Friday, November 19, 2010

Leaving The Middle Class For Poverty

A very depressing article:

"The Census Bureau recently reported that the poverty rate in the United States rose to 14.3 percent last year, the highest level in more than 50 years.

Texas and Florida saw the most people fall below the line. In Florida alone, 323,000 people became newly poor last year, bringing the state's poverty total to 2.7 million.

The numbers tell another tale as well: Nationwide, in black households such as Walker's, income plunged an average of 4.4 percent in 2009, almost three times the drop among whites. The number of blacks living below the official poverty line - $21,756 for a family of four - increased by 7 percent in just one year."

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