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WE HAVE THE ABILITY TO ELIMINATE POVERTY IN THIS COUNTRY.
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No we don't. We have the ability to raise incomes across the board, thus bringing everyone above the current poverty line. Yippee! oh wait, what was the definition of inflation again? If minimum wage is $50K/year, within a short period of time it will cost $60K to be above the poverty line. That is how it works, like it or not.