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It takes a hefty amount of chutzpah for the ABC, CBS and NBC evening news shows to continue covering up bad news that repeatedly makes Bidenomics look like the disaster it’s been for the U.S. economy. The Hill reported Sept. 12 that the poverty rate rose 4.6 percentage points in 2022, based on data released by the U.S. Census Bureau the same day. This was the measure’s “first increase since 2010.” Specifically, the Supplemental Poverty Measure (SPM), which accounts for government programs (e.g. food stamps, tax refunds) in addition to income and benefits, spiked to 12.4 percent in 2022 in...

A terrible thing is happening to America’s seniors. While overall poverty rates in the United States are falling, they are rising for Americans over age 65. That’s according to the latest U.S. Census Bureau data, which says the share of older people living below the poverty line rose to 10.3% in 2021, up from 8.9% in 2020. The increase means that an additional 1 million older adults have fallen below the poverty threshold, bringing the total number of seniors in that unfortunate category to nearly 6 million, according to an analysis by the National Council on Aging (NCOA). “We are...

Don’t let Hillary Clinton’s victory in South Carolina and on Super Tuesday fool you. Her support from the black community has been strong in the primary race so far. Nonetheless, this community’s current loyalty is based on an outdated ideological model. The politics of grievance alone will no longer work. She is simply a more substantive candidate than Senator Bernie Sanders. Unlike her husband—famously dubbed the “first black president” by novelist Toni Morrison, Secretary Clinton does not appear to have the monolithic black support that Democratic frontrunners often take for granted. A surprising number of high profile black leaders have...

This might seem very surprising indeed but it could be said that the United States actually has less poverty than Sweden. I know this isn’t the story you’re used to hearing but bear with me. Given that elections are looming it must be time for the Economic Policy Institute to release their State of Working America report. Just before an election is of course exactly the right time to release impartial figures on how everyone is doing. Which is what makes this chart of theirs so interesting: This is not calculating poverty by the usual US method. This is using...

In September 2010, the Associated Press prepared an advance report on the expected surge in the Census Bureau's official poverty rate, which rose from 13.2% to a 15-year high of 14.3%. Their stated preoccupation was not with the associated pain, but with "the unfortunate timing for Obama and his party just seven weeks before important elections when Congress is at stake." Well, this year's official poverty rate will very likely be the highest seen since the mid-1960s, and there's a presidential election coming up. What's the AP, aka the Administration's Press, to do? It looks like the strategy is to get...

United States Census and other publicly available records tell us we may be in worse shape now than most people would believe. Consider these shocking statistics. The Census Bureau reports that in 84% of our largest metropolitan areas the percentage of “very poor” people increased during 2010. The Census Bureau, reported the percentage of “very poor” rose 84% of America’s 360 largest metropolitan areas during 2010. The 2.6 million people who fell into poverty in 2010 was the largest recorded increase since records were first kept in 1959. Even the number of “poor” has risen from 11.3% in 2000 to...

The Census Bureau's annual report offered a dismal outlook for U.S. poverty, as the ranks of America's poor rose to nearly 1 in 6 people last year and the number of uninsured spiked to 49.9 million. (Associated Press) -The overall poverty rate climbed to 15.1 percent, or 46.2 million, up from 14.3 percent in 2009. The official poverty level is an annual income of $22,314 for a family of four. Reflecting the lingering impact of the recession, the U.S. poverty rate from 2007-2010 has now risen faster than any three-year period since the early 1980s, when a crippling energy crisis...

Obama has added approximately 14,000 people per day to food stamp dole out. This issue alone should be used by everyone running against him every day until the election!

Poverty: A new report comes as a punch in the gut for proud Americans: One in seven of us is poor, government data show. Surprised? Don't be. It's what happens when you kill the most productive parts of a country. An estimated 14.3% of the population, or 43.6 million people, were considered poor in 2009, up from 13.2% the year before, the Census Bureau reports. This is the highest share living in poverty since the government began keeping records half a century ago. How can this be in the richest nation on Earth? Since Democrats took power - Congress in...

The U.S. Census Bureau says poverty in the United States last year remained unchanged after four consecutive years of increases. The agency's 2005 report also found incomes in the United States rose slightly last year, for the first time since 1999. The Census Bureau's David Johnson says there was no significant change in the U.S. poverty rate in 2005 from the previous year. "The period following the latest recession was a period of falling income and rising poverty rates. However, after four years of consecutive increases, the poverty rate stabilized at 12.6 percent in 2005, and 37 million people." According...

Wednesday, March 24, 2004   Poverty Rate Lower than Clinton Era Econopundit, Steve Antler graphs the poverty numbers for children and comes to a startling conclusion. Poverty is down. The source data for his graph is the U.S. Census Bureau. I'M SO CONFUSED. I THOUGHT PEOPLE WERE JUST GETTING POORER AND POORER.Let's use the same source, the Census Bureau, to look at the percentages of Americans and Americans in families living in poverty: TERM AVG % ALL AVG % FAMILIES Reagan I 14.7 13.3 Reagan II 13.5 12.0 Bush 41 13.8 12.4 Clinton I 14.3 12.8 Clinton II 12.3...

http://www.investors.com/editorial/feature.asp?v=9/27

<p>More than a million Americans sank into poverty last year, an annual Census report is expected to show today. It would be the first time in nearly a decade that the number of poor rose two years in a row.</p>

WASHINGTON (Reuters) - Some 1.7 million people in the United States slid into poverty in 2002 and incomes slipped for the second year in a row with blacks particularly hard hit, the U.S. government said on Friday in a report sure to provide ammunition for Democrats in the upcoming presidential race. The Census Bureau (news - web sites)'s annual report showed the number of people living below the poverty line rose to 34.6 million last year, from 32.9 million in 2001, when the national economy first went into recession. Overall, the percentage of the U.S. population living in poverty grew...

<p>Poverty rose and income levels declined in 2002 for the second straight year as the nation's economy continued struggling after the first recession in a decade, the Census Bureau reported Friday.</p> <p>The poverty rate was 12.1 percent last year, up from 11.7 percent in 2001. Nearly 34.6 million people lived in poverty, about 1.7 million more than the previous year.</p>