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      07-23-2012, 07:53 AM   #1
cssnms
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Lightbulb US poverty on track to rise to highest since 1960s

Economists told the Associated Press they expect the official U.S. poverty rate to rise to its highest level since 1965 when 2011 figures are released.

Economists, academics and think tank staffers expect the official U.S. poverty rate to rise to its highest level since 1965 when the Census Bureau releases its figures for 2011, the Associated Press reported. The figures come out in November.

The liberal, nonpartisan and conservative experts the AP surveyed forecast the poverty rate would rise from 15.1 percent in 2010 to as high as 15.7 percent. If the rate only increases by one-tenth of a percentage point to 15.2 percent, it will tie 1983’s poverty rate, which was the highest poverty rate since 1965, according to the AP.


http://www.cnbc.com/id/48281252

Still not quite "shovel ready" eah Mr. President?

Last edited by cssnms; 07-23-2012 at 09:55 AM.
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      07-23-2012, 09:00 AM   #2
128vertinnoho
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Your post refers to poverty levels in 2010 and your link is broken. Good job there, Clyde!
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      07-23-2012, 09:54 AM   #3
cssnms
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Quote:
Originally Posted by 128vertinnoho View Post
Your post refers to poverty levels in 2010 and your link is broken. Good job there, Clyde!
I fixed it for you leftcoast. And put down the bong, of course the article refers to 2010 since that is the year that the % increase is being compared against.
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      07-23-2012, 10:58 AM   #4
cssnms
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What better way to make a country's citizens more dependent on government then to drive everyone into poverty.
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      07-23-2012, 12:00 PM   #5
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Quote:
Originally Posted by cssnms View Post
What better way to make a country's citizens more dependent on government then to drive everyone into poverty.
It's than. You're right, though - we're all a bunch of impoverished BMW drivers! Bwwwaaaaahhhhhhahahahahahahahahaha!!!
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      07-23-2012, 12:29 PM   #6
cssnms
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What a little schoolgirl you are. I suspect you were dropped repeatedly on your head as a baby.
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