The Associate Press, a propaganda organ of the 1 percent, continues to mislead the American people. Ok, the organization does not mislead, it lies to the 99 percent on behalf of the 1 percent. On the other hand, stunningly, even liberal blogs like to lie to the 99 percent. Of the AP report, ThinkProgress.org wrote, “The number of Americans who live within 125 percent of the federal poverty level is expected to reach an all-time high of 66 million in 2012, the Associated Press reports. A family of four at 125 percent of the poverty level — the threshold for legal aid and other government assistance programs — makes $28,800 a year, according to government data. Faced with stagnant wage growth and high unemployment, the number of Americans near the poverty line has skyrocketed since the Great Recession began in 2008, as the chart from Zero Hedge shows below, contributing to America’s rising levels of income inequality.”
The truth is this. Rising income inequality is brought about because the government continues to enact income redistribution legislation, such as free trade treaties. In other words, legislation redistributes income from the 99 to the 1 percent and this creates rising poverty. It’s not the other way around whereby rising poverty contributes to “income inequality.” The point of view of the folks at ThinkProgress does not make any sense. It makes one wonder. Has ThinkProgress become a propaganda agent of the 1 percent?
The Obama administration, like all good corporate Republicans, continues to redistribute income from the 99 to the 1 percent via legislation, such as free trade treaties and deregulation. This is all done on behalf of Wall Street and the 1 percent.
Related stories below.
US Poverty on Track to Rise to Highest Level Since 1960s–Associated Press
Number of Americans to be near or below poverty level to reach all time high in 2012
