One In Three Americans Lived In Poverty For At Least Two Months In Recent Years

Tuesday, January 7, 2014
By Paul Martin

by Tyler Durden

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.

The Rest…HERE

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