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Census Bureau: Poverty rate remains at 15 percent,,,,,I call bull$hit on yet another gumpie provided number,,,

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 18 Sep 12 9:25 AM | 46 view(s)
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AP) WASHINGTON - The nation's poverty rate remained stuck at a record level last year, while household income dropped and the number of people who don't have health insurance declined.

A Census Bureau report released Wednesday provided a mixed picture of the economic well-being of U.S. households for 2011 as the nation enters the final phase of a presidential election campaign in which the economy is the No. 1 issue.

The overall poverty rate stood at 15 percent, statistically unchanged from the 15.1 percent rate in the previous year. Experts had expected a rise in the poverty rate for the fourth straight year, but unemployment benefits and modest job gains helped stave that off, the bureau reported. For last year, the official poverty line was an annual income of $23,021 for a family of four.

While unemployment eased slightly from 2010 to 2011, the gap between rich and poor increased. The median, or midpoint, household income was $50,054, 1.5 percent lower than 2010 and a second straight annual decline.

In a blog post, the White House said the latest figures show that government policies can help the poor, middle class and uninsured, while more work remains to be

http://www.cbsnews.com/8301-500395_162-57511216/census-bureau-poverty-rate-remains-at-15-percent/




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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