Tuesday, September 13, 2011

Vital Information for Your Everyday Life: Poverty Level Highest Since 1993

There's no way to sugar coat the way things are in the world today. We're in a recession with a weak President who's only put us further in the can. The contenders for the 2012 Republican party are laughable at best, and if Obama gets re-elected in 2012 (and the Mayans were wrong & we're all still here) you can bet today's issues will seem like some kind of paradise then. Even the recent "death" of Osama Bin Laden wasn't enough to blind-side the American public from the current issues at hand. As much of has it pains me to say, I think it's pretty obvious America is starting to lose it's luster in comparison to countries like China. The fact that we now have to borrow money from China is definitely a sign of the times to come. I take tremendous pride in being an American, and the fact that our country is #1 (sorry my foreign readers.) so it definitely concerns me that analysts predict China should overtake the US to become the largest economy in the world by 2020, then be overtaken by India in 2050. 
Until we're able to elect leaders who've actually ran successful business and know what they're doing, NOT senators & congressmen..we'll always be in the mess we're in. 
It sounds pretty logical right?! 
You'd think, but apparently not..here's an article from FOX NEWS (yes, I'm a gay-republican-foxnews-lover) about
the poverty level being the highest since 1993!!!

More Americans were living below the poverty line in 2010 than at any other recorded point in American history, new government data show.
In the first full year after the recession that ran from 2007 to 2009, 46.2 million people fell below the poverty line. That marks the fourth straight year of increases, and the highest number recorded by the government in 52 years of collecting data, the Census Bureau reported Tuesday.
Intellectual responses ONLY please!

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