Sunday, January 12, 2014

No Mike Konczal, Dylan Matthews is a liar

Mike Konczal:
First, Dylan Matthews has already dissected the claim that poverty hasn’t declined. It has. It’s just that the “official” poverty rate doesn’t factor in the earned-income tax credit or food stamps in its calculations. Given that these are two of the most direct ways that the government tries to lift people out of poverty, that’s a major problem. These programs do, in fact, lift people out of poverty--it just doesn’t show up in the official rate, because that’s how the rate is constructed.
 Let's look at Dylan's chart, one more time. We see poverty at about 15% when LBJ began the program.  It has hovered between 12% and 15% ever since. Dylan Matthews is simply an idiot, sorry.

What else do we see? Well, Obama and his numbskull economists have run the poverty rate from 13% to 15%, and they show no signs of stopping their rampage.  And we see the the Fed has driven the dollar yield to negative territory making the poor poorer. And we see idiot economist claiming that we need lower real wages.  Likely Democrats, like Obama, are responsible for the multiple generations of women in poverty. We have Jerry Brown admitting that the California is about more poverty. Pelosi telling us that racial pandering is a good thing for political parties. Kamala Harris in California telling us the minority whites get special priviledges in college.  Barbara Boxer organizing political support for sexist policies.

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