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Six Figures Is The New Poor, The Benchmark That Lied To America
Wednesday, November 26, 2025 - 2:37pm | 729Read More...Now and then, you stumble upon a metric so obviously broken that it forces you to re-evaluate everything you thought you knew about how America works. The latest in a line of such relics is the poverty line. This benchmark, which determines who's "poor," who gets benefits, and who supposedly counts...
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Trump Tariffs To Push 875,000 Americans Into Poverty? Survey Sizes Up Economic Impact
Friday, September 12, 2025 - 5:10pm | 651Read More...The economic impact of tariffs from President Donald Trump could be felt by Americans now and in the coming months, as higher costs for imports could lead to companies passing costs onto consumers. A new survey suggests that low-income consumers may be the ones hurt the most. What Happened: ...
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Record Severe Poverty II
Tuesday, September 13, 2011 - 12:19pm | 671Read More...The Census Bureau has released estimates of poverty in 2010. Coverage focused on the headline poverty rate which is horrible enough. Much worse, 6.7% of people in the USA suffered severe poverty, that is lived in households with income less than half the poverty line. This is the highest severe...
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Government Report Poverty Rises to 46.2M, or 15.1% of Population - Reality Far Worse
Tuesday, September 13, 2011 - 12:04pm | 1395Read More...A few years ago I did a post on the poverty rate in the country [Sep 11, 2009: US Poverty Rate Rises to 11 Year High - But Still Vastly Understated] - it become one of my most widely commented posts over at Seeking Alpha as I declared it's all hocus pocus mostly due to the fact what the government...
