Poverty in the U.S.

If you consider the latest Rasmussen Report--
More Americans than ever doubt whether it is possible for most people in this country to escape being poor. 
A new Rasmussen Reports national telephone survey 40% now think it is not possible for just about anyone to escape poverty, up just two points from 38% in March but the highest finding in regular surveying since January 2009 just after the Wall Street meltdown. Sixteen percent (16%) more are not sure. (To see survey question wording, click here.)

So, when you take that into consideration, Lake Worth can't or probably will not climb out of the poverty ashes. The city of Lake Worth wants to strangle the property owners in new debt that they have no chance from escaping unless they can find some poor sucker to buy their property.

We have defined our country as a place where everyone, if he or she works hard enough, can get ahead (the American Dream) but Obama with a line stolen from Elizabeth Warren in her victory speech on November 6, 2012 where she stated it had been "an amazing campaign, and let me be clear, I didn't build that, you built that," contradicts that work ethic. Warren copped the line from some professor. So, the message from this administration is--if we work hard, someone else got us there.  How does this stated belief  incentivize people to work hard and to achieve success?

Regarding the General Obligation Bond that obligates you to pay until year 2049, poor people could become tax poor in this city. Businesses will look at this high tax and think twice before they come to Lake Worth to build a property or buy a commercial structure.