What President-elect Obama needs to know about poverty

Thursday, November 20, 2008

As the economic downturn continues, the ranks of those who live below the poverty line are growing. President-elect Barack Obama has promised to tackle poverty by reducing taxes, increasing the minimum wage and introducing new social services and rural investment. But what is his best, first move?

Poverty facts:

• 37.3 million Americans lived in poverty in 2007, according to the U.S. Census Bureau.
• Almost 700,000 children went hungry in America in 2007, according to a new report from the U.S. Department of Agriculture. That's more than 50 percent higher than the year before.
• Families from Mississippi, New Mexico, Texas and Arkansas were reported to have the least "food security."

Guests:

David Shipler

Contributors:

Noel King

Comments [1]

RJ

Let's not forget: The number used to measure "unemployment"--that supposedly key measure of economic security--only represents the people *who have just filed for unemployment insurance*!

It does *not* represent: the people whose unemployment insurnace has run out. Or the people who just left school (high school or college) and can't find jobs. Or people who are only employed part time, or less time than they need to make ends meet.

That number--by Dept of Labor stats--is a lot closer to ***12%***.

This has--even in "better" times--long been the deception in reporting on the true state of the U.S. economy.

Nov. 20 2008 08:56 AM

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