Wednesday, January 11, 2012

Slow recovery = more poverty


Nearly 10 million more Americans have been driven into poverty since the 2007-2009 recession began, and the number is expected to increase due to the slow pace of the recovery, according to a study released Wednesday by Indiana University.
The study found the number of Americans living in poverty grew to 46.2 million in 2010, up 27 percent from 36.5 million in 2006, the year before the start of the recession. During the same period, the U.S. population increased 3.3 percent.
Read it at Raw Story
Poverty to keep rising due to slow recovery: study
by Reuters

We needed a study to tell us that? Would be something if the policy-makers where waiting for a study to act, but I suspect that this is not even on the radar in DC.


1 comment:

Ryan Harris said...

Good grief. Who is in charge?