Poverty In America Under The Obama Administration Has Hit A 45-Year High

Barack Obama

A new report indicates poverty in America under President Obama has hit a record high, creating the worst levels of financial lack among Americans since 1967. Unemployment also went up again this month, indicating the job sector is still in serious trouble, in an unyielding, negative trend. 

Wealthy, experienced businessman Mitt Romney stated this week he will reduce the poverty gap and inequity in America if elected president and as such is asking for your vote in the November 2012 election

For the first time in years, everyone I know in America has been negatively impacted by a financial crisis. In the past, mostly lower income people suffered. However, the ongoing financial crisis that began in 2008, has touched everyone and the poor and middle class more than others, which is regrettable. 

STORY SOURCE

Record US Poverty Rate Holds As Inequality Grows

Jobless Claims in U.S. Rose More Than Forecast Last Week

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