Economists: US Poverty On Track To Hit Highest Level Since 1960s 696
First time accepted submitter eentory writes "According to economists and other experts surveyed by the Associated Press, the U.S. poverty rate is on track to hit its highest level since the 1960s. The consensus among those surveyed is that 'the official poverty rate will rise from 15.1 percent in 2010, climbing as high as 15.7 percent.' Just a 0.1 percent increase would put the poverty rate at its highest since 1965."
Re:trickle down (Score:5, Funny)
No, this is a new system called Trickle Up Poverty. They found it reaches the middle class faster if it goes up.
Re:trickle down (Score:3, Funny)
Which one is John Galt? (Score:1, Funny)
Re:Relevant (Score:4, Funny)
Only if you work with Republicans.
Re:Official MinTruth Statement (Score:5, Funny)
Yep. It goes back at least to Bush I, probably much earlier.
I say we blame everything on Nixon. That's when things started going downhill and the budget started spiraling upward.
Plus, he makes a good scapegoat. He's already "evil" in the public eye; why not blame him for starting America's decline as well as for Vietnam and Watergate?
Re:Official MinTruth Statement (Score:5, Funny)
Re:Poverty rate (Score:3, Funny)
First world problems...
Re:Relevant (Score:0, Funny)
Perhaps he didn't expect the second two years of his presidency to be so hard?
Exactly! Who but a racist would oppose a Magic Negro?