Users Online Now:
GLP Poker Rooms
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
THE ECONOMY & YOU # (Daily Updated Videos & Articles)
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:RoXY:MV8xNTc4NDI2XzMzNDUzNDA1X0M3Q0RCQjc3] [b]Gap Between Rich and Poor is Widening: The US Poverty Report and Obama’s “Economic Recovery”[/b] By Andre Damon and Barry Grey September 16, 2012 The poverty report released Wednesday by the US Census Bureau is another shattering refutation of the Obama Administration’s claims to be overseeing an economic “recovery” and working to improve the lives of ordinary Americans. The report revealed that the ranks of those classified by the government as poor remained at record highs in 2011, while the gap between rich and poor widened further. Some 46.2 million people remained below the official poverty line in 2011, the highest number in more than half a century. The 15.0 percent poverty rate, essentially unchanged from 2010, was the highest since 1983. The impact of poverty is particularly devastating for the young. One in five American children was poor in 2011. The poverty rate of young adults age 25-34 living with their parents, based on their own income alone, was 43.7 percent. All of these figures grossly underestimate the real level of poverty, since the government’s poverty threshold, set at an annual income of $23,021 for a family of four, is absurdly low. The Census data showed that median household income, adjusted for inflation, fell by 1.5 percent from the previous year. The figure was 8.1 percent lower than in 2007 and 8.9 percent lower than its peak in 1999. The income of the typical US family in 2011 fell for the fourth straight year and sank to levels last seen in 1995. [b]CONTINUE: http://www.globalresearch.ca/gap-between-rich-and-poor-is-widening-the-us-poverty-report-and-obamas-economic-recovery/[/b] [/quote]
Economic Armageddon and You
Wondering about the American economy? This animated video explains inflation, stagflation, recession and more, all in 5 minutes.
NB: UPDATES AT LAST PAGE
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
If you use Benadryl, Paxil, Dramamine it's REALLY time to stop
How an Italian doctor hopes to perform first human head transplant
Google Develops Electronic Eye Implant
Could West Virginia Revival Spark End-Time Awakening?
Astronomers discover tailless comet, first of its kind
NASA Maps every eclipse that will occur for the next 1,000 years
These entrepreneurs are using technology to turn a profit on food waste
World heading for catastrophe over natural disasters
Half Of American Pastors Believe The Antichrist Will Soon Be Revealed
Scientists fear asteroids, killer robots and deadly diseases could wipe out humanity
London naked restaurant has waiting list of 30,000
Killer Superbugs Could Kill 10 million people a year by 2050
EU May Be ‘Test Run” For A Global Government
Obama presses ‘smart guns’ with fingerprint technology
MK-ULTRA, the CIA, and LSD: GOVERNMENT MIND CONTROL AGENT TALKS
The Impact of Patent Trolls
WILL 2016 BE THE YEAR OF THE MULTINATIONAL BANK BAIL IN ?
The Future Of America? More Than Half Of All U.S. Adults Under Age 30 Now Reject Capitalism
Swedish Govt Spends Millions Telling Citizens To Eat Insect “Meat” To End Climate Change
There’s A Plan For Human Population Control – Is It Vaccines?
Boehner rips Cruz: 'Lucifer in the flesh,' 'miserable son of a bitch'
Check Out Models Of The Cosmic Web That Connects Galaxies
The end of humans working in service industry?
Alabama House Committee Approves Bill to Abolish Marriage Licenses in State
Hubble Telescope Captures Sharpest Image Yet of Mysterious Red Rectangle
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd. Godlike™
Website Design Copyright © 1999 - 2015 Godlikeproductions.com
Page generated in 0.008s (12 queries)