We’ve hit an all-time record of poverty not seen since the great depression. The stock market and housing rally is not a good measure of how the majority of us are doing.
4 Apr 2013. 21 Statistics About The Explosive Growth Of Poverty In America That Everyone Should Know. TheEconomicCollapseBlog.com
A few of the 21 stats:
- An all-time record 47.79 million Americans are now on food stamps. Back in the 1970s, about one out of every 50 Americans was on food stamps. According to the U.S. Census Bureau, approximately one out of every six Americans is now living in poverty. The number of Americans living in poverty is now at a level not seen since the 1960s.
- approximately 20 percent of all children in the United States are living in poverty. Incredibly, a higher percentage of children is living in poverty in America today than was the case back in 1975. more than one out of every four children in the United States is enrolled in the food stamp program. For the first time ever, more than a million public school students in the United States are homeless. That number has risen by 57 percent since the 2006-2007 school year. About one out of every three children in the U.S. lives in a home without a father.
- 40%t of all unemployed workers in America have been out of work for at least half a year and of those working, one out of every four workers in the United States brings home wages that are at or below the poverty level. more than 100 million Americans are enrolled in at least one welfare program run by the federal government. And that does not even include Social Security or Medicare.