More Than 1 in 5 U.S. Children Poor, Census says

By Reuters

The number of children in the United States considered poor rose by 1 million in 2010, the U.S. Census said Thursday, with more than one in five of the youngest Americans now living in poverty.

http://www.informationclearinghouse.info/article29760.htm



First Steps in Reforming the U.S. Financial and Tax System

By Michael Hudson

When debts reach today s proportions, a basic economic principle is at work: Debts that can t be paid; won t be. The question is, just how are they not going to be paid?

http://www.informationclearinghouse.info/article29764.htm

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'Near Poor' Struggling Just Above Poverty Startle the Census

Jason DeParle, Robert Gebeloff and Sabrina Tavernise, The New York Times News Service: 'When the Census Bureau this month released a new measure of poverty, meant to better count disposable income, it began altering the portrait of national need. Perhaps the most startling differences between the old measure and the new involves data the government has not yet published, showing 51 million people with incomes less than 50 percent above the poverty line. That number of Americans is 76 percent higher than the official account, published in September. All told, that places 100 million people - one in three Americans - either in poverty or in the fretful zone just above it.'

http://www.truth-out.org/near-poor-struggling-just-above-poverty-startle-census/1321722493



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