September 27, 2016

Poverty drops along with other good news

Guardian - Like a bolt from the blue there has been a flurry of uncharacteristically positive headlines on wages and poverty in the US.....

The figures from the 2015 Census Bureau reports, which span poverty, income and health insurance data, revealed that the official US poverty rate had experienced one of its biggest single-year falls in almost half a century, dropping from 14.8% to 13.5%. Just over 3.5 million fewer Americans were living in poverty than in the previous year.

And, as the Center on Budget and Policy Priorities pointed out, the typical household’s income leapt by 5.2% in 12 months, representing “the largest increase in median income in both percentage and dollar terms ever recorded, with data back to 1967”. America is finally back on its feet but the poor are being left behind Read more

Also significant for a country where the cost of accessing medical care has risen markedly over the years, the number of uninsured Americans fell in 2015 by 4 million. This means that the proportion of the population without health insurance stood at a record low last year of 9.1%.


Anonymous said...

Now the US is filled with people who "have" health insurance, but can't afford to use it.

(Dental care not included)

Capt. America said...

Just in time for the election.