Skip to comments.Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected
Posted on 11/15/2012 12:21:38 PM PST by Academiadotorg
WASHINGTON (CBSDC/AP) As President Barack Obama is set to begin his second term, new statistics on Americas poverty rate indicate that nearly 50 million Americans, more than 16 percent of the population, are struggling to survive.
New figures released by the Census Bureau this week found a spike in poverty numbers last year, going from 49 million in 2010 to 49.7 million last year. The numbers may come as a surprise to Congress, which estimated in September that the poverty rate would drop to 46.2 million. One of the most startling findings showed that almost 20 percent of American children continue to live in poverty.
The Associated Press reports that the new figures are based on an updated formula devised by the Census Bureau to help give the government a better understanding for how to use safety-net programs.
(Excerpt) Read more at washington.cbslocal.com ...
Remind me again about how he brought us all back from the worst recession since the “Great Depression”???? This one is going to make That one look mild in comparison.
Isn’t it amazing how all the badnews comes out this week?? Journalism is going to be the first casualty.
I would also like to know what they are calling poverty. Schools feed these kids three meals a day, they have food stamps, public housing, free medical care, free school, passes for free bus transportation. I’m more concerned about the working poor who try to scrap together enough hours from two or three part-time jobs and don’t accept any government handouts but are trying to hang on.
It all depends on what you call ‘poor’
There are an alarming number of Cadillac Escalades driven in “the ‘hood”
If God said you were destined to be poor forever but he would give you your choice of what country to be ‘poor’ in, which country would you choose?
“If God said you were destined to be poor forever but he would give you your choice of what country to be poor in, which country would you choose?”
Good question, you did not address it to me but if God told me that I would be poor forever but I would have just enough of material goods to survive but would be able to scrape by the way we used to scrape by back when I was walking behind a plow I would ask to be poor in the freest country God could put me in. I don’t think that would be the USA! I would much rather be poor and free than well off financially in a hell hole such as we are creating here. A poor person in a free society may improve his position financially, I see no prospect that our situation is going to get better any time soon.
I also don’t think the “poor” who are doing so well here now will continue to do that well much longer, I think they have a crude awakening coming. It was only a short time back that anyone who suggested on FR that things would be as bad as they are now was called nutty. Anyway the “poor” who are doing so well on EBT cards, welfare etc. are still poor just as someone who has nothing but is being supported by a rich relative is still poor in reality. Some people live far beyond their own means but that does not mean they are actually well off. It only means they are doing OK until the props are kicked out from under their charade.
Sure, now when the election is over we will get the bad news.
The press should be ashamed of itself for being the shameless sycophants that they are.
I know several families like that. One was without electricity for several weeks as it had been shut off for non-payment. They recently scraped together enough to turn it back on...they won’t accept public assistance. :-(
These are the kind of people that there should be a way to help anonymously because most would be too embarrassed to admit there were financial problems.
Went to our local Chick-filet-A tonight. The second grade class at one of our local schools was sponsoring a Help our Friends night for a second grade class at one of the schools in Staten Island. One of our local kids has a friend who attended school in New York until it was destroyed by Sandy. If you mentioned them when you ordered, CFA was contributing 20% of the cost of your order to the fund. It will be used to replace books and things these kids used in their classroom. Second graders were standing out with their homemade signs. Good to see this involvement. One of the dads said we had to help because all the parents at this school were white Republicans and will be the last to get their school rebuilt, if ever.