Tuesday, August 30, 2005

Tuesday August 30, 2005 The Rich get richer.

While we spend Billions on an unneeded war and throw Billions into pork-barrel projects and reduce taxes for the super-wealthy, look what happens to millions of our fellow citizens. The rich do get richer and poverty spreads. Think about this the next time you hear about tax cuts for the wealthy. Is this what we are about?

You read stuff like the following and it makes you mad. Where are our values and priorities? Obviously, they aren't where I believe they should be.

Associated Press

WASHINGTON - The nation's poverty rate rose to 12.7 percent of the population last year, the fourth consecutive annual increase, the Census Bureau said Tuesday.

The percentage of people without health insurance did not change.
Overall, there were 37 million people living in poverty, up 1.1 million people from 2003.
The number of people without health insurance grew from 45 million to 45.8 million.
Regionally, income declined only in the Midwest, down 2.8 percent.

Tim Smeeding, an economics professor at the Maxwell School of Syracuse University, says the nation has experienced a shift from earnings income to capital income and capital gains, which aren't reflected in the Census Bureau's latest numbers.

"Most of that growth in the economy over the last couple of years has gone to higher income people and has taken the form of capital income - interest, rents, dividends," Smeeding said.

From the Kansas City Star:

It was standing room only Monday in Truman Medical Center’s financial counseling center as the main health provider for the area’s poor made cuts in services.

The changes include the elimination of the hospital’s prescription assistance program and the requirement that nonemergency patients who live outside Kansas City or Jackson County make a down payment on their anticipated bill and commit to paying the balance. And Truman eliminated dental services at its Lakewood facility for adult patients who lack dental coverage, unless they work out a payment plan in advance.

And it’s possible the counseling center will become more hectic as cuts in Missouri Medicaid take effect Thursday, said Shelly Phinney, corporate manager of Truman’s financial counseling center.

More than 300,000 Missourians are expected to be affected by those changes, which include the elimination of adult dental coverage, a reduction in rehabilitation services and changes in Medicaid coverage for children.

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