Census reveals 45m Americans living in poverty
One in seven Americans is living below the poverty line, it was revealed yesterday.
Read more: http://www.thisismoney.co.uk/news/article.html?in_article_id=514732&in_page_id=2&position=moretopstories#ixzz0zjSAQ9yQ
With 45mn Americans officially designated as poor, the US census figures reflect the worst decline in living standards for more than half a century.
Child poverty also increased last year to more than one in five. That compares to one in three children in developing African nations.
The grim statistics are another serious blow to President Barack Obama and his Democrat Party and will be a key issue in the looming mid-term elections.
The American government sets the poverty line at £14,000 a year for a family of four.
Read more: http://www.thisismoney.co.uk/news/article.html?in_article_id=514732&in_page_id=2&position=moretopstories#ixzz0zjS78I1i
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