Satan Soldier Biden Approves of 8 Million Americans Being Considered Newly Poor

megaphone-2

Advisory: Be careful of what you read on social media. The algorithms used by these platforms have no regard for Biblical truth. They target your emotions to keep you engaged on their site so their advertisers can drop more ads. These platforms exist to enrich their stockholders. Consider God’s promise to Believers in James 1:5, “If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.”

Featured Story

A new poverty estimate seeking to analyze the nationwide impact of government relief measures which expired just at the end of last month has found that the latter half of 2020 marked the sharpest rise in the US poverty rate since the 1960s. The study released Monday and presented in Bloomberg finds that the poverty rate increased by 2.4% during the second half of 2020, following last spring and early summer COVID-19 rolling lockdowns in various parts of the country.

This amounts to an additional 8 million Americans being considered newly poor, nearly double the highest annual increase in poverty in over a half-century.

The study authors – economists Bruce Meyer of the University of Chicago, and James Sullivan of the University of Notre Dame – further found that Black Americans were among the hardest hit, and more that twice as likely to fall below the poverty line as White Americans.

According to Bloomberg’s summary of the results, “The researchers found that the stimulus checks the federal government issued in the spring helped forestall the poverty rate from rising even faster.”

Getty Images

Bloomberg recalls further that “In late December, $900 billion in addition federal relief aid was passed, and President Joe Biden is asking Congress for an additional $1.9 trillion in stimulus.”

The US trend of the past six months is also echoed more broadly in global data showing COVID-fueled poverty across much of the world.

A new study by Brookings using IMF & World Bank data shows, because of COVID, poverty is rising in most developing & emerging economies. The biggest rise in poverty is in India which will overtake Nigeria around now to be the nation with the largest number of poor people.— Kaushik Basu (@kaushikcbasu) January 23, 2021

As featured in a recent Oxfam study which also sought to assess the financial impact of the pandemic  up to 500 million people globally have been newly pushed into poverty, while at the same time the world’s 10 richest men made a combined $540 billion over the same time frame.

Oxfam is calling it evidence of the “greatest rise in inequality since records began.” 

Source: HNewsWire ZeroHedge HNewsWire HNewsWire HNewsWire HNewsWire HNewsWire

PLEASE DO NOT POST HNEWSWIRE ARTICLES ON PARLER, FACE BOOK, REDDIT OR TWATTER SOCIAL MEDIA PLATFORM, WE ARE NOT COMFORTABLE WITH THEIR ANTI-CHRISTIAN — ANTI-AMERICAN NAZI PHILOSOPHY…STEVIERAY HANSEN

StevieRay Hansen
Editor, HNewsWire.com

[email protected]

Watchmen does not confuse truth with consensus The Watchmen does not confuse God’s word with the word of those in power…

watchman-on-wall

Tagged In

Newsletter

Must Read

Long-Journey-Home-1
One-Thing
Mark-Cahill-Ministries-1
One-Blinding-Vision

Other Sources

USSANews

Latest News

A House Divided Against Itself Will Surely Fall, We Live in a Divided Country

By StevieRay Hansen | November 28, 2022

HNewsWire: The protesters are playing right into the government’s hands. They want an excuse to lock-down the nation and throw the switch to all-out martial…

Read More

Satan Soldier Proven Liar Wannabe Dr. Anthony Fauci Complained Monday That Americans Are Refusing to “Adhere”to Authorities,in Other Words, Be Yoked to COVID UNGODLY Restrictions, While Asserting That Everyone Should Still Be Wearing Face Diapers Indoors. SRH: We the People Will Not Comply With Evil!

By StevieRay Hansen | November 28, 2022

Fauci Complains That Americans Will Not “Adhere” To Authorities HNewsWire:  Anthony Fauci lamented on Monday that Americans are refusing to “adhere” to COVID limits, even…

Read More

New COVID-19 Vaccine (Kill Shot) Will Override Religious Exemptions, Christian Must Make Big Decisions Soon, Be Strong!

By StevieRay Hansen | November 28, 2022

HNewsWire: Christians, you need to make some tough choices soon since the new COVID-19 vaccine will not respect your right to refuse it on religious grounds.…

Read More

A University Student Who Claims Jesus Was Transgender Is Now Lecturing Us on Behalf of a Very Evil Academic Group of Satan Soldiers

By StevieRay Hansen | November 28, 2022

To suggest Jesus was transgender on the basis of a side wound in a fourteenth-century artwork and to take that claim seriously demonstrates just how…

Read More

You Aid an Evil System Most Effectively by Obeying Its Orders and Decrees Mass Media Is the Most Powerful Tool in the Armory of Control. Used at Length by Government Special Interest Groups and Companies, Mass Media Has the Power to Shape Lives, Implant Convictions and Propagate Bias and Fear

By StevieRay Hansen | November 28, 2022

Mainstream media mass Media is an irresistible psychological method of brainwashing that no person can escape from over a period of time. Mass Media, even…

Read More
Focused-Protection-1
Place Your Ad Here

We make every effort to acknowledge sources used in our news articles. In a few cases, the sources were lost due to a technological glitch. If you believe we have not given sufficient credit for your source material, please contact us, and we will be more than happy to link to your article.

StevieRay Hansen

In his riveting memoir, "A Long Journey Home", StevieRay Hansen will lead you through his incredible journey from homeless kid to multimillionaire oilman willing to give a helping hand to other throwaway kids. Available on Amazon.

1 Comment

  1. Patrick Galasso on January 26, 2021 at 5:53 pm

    Thus, we see cultural marxists promoting those they consider oppressed and labeling those who oppose them as racist, sexist, misogynist, homophobic, xenophobic, or Islamophobic. Instead of bringing Americans together with a shared vision, the Club of Rome influenced Obama has driven a wedge of discontent and mistrust in the ordering of class structure in America.

    In most cases, if you were to take two people divided by whatever “label” they’ve been assigned and discuss with them what is really important to them, you’d likely discover they are not really all that different from yourself. Most people want a safe environment for their families, they all want a way of making money to support our families, and we all want to pursue happiness. If we would set aside the divisive hot topics that define our differences and stop fighting one another, we could all turn our attention to the system that has pitted us against one another and benefits from our fighting one another. We really have much more in common with each another than we have with those wanting to dominate and control us. We have a fundamental shared enemy: collectivism.

Leave a Comment