21 Statistics About The Explosive Growth Of Poverty Under Obama That Everyone Should Know
This article was written by Michael Tanner and posted with his permission.
If the economy is getting better, then why does poverty in America continue to grow so rapidly? Yes, the stock market has been hitting all-time highs recently, but also the number of Americans living in poverty has now reached a level not seen since the 1960s. Yes, corporate profits are at levels never seen before, but so is the number of Americans on food stamps. Yes, housing prices have started to rebound a little bit (especially in wealthy areas), but there are also more than a million public school students in America that are homeless. That is the first time that has ever happened in U.S. history. So should we measure our economic progress by the false stock market bubble that has been inflated by Ben Bernanke’s reckless money printing, or should we measure our economic progress by how the poor and the middle class are doing? Because if we look at how average Americans are doing these days, then there is not much to be excited about. In fact, poverty continues to experience explosive growth in the United States and the middle class continues to shrink. Sadly, the truth is that things are not getting better for most Americans. With each passing year the level of economic suffering in this country continues to go up, and we haven’t even reached the next major wave of the economic collapse yet. When that strikes, the level of economic pain in this nation is going to be off the charts.
The following are 21 statistics about the explosive growth of poverty in America that everyone should know…
1 – According to the U.S. Census Bureau, approximately one out of every six Americans is now living in poverty. The number of Americans living in poverty is now at a level not seen since the 1960s.
People don’t like to talk about America’s culture for the same reason that a man who just had a heart attack doesn’t want to discuss the double bacon cheeseburger he’s...Read More
It was said of Al Smith, a Roman Catholic, that if he won the 1928 presidential election he would take
In case anyone doubted that our rulers plan to “spread the wealth around” by using hyperinflation to pay off the
It was a week of risk-taking in the 2012 presidential race. Barack Obama, his job approval languishing in the low