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The Water Cooler
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Poverty in America - Under Obama's Watch ...
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<blockquote data-quote="HMFIC" data-source="post: 1970145" data-attributes="member: 7539"><p>- The poverty level in America is currently at around 46 million people or 15%. <strong>This has increased every year for the last 3 years and is at it's highest level since 1959</strong> (first year measured).</p><p></p><p>- One in Seven Americans use Food Stamps (SNAP). All time record high level reported in June 2012.</p><p></p><p>- 21.9% is the current child poverty rate. This is over ONE FIFTH of American children that live in poverty. That's the second highest rate among developed nations in the world just after Romania.</p><p></p><p>- The average family currently spends 37.3 months on the welfare rolls.</p><p></p><p>- The government spent 770 billion dollars on Medicaid and Medicare last year. Medicare for the elderly cost 486 billion dollars while Medicaid for the poor came in at 323 billion dollars. Healthcare programs accounted for 21 percent of the federal budget, about as much as defense and Social Security.</p></blockquote><p></p>
[QUOTE="HMFIC, post: 1970145, member: 7539"] - The poverty level in America is currently at around 46 million people or 15%. [B]This has increased every year for the last 3 years and is at it's highest level since 1959[/B] (first year measured). - One in Seven Americans use Food Stamps (SNAP). All time record high level reported in June 2012. - 21.9% is the current child poverty rate. This is over ONE FIFTH of American children that live in poverty. That's the second highest rate among developed nations in the world just after Romania. - The average family currently spends 37.3 months on the welfare rolls. - The government spent 770 billion dollars on Medicaid and Medicare last year. Medicare for the elderly cost 486 billion dollars while Medicaid for the poor came in at 323 billion dollars. Healthcare programs accounted for 21 percent of the federal budget, about as much as defense and Social Security. [/QUOTE]
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