Skip to comments.Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected
Posted on 11/15/2012 11:27:26 AM PST by george76
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.
(Excerpt) Read more at washington.cbslocal.com ...
Post election reality check.
How is that “recovery” going?
I wish this news had come out 10 days ago....
Women, children and minorities hardest hit........
“We’re going to blame Bush forever.” - Madeleine Albright
And when there are 80 to 100 million in poverty four years from now, it’ll still be... BUSH’S FAULT!
Bush, Sandy or Romney?
According to plan...
Raise taxes on “the rich”. And give away a few million mo Obamaphones. Oh, then grant amnesty to 10 million illegals.
There go those danged surprises again.
Doesn't matter that we have been seeing, with our own eyes, people we know who are out of work and struggling to find a job.
Just those danged surprises and our lying eyes at work again.
We didn’t hear that before the election. I wonder why.
If the communists continue as they are doing, it will be 340 million in poverty. The rest will be the government elite which as always is insulated from poverty.
They’ve got Obama. Who needs money or a job if you’ve got Obama?.
And the folks in “poverty” are receiving >$40K per year in benefits as the fedgov continues to spend $1.40 for every $1 in revenue.
The govt is like the family in 2007 riding a wave of false prosperity based on maxxed out credit cards and helocs on a house with negative equity.
But, but, but Mr President. The math does not work!
Population of USA is just under 315 million, so 315MM divided by 50MM = 6.3% not the 16 percent stated above.
No one cares, least of all those who stand to pofit the most from poverty-the Democrats.
I was in a waiting room today that had a non-network channel on...weird shows like Wendy Williams and some guy Steve Harvey’s Show. There was a commercial for SafeNet (??) cell phones...payable/qualify with Food Stamps. Not kidding.
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