Tuesday, August 29, 2006

Your Plan's All Wet

Reuters reports:

In the world's biggest economy, one in eight Americans and almost one in four blacks lived in poverty last year, the U.S. Census Bureau said on Tuesday, both ratios virtually unchanged from 2004.

[...]

In all, some 37 million Americans, or 12.6 percent, lived below the poverty line, defined as having an annual income around $10,000 for an individual or $20,000 for a family of four. The total showed a decrease of 90,000 from the 2004 figure, which Census Bureau officials said was "statistically insignificant..."

...particularly because you have to subtract the 1,577 dead in Louisiana because of Katrina from those removed from the poverty rolls.

The article goes on to say, "Major cities with the highest proportions of poor people included Cleveland with 32.4 percent and Detroit with 31.4 percent under the poverty line," but stops before pointing out that BushCo are busy looking into a new Eradicate Poverty Now plan that will make Lakes St. Clair and Erie flood. A lot.

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