• About
  • Contact
  • Submit News
Saturday, May 28, 2022
No Result
View All Result
NEWSLETTER
  • Home
  • World
    • Business
    • Economy
    • Politics
    • Geo-Engineering
    • Environment
    • Police State
    • Foreign Policy
  • U.S.
    • Federal Reserve
  • Globalist Agenda
    • Secret Societies
    • World Order
    • The Globalists
  • Health
    • Big Pharma
    • Fluoride
    • Food
    • Gmo’s
    • Vaccines
  • Sci/Tech
    • Space
    • Trans-Humanism
  • Media
    • Documentaries
    • Interviews
    • Talks/Lectures
  • More+
    • Ancient Civilizations
    • Astrology
    • Astrotheology
    • Awareness
    • DIY
    • Esoteric
    • Free Energy
    • Hidden History
    • Infographics
    • Knowledge
    • Religion
    • Spirituality
  • Home
  • World
    • Business
    • Economy
    • Politics
    • Geo-Engineering
    • Environment
    • Police State
    • Foreign Policy
  • U.S.
    • Federal Reserve
  • Globalist Agenda
    • Secret Societies
    • World Order
    • The Globalists
  • Health
    • Big Pharma
    • Fluoride
    • Food
    • Gmo’s
    • Vaccines
  • Sci/Tech
    • Space
    • Trans-Humanism
  • Media
    • Documentaries
    • Interviews
    • Talks/Lectures
  • More+
    • Ancient Civilizations
    • Astrology
    • Astrotheology
    • Awareness
    • DIY
    • Esoteric
    • Free Energy
    • Hidden History
    • Infographics
    • Knowledge
    • Religion
    • Spirituality
No Result
View All Result
The Global Elite
No Result
View All Result

In the U.S. 49.7 Million Are Now Poor, and 80% of the Total Population Is Near Poverty

by Global Elite News
18 November, 2013
in Economics
0
In the U.S. 49.7 Million Are Now Poor, and 80% of the Total Population Is Near Poverty
FacebookTwitter

If you live in the United States, there is a good chance that you are now living in poverty or near poverty. Nearly 50 million Americans, (49.7 Million), are living below the poverty line, with 80% of the entire U.S. population living near poverty or below it.

That near poverty statistic is perhaps more startling than the 50 million Americans below the poverty line, because it translates to a full 80% of the population struggling with joblessness, near-poverty or reliance on government assistance to help make ends meet.

In September, the Associated Press pointed to survey data that told of an increasingly widening gap between rich and poor, as well as the loss of good-paying manufacturing jobs that used to provide opportunities for the “Working Class” to explain an increasing trend towards poverty in the U.S.

But the numbers of those below the poverty line does not merely reflect the number of jobless Americans. Instead, according to a revised census measure released Wednesday, the number – 3 million higher than what the official government numbers imagine – are also due to out-of-pocket medical costs and work-related expenses.

The new measure is generally “considered more reliable by social scientists because it factors in living expenses as well as the effects of government aid, such as food stamps and tax credits,” according to Hope Yen reporting for the Associated Press.

Some other findings revealed that food stamps helped 5 million people barely reach above the poverty line. That means that the actual poverty rate is even higher, as without such aid, poverty rate would rise from 16 percent to 17.6 percent.

Latino and Asian Americans saw an increase in poverty, rising to 27.8 percent and 16.7 percent respectively, from 25.8 percent and 11.8 percent under official government numbers. African-Americans, however, saw a very small decrease, from 27.3 percent to 25.8 percent which the study documents is due to government assistance programs. Non-Hispanic whites too rose from 9.8 percent to 10.7 percent in poverty.

“The primary reason that poverty remains so high,” Sheldon Danziger, a University of Michigan economist said, “is that the benefits of a growing economy are no longer being shared by all workers as they were in the quarter-century following the end of World War II.”

“Given current economic conditions,” he continued, “poverty will not be substantially reduced unless government does more to help the working poor.”

Meanwhile, the U.S. government seems to think that the answer is cutting more of those services which are helping to keep 80% of the population just barely above the poverty line, cutting Food Stamps since the beginning of the month. Democrats and Republicans are negotiating about just how much more of these programs should be cut, but neither party is arguing that they should not be touched.

Source: Political Blind Spot

0 0 votes
Article Rating

26.4k
SHARES
FacebookTwitterSubscribe
PinterestTumblrLinkedin Reddit DiggStumbleupon PocketVkDeliciousBufferWeiboWhatsappXingFlattrMailPrint

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Tags: americapoorpoverty
Previous Post

Meet Lee Harvey Oswald, Sheep-Dipped Patsy (Full Documentary)

Next Post

Australia is now officially a police state

Global Elite News

Your Source for Alternative News and Information. Deep Independent Journalism About Who Really Controls The World.

