Pages

Tuesday, November 12, 2013

Child poverty in USA on the rise

From Huff Post The Blog | by Les Leopold | November 8, 2013

 

America's greatest shame - child poverty

There are 16.4 million young poor Americans or 22.6% of the total children in America.  Poverty line is at $18.4t per year.  There has been a 4.5% increase in young poor since recession started in 2007. Is this happening to the world's richest richest and powerful country.  And yet the stock market is booming and US still home to many billionaires 442 in all and collectively are worth $1.9 trillion. Their wealth by 12% per annum and each one is worth approximately $4.2 billion each.

And yet Les is wondering why there should be cut in food stamps to the poor (under talks at US Congress budget?)

Why?


USA Shame - Child Poverty