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Saturday, September 11, 2010

U.S. Poverty on Track to Post Record Gain Under Obama's Watch


The number of people in the U.S. who are in poverty is on track for a record increase on President Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.
Census figures for 2009 — the recession-ravaged first year of the Democrat's presidency — are to be released in the coming week, and demographers expect grim findings.
It's unfortunate timing for Obama and his party just seven weeks before important elections when control of Congress is at stake. The anticipated poverty rate increase — from 13.2 percent to about 15 percent — would be another blow to Democrats struggling to persuade voters to keep them in power.
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.

1 comment:

  1. Two more years of this joke of a president.

    ReplyDelete

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