KidRocks
DP Veteran
- Joined
- Aug 17, 2005
- Messages
- 1,337
- Reaction score
- 16
- Location
- right here
- Gender
- Male
- Political Leaning
- Liberal
Fact: Fourth straight year poverty rate up under President George W. Bush.
Fact: The last time this happened was back in 1989 to 1993 under President
Bush also.
What? How can that be? Oh I see, that was way back under President
Bush's father, George Herbert Walker Bush. Like father like son they
say.
Why? Are we not surprised?
http://http://www.usatoday.com/news/washington/2005-08-30-census-poverty_x.htm
WASHINGTON — The number of Americans living in poverty rose by 1.1 million to 37 million last year, despite a robust economy that created 2.2 million new jobs. It was the fourth consecutive year poverty has risen.
Median household income remained stable at $44,389. But it took more workers to produce that income; median earnings for both men and women did not keep up with inflation.
The 2004 data, reported by the Census Bureau on Tuesday, showed an economy still recovering from the 2001 recession. Unemployment peaked in 2003 at 6.3%, but the poverty rate kept climbing in 2004, to 12.7%. The increase was felt most by whites, people ages 18 to 64, and residents of the Midwest, where manufacturing lags the overall economy.
The four-year increase in poverty under President Bush is the worst since his father was in office. The poverty rate rose for five years from 1989 to 1993, as it had from 1979 to 1983...
Fact: The last time this happened was back in 1989 to 1993 under President
Bush also.
What? How can that be? Oh I see, that was way back under President
Bush's father, George Herbert Walker Bush. Like father like son they
say.
Why? Are we not surprised?
http://http://www.usatoday.com/news/washington/2005-08-30-census-poverty_x.htm
WASHINGTON — The number of Americans living in poverty rose by 1.1 million to 37 million last year, despite a robust economy that created 2.2 million new jobs. It was the fourth consecutive year poverty has risen.
Median household income remained stable at $44,389. But it took more workers to produce that income; median earnings for both men and women did not keep up with inflation.
The 2004 data, reported by the Census Bureau on Tuesday, showed an economy still recovering from the 2001 recession. Unemployment peaked in 2003 at 6.3%, but the poverty rate kept climbing in 2004, to 12.7%. The increase was felt most by whites, people ages 18 to 64, and residents of the Midwest, where manufacturing lags the overall economy.
The four-year increase in poverty under President Bush is the worst since his father was in office. The poverty rate rose for five years from 1989 to 1993, as it had from 1979 to 1983...