– Obamanomics? More Chidren Live In Poverty Now Than During Crisis (ZeroHedge, July 21, 2015):
For all the back-patting exuberance over manipulated record high stock prices and record periods of illusory job gains, it appears the administration and its Obamanomics forgot one important thing – the children! As USA Today reports, a higher percentage of children live in poverty now than did during the Great Recession, according to a new report from the Annie E. Casey Foundation released Tuesday.
…
1.5 million families in USA on less Han $2 dollars/day.
OK that’s just a tad more than than one percent of the population but if it is extrapolated up to a reasonably sustainable income of say $75/day one could probably explode the “poor” element of USA population to between thirty and sixty percent and growing.
And it’s only going to get worse. As trade shrinks, retailers disappear, manufacturing disappears, the only two growth areas are poverty and crime.
http://projectcensored.org/6-over-1-5-million-american-families-live-on-two-dollars-per-person-per-day/