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30% Of Americans Rapidly Approaching Poverty or are Already There

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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:14 PM
Original message
30% Of Americans Rapidly Approaching Poverty or are Already There
America Increasingly Looks Like A Developing Nation As 30% Of Americans Rapidly Approach Poverty, Or Are Already There

Vincent Fernando | Jan. 25, 2010

A shocking report from Brookings exposes just how massive America's poverty problem is. While substantial reductions in poverty were made during the 1990's, America's poor have been rocked by the dual economic downturns since 2000.

The result is that poverty grew at twice the rate of U.S. population growth from 2000 - 2008, and now encompasses 39.1 million Americans.



If one were to expand the definition of poverty to merely 'poor' (yet still very poor), then a eye-popping 30% of the nation lives no higher than twice the poverty base line.

Brookings: In 2008, 91.6 million peoplemore than 30 percent of the nations populationfell below 200 percent of the federal poverty level. More individuals lived in families with incomes between 100 and 200 percent of poverty line (52.5 million) than below the poverty line (39.1 million) in 2008. Between 2000 and 2008, large suburbs saw the fastest growing low-income populations across community types and the greatest uptick in the share of the population living under 200 percent of poverty.

Here's where it gets even more ridiculous -- If you break down the data to individual areas, then there's at least ten U.S. cities with poverty rates of around 30%. Moreover, Brookings latest research highlights how poverty has been getting worse especially fast in the suburbs, thus the U.S. is faced with the challenges of suburban poverty like never before:



Finally, this bad news has likely become far worse already. This research doesn't include 2009 since full data hasn't come out yet. When it does, expect a huge up-tick in poverty rates given since that's when the real brunt of the recent crisis hit 'Main St.'.

Unfortunately, our regression analyses suggest that these metro areas are not likely to see such decreases in 2009, a year in which no metro area proved exempt from increased unemployment rates. Although the Census will not officially release poverty rates for 2009 until fall of next year, job losses alone foretell a substantially larger increase in the metropolitan poverty rate than the 0.3 percent reported from 2007 to 2008, when unemployment increases were just beginning to accelerate.

http://www.businessinsider.com/30-of-america-approachin...

Anybody listening?
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That Is Quite Enough Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:15 PM
Response to Original message
1. It's gonna get worse.
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Jkid Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:19 PM
Response to Reply #1
3. And our politicans are doing little or nothing about it for the past three decades.
And they don't listen to the homeless or poor because they don't contribute to their campaign fund.
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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:29 PM
Response to Reply #3
9. Our politicians have been FACILITATING it for the past 3 decades...
Clinton included.
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That Is Quite Enough Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:34 PM
Response to Reply #9
11. "Rome wasn't built in a day"
Edited on Mon Jan-25-10 09:37 PM by That Is Quite Enough
And the US isn't being systematically dismantled in a day.

It's taken decades of Republicans and Democrats working together to get to where we are. Left vs. Right is a distraction to keep us deflected from the fact that the majority of both are working for the corporate and economic terrorists who will desolate anything in their quest for ludicrous profits.

EDIT: Even though the political lines have been energized and polarized, I still think that Leftist ideologies are generally fundamentally more appealing to me than Right/Conservative viewpoints.
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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 10:23 PM
Response to Reply #11
14. I agree with your edit but Clinton brought us NAFTA
so I just don't think of him as being on the LEFT.
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liberal_at_heart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 10:51 PM
Response to Reply #3
15. +1
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snot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:16 PM
Response to Original message
2. K&R'd
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anonymous171 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:20 PM
Response to Original message
4. JUST IN TIME FOR A SPENDING FREEZE! nt
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dotymed Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 07:53 AM
Response to Reply #4
16. Isn't that
really, the icing on the cake? It is the "death blow" to the rest of our citizenry (except the wealthy). Obama has proven to be a major part of the elitist takeover of what is left of America. The Supremes helped a lot.
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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 09:30 AM
Response to Reply #16
17. Yes indeed.
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Oceansaway Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:22 PM
Response to Original message
5. K&R...n/t
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XemaSab Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:24 PM
Response to Original message
6. Interesting that the south central valley is
3/10 places on the "suburbs" list.
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NRaleighLiberal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:24 PM
Response to Original message
7. Both of my daughters are in that category. Can you hear the shit heading for the fan?
This just cannot keep up. It is ugly, and going to get much uglier....
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snot Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:26 PM
Response to Original message
8. And the poverty threshold's defined as $22,050 for a family of four --
Hard to imagine how a family can live on that.

