Thursday, April 23, 2015

New Data Says 49.7 Million Are Now Poor, With 80% of the Total Population Near Poverty

There are nearly 50 million Americans who now live below the poverty line. That translates to 49.7 million total. Furthermore, and just as shocking, nearly 80% of the entire U.S. population is now living near poverty or below it.
This startling new statistic is means that 80% of the population is struggling with joblessness, or with near-poverty. Many of them are relying on government assistance to help pay the bills or feed their families. Without that assistance, this near-poverty statistic means that they too would be poor.
The Associated Press noted, in September, that a growing gap between rich and poor was indicated by the data.

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