Record 46.2 million Americans live in poverty, Census Bureau says
High joblessness and the weak economic recovery pushed the ranks of the poor in the U.S. to 46.2 million in 2010 -- the fourth straight increase and the largest number of people living in poverty since record-keeping began 52 years ago, the Census Bureau reported Tuesday.The share of all people in the U.S. who fell below the poverty line rose to 15.1% last year from 14.3% in 2009. That matched the poverty rate reached in 1993 before falling steadily to 11.3% in 2000. Since then the poverty rate has risen, accelerating after the recession began in late 2007, and is now approaching levels not seen since Lyndon B. Johnson launched the War on Poverty in 1965.
Last year the share of children under 18 living in poverty jumped to 22%, from 20.7% the previous year.
Poverty rate hits 18-year high as median income falls
The report comes as President Barack Obama has embarked on a campaign to boost U.S. jobs growth to shake the economy out of an unemployment rate that has stagnated at around 9 percent for months. On Monday he sent a $447 billion jobs creation bill to Congress, asking lawmakers to pass the bill as soon as possible.Publisher's Note:
The following are reprints of two articles I'd wrote regarding how families can beat the economic crisis.
Sunday, January 10, 2010
BEATING THE ECONOMIC WOES IN YEAR 2010Beating Economic Woes Through Family Unityby Miriam G. Aw
Friday, March 5, 2010
Family Selfishness vs Family Selflessness vs Self RighteousnessIt's Not Looking Good: And It's Not Good Looking!by Miriam G. Aw
Granted, every one of us have the right to choose what to believe, whom to believe, and state our case as to why we believe in an unseen Spirit or God, or in a person that cites self-proclaim wisdom based on his, or her's views of life.
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