Almost half of Americans are low income
 

Information from the most recent United States Census indicates that the economic pic-ture for many people isn't specifically an im-age of wine and flowers. Housing and child care are said to eat a lot of income of the amount of Americans said to be low income, which is now almost half the population. Most Americans require short term loans at some time because of this. (See: https://personalmoneynetwork.com/short-term-loans/)



Survey of mayors finds individuals going hungry



MSNBC reports that the United States Conference of Mayors did a survey in 29 cities in the United States that shows several negative things. There were only four cities that did not show increases in food stamps and food assistance from 2010 to 2011.



Most people that wanted food aid weren’t employed either. Only 26 percent who wanted the aid were. Almost 50 percent were families and 19 percent were elderly. The homeless accounted for 11 percent. There was an increase to 13.6 million households that got food subsidies. That was a 16 percent jump.



There was a six percent increase in the homeless population on average for all 29 cities.



Wealth not common in The United States



The 2010 Census showed that “low income” is now considered everyone in The United States who makes under $45,000 annually. About half of all Americans fit into this category, according to the Daily Mail. CBS reports that this is by family of four, not individuals. About 48.1 percent of Americans fall into that category. This involves 146.4 million people.



The New York Times reports that $22,314 is the poverty level for a family of four which 97.3 million individuals make 100 to 199 percent of.



A third of income going to-wards housing is probably the most anyone should pay for it. About 62 percent of low income families are paying that much. Child automobile was about one fifth of income for a lot of peo-ple.



Wages going down from the past



Lower incomes are because of falling wages, most assume. The poorest 20 percent of Ameri-cans are making much less in 2010 than they did in 1979. There was a decrease of, when adjusted for inflation, over a thousand dollars from $16,788 to $15,000. Wages have been around $37,000 continuously for the next 20 per-cent.



The national average income, according to the New York Times, has fallen from the 1999 peak of $53,252 to $49,445 in 2010, a seven percent decline.



There was a 64 percent increase in the typical riches for the top five percent to $313,000 since 1979, according to CBS.



Sources



MSNBC

Daily Mail

CBS

New York Times

Re: Almost half of Americans are low income
 

What is "child automobile"?

Re: Almost half of Americans are low income
 

So many things cause poverty, no cookie cutter for all situations. It does seem many bring it on themseelves while others have things happem beyond there control.

Re: Almost half of Americans are low income
 

I have a small pension from 32 years with General Electric.
My wife and I both collect Social Security.
Between us we have an income which is about 65 percent of my 1997 income.
Since costs have risen since 1997 and continue to rise but the pension and Social Security remain stable (except for an occasional Social Security increase based on cost of living increases) I have no idea how my current income compares to the 1997 income in actual dollars.

With our combined pension and two Social Security checks we are a family of two living on about $50,000 per year.

We have paid off our home which is now about 42 years old. The homes in our neighborhood/city ordinarily sell/transfer for about 61 percent of their appraised value so we have lost that.

Charitable giving is a little over 10 percent.
Medicare and Medicare supplement take about 10 percent.
Groceries are 13 percent.
Utilities are about 10 percent.
Each year the federal government requires us to withdraw money from what little savings we have. We have to pay taxes on whatever is withdrawn. Money withdrawn from the savings goes into the checking account for food, utilities, etc.
Of course we have to pay taxes on the pension and Social Security.

Thank God for God's provision. We are elderly but in fairly good health and are not homeless.

Re: Almost half of Americans are low income
 

Understand your leaders, and where they will lead you. It isn't even a conspiracy. The book ref'ed in this article, or other info like it, is essential for understanding your present world imo, gents. http://forums.wikihow.com/discussion...reich/#Item_16
with a little help from a small conspiracy, maybe, at the Council of Trent
http://www.wikihow.com/Recognize-the...ristian-Models
and no doubt some third leg that isn't coming to me at the moment...we have the political and the spiritual manips...little help?

um, 4 hidden estates; political, educational, media, ...
Oh, ya, and don't forget the fluoride, toxic at 1ppm, and broken food
http://www.wikihow.com/Avoid-Illness...-and-Nutrition
whatever the 4th estate is, lol

econiomic.

Re: Almost half of Americans are low income
 

Since the two US presidents, Americans have been paying the price with increased unemployment and the loss of number of benefits. I wonder when this bleak picture would improve.