Independent thinking for complex markets and current events
Single workers in bottom 50% earn gross income between $30,000 and $45,000 yearly Net take home pay after all tax and insurance is only $23,000 to $35,000 annually Monthly net income for these individual worker range from $1,900 to $2,900 Roughly 40% of daily effort go toward paying tax and fee before earning for family …
Chairman Jim Jordan led the hearing on Tuesday. The committee focused on the Southern Poverty Law Center. They examined claims that the organization manufactured extremism. The SPLC allegedly funneled over $3 million in donor funds to extremist groups. These payments happened between 2014 and 2023. Some recipients were linked to the Ku Klux Klan and …
via Raisin Box Whistle Full Per-State Breakdown Below is a detailed breakdown for all 50 states based on 2022 data. States are classified as red or blue using the 2024 presidential election outcomes (Trump-won states = red; Harris-won states = blue). The table includes: • Population: July 1, 2022 Census estimate. • Per Capita Welfare: Nominal public …
🇨🇦 Household debt to GDP at 98.9% of GDP. pic.twitter.com/51FUUZq6w4 — Alex Joosten (@joosteninvestor) January 23, 2026 A new Food Banks Canada report shows an estimated 25 % of Canadians cannot afford two or more household essentials, suggesting roughly one in four people are living at a poverty level far higher than the official 10 …
Over 70% of Americans are now living below the poverty line, according to Mike Green. If you make under $140,000 a year, you're living in poverty if we measure it the same way we did in the 1960s. byu/TonyLiberty inFluentInFinance $140,000 Poverty LineViewers had lots to say about Mike Green's "real" poverty line. I will …
The Southern Poverty Law Center long ago abandoned civil rights work and turned into a partisan smear machine. Their so-called “hate map” has been used to defame mainstream Americans and even inspired violence. That disgraceful record makes them unfit for any FBI partnership. In April, during our Anti-Christian Bias Panel, I made it clear that …
J.K. Rowling @jk_rowling I’m seeing quite a bit of comment about this, so I want to make a couple of points. I’m not owed eternal agreement from any actor who once played a character I created. The idea is as ludicrous as me checking with the boss I had when I was twenty-one for what …
This is not a new trick. Charities, NGOs, even universities have long played the same game, crying poor to the public while hoarding endowments and spending lavishly behind the curtain , but Wikipedia’s case cuts deeper, because it built its reputation on the promise of openness, transparency, and public service. Instead, the foundation has quietly …
“I’m breaking down the truth about the latest anti-van life legislation and how it’s already impacting people who live in vans, RVs, cars, and tiny homes. If you’re a full-time nomad, stealth camper, or part of the vanlife community, you need to know how these laws, from places like Greeley, Colorado, Idaho, and San Francisco, …
Argentina’s poverty rate dropped from 52.9 percent to 38.1 percent during the second half of 2024, according to new data by the National Institute of Statistics and Census of Argentina (INDEC). Local outlets reported that INDEC, a decentralized entity within the Argentine Economic Ministry, observed a nationwide decrease in poverty and indigence (extreme poverty) rates …
Canadian Prime Minister Justin Trudeau resigns this week. What’s next for Canada?
