Poverty continues to rise in the United States under the leadership of Barack Obaam.
15.1% of Americans now live in poverty.
(The Bottom Line)
Another Obama Record!
The percentage of Americans living in poverty is the highest in 18 years.
The Bottom Line reported:
Advertisement - story continues below
The number of Americans who have fallen into poverty rose to 15.1 percent in 2010, the highest level in nearly two decades, the Census Bureau said Tuesday in a report.
The report, which showed the poverty rate rose for a third straight year as the economy struggles with a stumbling recovery and persistent high joblessness, said the number of poor Americans in 2010 was the largest in the 52 years that it has been publishing poverty estimates, according to Reuters.
There were 46.2 million people in poverty in 2010, up from 43.6 million in 2009 ─ the fourth consecutive annual increase in the figure.
In a report that covers the first full calendar year after the end of the Great Recession, the bureau also said real median income dropped for the third year in a row.
Advertisement - story continues below
Median household income in the United States in 2010 was $49,445, a 2.3 percent decline from the 2009 median, after adjusting for inflation.
The Gateway Pundit is moving back to Disqus! All of your account information and comment history has been saved and will be uploaded as quickly as possible to Disqus. If you do not already have a Disqus account, you will need to create one. Please use the same email address that you used for Insticator for your comment history to be carried over. We greatly appreciate your patience and continued support!