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Poverty Reaching Record Levels
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With elections looming, U.S. poverty hitting record levels
Ranks of working-age poor approaching 1960s levels, demographers claim


Rich Pedroncelli / AP
A "no trespassing" sign is seen at the edge of a homeless camp in Sacramento, Calif., in this 2009 photo.
By HOPE YEN, LIZ SIDOTI

updated 9/11/2010 8:10:45 PM ET

WASHINGTON — The number of people in the U.S. who are in poverty is on track for a record increase on President Barack 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.
"The most important anti-poverty effort is growing the economy and making sure there are enough jobs out there," Obama said Friday at a White House news conference. He stressed his commitment to helping the poor achieve middle-class status and said, "If we can grow the economy faster and create more jobs, then everybody is swept up into that virtuous cycle."
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.
Families seeking shelther
Nationwide, the number of families in homeless shelters jumped to 170,000 from 131,000 from 2007 to 2009, according to Department of Housing and Urban Development figures.

Should those estimates hold true, some 45 million people in this country, or more than 1 in 7, were poor last year. It would be the highest single-year increase since the government began calculating poverty figures in 1959. The previous high was in 1980 when the rate jumped 1.3 percentage points to 13 percent during the energy crisis.
Among the 18-64 working-age population, the demographers expect a rise beyond 12.4 percent, up from 11.7 percent. That would make it the highest since at least 1965, when another Democratic president, Lyndon B. Johnson, launched the war on poverty that expanded the federal government's role in social welfare programs from education to health care.

http://www.msnbc.msn.com/id/39123485/ns/us_news/#
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GrahamBonnet
September 12, 2010, 10:30am Report to Moderator

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Hope and Change from President Barack Hoover Obama.


"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
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senders
September 12, 2010, 7:16pm Report to Moderator
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but were they the lucky owners of the McMansions that were promised by Clinton?

I went to purchase a home and was pre-approved for a McMansion......I turned them down..laughing in their faces.......if it seems too good to be true
IT FREAKIN IS........


...you are a product of your environment, your environment is a product of your priorities, your priorities are a product of you......

The replacement of morality and conscience with law produces a deadly paradox.


STOP BEING GOOD DEMOCRATS---STOP BEING GOOD REPUBLICANS--START BEING GOOD AMERICANS

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