US poverty rate spikes to 15.1% (That’s over 46+ million people)

U.S. poverty rate reaches 15.1 percent – The Washington Post
By Michael A. Fletcher, Updated: Tuesday, September 13, 1:12 PM

The nation’s poverty rate spiked to 15.1 percent in 2010, the highest level since 1993, the Census Bureau reported on Tuesday, providing vivid new evidence about the country’s inability to escape the lingering effects of the recession.

About 46.2 million Americans lived in poverty last year, marking an increase of 2.6 million over 2009 and the fourth consecutive annual increase in poverty.

The total number of people living below the poverty line — which in 2010 was set at an income of $22,314 for a family of four — is now at the highest level in the 52 years the statistic has been collected.

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