Americans Thrust Into Poverty

“A new comprehensive economic survey shows that the recession has plunged 2.6 million more Americans into poverty, wiped out the household income gains of an entire decade and pushed the number of people without health insurance up to 46.3 million…

The nation’s poverty rate rose to 13.2 percent in 2008, up from 12.5 percent in 2007, the Census Bureau data showed. That was the first significant increase since 2004 and the highest level in 11 years.

In all, 39.8 million Americans were living in poverty in 2008, defined as an income of $22,025 for a family of four. The last time there were that many poor people was 1960, although the nation’s population was smaller then.

Almost one in five children younger than 18 are living in poverty, with the total number rising from 13.3 million in 2007 to 14.1 million in 2008.”
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1 Comment

Filed under business, congress, Health, humor, justice, media, News, obama, politics, social epistemology

One response to “Americans Thrust Into Poverty

  1. moraloutrage

    Brookings’ findings is that from 2000 – 2008, poverty grew at twice the rate of U.S. population growth, and now encompasses 39.1 million Americans.(And this figure is not impacted by 2009 developments.)

    http://moraloutrage.wordpress.com/2010/01/29/thirty-percent-of-americans-rapidly-approach-poverty/

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