One In Three Americans Lived In Poverty For At Least Two Months In Recent Years
by Tyler Durden
ZeroHedge.com
01/07/2014
Yesterday’s chart of the day was the stunning prevalence of poverty in Greece, which soaring to 44%, up from 14% a year ago, was too mindboggling to even comment on. Today, courtesy of the Census Bureau, we get a glance at a just as disturbing aspect of poverty not in some country in depressed Europe, but in the US itself. The bad news: in the period from 2009 to 2011, 31.6% of Americans were in poverty for at least two months, “a 4.5 percentage point increase over the prerecession period of 2005 to 2007.
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