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Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected
CBS DC ^ | November 15, 2012

Posted on 11/15/2012 11:27:26 AM PST by george76

Barack Obama is set to begin his second term, new statistics on America’s 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 ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: 2012census; 2012polls; census; expected; poverty; trends; unexpected
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1 posted on 11/15/2012 11:27:28 AM PST by george76
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To: george76

Post election reality check.


2 posted on 11/15/2012 11:31:18 AM PST by TigerClaws
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To: george76

How is that “recovery” going?


3 posted on 11/15/2012 11:32:01 AM PST by GeronL (http://asspos.blogspot.com)
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To: george76

Obama’s fault....


4 posted on 11/15/2012 11:32:57 AM PST by txrefugee
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To: george76

I wish this news had come out 10 days ago....


5 posted on 11/15/2012 11:34:12 AM PST by DrC
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To: george76

Women, children and minorities hardest hit........


6 posted on 11/15/2012 11:34:46 AM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: txrefugee

“We’re going to blame Bush forever.” - Madeleine Albright


7 posted on 11/15/2012 11:36:22 AM PST by dfwgator
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To: TigerClaws
The numbers may come as a surprise to Congress....

read: Unexpected...........

8 posted on 11/15/2012 11:36:28 AM PST by Red Badger (Lincoln freed the slaves. Obama just got them ALL back......................)
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To: george76

And when there are 80 to 100 million in poverty four years from now, it’ll still be... BUSH’S FAULT!


9 posted on 11/15/2012 11:36:33 AM PST by irishjuggler
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To: george76

Bush, Sandy or Romney?


10 posted on 11/15/2012 11:36:33 AM PST by jwalsh07
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To: george76

According to plan...


11 posted on 11/15/2012 11:36:43 AM PST by DigitalVideoDude (It's amazing what you can accomplish when you don't care who gets the credit. -Ronald Reagan)
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To: george76

Raise taxes on “the rich”. And give away a few million mo Obamaphones. Oh, then grant amnesty to 10 million illegals.


12 posted on 11/15/2012 11:37:23 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: george76
The numbers may come as a surprise to Congress, which estimated in September that the poverty rate would drop to 46.2 million.

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.

13 posted on 11/15/2012 11:37:42 AM PST by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: george76
And they all voted for Obama...

Fock'em

14 posted on 11/15/2012 11:37:56 AM PST by Cowboy Bob (Greed + Envy = Liberalism)
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To: george76

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.


15 posted on 11/15/2012 11:38:25 AM PST by I want the USA back (Sheep have two speeds: graze and panic.)
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To: george76

They’ve got Obama. Who needs money or a job if you’ve got Obama?.


16 posted on 11/15/2012 11:39:26 AM PST by jboot (This isn't your father's America. Stay safe and keep your powder dry.)
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To: DrC

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.


17 posted on 11/15/2012 11:40:52 AM PST by nascarnation (Baraq's bankruptcy: 2016)
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To: george76
new statistics on America’s poverty rate indicate that nearly 50 million Americans, more than 16 percent of the population, are struggling to survive.

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.

18 posted on 11/15/2012 11:41:02 AM PST by Zuben Elgenubi
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To: george76

No one cares, least of all those who stand to pofit the most from poverty-the Democrats.


19 posted on 11/15/2012 11:41:12 AM PST by Spok (Molon Labe)
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To: Oldeconomybuyer

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.


20 posted on 11/15/2012 11:41:41 AM PST by Jane Long ("Miss me yet?" - Mitt)
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To: dfwgator

I just had this vision of Bush in a dungeon surrounded by machines with buttons and levers and one lever says “economy” and he pulls the lever to “down” then gives an evil laugh “mwa ha ha ha ha!”


21 posted on 11/15/2012 11:42:14 AM PST by GrandJediMasterYoda (Someday our schools we will teach the difference between "lose" and "loose")
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To: GeronL

but, America Recycles Day,is more important


22 posted on 11/15/2012 11:43:29 AM PST by molson209
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To: The Cajun

surprises... unexpected....

“We can’t help it!!”

Gee, you put enough burden on the horse and it stops pulling, who’d have thunk it?


