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Discussion Starter · #1 ·
Census Bureau says 43.6 million people in 2009, up near 4 million in a year.



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http://www.msnbc.msn.com/id/39211644/ns/us_news-life/



WASHINGTON — The number of people living in poverty in America rose by nearly 4 million to 43.6 million in 2009 — the largest figure in the 51 years for which poverty estimates are available — the Census Bureau said Thursday.



The bureau said in a statement that the official poverty rate was 14.3 percent, or 1 in 7 of Americans, the highest proportion of the population since 1994.

It was the third consecutive annual increase, up from 39.8 million, or 13.2 percent, in 2008.

The bureau added that there were 8.8 million families living in poverty in 2009.

The poverty rate for under-18s rose from 19.0 percent in 2008 to 20.7 percent in 2009, but fewer people 65 and older were in poverty, with the percentage rate falling from 9.7 percent in 2008 to 8.9 percent in 2009.





The statistics cover President Barack Obama's first year in office, when unemployment climbed to 10 percent in the months after the financial meltdown.

The share of Americans without health coverage rose from 15.4 percent to 16.7 percent — or 50.7 million people — mostly because of the loss of employer-provided health insurance during the recession.

Congress passed a health overhaul this year to address rising numbers of the uninsured, but the main provisions will not take effect until 2014.

The median — or midpoint — household income was $49,777 in 2009, although the bureau said this was not "statistically different" from the 2008 median.




The report, called Income, Poverty, and Health Insurance Coverage in the United States: 2009, also found that:



• Among the working-age population, ages 18 to 65, poverty rose from 11.7 percent to 12.9 percent.
That puts it at the highest since the 1960s, when the government launched a war on poverty that expanded the federal role in social welfare programs from education to health care.

• Poverty rose among all race and ethnic groups, but stood at higher levels for blacks and Hispanics.
The number of Hispanics in poverty increased from 23.2 percent to 25.3 percent; for blacks it increased from 24.7 percent to 25.8 percent.
The number of whites in poverty rose from 8.6 percent to 9.4 percent.

• Child poverty rose from 19 percent to 20.7 percent.

• The earnings of women who worked full time, year-round were 77 percent of that for corresponding men.

• The real median earnings of men who worked full time, year-round rose by 2.0 percent between 2008 and 2009, from $46,191 to $47,127.
For women, the corresponding increase was 1.9 percent, from $35,609 to $36,278.




Politically sensitive time

The new figures come at a politically sensitive time, just weeks before the Nov. 2 congressional elections, when voters restive about high unemployment and the slow pace of economic improvement will decide whether to keep Democrats in power or turn to Republicans.

The 14.3 percent poverty rate, which covers all ages, was a 16-year high but was lower than estimates of many demographers who were bracing for a record gain based on last year's skyrocketing unemployment. Many had predicted a range of 14.7 percent to 15 percent.


Analysts credited in part increases in Social Security payments in 2009 as well as federal expansions of unemployment insurance, which rose substantially in 2009 under the economic stimulus program.

With the additional unemployment benefits, workers were eligible for extensions that gave them up to 99 weeks of payments after a layoff.

Another likely factor was a record number of working mothers, who helped households by bringing home paychecks after the recession took the jobs of a disproportionately high number of men.

"Given all the unemployment we saw, it's the government safety net that's keeping people above the poverty line," said Douglas Besharov, a University of Maryland public policy professor and former scholar at the conservative American Enterprise Institute.

In 2009, the poverty level stood at $21,954 for a family of four, based on an official government calculation that includes only cash income before tax deductions. It excludes capital gains or accumulated wealth, such as home ownership.





As a result, the official poverty rate takes into account the effects of some stimulus programs in 2009, such as unemployment benefits as well as jobs that were created or saved by government spending.

But it does not factor in noncash government aid such as tax credits and food stamps, which have surged to record levels in recent months. Experts say such noncash aid tends to have a larger effect on lowering child poverty.

Beginning next year, the government plans to publish new, supplemental poverty figures that are expected to show even higher numbers of people in poverty than previously known.

The figures will incorporate rising costs of medical care, transportation and child care, a change analysts believe will add to the ranks of both seniors and working-age people in poverty.





Income, Poverty, and Health Insurance Coverage in the United States: 2009


http://www.census.gov/prod/2010pubs/p60-238.pdf




 

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Let's see, bad economy and the number of people living on $20k/yr increases. Better call Sherlock Holmes to figure this one out. Apparently the mainstream media can't. :crazy: Which is better, working your ass off for $35k/yr or sitting on it all year long and getting $20k + thousands more in benefits that aren't counted. A lot of people are deciding the latter.
 

