Americans cannot afford to change horses in midstream, we have to complete our work.
September 13, 2016
September 13, 2016
By Don Lee
Steady job growth (click here) and the biggest earnings boost on record helped sharply lower the nation's poverty level last year and finally provided relief to the long-running problem of stagnant incomes.
In its annual report on income and poverty, the Census Bureau said Tuesday that the share of people in the U.S. living in poverty dropped to 13.5% in 2015, marking one of the biggest annual declines in decades.
That was down from 14.8% in the prior year, but still considerably higher than the 12.3% poverty rate in 2006, the year before the Great Recession began, and the 40-year low of 11.3% in the year 2000....
We, as a country, have come a long way from the global economic collapse of 2008. We need to finish the job.
2015 Income and poverty census report (click here)
We, as a country, have come a long way from the global economic collapse of 2008. We need to finish the job.
2015 Income and poverty census report (click here)
