Bill O’Reilly’s No Spin News and Analysis - O'Reilly Update Morning Edition, November 24, 2023
Episode Date: November 24, 2023Poor people in America... Learn more about your ad choices. Visit megaphone.fm/adchoices...
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Bill O'Reilly here, and I'm warming up.
Stand by for the O'Reilly Update Morning Edition, but first.
On this Friday, let's talk about poor people in America.
Statistics from the Census Bureau say poverty is increasing for the first time in 22 years.
The Bureau puts the number at about 38 million folks living below the poverty line of 30,000 a year for a family of four.
President Biden says poverty is increasing because of some cutbacks to the massive social programs
Democrats have created.
The left is committed to supporting Americans who cannot cut it in the marketplace by giving
them entitlements gleaned from the taxes of working people.
This is called income redistribution.
The problem here is that the federal government now owes about $33 trillion.
The USA cannot cover its.
massive bill, so it has to borrow. Joe Biden could not care less. He is in business to buy
votes by promising free stuff to the have-nots. He has absolutely no plan to reduce poverty
through achievement. America offers more opportunity than any other country on the planet,
but you have to seize it. Having babies out of wedlock with no assets will guarantee you'll be
poor. Becoming a substance abuser leads to poverty. So it is failing to get an education
or refusal to develop a skill. There are many pathways to avoid economic hardship. The military,
community college, working your butt off, saving your money. But sitting around waiting for
a government check is a doom loop. Back after this. Let's face it, the U.S. economy is under
stress. National debt rising, trade war, shaking the markets. And meanwhile, China is dumping
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That is the morning O'Reilly update. More analysis later on.