Obama Setting Record Poverty Records

19 Months Of Failures By Obama And Democrats

The number of people in America who are in poverty is set for a record increase on socialist Barack Hussein Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty.  The anticipated poverty rate increase from 13.2 % to about 15% would be another blow to Democrats and their failed policies.

This means approximately 45 million people in this country, or more than 1 in 7, were poor last year. It would be the highest single-year increase since the government began calculating poverty figures in 1959. The previous high was in 1980 when the rate jumped 1.3 percentage points to 13 percent during the energy crisis.

Demographers also are confident the report will show:

_Child poverty increased from 19 percent to more than 20 percent.

_Blacks and Latinos were disproportionately hit, based on their higher rates of unemployment.

_Metropolitan areas that posted the largest gains in poverty included Modesto, Calif., Detroit, Cape Coral-Fort Myers, Fla.,  Los Angeles, and Las Vegas.

Among the 18-64 working-age population, the demographers expect a rise beyond 12.4 percent, up from 11.7 percent. That would make it the highest since at least 1965, when another Democratic president, Lyndon B. Johnson, launched the war on poverty that expanded the federal government's role in social welfare programs from education to health care.

"The Great Recession will surely push the poverty rate for working-age people to a nearly 50-year peak," said Elise Gould, an economist with the Economic Policy Institute. She said that means "it's time for a renewed attack on poverty."

"The most important anti-poverty effort is growing the economy and making sure there are enough jobs out there," Obama said Friday at a White House news conference. He stressed his commitment to helping the poor achieve middle-class status and said, "If we can grow the economy faster and create more jobs, then everybody is swept up into that virtuous cycle."

All of Obama’s socialist agenda  has failed.  We have seen 19 months of failed policy and the socialist Democrats are crying if we spend more and tax working Americans more it will get better.  The socialist agenda has failed in every country it has been tried in.  It is already showing dismal failure and hardship on America. 

Election 2010 is in 49 days.  Elections do matter and the 2008 elections prove that more than ever.  We can bring back a strong vibrant America.  Comment here and email us at YourVoice@speaknowconservatives.org.


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