Counting the Poor - Numbers don’t lie
Do ya think the Bush administration will be talking about this? You’ve heard for 6 years, “the economy is growing”, that is, if you’re making 200K plus. Â
According to the Census Bureau, nearly 37 million Americans — 12.6 percent of the population — were living in poverty in 2005. That means that four years into an economic expansion, the percentage of Americans defined as poor was higher than at the bottom of the last recession in late 2001, when it was 11.7 percent. But that’s not the worst of it. Recently, the bureau released 12 alternative measures of poverty, and all but one are higher than the official rate.
Posted on April 17th, 2007 by George Sand
Posted in National Politics. | EMail This Post

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