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POVERTY SOARS, HIGHEST SINCE 1983  

By: Decomposed in ROUND | Recommend this post (5)
Tue, 13 Sep 11 6:15 PM | 40 view(s)
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I have little sympathy. The newly impoverished are the people who overwhelmingly voted for "Change" in 2008 - without bothering to ask for a clear definition of what that meant. Well, they got what they requested. 


Sep 13, 2011

Census bureau: U.S. poverty rises to 15.1%, highest since 1983

The U.S. poverty rate has risen to 15.1%, the highest since 1983, the U.S. Census Bureau reports.

Trudi Renwick, the bureau's chief of the Poverty Statistics Branch, says "the single most important factor" in the increase in poverty might be the increase in the number of people who did not work at all last year.

Renwick says the number of people over 16 who did not work at least one week increased from 83.3 million in 2009 to 86.7 million last year.

The bureau says that if Social Security payments were excluded from income, the number of people 65 and over in poverty would be 14 million higher in 2010.

http://content.usatoday.com/communities/ondeadline/post/2011/09/census-bureau-us-poverty-rises-to-151-highest-since-1983/1




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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