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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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