11.21.2011

One in Three Americans Face Poverty, Latest Census Study Shows

They drive cars, but seldom new ones. They earn paychecks, but not big ones. Many own homes. Most pay taxes. Half are married, and nearly half live in the suburbs. None are poor, but many describe themselves as barely scraping by.

Down but not quite out, these Americans form a diverse group sometimes called “near poor” and sometimes simply overlooked — and a new count suggests they are far more numerous than previously understood.

When the Census Bureau this month released a new measure of poverty, meant to better count disposable income, it began altering the portrait of national need. Perhaps the most startling differences between the old measure and the new involves data the government has not yet published, showing 51 million people with incomes less than 50 percent above the poverty line. That number of Americans is 76 percent higher than the official account, published in September. All told, that places 100 million people — one in three Americans — either in poverty or in the fretful zone just above it.

After a lost decade of flat wages and the worst downturn since the Great Depression, the findings can be thought of as putting numbers to the bleak national mood — quantifying the expressions of unease erupting in protests and political swings. They convey levels of economic stress sharply felt but until now hard to measure.

Read the full article at this link:

http://www.nytimes.com/2011/11/19/us/census-measures-those-not-quite-in-poverty-but-struggling.html?pagewanted=1&_r=1

No comments:

Post a Comment

Latest Headlines

Which Mythical Creature Are You?                         Sexy Out of This World Aliens                         Is That a Ghost or Just a Dirty Lens                         Can You Survive the Zombie Apocalypse?                          Do You Know Vampires?                          Preparing for the Zombie Apocalypse                          Ten Amazing Urban Legends That Are Actually True                          Unbelievable UFO Sightings                          Is Your Dealer a Cop?

Search This Blog