23 posted on 11/15/2012 11:44:06 AM PST by GeronL (http://asspos.blogspot.com)
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To: Oldeconomybuyer
"Raise taxes on “the rich”. And give away a few million mo Obamaphones. Oh, then grant amnesty to 10 million illegals"

You forgot to make Puerto Rico a state. That'll help, bigtime!

24 posted on 11/15/2012 11:45:14 AM PST by Ol' Sox
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To: george76

But they still have hope and change right?

That should feed them and keep them safe.


25 posted on 11/15/2012 11:45:23 AM PST by History Repeats (sic transit gloria mundi)
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To: Jane Long

1 in 7 adults in Ohio has an Obamaphone.
amazing......


26 posted on 11/15/2012 11:45:23 AM PST by nascarnation (Baraq's bankruptcy: 2016)
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To: george76
Census: U.S. Poverty Rate Spikes, Nearly 50 Million Americans Affected

CBS isn't pimping this story without an agenda behind it.

I guess we'll just need some "sweeping reforms" and maybe some "expanded presidential powers".

27 posted on 11/15/2012 11:46:22 AM PST by SIDENET ("If that's your best, your best won't do." -Dee Snider)
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To: Jane Long

It’s the new normal. We were recently in a rougher part of LA and all the fast food joints had big signs saying “EBT Cards Welcome”. They’re no longer food stamps, they are “Golden State Advantage” ATM cards.


28 posted on 11/15/2012 11:47:48 AM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer
Oh, then grant amnesty to 10 million illegals.

They're just not doing the jobs Americans won't not do, after all!

29 posted on 11/15/2012 11:48:07 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: nascarnation
1 in 7 adults in Ohio has an Obamaphone. amazing......

This was in TX....eventually 1 in 7, or more, all across the country will have 0Phones...compliments of you and I.

The takers deserve what you makers have, ya know! /s

30 posted on 11/15/2012 11:50:13 AM PST by Jane Long ("Miss me yet?" - Mitt)
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To: Zuben Elgenubi
Population of USA is just under 315 million, so 315MM divided by 50MM = 6.3% not the 16 percent stated above.

Better try that one more time...

31 posted on 11/15/2012 11:50:50 AM PST by okie01 (THE MAINSTREAM MEDIA; Ignorance on parade.)
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To: Zuben Elgenubi
315MM divided by 50MM = 6.3% not the 16 percent stated above.

Sorry, FRiend, you got your fraction upside down. (50,000,000/315,000,000)*100=15.87%

32 posted on 11/15/2012 11:51:50 AM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: george76

But only in America could you have a home, a car, cable television, internet and a smart phone and still be considered to be in poverty.


33 posted on 11/15/2012 11:58:36 AM PST by circlecity
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To: Smokin' Joe
Have a relative who's a welding inspector, travels from Mobile to Houston pulling his camper for 4-8 week temp jobs.
Has always had solid work out of Morgan City, La. his whole life, says he doesn't know how long he can put up with the constant travel and temp crap.
The jobs just aren't there even in Louisiana.
34 posted on 11/15/2012 11:59:21 AM PST by The Cajun (Sarah Palin, Mark Levin......Nuff said.)
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To: Oldeconomybuyer
We have those in TX, too. They're called "Lone Star" (ATM) cards here. Many fast food restaurants are accepting these cards here, too.

Reminds me of the joke about the guy who orders the Happy Meal, gets up the window, gets his food and starts to drive off...not before saying, "Oh, it's an 0bamaMeal...the guy behind me is paying!"

35 posted on 11/15/2012 12:02:09 PM PST by Jane Long ("Miss me yet?" - Mitt)
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To: okie01; Smokin' Joe

Ooooooops, out there for all to see. I got esseited, Lucy.


36 posted on 11/15/2012 12:03:17 PM PST by Zuben Elgenubi
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To: Smokin' Joe

That’s pretty much what the poverty rate was in 1965 when “The War On Poverty” began.

Now, 15 TRILLION dollars later, virtually no change.

How dreadful and what a farce of public policy.


