"The ranks of the working-age poor climbed to the highest level since the 1960s as the recession threw millions of people out of work last year, leaving one in seven Americans in poverty.What's going on in the land of plenty?
The overall poverty rate climbed to 14.3 percent, or 43.6 million people, the Census Bureau said Thursday in its annual report on the economic well-being of U.S. households. The report covers 2009, President Barack Obama's first year in office.
The poverty rate climbed from 13.2 percent, or 39.8 million people, in 2008.
The share of Americans without health coverage rose from 15.4 percent to 16.7 percent -- or 50.7 million people -- mostly because of the loss of employer-provided health insurance during the recession. ...
Other census findings:
--Among the working-age population, ages 18 to 65, poverty rose from 11.7 percent to 12.9 percent. That puts it at the highest since the 1960s, when the government launched a war on poverty that expanded the federal role in social welfare programs from education to health care.
--Poverty rose among all race and ethnic groups, but stood at higher levels for blacks and Hispanics. The number of Hispanics in poverty increased from 23.2 percent to 25.3 percent; for blacks it increased from 24.7 percent to 25.8 percent. The number of whites in poverty rose from 8.6 percent to 9.4 percent.
--Child poverty rose from 19 percent to 20.7 percent."
Corporate greed ...? One too many wars?
Is Tom the liberal messiah asleep at the wheel?
Does this mean the Rethuglicans in Congress will be staging a comeback?
I don't even want to think about the next Republican in the whack house.
My head hurts now.
2 comments:
The report has been finding out a very prognostic situation in ours society. 1 of 7 americans live in poverty. Its a important message for politics and specially for american government. In my opinion, the main cause of this problem is stagnant global market. Maybe. Second problem presents a lot of immigrants.It´ll be very hard, but we have to bring off this situation.
Thank you kindly for your comment Jay.
"Hard times is spreading just like the flu," like a line from a favourite tune of mine goes.
Peace to you,
Ridwan
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