The real numbers: half of America
in poverty -- and it's creeping upward
The Census Bureau has reported that one in six Americans live in poverty. A shocking figure. But it's actually much worse.Almost half of Americans had no assets in 2009, and it's even worse three years later.
Putting it in perspective: While food support was being targeted for cuts, just 20 rich Americans made as much from their 2012 investments as the entire 2012 SNAP (food assistance) budget, which serves 47 million people.
There's more. Read the AlterNet report here.
posted by Jacqueline Dowd @ 8:30 AM
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