The analysts’ estimates suggest that some 47 million people in the U.S., or 1 in 6, were poor last year. An increase of one-tenth of a percentage point to 15.2 percent would tie the 1983 rate, the highest since 1965. The highest level on record was 22.4 percent in 1959, when the government began calculating poverty figures.
1) Note that the highest rate since 1965 came during Pres. Reagan's 3rd year in office.
2) Note also that the all-time high was in 1959, before the enactment of LBJ's Great Society programs.
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1 comment:
http://www.nakedcapitalism.com/2012/07/lynn-parramore-did-the-youth-unemployment-crisis-play-a-role-in-the-colorado-shooting.html
I do agree with the anti-gun control commentors, however.
A government which drone bombs innocents conducts wars across the world creating more enemies than killing actual threatening enemies, and which comes down hard on Occupy is not a government that can be trusted not to go postal
on its own.
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