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Yeah I can beleive it under this new economic system

Create more Government Jobs

Outsource American Jobs to China/Mexico/India Etc:

Extend Everybody & Anybody Credit to make them think that they are making "Real Income"

Create A national health care program and Bill it to the taxpayer and small business owner

Raise Hidden Taxes as well as Taxes across the board to pay for it all

Create more inflation to generate more tax revenue

Create a Green Movement in order to generate more hidden taxes and create more Government Jobs

and more..........
 

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Dang, I wonder what changed since 06? :huh:

On January 20th ... 2009, The Federal Deficit was $1.3 Trillion … I’m thinking it was before that sign was created … care to comment? ;)

Unless that record number all happened after January 20th 2009 :laughing:
 

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Discussion Starter · #6 ·
On January 20th ... 2009, The Federal Deficit was $1.3 Trillion … I’m thinking it was before that sign was created … care to comment? ;)

Unless that record number all happened after January 20th 2009 :laughing:
:laughing:

Apparently it started out as *Republican City* and actually was started after Sacramento, Ca.'s *Tent City* (started during Reagan) and has simply moved into this administration ...


 

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Which is better, working your ass off for $35k/yr or sitting on it all year long and getting $20k + thousands more in benefits that aren't counted. A lot of people are deciding the latter.
The people that want to strive will strive but most of this upcoming generation are lazy and do not want to work. They prefer to sit on their asses all day and do nothing. :spanked:

I guess being on assisted living is the way to go for some and I just don't get it.

I think alot of the losers are drug addicts that are smoking Meth, shooting Heroin and snorting Coke while playing video games all day and all night. They don't need much to get by but their addictions!!:crazy::thud:
 

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Seems to me that Barry's and the Dems ultimate plan is working, Construction (or breading)of more perminate Constituants :crazy:
 

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"It was the third consecutive annual increase, up from 39.8 million, or 13.2 percent, in 2008."

how many can put together the fact that the democrats effectively control congress from 2008 till now, and the results above
 

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On January 20th ... 2009, The Federal Deficit was $1.3 Trillion … I’m thinking it was before that sign was created … care to comment? ;)

Unless that record number all happened after January 20th 2009 :laughing:
Sure, I will kick you in the teeth, anytime you open your hole. What was the deficit on Jan 20th 2007?

What is the projected deficit for Jan 20th 2013?

Don't open your hole, because you will not like what I put in it son.

:laughing:

Apparently it started out as *Republican City* and actually was started after Sacramento, Ca.'s *Tent City* (started during Reagan) and has simply moved into this administration ...

http://www.youtube.com/watch?v=vIhZD6lOKwQ
While I have this out, might as well fill your hole too... how much has the population of Sacramento's tent city grown since Jan 20th 2007? Peddle that lie elsewhere... because the Etoxic, knows the VN will blow his throat open...
 

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Discussion Starter · #14 ·
Many say poverty rate is a poor measure.

Critics on left, right argue that calculation is simplistic.



Just In


http://www.msnbc.msn.com/id/39199110/ns/business-eye_on_the_economy/



The latest national poverty rate data was released Thursday, and that means there’s finally one thing both liberals and conservatives can agree on: The way we measure poverty is flawed.

“Everybody’s dissatisfied with the poverty rate, although not always for the same reasons,” said , a researcher at the American Enterprise Institute, a conservative think tank.

The Census Bureau said Thursday that the poverty rate hit 14.3 percent in 2009, up from 13.2 percent in 2008.

That's the highest poverty rate since 1994 and the second significant increase since 2004.

The number of people living in poverty hit 43.6 million in 2009, the Census Bureau said, up from 39.8 million people in 2008.
That's the largest number of people living in poverty since recordkeeping began in 1959.

The numbers are staggering, but researchers on both sides of the ideological fence argue that they don't paint the full picture.

Liberals often say the data understate the extent to which Americans are suffering to make ends meet, and some conservatives worry the data overstate the problem.

Experts on both sides say the current method of calculating the number of Americans living in poverty is too simplistic and fails to account for a wide swath of factors beyond income that could influence how families make ends meet.



There's one thing liberals and conservatives can agree on: How U.S. measures poverty is flawed.


... Starting next year, the government plans to address some of those concerns by releasing a supplemental poverty measure that will incorporate factors like tax credits and work expenses.
That should offer a more nuanced look at Americans’ financial state but is not expected to replace the official poverty measure.

