America Loses War on Poverty

The government is preparing to release 2009 census data next week that shows that the US poverty rate exploded last year with 1 in 7 americans living in poverty. This is the highest number of americans living in poverty since the US started recording poverty data in 1959. About 45 million americans made less than $22,025 annually last year, making them eligible for government assistance.

I suspect this data will surprise the Obama administration and economists, who insist that we are not in either a recession or depression. The administration will blame Bush and continue wrecking the US economy as they accumulate and consolidate government power.