Census reveals 45m Americans living in poverty

Census reveals 45m Americans living in poverty
Daily Mail
15 September 2010, 8:45am


One in seven Americans is living below the poverty line, it was revealed yesterday.

Skip additional links
The Statue of Liberty
Home of the broke: More Americans are living below the poverty line.
WANT TO KNOW MORE?

* US jobless figures threaten revival
* Fed loosens policy as US rebound stalls

FTSE LATEST
5555.56-11.85
Go to Market data

With 45mn Americans officially designated as poor, the US census figures reflect the worst decline in living standards for more than half a century.

Child poverty also increased last year to more than one in five. That compares to one in three children in developing African nations.

The grim statistics are another serious blow to President Barack Obama and his Democrat Party and will be a key issue in the looming mid-term elections.

The American government sets the poverty line at £14,000 a year for a family of four.

The census report shows that about 15% of Americans earned less than that last year, up from 13.2% in 2008. It was the highest single-year-increase since the government began calculating percentages of poor in 1959. The previous high was in 1980, when the rate jumped 1.3 points to 13% during the energy crisis.

Mr Obama tried to put a brave face on the barrage of bleak economic data last week, insisting: 'The most important anti-poverty effort is growing the economy and making sure there are enough jobs out there.

'If we can grow the economy faster and create more jobs, then everybody is swept up into that virtuous cycle.'

But one Republican analyst said: 'The official poverty level grossly underestimates the amount of money needed to live a decent life in America today. The real number of people dealing with severe financial hardships is probably nearer 100m.'


Read more: http://www.thisismoney.co.uk/news/article.html?in_article_id=514732....

Views: 37

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

cheeki kea commented on Doc Vega's blog post Left Behind
"Wow timeless and classic Doc V. Is this a song you've written? It feels like one, almost like…"
1 hour ago
cheeki kea favorited Doc Vega's blog post Left Behind
2 hours ago
tjdavis posted a blog post
8 hours ago
MAC posted a video

NEXRAD Station In Pueblo CO - Gets A Phone Call And You Will Want To Listen To This

Oct 1 2024 - The lies and coverups continue..Email -skymilitia307@gmail.com
10 hours ago
tjdavis posted a video

Freemasonry - Masonic fun with AI

After having a conversation about the Craft with Chat GPT a few weeks ago (https://youtu.be/i8KBPzlvXac), this week I thought we'd explore the world of Artif...
yesterday
Doc Vega posted blog posts
yesterday
Less Prone commented on Less Prone's photo
Thumbnail

NATO KB FINLAND

"Finland is the next Ukraine with our gungho president who gladly sends the young Finns to die for…"
yesterday
Less Prone favorited MAC's video
yesterday
cheeki kea posted a photo
yesterday
Sandy posted a video

New technology could help save the Colorado River

Cloud seeding is a form of weather modification that can increase rain and snow production by up to 15% and is being used to help the Colorado River recover ...
Wednesday
tjdavis commented on MAC's video
Wednesday
tjdavis posted a video

“The Stench is Unbearable”: Dead Bodies Piling Up, FEMA Abandons NC Residents Amid Hurricane Helene

CORRECTION: Amanda stated the fire chief of Fairview, North Carolina had sent private helicopters away that were attempting to provide relief to residents. S...
Wednesday
tjdavis posted a blog post

Music To bomb By...

".3" - Porcupine Tree…See More
Tuesday
Doc Vega posted blog posts
Tuesday
cheeki kea commented on cheeki kea's photo
Thumbnail

Fast News Incoming...

"I guess the Nord pipeline event will never be 'solved' or strange cuts in fibre optic…"
Tuesday
cheeki kea favorited Doc Vega's blog post The Siege Against America and the West: What’s the Reason?
Tuesday
cheeki kea commented on Less Prone's photo
Thumbnail

NATO KB FINLAND

"Oh wow this is an outrage and why does Sweden get to crown themselves to leaders of the pack? Their…"
Tuesday
cheeki kea commented on Doc Vega's blog post The World of Cancer Research and Abandoning True Cures!
"More good nicotine news, anyone notice the better it gets the harder the govt. persist in…"
Tuesday
tjdavis posted a video

Stephen Stills - Sounding Out (1970)

1970's profile of Stephen Stills. By the end of the 1960s, Stephen Stills had written one of the decade's most successful protest songs, played a central rol...
Tuesday
Dave Svoboda favorited truth's blog post Site Help & Tips -
Tuesday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted