A Quote by Lil B
Growing up low income and poor, I didn't have the best relationship with money.
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I've been around low-income people all of my life. I mean, growing up, low income, the community where I've chosen to live, low-income.
My perspective of capitalism growing up in Berkeley, Calif. in a low-income project, growing up poor, is that capitalism wanted to destroy me, they wanted me to become a worker.
If the "rich" were swarming into poor neighborhoods and beating the poor until they coughed up the dimes they swallowed for safekeeping, yes, this would be a transfer of income from the poor to the rich. But allowing taxpayers to keep more of their money does not qualify as taking it from the poor - unless you believe that the poor have a moral claim to the money other people earn.
Most of the productivity gains appear to go to the top 1 percent. Most people don't have enough income and as a result, they borrow additional money by using their credit card and they fall into high debt. The result of the growing income gap is a slower growing GDP (too few people with money to spend) and a rising tide of indebtedness.
If accessing the Internet becomes more difficult for low-income communities, academic and employment competition may be undermined, and could damage the prospects of upward mobility for low-income New Yorkers and further exacerbate income inequality.
Taxes and fees in Chicago and Cook County are forcing low-income families like the one I grew up in out of this city. It's clear we can't keep treating low-income and middle-class families like an ATM machine with no limit.
The solution for rising up kids in the income distributionlies is in creating better childhood environments for kids growing up, especially in low income families. And so what means such things like schools, the quality of neighborhoods. If you think about what's gone on in Baltimore, it's a place of tremendous concentrated poverty. People aren't really seeing a path forward and I think revitalizing places like that can have a huge impact, even in the face of globalization and changes in technology.
Growing richer every day, for as rich and poor are relative terms, when the rich are growing poor, it is pretty much the same as if the poor were growing rich. Nobody is poor when the distinction between rich and poor is destroyed.
In comparative terms, there's no poverty in America by a long shot. Heritage Foundation political scientist Robert Rector has worked up figures showing that when the official U.S. measure of poverty was developed in 1963, a poor American family had an income twenty-nine times greater than the average per capita income in the rest of the world. An individual American could make more money than 93 percent of the other people on the planet and still be considered poor.
Growing up in Charlestown, we didn't have money, but we weren't poor either.
Sales = income. The reason so many people have low incomes is that they are poor at selling.
I think Katrina is one more indication of how inefficient and corrupt this Administration is, and indicates the absolute lack of seriousness that [George W.] Bush has in making the government respond to the needs of the people. They are so separated from the lives of normal, low-income people that it never occurred to them that if you're poor and have no money, no car, that you can't leave.
We need not wait for further, well-placed home video cameras to see that low-intensity warfare is being waged against low-income minorities. We need only listen to the voices of the poor; they can testify that they are dehumanized, disparaged, and despised by the police.
No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.
There is a strong need for constructing low income houses in the province, for which the Punjab government has planned a programme of providing houses to low income strata.
Low-income taxpayers deserve the same rights as everyone else. It was wrong of the IRS to target low-income taxpayers, and I am please by the decision to correct this unfair practice.
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