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A record number of children in the United States are descending into poverty

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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-06-11 11:30 PM
Original message
A record number of children in the United States are descending into poverty
Someone should tell the growing number of impoverished children about the so-called economic recovery...


March 6, 2011
Homeless children: the hard times generation
Scott Pelley reports on the growing number of children who are falling victim to the financial crisis


(CBS News)

Unemployment improved a bit last month but it is still nearly nine percent and the trouble is job creation is so slow, it will be years before we get back the seven and a half million jobs lost in the Great Recession. American families have been falling out of the middle class in record numbers. The combination of lost jobs and millions of foreclosures means a lot of folks are homeless and hungry for the first time in their lives.

One of the consequences of the recession that you don't hear a lot about is the record number of children descending into poverty.

The government considers a family of four to be impoverished if they take in less than $22,000 a year. Based on that standard, and government projections of unemployment, it is estimated the poverty rate for kids in this country will soon hit 25 percent. Those children would be the largest American generation to be raised in hard times since the Great Depression.

In Seminole County, near Orlando, Fla., so many kids have lost their homes that school busses now stop at dozens of cheap motels where families crowd into rooms, living week to week.

Read more with video...http://www.cbsnews.com/stories/2011/03/06/60minutes/main20038927.shtml


Interesting graphs....







Our economy needs extreme structural reform and we need bold policy changes from Washington. We aren't going to achieve this by pretending there is an economic recovery when the only people recovering are the wealthy.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Mar-06-11 11:46 PM
Response to Original message
1. From the OP article
<...>

(CBS News) Nationwide, 14 million children were in poverty before the Great Recession. Now, the U.S. Census tells us its 16 million - up two million in two years. That is the fastest fall for the middle class since the government started counting 51 years ago.

<...>

Poverty jumped during the Bush years.

EPI report from September, A lost decade: Poverty and income trends paint a bleak picture for working families



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Cali_Democrat Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-07-11 11:03 AM
Response to Reply #1
5. Unfortunately we've been repeating many of the same policy mistakes from the Bush years.
It's crazy.
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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-07-11 11:20 AM
Response to Reply #5
6. Don't agree
Edited on Mon Mar-07-11 11:22 AM by ProSense
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kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-07-11 12:08 AM
Response to Original message
2. They only up side to this: they are unlikely to grow up to become Republicans.
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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-07-11 12:36 AM
Response to Original message
3. K & R. The stark visuals drive reality home. n/t
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BlueIris Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-07-11 11:48 AM
Response to Reply #3
7. The food stamp graph is horrifying. nt
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Scottybeamer70 Donating Member (844 posts) Send PM | Profile | Ignore Mon Mar-07-11 12:49 AM
Response to Original message
4. Maybe
we could send all the impoverished children to Israel and maybe they could benefit from
the 3 BILLION we send to Israel every year......for the past 30 YEARS!! Doesn't seem to
matter that people suffer in this country while we send BILLIIONS to other countries!!
Does it get any more disgusting???
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