Wednesday, August 27, 2008

Poverty In America

From Chuck at America's North Shore Journal

The Census Bureau has released its annual report and Chuck has done his annual analysis.

There are multiple posts in a series.

The average poverty rate for all Americans for the first seven years of the Reagan terms was 14.2%.

For the first seven years of Bill Clinton’s terms, it was 13.6%. Under George Bush, the average poverty rate for 2001-2007 is 12.4%.

American women reached record wage parity with men in 2007. Women earned 77.8 cents for every dollar earned by men.

The poverty rate for people over 65 was at a record low in 2006, 9.4%, and is at its second lowest for 2007, 9.7%.

There is an overview here with links to multiple posts.

1 comment:

Stella by Starlight said...

However, how much have the poverty guidelines changed? Is it the same percentage as those Chuck quoted? His posts were extremely interesting.

However, are women earning 77.8% for every dollar earned by men (not good enough, I might add) due to unemployment? These statistics are taken only from employed individuals, so I wonder how that factors into these statistics for those unemployed.

I always follow Mark Twain's comment There's lies, damned lies, and statistics. Despite my snarky comments, Maggie, great post.