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tabasco

(22,974 posts)
Tue Sep 16, 2014, 08:46 PM Sep 2014

Poverty Down For First Time in 8 Years

Source: WICS

The poverty rate fell by half a percent from 15 percent in 2012 to 14.5 percent in 2013, according to the U.S. Census Bureau, which government officials credit to an extra 2.8 million full-time jobs. This is the first time it has fallen since 2006.

There were still 45.3 million Americans living in poverty, though and the median income stayed just about flat, rising only $180.

Still,UIS management professor Ronald McNeil tells us the drop in poverty is good news.

Read more: http://www.wics.com/news/top-stories/stories/vid_19104.shtml



Somehow, I'm sure this will be bad news on DU.
12 replies = new reply since forum marked as read
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jwirr

(39,215 posts)
1. The real problem is that even though the rate fell it still has not touched many of us and that make
Tue Sep 16, 2014, 08:56 PM
Sep 2014

it seem like it is not changing. However it is improvement.

marlene.elyse

(20 posts)
3. This probably reflects Obamacare more than anything-
Tue Sep 16, 2014, 09:43 PM
Sep 2014

but the poverty statistics are flawed because the threshold hasn't been changed since the 1960's.

Bettie

(15,998 posts)
4. That is good
Tue Sep 16, 2014, 09:48 PM
Sep 2014

However, when I read this, my brain saw Puberty rate falls...and I wondered what that was all about.

It's been a long day.

Now, my husband is laughing his ass off.

cstanleytech

(26,080 posts)
5. I wish I knew where those full time jobs were as my brother could use one as his company
Tue Sep 16, 2014, 10:02 PM
Sep 2014

of 18 years just fired him and a bunch of other full timers to replace them with part timers at half the pay and they are capping them at under 25 hours a week.

Corey_Baker08

(2,157 posts)
9. I,Unfortunately Remain 1 Of The 45.3 Million Americans' Living In Poverty...
Wed Sep 17, 2014, 12:34 AM
Sep 2014

enough is enough...I need help

Major Hogwash

(17,656 posts)
11. This is great news!!
Wed Sep 17, 2014, 03:02 AM
Sep 2014

We shaved one-half of a percentage point off of the poverty level in just 1 year!!!!
Imagine what we could do next year with a Congress controlled by Democrats!!!

Todays_Illusion

(1,209 posts)
12. Hard to find this article now: Job growth best in highest minimum wage states.
Wed Sep 17, 2014, 11:03 AM
Sep 2014


http://www.usatoday.com/story/money/business/2014/07/19/us-states-with-higher-minimum-wages-gain-more-jobs/12879113/

Must have been sending the wrong message, the powers are heavy into wage suppression as witnessed by the fast food industry crying the blues for their tax subsidized wage theft business model.
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