Turkey has severe inflation problems and a plummeting currency. 22% of their children live in poverty. This is what governments will do to Bitcoin if it becomes a threat to its currency. This is why you shouldn’t be 💯 in Bitcoin. https://t.co/XOsWfqKbn6 — QE Infinity (@StealthQE4) December 26, 2024 If the U.S. government is willing …
Our banking system seems fantastic if you’re living in a middle-class bubble. We get a safe place to store our money with instant access whenever needed. We also get paid in interest for safely storing our cash. But these systems don’t work for everyone. Millions of the unbanked poor know that the system won’t help …
By Martin Armstrong The latest Supplemental Poverty Measure (SPM) found that at 12.9% of American households currently rely on government assistance, up from 12.4% one year prior. The figure was at 11.8% in 2019 and has risen every year under Biden-Harris. The data only factors in US households and not the tens of millions of illegal aliens …
Around 1.6 million pensioners living below the poverty line and who do not receive Pension Credit are set to lose out as a result of the government’s decision to means test the Winter Fuel Payments, according to a report by the former pensions minister. Sir Steve Webb, who is now partner at pension consultancy firm …
Pa. launches grant program to address ‘period poverty’ in schools The vast majority of Steelton-Highspire School District students — more than 91% — come from low-income families and there are no supermarkets or drug stores in walking distance. That leads to problems for girls and young women who need menstrual products and cannot attend school …
According to a recent report from Food Banks Canada, approximately 25% of Canadians may be living in poverty. The report introduced a material deprivation index (MDI), which assesses 11 essential items that Canadians surveyed said they could not afford. These items include clothing and dental care. Based on this metric, the report estimates that 10 million of Canada’s 40 million people are living …
via Mike Shedlock On a cost-adjusted basis, California leads the nation in percentage living in poverty. Blame the Progressive oligarchs like Governor Newsom. Unemployment rates from the BLS through April. State level data lags by one month. Chart by Mish. Warning to the World Spiked makes a strong case that a dominant class of oligarchs and …
Fast food prices have skyrocketed under the Biden administration, outpacing grocery bills and gas prices, according to Axios. Since before the pandemic, prices have surged by 31%, while average hourly earnings have only climbed 25%. It’s the cost of living crisis, plain and simple. Biden, the Democrats, and the media seem oblivious to the fact …
by Michael The tremendous chaos that is gripping communities all over this country did not emerge out of a vacuum. For years, poverty and homelessness have been on the rise. According to a recent report from Harvard University, the number of homeless Americans has increased by almost 50 percent in less than a decade. Meanwhile, the ranks …
You know the situation is bad when Bloomberg begins reporting on Canada's disastrous immigration policies & mass poverty. https://t.co/lU8nK2w8Vb pic.twitter.com/xcQrSxDYOz — Financelot (@FinanceLancelot) March 30, 2024 Secret RCMP report warns Canada will sink into civil unrest once citizens realize how broke they are. Canada is in a very bad situation, economically, politically, socially, etc. https://nationalpost.com/opinion/secret-rcmp-report-warns-canadians-may-revolt-once-they-realize-how-broke-they-are …
Poverty in the United States (2/2) Since 1975, the percentage of the population living well below the poverty line has increased by 49%. Relative poverty is a measurement of income inequality within a social context. It does not measure hardship or material deprivation but… pic.twitter.com/rMCp5W9SOq — Reef Insights (@ReefInsights) March 20, 2024
In NYC, there are 340,000 Millionaires, but in New York State, almost 3 million people live in poverty, whats causing this? Is it the high rents, high cost of living or something else…
Caravan has been broken down into smaller groups. They traveled 5 days in a roll and remained in Mapastepec, Chiapas, Mexico since December 28th. Leader has supposedly made deal with INM (Mexico Immigration) to get FMMs issued to them.https://t.co/3ZLYS2rYA1 — Mayra Flores (@MayraFlores4TX) January 3, 2024
Despite a strong labor market in 2022, the poverty rate for families headed by single mothers soared, according to a new analysis provided first to Axios. Why it matters: That’s due to the expiration of key pandemic-era benefits, including the child tax credit. Women and children face disproportionate poverty and hardship in the U.S., writes Shengwei Sun, a senior research …
Adults should be able to cover rent for a one-bedroom apartment AND groceries. h/t ChefAccurate942
via naturalnews: In the annual poverty report released by the U.S. Census Bureau, the country’s child poverty rate has more than doubled year-over-year, surging from 5.2 percent in 2021 to a distressing 12.4 percent in 2022. According to the Supplemental Poverty Measure (SPM) of the Census Bureau, the expiration of pandemic-era programs primarily contributed to the …
California, New York and Mississippi come out as top three states with highest poverty rate. Is anyone surprised? pic.twitter.com/SSVN6MAfhY — Wall Street Mav (@WallStreetMav) July 19, 2023
