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Census: Number of poor may be millions higher; 1 in 5 in the West

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somone Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 03:54 PM
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Census: Number of poor may be millions higher; 1 in 5 in the West
http://www.usatoday.com/news/nation/census/2011-01-05-census-poverty_N.htm

Census: Number of poor may be millions higher

WASHINGTON (AP) — The number of poor people in the U.S. is millions higher than previously known, with 1 in 6 Americans— many of them 65 and older — struggling in poverty due to rising medical care and other costs, according to preliminary census figures released Wednesday.

At the same time, government aid programs such as tax credits and food stamps kept many people out of poverty, helping to ensure the poverty rate did not balloon even higher during the recession in 2009, President Barack Obama's first year in office.

Under a new revised census formula, overall poverty in 2009 stood at 15.7%, or 47.8 million people. That's compared to the official 2009 rate of 14.3%, or 43.6 million, that was reported by the Census Bureau last September.

Across all demographic groups, Americans 65 and older sustained the largest increases in poverty under the revised formula — nearly doubling to 16.1%. As a whole, working-age adults 18-64 also saw increases in poverty, as well as whites and Hispanics. Children, blacks and unmarried couples were less likely to be considered poor under the new measure. Due to new adjustments for geographical variations in costs of living, people residing in the suburbs, the Northeast and West were the regions mostly likely to have poor people — nearly 1 in 5 in the West...
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blindpig Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 04:50 PM
Response to Original message
1. The stock market is booming, happy days are here again...

Poverty is a growth industry when Capital is ascendant.

Poverty is an unavoidable result of Capitalism.
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leftstreet Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 04:56 PM
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2. How's that Capitalism workin out?


K&R
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Contrary1 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-06-11 01:27 AM
Response to Original message
3. Kick.
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Quantess Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-06-11 02:11 AM
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4. Yes, I do believe poverty is vastly underreported.
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katnapped Donating Member (938 posts) Send PM | Profile | Ignore Fri Jan-07-11 08:29 AM
Response to Reply #4
6. Be glad it's reported at all!
No doubt TPTB would love to just sweep it under the carpet completely.
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woo me with science Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-07-11 08:26 AM
Response to Original message
5. Kick. nt
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