% of food stamp spending is for foods high in high fructose corn syrup, cholesterol, fat and sodium. Food stamps buy unhealthy food.
  • The USDA and the Obama Administration are aggressively expanding food stamps and free school lunch.
  •  The USDA rebuffedNew York City’s request to drop soda pop from permissible food stamp purchases.
Its conclusion is: One should imbibe alarms about pervasive hunger skeptically.