The ranks of U.S. poor swelled to nearly 1 in 6 people last year, reaching a new high as long-term unemployment woes left millions of Americans struggling and out of work. The number of uninsured edged up to 49.9 million, the biggest in over two decades.
This is what liberalism ultimately brings, the leveling of income is not raising people out of poverty, it is impoverishing more and more Americans.
The overall poverty rate climbed to 15.1 percent, or 46.2 million, up from 14.3 percent in 2009.
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.
Of course, in 1980 Americans elected a Conservative President that rejected not only liberalism, but also Keynesian economics and the fatalism of Jimmy Carter.
Other census findings:
—Poverty rose among all race and ethnic groups except Asians. The number of Hispanics in poverty increased from 25.3 percent to 26.6 percent; for blacks it increased from 25.8 percent to 27.4 percent, and Asians it was flat at 12.1 percent. The number of whites in poverty rose from 9.4 percent to 9.9 percent.
—Child poverty rose from 20.7 percent to 22 percent.
—Poverty among people 65 and older was statistically unchanged at 9 percent, after hitting a record low of 8.9 percent in 2009.
A rising tide lifts all boats while Marxist income redistribution schemes just pull more people into misery. I'll take supply side economics any day of the week over Barry Lenin-Stalin Obummer's liberal distopia.
written by Nobody , September 13, 2011
Be very careful, poverty as measured in the US is a moving goal post.
written by TomC , September 13, 2011
In the US,poverty seems to be a measure of cell phone count, whether the wheels on your car(s) spin or not, the BTUs of you air conditioning unit, and the size of you largest tv screen. Overweight children are asked whether they have ever gone to bed hungry and added to the hunger list when they say yes. It's a crazy world of dependency.
written by jokin , September 14, 2011
TomC, so right you are. In my lifetime and experience in working near, and with, inner-city folk (all races), we've transcended the running joke of the overweight welfare-queen, who, come first of the month when her food stamps arrived in the mail, parked her new Caddy in the parking lot with 4 toddlers in tow, on her way in to the Red Owl to purchase filet mignons, Cocoa Puffs, smokes and Ho-Hos.
The only INCREASES in poverty that I've observed over the last 40 years are:
1)Poverty in Spirit,
2)Poverty in Character and
3)Poverty Pimps popping up on every corner.
All courtesy of our government and its inability to heed the Law of Unintended Consequences, even when prophetically foretold by championed liberal's liberal, Daniel Patrick Moynihan in the late 60s.