Property News · September 15, 2016

America is finally back on its feet but the poor are being left behind


The latest Census Bureau report has much to cheer but a deeper look at how we measure poverty shows how much more needs to be doneYay! America is back on its feet again. At least according to the US Census Bureau, which said this week that median family incomes had risen for the first time since the recession. Sadly every silver lining has a cloud and in this case it came in the form of a supplemental report. The fact that real median household incomes rose significantly from 2014 to 2015 for the first time since the first warning signs of the financial crisis were spotted in 2007, is good news. On top of that the Census Bureau reported a 1.2 percentage point drop in the official poverty rate to 13.5% in 2015. Continue reading…

Source : theguardian.com
Read more…America is finally back on its feet but the poor are being left behind

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