Some researchers already are arguing that even those more robust supplemental calculations won’t be enough to give Americans an accurate picture of who is truly poor in this country.

It may be a case where it is impossible to satisfy everyone.

“It would be very difficult to ever have a measure that everybody likes,” said Shawn Fremstad, a policy analyst with the liberal-leaning Center for Economic and Policy Research.



The poverty rate is calculated largely using taking the household income of an individual or family and then factoring in the number of people who are living off that income, and their ages. The poverty thresholds were developed in the early 1960s based on data from the time period about how much a family needed to spend, at minimum, on food.



The data is revised annually to account for inflation but does not vary by location.
The measure includes only cash income and excludes income substitutes such as food stamps and housing subsidies.

For 2009, the average poverty threshold for a family of four was $21,954. For a single person under 65 it was $11,161, and for a single person over 65 it was $10,289.

Fremstad argues that the current poverty threshold is unrealistic.



“Very simplistically, I think it’s too low in terms of the basic amount it takes to make ends meet in today’s economy,” he said.



He’d prefer to see a measure that was based on Americans’ median income, to give a better sense of how people are doing compared to others in society.

Median income was $49,777, a very slight drop from a year earlier.

Fremstad also thinks the poverty measure is too narrow because it fails to account for other sources of income such as food stamps, as well as other factors that could make a person’s financial needs higher, such as being disabled or living in a high-cost area.

“You can be income-poor and asset rich, and in balance that means you’re not poor,” Fremstad said.
“You can also have income just above poverty line but be in debt and under water (on your) mortgage.”

Ideally, he’d like to see something more like a hardship index that looks at income but also takes into account other factors such as a person's housing situation and nutrition levels.

On the conservative side, Eberstadt argues that the poverty rate should be calculated not by looking at incomes but by looking at spending habits.

“The poverty rate as a measure is looking through the wrong end of the telescope,” he said.

In the modern economy, people’s incomes can vary greatly from year to year based on seasonal employment or other factors.
For example, Eberstadt said, a family that shows little income one year may have a lot of savings from the previous year.

Other factors could come into play, he said, such as gifts from family members or the earned income tax credit for the working poor.

“People’s spending power, pretty much, is a good reflection of their living standards,” he said.

The poverty rate is not the only way the government measures hardship. The local and national unemployment rates, also are widely used gauges of how the nation is faring.

Then there’s just common sense.




“The bottom line is you don’t need a poverty measure to know that last year was a really bad year for a whole lot of people in America,” Eberstadt said.






Poverty in the United States

http://en.wikipedia.org/wiki/Poverty_in_the_United_States


Poverty in the United States is cyclical in nature with roughly 13 to 17% living below the federal poverty line at any given point in time, and roughly 40% falling below the poverty line at some point within a 10-year time span.

The definition of the word poverty is: the state of one who lacks a usual or socially acceptable amount of money or material possessions.

The word poverty comes from the Latin word, paupertat, which means poor.

However, the government's definition of poverty is not tied to an absolute value of how much an individual or family can afford, but is tied to a relative level based on how much the average individual makes.

Most Americans (58.5%) will spend at least one year below the poverty line at some point between ages 25 and 75.

There remains some controversy over whether the official poverty threshold over- or understates poverty.

The most common measure of poverty in the United States is the "poverty threshold" set by the U.S. government.

This measure recognizes poverty as a lack of those goods and services commonly taken for granted by members of mainstream society.

The official threshold is adjusted for inflation using the consumer price index.


(Read continues in Link)





US poverty rate estimate for all ages in 2008.
Data comes from US census bureau data here.
This python script to colour in each county along with a CSV derived from the census data.



 

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Sure, I will kick you in the teeth, anytime you open your hole. What was the deficit on Jan 20th 2007?

What is the projected deficit for Jan 20th 2013?

Don't open your hole, because you will not like what I put in it son.



While I have this out, might as well fill your hole too... how much has the population of Sacramento's tent city grown since Jan 20th 2007? Peddle that lie elsewhere... because the Etoxic, knows the VN will blow his throat open...

This is where you’ll find the last person who thought they could rise their foot to kick anything near me … :cheers:

 

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Discussion Starter · #17 ·
While I have this out, might as well fill your hole too... how much has the population of Sacramento's tent city grown since Jan 20th 2007 ? Peddle that lie elsewhere... because the Etoxic, knows the VN will blow his throat open...
:laughing: ... should be good when your v-clone VFP see's this one ...


:devil:
 
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