-
Government Report Poverty Rises to 46.2M, or 15.1% of Population - Reality Far Worse
Tuesday, September 13, 2011 - 12:04pm | 1395A few years ago I did a post on the poverty rate in the country [Sep 11, 2009: US Poverty Rate Rises to 11 Year High - But Still Vastly Understated] - it become one of my most widely commented posts over at Seeking Alpha as I declared it's all hocus pocus mostly due to the fact what the government...
-
Census Bureau: Poverty Rate Rises To 14.4%
Thursday, September 16, 2010 - 1:40pm | 107The Census Bureau reported a rise in the poverty rate to 14.3% in 2009, from 13.2% in 2008. This represents the highest poverty rate since 1994. According to last year's data, there were around 43.6 million people in poverty. Real median income for family households dropped 1.8%, and gained 1.6%...