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Data show one in eight Americans in poverty

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-29-06 05:31 PM
Original message
Data show one in eight Americans in poverty
Edited on Tue Aug-29-06 05:32 PM by NNN0LHI
http://today.reuters.com/news/articlenews.aspx?type=newsOne&storyID=2006-08-29T204714Z_01_N29428337_RTRUKOC_0_US-LIFE-USA-POVERTY.xml&WTmodLoc=Home-C2-TopNews-newsOne-7

WASHINGTON (Reuters) - In the world's biggest economy, one in eight Americans and almost one in four blacks lived in poverty last year, the U.S. Census Bureau said on Tuesday, both ratios virtually unchanged from 2004.

The survey also showed 15.9 percent of the population, or 46.6 million, had no health insurance, up from 15.6 percent in 2004 and an increase for a fifth consecutive year, even as the economy grew at a 3.2 percent clip.

It was the first year since President George W. Bush took office in 2001 that the poverty rate did not increase. As in past years, the figures showed poverty especially concentrated among blacks and Hispanics.


In all, some 37 million Americans, or 12.6 percent, lived below the poverty line, defined as having an annual income around $10,000 for an individual or $20,000 for a family of four. The total showed a decrease of 90,000 from the 2004 figure, which Census Bureau officials said was "statistically insignificant."

The last time poverty declined was in 2000, the final year of Bill Clinton's presidency, when it fell to 11.3 percent.

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WI_DEM Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-29-06 05:32 PM
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1. That is a disgrace!
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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-29-06 05:34 PM
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2. that's a disgrace
:banghead:
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IChing Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-29-06 05:35 PM
Response to Original message
3. Part of a report about what it means to children at this post
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-29-06 06:44 PM
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4. Hey, the economy is great! Dimson tells us all the time. n/t
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