37 posted on 11/15/2012 12:05:51 PM PST by RexBeach (Mr. Obama Loves To Spend My $$$$$$$$$$$$)
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To: circlecity

Right. I guess sooner or later, anyone with an income plus benefits of less then 250K a year will be in poverty according to these pimps.

I’d like to take a bunch of these “living in poverty” bunch and drop them off in rural Mexico or sub sahara Africa and show them what exactly poverty is.


38 posted on 11/15/2012 12:11:06 PM PST by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: nascarnation

“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.”

It’s way worse than that. Aggregate debt and unfunded liabilities for federal state and local government now amount to $279 TRILLION. GDP is less than $16 T. U.S. net worth is $72 T. Imagine being a homeowner who tried to borrow an amount equal to 17 times the family’s annual income, or who tried to get a mortgage equal to nearly 4 times the market value of a house. No sane bank would make that loan.

The only way government gets away with this irresponsible behavior is because it can print money ad infinitum. It need never go broke, as it can simply inflate away its debt by paying it back in dollars worth far less than were loaned to it decades ago. But that presupposes lenders stupid enough not to quickly figure this out. When foreigners wake up and stop lending, the party will be over.


39 posted on 11/15/2012 12:11:35 PM PST by DrC
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To: GrandJediMasterYoda

The new definition of poverty in the US now is not living as well as Donald Trump.


40 posted on 11/15/2012 12:12:15 PM PST by Mouton (Voting is an opiate of the electorate. Nothing changes no matter who wins..)
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To: george76

>> nearly 50 million Americans, more than 16 percent of the population, are struggling to survive.

I am appalled. Clearly, we must immediately tax the working people out the wazoo so the government can give all these poor people more free sh!t.


41 posted on 11/15/2012 12:17:52 PM PST by Nervous Tick ("You can ignore reality, but you can't ignore the consequences of ignoring reality.")
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To: Smokin' Joe

That’s pretty much what the poverty rate was in 1965 when “The War On Poverty” began.

Now, 15 TRILLION dollars later, virtually no change.

How dreadful and what a farce of public policy.


42 posted on 11/15/2012 12:32:38 PM PST by RexBeach (Mr. Obama Loves To Spend My $$$$$$$$$$$$)
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To: Jane Long

Unfounately it’s not a joke anymore ... social justice at Mickey D’s.


43 posted on 11/15/2012 12:47:55 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: The Cajun

I bet if the Keystone XL had gone through he would be working steady. What that jerk in the WH has done to this country is criminal!


44 posted on 11/15/2012 12:58:12 PM PST by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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To: george76

We havn’t actually hit the hard times. The last four years have been the run up to the real hard times. Wait until the US Dollar is worthless. Print all you want it won’t matter.
Then we will know hard times.


45 posted on 11/15/2012 1:13:06 PM PST by Leep (Are you smarter than a 7th grade math student and or Barack 0bama?)
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The media must be relieved. Now that their best selling product, Barry Hussien Soetoro has been elected, they can go back to reporting the actual bad news.


46 posted on 11/15/2012 1:39:54 PM PST by r0tten
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To: Leep
We havn’t actually hit the hard times.

Correct. We've just been eating the seed corn. Soon, that will be gone and then we are in some deep sh!t.

47 posted on 11/15/2012 1:40:30 PM PST by AmusedBystander (The philosophy of the school room in one generation will be the philosophy of government in the next)
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To: DrC

That wouldn’t have stopped voter fraud.


48 posted on 11/15/2012 1:55:22 PM PST by ilovesarah2012
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To: DrC

Oh, that is already happening. Every auction, less and less foreign buyers show up.


49 posted on 11/15/2012 4:00:16 PM PST by sf4dubya (I rebelled against my parents by becoming a conservative.)
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To: DrC
When foreigners wake up and stop lending, the party will be over.

Forgeign lenders are in the minority. The bulk of US debt is held by private Americans. China holds less than 8%, by comparison.

As usual, the responsible ones, the ones who save and invest, will be screwed by the rest. And it won't stop until the whole thing collapses.

50 posted on 11/15/2012 4:05:35 PM PST by TChris ("Hello", the politician lied.)
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