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US poverty on track to rise to highest since 1960s - Another accomplishment for Mr Obama!!

July 23 2012 at 9:22 AM
Anonymous 

Poverty is spreading at record levels across many groups, from underemployed workers and suburban families to the poorest poor. More discouraged workers are giving up on the job market, leaving them vulnerable as unemployment aid begins to run out. Suburbs are seeing increases in poverty, including in such political battlegrounds as Colorado, Florida and Nevada, where voters are coping with a new norm of living hand to mouth.

Outside of Medicaid, federal spending on major low-income assistance programs such as food stamps, disability aid and tax credits have been mostly flat at roughly 1.5 percent of the gross domestic product from 1975 to the 1990s. Spending spiked higher to 2.3 percent of GDP after Obama's stimulus program in 2009 temporarily expanded unemployment insurance and tax credits for the poor.

http://xfinity.comcast.net/articles/news-politics/20120723/US.Poverty.in.America/?cid=hero_media

 
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  1. Once again, the American people must choose between the lesser of two evils. - Anonymous on Jul 24, 11:55 AM
    1. Explain evil of Romney - Anon on Jul 24, 12:27 PM
      1. This should be good - Anonymous on Jul 24, 1:23 PM
      2. we are still waiting for the evil part..... - Anonymous on Jul 25, 7:17 AM
     
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