Record Number Of Americans Below Poverty Line

Solitude 2 - homelessGrim statistics reported by the New York Times:

Another 2.6 million people slipped into poverty in the United States last year, the Census Bureau reported Tuesday, and the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it.

And in new signs of distress among the middle class, median household incomes fell last year to levels last seen in 1997.

Economists pointed to a telling statistic: It was the first time since the Great Depression that median household income, adjusted for inflation, had not risen over such a long period, said Lawrence Katz, an economics professor at Harvard.

“This is truly a lost decade,” Mr. Katz said. “We think of America as a place where every generation is doing better, but we’re looking at a period when the median family is in worse shape than it was in the late 1990s.”

The bureau’s findings were worse than many economists expected, and brought into sharp relief the toll the past decade — including the painful declines of the financial crisis and recession —had taken on Americans at the middle and lower parts of the income ladder. It is also fresh evidence that the disappointing economic recovery has done nothing for the country’s poorest citizens.

The report said the percentage of Americans living below the poverty line last year, 15.1 percent, was the highest level since 1993. (The poverty line in 2010 for a family of four was $22,314.)…

[continues in the New York Times]

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22 Responses to Record Number Of Americans Below Poverty Line

  1. 百鬼 September 14, 2011 at 1:51 pm #

    Yet of these “poor” people:
    43% own their own home. 80% of poor households have air conditioning, in 1970s only 36% had, and while I was in China it felt like no one had. 92% of poor households have a microwave. 31% have two or more cars or trucks. 67% have cable or satellite TV. >50% have a personal computer >50% of poor families with children have a video game system, such as an Xbox or PlayStation. 43% have Internet service. 34% have a wide-screen plasma or LCD TV. >50% have a cell phone.

    I wish I was poor…

    • Anarchy Pony September 14, 2011 at 2:58 pm #

      Really sick of this line of reasoning.

      • Jin The Ninja September 14, 2011 at 3:17 pm #

        agreed. it’s just outrageously childish and anti-logic/intellectual.not to mention anything of it’s highly dubious moral standard.

    • Jin The Ninja September 14, 2011 at 3:16 pm #

      你在胡说什么

    • VoxMagi September 14, 2011 at 5:12 pm #

      So…I take it your assumption is that…if anyone has become poor after a lifetime of work…they should promptly get rid of any trace leftovers of a life of hard work and consumption so that they look poor enough to qualify for your sympathy?

      We aren’t talking about generational poverty and total destitution…we’re talking about the number of Americans who have moved from one economic bracket…downwards…and into another bracket. Some of them have boats and flatscreens and computers and more…because they busted their asses being good workers and consumers to get them…then watched their jobs evaporate and their incomes crash…

      …and then they have to tolerate asshats like you dissing them for owning the things they worked hard to get. Grow a brain and stop regurgitating neo-con memes designed to get morons to stab their fellow Americans in the back.

    • Guest September 15, 2011 at 7:07 am #

      So what you are saying is that, even though this country is flat on it’s ass in the worst economic disaster in history–

      WE’RE JUST NOT SCREWED ENOUGH TO MAKE YOU HAPPY.

  2. 百鬼 September 14, 2011 at 5:51 pm #

    Yet of these “poor” people:
    43% own their own home. 80% of poor households have air conditioning, in 1970s only 36% had, and while I was in China it felt like no one had. 92% of poor households have a microwave. 31% have two or more cars or trucks. 67% have cable or satellite TV. >50% have a personal computer >50% of poor families with children have a video game system, such as an Xbox or PlayStation. 43% have Internet service. 34% have a wide-screen plasma or LCD TV. >50% have a cell phone.

    I wish I was poor…

  3. Wanooski September 14, 2011 at 6:58 pm #

    Really sick of this line of reasoning.

  4. Anonymous September 14, 2011 at 7:16 pm #

    你在胡说什么

  5. Anonymous September 14, 2011 at 7:16 pm #

    你在胡说什么

  6. Anonymous September 14, 2011 at 7:17 pm #

    agreed. it’s just outrageously childish and anti-logic/intellectual.

  7. Anonymous September 14, 2011 at 7:17 pm #

    agreed. it’s just outrageously childish and anti-logic/intellectual.

  8. Beth Shatara September 14, 2011 at 4:59 pm #

    Ahbahhmah promised change and not dollar bills, so what did you expect?

    • Anarchy Pony September 14, 2011 at 5:16 pm #

      Okay fucktard, you keep on fuckin’ that broken paradigm, I’ll be over here pushin’ for something genuinely better.

  9. Beth Shatara September 14, 2011 at 8:59 pm #

    Ahbahhmah promised change and not dollar bills, so what did you expect?

  10. VoxMagi September 14, 2011 at 9:12 pm #

    So…I take it your assumption is that…if anyone has become poor after a lifetime of work…they should promptly get rid of any trace leftovers of a life of hard work and consumption so that they look poor enough to qualify for your sympathy?

    We aren’t talking about generational poverty and total destitution…we’re talking about the number of Americans who have moved from one economic bracket…downwards…and into another bracket. Some of them have boats and flatscreens and computers and more…because they busted their asses being good workers and consumers to get them…then watched their jobs evaporate and their incomes crash…

    …and then they have to tolerate asshats like you dissing them for owning the things they worked hard to get. Grow a brain and stop regurgitating neo-con memes designed to get morons to stab their fellow Americans in the back.

  11. Wanooski September 14, 2011 at 9:16 pm #

    Okay fucktard, you keep on fuckin’ that broken paradigm, I’ll be over here pushin’ for something genuinely better.

  12. Wanooski September 14, 2011 at 9:16 pm #

    Okay fucktard, you keep on fuckin’ that broken paradigm, I’ll be over here pushin’ for something genuinely better.

  13. Wanooski September 14, 2011 at 9:16 pm #

    Okay fucktard, you keep on fuckin’ that broken paradigm, I’ll be over here pushin’ for something genuinely better.

  14. Guest September 15, 2011 at 11:06 am #

    So what you are saying is that, even though this country is flat on it’s ass in the worst economic disaster in history–

    WE’RE JUST NOT SCREWED ENOUGH TO MAKE YOU HAPPY.

  15. Guest September 15, 2011 at 7:06 am #

    So what you are saying is that, even though this country is flat on it’s ass in the worst economic disaster in history–

    WE’RE JUST NOT SCREWED ENOUGH TO MAKE YOU HAPPY.

  16. Guest September 15, 2011 at 11:07 am #

    So what you are saying is that, even though this country is flat on it’s ass in the worst economic disaster in history–

    WE’RE JUST NOT SCREWED ENOUGH TO MAKE YOU HAPPY.

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