OpEdNews - Quicklink: One in Every Three Americans is Now Considered Either Poor or "Near Poor"

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December 5, 2011 Permalink
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One in Every Three Americans is Now Considered Either Poor or "Near Poor"

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'One in every three Americans is now considered either poor or 'near poor,' according to recent census data; that is, 49.1 million Americans are below the poverty line and another 51 million perilously close to it. This, of course, represents a significant increase in downward mobility. According to the New York Times, 'over half of the near poor in the new tally actually fell into that group from higher income levels as their resources were sapped by medical expenses, taxes, work-related costs and other unavoidable outlays.'

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