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Thursday, December 15, 2011

Census Data: Half Of U.S. Poor Or Low Income

(AP)

WASHINGTON - Squeezed by rising living costs, a record number of Americans — nearly 1 in 2 — have fallen into poverty or are scraping by on earnings that classify them as low income.

The latest census data depict a middle class that's shrinking as unemployment stays high and the government's safety net frays. The new numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families.

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2 comments:

  1. I'm in that poor level , but I'll never sell my ammo or guns. Gonna need them shortly.

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  2. Soon we will reach "critical mass" of poor people with nothing left to lose. Then they start TAKING what they need. As they have done throughout history. Nations fall, governments fall, and blood flows. Where IS that goof who said "the system is working"? Probably checking his stocks. Or buying more gold. Hint for you, fella --- it AIN'T gonna help you at all soon. Sooner than you might think, too.

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