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Poverty increasing in U.S. - anyone surprised?

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philb Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-28-06 11:31 PM
Original message
Poverty increasing in U.S. - anyone surprised?
Poverty increasing in U.S.
Timothy F. Newkirk
In this period of 'great economic growth', according to the delusional
Bush administration, these recently released facts by the Census Bureau are quite telling of the real America:

-In 2003, 2004, and 2005, the percentage of the poor living in deep poverty
stood at 42-43 percent, higher than in any prior years on record.

-The percentage of the poor who are below half the poverty line has risen
steadily over the last two and half decades: from 34 percent in 1980 to 39
percent in 1990 to 43 percent this year.

-The actual percent of the population who lived in deep poverty in 2005 rose
to 5.4 percent!

-The poverty rate is higher in the fourth year of an economic recovery
(2005) than it was in the previous recession (2001).

-The median income for non-elderly households was $2,000 lower in 2005 than
in the 2001 recession year.

These developments in a so-called 'economic recovery' are unprecedented
in economic recoveries (with data going back to the 1960s). They are bad news for the poor, indeed.

It is the shame of the republic!
http://www.planetrevolution.blogspot.com
A native of Los Angeles, I received an AA in History from Foothill Community
College in Los Altos Hills, CA in 1987. From there, I transferred to the
University of California at Berkeley, where I received a BA in History in 1989.
Among other jobs, I have been employed as a reporter and a substitute high
school teacher. Now living in Florida, I while away the time as a website
designer and beachcomber. I am a webmaster for a few small businesses, blogs and forums and a contributor to assorted online news media.
_Contact Author_
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area51 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-29-06 01:22 AM
Response to Original message
1. poverty increasing
I'm not surprised; republinazis cause recessions & depressions.


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barb162 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-29-06 01:26 AM
Response to Original message
2. I am not surprised. And the poverty numbers will increase
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-29-06 01:38 AM
Response to Original message
3. But the economy is getting 'better' because the rich are richer.
Gotta love that 'trickle on' theory of eronomics. :puke:
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