Related Posts

How Popular Music’s Lyrics Perpetuate American Idiocy
Awareness

How Popular Music’s Lyrics Perpetuate American Idiocy

by TGE News
20 May, 2015
216
History Lesson: America Is the Same ‘Ol Oligarchy It Was over a Century Ago
History

History Lesson: America Is the Same ‘Ol Oligarchy It Was over a Century Ago

by TGE News
1 January, 2015
90
INFOGRAPHIC: 10 Banned Foods Americans Should Stop Eating
Food

INFOGRAPHIC: 10 Banned Foods Americans Should Stop Eating

by TGE News
1 December, 2014
230
Census Report: Half of Americans Poor or Near Poor
U.S. News

Census Report: Half of Americans Poor or Near Poor

by TGE News
22 October, 2014
10
Poor Americans Debt Burden Highest in History
U.S. News

Poor Americans Debt Burden Highest in History

by Global Elite News
17 September, 2014
18
It’s Official: Being Poor in America Has Been Outlawed
U.S. News

It’s Official: Being Poor in America Has Been Outlawed

by Global Elite News
5 August, 2014
76
10 Facts About The SWATification Of America That Everyone Should Know
Police State

10 Facts About The SWATification Of America That Everyone Should Know

by Global Elite News
4 July, 2014
81
The US Has Become A Worse Police State Than Orwell Could Imagine
Police State

The US Has Become A Worse Police State Than Orwell Could Imagine

by Global Elite News
6 May, 2014
76
Load More
Next Post
Australia is now officially a police state

Australia is now officially a police state

6 Secrets “They” Don’t Want You to Know

6 Secrets “They” Don’t Want You to Know

Subscribe
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest
A List of Banks Owned by the Rothschild Dynasty

A List of Banks Owned by the Rothschild Dynasty

19 February, 2013

The History of the ‘House of Rothschild’ (Complete)

24 January, 2013
Wikileaks Is A Rothschild Operation

Wikileaks Is A Rothschild Operation

22 December, 2012
Secrets Of The Elite: Why Forbes’s Rich List Doesn’t Include The Wealthiest Families On The Planet

Secrets Of The Elite: Why Forbes’s Rich List Doesn’t Include The Wealthiest Families On The Planet

19 September, 2015
The Act Of 1871 – America Incorporated

The Act Of 1871 – America Incorporated

22
Wikileaks Is A Rothschild Operation

Wikileaks Is A Rothschild Operation

6
The Rothschilds Purchased Jerusalem in 1829

The Rothschilds Purchased Jerusalem in 1829

5
Who Controls the Money Supply Controls the World

Who Controls the Money Supply Controls the World

4
The Man Who Knew Too Much (Documentary)

The Man Who Knew Too Much (Documentary)

14 November, 2021
The Puppet Masters Portfolios

The Puppet Masters Portfolios

5 August, 2021
Michael Tellinger: Hidden Origins of Humanity

Michael Tellinger: Hidden Origins of Humanity

29 July, 2021
All Financial Markets Are Rigged

All Financial Markets Are Rigged

14 May, 2021

Connect With Us

Most Read

  • A List of Banks Owned by the Rothschild Dynasty

    A List of Banks Owned by the Rothschild Dynasty

    7 shares
    Share 0 Tweet 0
  • The History of the ‘House of Rothschild’ (Complete)

    100 shares
    Share 0 Tweet 0
  • Wikileaks Is A Rothschild Operation

    4 shares
    Share 0 Tweet 0
  • Secrets Of The Elite: Why Forbes’s Rich List Doesn’t Include The Wealthiest Families On The Planet

    11 shares
    Share 0 Tweet 0
  • George Soros Exposed as a Rothschild Agent in the 1990’s

    2 shares
    Share 0 Tweet 0

Categories

Newsletter

Enter your email address to subscribe to our newsletter and receive notifications of new posts by email.

Join 12,349 other subscribers

Latest Posts

  • The Man Who Knew Too Much (Documentary)
  • The Puppet Masters Portfolios
  • Michael Tellinger: Hidden Origins of Humanity
  • All Financial Markets Are Rigged

Site Links

  • Donate
  • Resources
  • Sitemap
  • The Globalists

About Us

TGE news is here to bring you true documented facts on what’s really happening in the world that you will not see in the government controlled mainstream corporate media.

  • About
  • Contact
  • Privacy & Terms
  • Submit News

(OA) 2012-2022 TGE News

No Result
View All Result
  • Home
  • World
    • Business
    • Economy
    • Politics
    • Geo-Engineering
    • Environment
    • Police State
    • Foreign Policy
  • U.S.
    • Federal Reserve
  • Globalist Agenda
    • Secret Societies
    • World Order
    • The Globalists
  • Health
    • Big Pharma
    • Fluoride
    • Food
    • Gmo’s
    • Vaccines
  • Sci/Tech
    • Space
    • Trans-Humanism
  • Media
    • Documentaries
    • Interviews
    • Talks/Lectures
  • More+
    • Ancient Civilizations
    • Astrology
    • Astrotheology
    • Awareness
    • DIY
    • Esoteric
    • Free Energy
    • Hidden History
    • Infographics
    • Knowledge
    • Religion
    • Spirituality

(OA) 2012-2022 TGE News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

0
0
Would love your thoughts, please comment.x
()
x
| Reply