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another saigon Donating Member (450 posts) Send PM | Profile | Ignore Sat Sep-11-10 02:21 PM
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US poverty on track to post record gain in 2009

http://news.yahoo.com/s/ap/us_poverty_in_america/print


WASHINGTON – The number of people in the U.S. who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.

-snip-

Interviews with six demographers who closely track poverty trends found wide consensus that 2009 figures are likely to show a significant rate increase to the range of 14.7 percent to 15 percent.

Should those estimates hold true, some 45 million people in this country, or more than 1 in 7, were poor last year. It would be the highest single-year increase since the government began calculating poverty figures in 1959. The previous high was in 1980 when the rate jumped 1.3 percentage points to 13 percent during the energy crisis.

-snip-

Experts say a jump in the poverty rate could mean that the liberal viewpoint — social constraints prevent the poor from working — will gain steam over the conservative position that the poor have opportunities to work but choose not to because they get too much help.

"The Great Recession will surely push the poverty rate for working-age people to a nearly 50-year peak," said Elise Gould, an economist with the Economic Policy Institute. She said that means "it's time for a renewed attack on poverty."
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-11-10 02:57 PM
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1. unless trade,tax reform and card check are in place
this country will never recover from this "great depression...opps..recession"
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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-11-10 03:51 PM
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2. kick
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billlll Donating Member (434 posts) Send PM | Profile | Ignore Sat Sep-11-10 04:09 PM
Response to Reply #2
3. 50% jump in '80's?
Seems I read that somewhere.

Anyone know?

WPA wd end most poverty

www.njfac.org
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DemocratSinceBirth Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Sep-11-10 04:13 PM
Response to Original message
4. Another Poster Said We Had The Fastest Job Growth In History
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another saigon Donating Member (450 posts) Send PM | Profile | Ignore Sat Sep-11-10 05:16 PM
Response to Reply #4
5. oh good lord!
crazy man. :crazy:
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