Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By Next Big Future (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

50 years after US President LBJ, China also declares war on poverty

% of readers think this story is Fact. Add your two cents.


50 years ago in the USA, President Lyndon B. Johnson declared a war on poverty in his State of the Union address on January 8, 1964. This legislation was proposed by Johnson in response to a national poverty rate of around nineteen percent. The speech led the United States Congress to pass the Economic Opportunity Act, which established the Office of Economic Opportunity (OEO) to administer the local application of federal funds targeted against poverty. As a part of the Great Society, Johnson believed in expanding the government’s role in education and health care as poverty reduction strategies. These policies can also be seen as a continuation of Franklin D. Roosevelt’s New Deal, which ran from 1933 to 1935, and the Four Freedoms of 1941. The popularity of a war on poverty waned after the 1960s. Deregulation, growing criticism of the welfare state, and an ideological shift to reducing federal aid to impoverished people in the 1980s and 1990s culminated in the Personal Responsibility and Work Opportunity Act of 1996.

In China, Chinese Premier Li Keqiang has vowed to fight a “war against poverty,” highlighting the existing imbalances in China’s economic growth. As China’s overall GDP draws ever closer to surpassing the United States’ for the position of world’s largest, more and more commentators have taken to pointing out China’s relatively low per-capita GDP. According to the World Bank’s data, in 2012 China’s per capita GDP was $6,091, lagging behind not only the United States ($51,749) but countries such as Iraq ($6,455), Azerbaijan ($7,164), Botswana ($7,238), and Columbia ($7,748). It’s a testimony to the simple fact that, while China’s overall economy is massive, it must provide for 1.36 billion people.

A 2012 survey done by Peking University showed, for example, that average family income for urban residents was $2,600 a year versus only $1,600 a year for rural resident. In 2010, China Daily reported that China’s urban-to-rural income ratio was 3.33:1, the highest level since 1978.

As a result, China’s per capita GDP doesn’t adequately capture the extent of the poverty problem. World Bank notes that China has about 128 million people living below the national poverty line (which equates to about $1.8 a day) — making China second only to India in terms of the largest population of the poor.

China’s own official estimates are lower, but only slightly so, with Xinhua reporting 98.99 million rural poor alone in 2012. To put that in context, if we go by the World Bank estimate, China’s impoverished population is greater than the total population of all but nine countries in the world (Japan, ranked #10 in total population, has just over 127 million people)

Read more »


Source: http://nextbigfuture.com/2014/02/50-years-after-us-president-lbj-china.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.


LION'S MANE PRODUCT


Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules


Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.



Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.


Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.