Came across a chart at http://www.nationmaster.com/graph/eco_pop_bel_pov_lin-e...
that says the poverty rate in the US is higher than that in Croatia, Thailand, The Bahamas, China, Libya, Tunisia, Malaysia, etc.
Don't know how accurate that is.
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Rozlee Donating Member (821 posts) Send PM | Profile | Ignore Tue Jan-26-10 11:52 AM
Response to Reply #8
20. Really? My husband and I bring home $140,000 a year and we're dead broke
We have a daughter-in-law without insurance that has diabetes and threw a blood clot in her leg during her pregnancy. The cost of saving her leg from amputation from venous damage from that clot is an ongoing money drain, as is her brittle diabetes which has gotten her into the hospital for diabetic ketoacidosis numerous times.

My daughter's 2-year-old has Goldenhars' Syndrome, a birth defect that so far has required surgery for her eyes and constant doctors visits and hopefully won't require abdominal surgery or we'll really be screwed. And my two children have fairly decent jobs, but no insurance. They're just the regular type Americans that live paycheck to paycheck. We've dicked around with the idea of actually getting my son and his wife divorced so that she can qualify to get some kind of public health care from the University Hospital in San Antonio since they have an indigent program. I got a notice from our utility company that our bill is overdue and if my daughter-in-law's leg starts to swell up again (which it does every few months or so, and it's back to hyperbaric treatments), we are going to be so screwed. This is why this health care reform business by our Democratic congress and president has gotten me in so much trouble with my fellow DUer's with my hateful rants. Yeah. I hate these bastards. And not just because they're keeping me from taking a cruise to the Bahamas every year.
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marions ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 04:01 PM
Response to Reply #20
23. I understand
We are all just an illness away from financial ruin really.

I have 2 elderly parents (father and mother in law) who have health issues. One has leukemia and doing OK but the costs are ruinous and not covered by insurance. Both these parents would prefer be in assisted living, but the sale of their houses would not bring much for that, so they eke it out alone in their own small homes counting themselves lucky by comparison. It's a fragile situation. One fall or mishap and they will be living with us and we don't have the means to support them or the time to nurse them.

This does not have to be. (I think it's OK to hate bastards).
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kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:30 PM
Response to Original message
10. I don't feel so bad now. I've got plenty of company where I am, it seems.
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pa28 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:36 PM
Response to Original message
12. This story is badly under reported.
Being willing to work hard and in return getting the near guarantee of a middle-class lifestyle has been part of the social contract. Now that's gone along with the permanent loss of class status for millions of Americans.

The worst part of it is I know how good Republicans are at harnessing populist anger without any sense of irony. I wonder how many of these people are going to go running into the Republicans arms in the next election.
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Holy Moly Donating Member (86 posts) Send PM | Profile | Ignore Tue Jan-26-10 10:14 AM
Response to Reply #12
18. the infamous relentless 30%
"I wonder how many of these people are going to go running into the Republicans arms in the next election."

As usual, the 30% who art the most faithful of the most faithful will long for the good old hey days of bush/cheney and reflexively/obediently blame the traitorous evil unpatriotic progressives for their growing sense of discomfort. Power to the corporations!
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4_TN_TITANS Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 11:55 AM
Response to Reply #12
21. "I know how good Republicans are at harnessing populist anger "
Man, you got that right! Gingrich got none of his Contract with America accomplished, but everyone seems to have forgotten the massive fail that was the last Republican Revolution.
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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 12:23 PM
Response to Reply #21
22. The thought of Gingrich running for office again
is nauseating. But people have such short memories for the truth.
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NOLALady Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-27-10 08:34 AM
Response to Reply #12
24. Running to the Republican arms
for more of the same. They seem to have no clue how we got into this mess.
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EmeraldCityGrl Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:58 PM
Response to Original message
13. During the Boosh Admin. $$$
were directed to Republican strongholds. Blue states and cities were
economically discriminated against. I do believe the blowback from
that is reflected here.
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-26-10 10:19 AM
Response to Original message
19. Been trending third world for quite a while now- and on pleanty of other indices, too
And unfortunately, no- not many in America are listening.
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