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U.S. sees highest poverty spike since the 1960s

Posted By admin On April 3, 2013 @ 10:48 am In Money Watch,Tile | Comments Disabled

UK Daily Mail [1]
April 3, 2013

The number of Americans living in poverty has spiked to levels not seen since the mid 1960s, classing 20 per cent of the country’s children as poor.

It comes at a time when government spending cuts of $85 billion have kicked in after feuding Democrats and Republicans failed to agree on a better plan for addressing the national deficit.

The cuts will directly affect 50 million Americans living below the poverty income line and reduce their chances of finding work and a better life.

Before spending cuts kicked in on March 1st, 49-year-old Antonio Hammond became a success story for Catholic Charities of Baltimore – one of a multitude of organizations trying to haul people out of poverty.

Full article here [1]

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URLs in this post:

[1] UK Daily Mail: http://www.dailymail.co.uk/news/article-2302997/U-S-sees-highest-poverty-spike-1960s-leaving-50-million-Americans-poor-government-cuts-billions-spending.html#ixzz2PPnDayO7

[2] One in five American children now living in poverty according to new report: http://www.prisonplanet.com/one-in-five-american-children-now-living-in-poverty-according-to-new-report.html

[3] The Secret List Of 10 States With Soaring Poverty Rates The Government Doesn’t Want You To See: http://www.prisonplanet.com/the-secret-list-of-10-states-with-soaring-poverty-rates-the-government-doesnt-want-you-to-see.html

[4] Census Reveals 45m Americans Living in Poverty: http://www.prisonplanet.com/census-reveals-45m-americans-living-in-poverty.html

[5] Globalist Funded Think Tank Says Poverty Will Save Planet: http://www.prisonplanet.com/globalist-funded-think-tank-says-poverty-will-save-planet.html

[6] 21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know: http://www.prisonplanet.com/21-statistics-about-the-explosive-growth-of-poverty-in-america-that-everyone-should-know.html

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