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LA, California, USA
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011
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.... “Economic Recovery”
The poverty report released Wednesday by the US Census Bureau is another shattering refutation of the Obama Administration’s claims to be overseeing an economic “recovery” and working to improve the lives of ordinary Americans.
The report revealed that the ranks of those classified by the government as poor remained at record highs in 2011, while the gap between rich and poor widened further. Some 46.2 million people remained below the official poverty line in 2011, the highest number in more than half a century. The 15.0 percent poverty rate, essentially unchanged from 2010, was the highest since 1983.
The impact of poverty is particularly devastating for the young. One in five American children was poor in 2011. The poverty rate of young adults age 25-34 living with their parents, based on their own income alone, was 43.7 percent.
Gap Between Rich and Poor is Widening: The US Poverty Report and Obama’s ?Economic Recovery? | Global Research
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