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U.S. poverty rate jumps record amount - 1 in 7 Americans considered poor in 2009: report
The U.S. poverty rate has skyrocketed by a record amount under the Obama administration, with one out of seven Americans considered poor last year, according to a report Saturday.
The disturbing trend is an estimate of 2009 census data set for release on Thursday, The Associated Press reported.
Underscoring the depth of the recession, a projected 45 million people - or about 15% of the population - were poor last year. In 2008, 13.2% of the country lived in poverty
Read more: http://www.nydailynews.com/news/nati...#ixzz0zKVAj0in
The U.S. poverty rate has skyrocketed by a record amount under the Obama administration, with one out of seven Americans considered poor last year, according to a report Saturday.
The disturbing trend is an estimate of 2009 census data set for release on Thursday, The Associated Press reported.
Underscoring the depth of the recession, a projected 45 million people - or about 15% of the population - were poor last year. In 2008, 13.2% of the country lived in poverty
Read more: http://www.nydailynews.com/news/nati...#ixzz0zKVAj0in
