Tuesday, September 13, 2011

Census: US poverty rate swells to nearly 1 in 6


QUOTE: "The ranks of America's poor swelled to almost 1 in 6 people last year, reaching a new high as long-term unemployment left millions of Americans struggling and out of work. The number of uninsured edged up to 49.9 million, the biggest in more than two decades."

How many people do you know who are struggling to get by?  How many new jobs do you see becoming available around you?  Using those two benchmarks it is my belief (as I've said before) that all signs point to us being in the early stages of a Second Great Depression.  If the issues in Europe really hit the fan (which could happen very soon) things could get interesting very quickly. 

No comments:

Post a Comment