Poverty Rate Increasing Under Obama

Excerpt* from The Census Bureau’s annual report released today, Tuesday, September 13, 2011:

The overall poverty rate climbed to 15.1 percent, or 46.2 million, up from 14.3 percent in 2009.

Bruce Meyer, a public policy professor at the University of Chicago, cautioned that the worst may yet to come in poverty levels, citing in part continued rising demand for food stamps this year as well as “staggeringly high” numbers in those unemployed for more than 26 weeks. He noted that more than 6 million people now represent the so-called long-term unemployed, who are more likely to fall into poverty, accounting for than two out of five currently out of work.

Other Census findings:
—Poverty rose among all race and ethnic groups except Asians.
-The number of Hispanics in poverty increased from 25.3 percent to 26.6 percent; for blacks it increased from 25.8 percent to 27.4 percent, and Asians it was flat at 12.1 percent.
-The number of whites in poverty rose from 9.4 percent to 9.9 percent.
-Child poverty rose from 20.7 percent to 22 percent.
-Poverty among people 65 and older was statistically unchanged at 9 percent, after hitting a record low of 8.9 percent in 2009. ..

Is this also George Bush’s fault? This president is a failure. He can’t even help the people he says he wants to the most. Maybe, just maybe, he doesn’t really care about anyone except himself. What an embarrassment and a disappointment he is to all of us.

*Read the AP article here.


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