Poverty Rises to 1 in 6 Under Obama Administration
Stop Obama Policies to Reduce U.S. Poverty |
The Census Bureau's annual report released Tuesday offers a snapshot of the economic well-being of U.S. households for 2010, when joblessness hovered above 9 percent for a second year. It comes at a politically sensitive time for President Barack Obama, who has acknowledged in the midst of a re-election fight that the unemployment rate could persist at high levels through next year.
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 amid government cutbacks contributed to inflation, spiraling interest rates and unemployment. . . .
Broken down by state, Mississippi had the highest share of poor people, at 22.7 percent, according to calculations by the Census Bureau. It was followed by Louisiana, the District of Columbia, Georgia, New Mexico and Arizona. On the other end of the scale, New Hampshire had the lowest share, at 6.6 percent. . . . [Full Story]
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3 Comments:
I don't really like this,but I like exposing it!!!!
And unemployment is still nearly twice that of Mexico.
With an economy like we have right now, I am surprised the poverty rate is not higher than that. Obama and the Democrat/Socialist want unemployment, that is why the keep wanting to extend Unemployment Compensation to be like welfare, get it for ever. The more people dependent on the Government the better is the standard Socialist idea.
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