US poverty rises, incomes fall

The Census Bureau reports that over 12% of Americans lived in poverty last year. That comes to about 34.6 milion US citizens. Median household income also declined 1.1%. The poverty level increased and median income decreased for the second straight year.

Blame Bush, or Clinton, if you must. But there are clearly deeper problems when 12% of the citizens of the wealthiest country in the world live in poverty.

ADDITION: Jared Bernstein, a colleague of MaxSpeak's at EPI, examines issues with the Census Bureau's method of determining poverty.

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