15 percent of the American people are now below the poverty level and the number is expected to grow because of the lack of economic growth and high unemployment rate according to an Associated Press Survey. Poverty rates among blacks and Hispanics are nearly three times higher. The percentage of poverty-stricken whites is double the number of poor blacks.
The statistics are an indictment of Obama’s failed policies to grow the economy and provide jobs which is why he doesn’t talk about it anymore. Here are the statistics from the survey:
12.6 % of adults in their prime working-age years of 25-60 live in poverty
23% of people between the ages of 35-45 are facing poverty
17.7% of people between the ages of 45-55 are facing poverty
23% of working-class whites are below the poverty level
30% plus of children living in high-poverty neighborhoods are likely to drop out of school or have teenage pregnancies in the future
79% of people face an uncertain economic future by the time they turn 60
85 % of all working-age adults in the U.S. will experience economic problems by 2030
“Poverty is no longer an issue of ‘them’, it’s an issue of ‘us’,” says Mark Rank, a professor at Washington University in St. Louis who calculated the numbers. The numbers come from Rank’s analysis being published by the Oxford University Press. They are supplemented with interviews and figures provided to the AP by Tom Hirschl, a professor at Cornell University; John Iceland, a sociology professor at Penn State University; the University of New Hampshire’s Carsey Institute; the Census Bureau; and the Population Reference Bureau.
These statistics show the sanctimonious hypocrisy behind Obama’s rhetoric that we face just some economic “head winds.” The so-called recovery is the longest in American History and the end is not in sight. The gap between rich and poor has increased, not decreased under Obama. Poverty rates have reached record numbers not seen since the Great Depression. His speeches about helping the middle class are hollowed words because the middle class is moving backwards into poverty.
Despite the facts, 67% of working class non-whites still support Obama. Yet they face the highest crime rates, massive joblessness and greatest incidents of poverty. Their admiration and identity with the first black president remains firm as they slip further and further into poverty. As a result, they face a greater dependency on welfare and future economic insecurity; however, the white poverty population is rapidly catching up to them.
Obama’s and his subservient Democrats continue their post-rationalization of why they failed the American people. They know they can continue to deceive the slow-thinking American population because Americans are not thinkers but feelers who are susceptible to jargon-laden platitudes and not reality. This is why our nation is sinking into an economic mess that will increase once ObamaCare is implemented. Is there any true hope for the future of this nation?