New York Times (January 18)
2011/ 01/ 20 by jd in Global News
“The number of Americans living in poverty rose by 1.7 million to nearly 47.5 million” or nearly 16% of the population during 2008. Regrettable, this was nonetheless expected given the extent of the Great Recession. Surprisingly, the poverty level remained stable during 2009, despite mounting job losses. This shows the Government’s stimulus and safety net measures made a difference. The New York Times urges Congress not to slash essential spending, “reducing federal help now will almost ensure more poverty later.”
Tags: Congress, Great Recession, Poverty, U.S.
