|
You're funny.
|
|
|
|
||
|
Census: Americans in Poverty Jumps 6.6M to Record
The positive news is that for the first time in five years, the percentage of the population in poverty did not increase and the median income did not go down. But even as America shows some signs of recovering from the recession, the poverty rate is remaining persistently high, with 46.5 million people living at or below the poverty line, 16.1 million of whom were children. |
|
|
You're even funnier. |
|
|
The percentage in poverty remains too high (it is not getting better). And Median income for all races combined did fall (according to the Huffington Post):
Median Income Falls For 5th Year, Inequality At Record High No wonder so few Americans seem to think their economy is in recovery: They keep getting poorer. Unless they are rich, in which case they keep getting richer. Median household income fell for the fifth straight year in 2012, the Census Bureau reported on Tuesday, to $51,017. That was the lowest annual income, adjusted for inflation, since 1995. The typical American family's income has fallen every year since 2007, the year the Great Recession began, for a cumulative decline of 8.3 percent. Median income is also down 9 percent from its record high of $56,080, set two recessions ago in 1999. (Story continues below depressing chart.)
Read the entire article: http://www.huffingtonpost.com/2013/09/17/median-income-falls-inequality_n_3941514.html
|
Promote Your Business or Product for $10/mo
For just $10/mo you can promote your business or product directly to nearby residents. Buy 12 months and save 50%!
The Huffington Post | By Mark Gongloff
Posted: 09/17/2013 12:55 pm EDT