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This forum post is hidden because you have chosen to ignore tammigirl. Show Details
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Posts: 661 Joined: August 11, 2010 Last Post: September 5, 2012
This is in health care (for those who can't figure it out for themselves) as it directly rates to insurance premiums and who will be paying what under obamadoesn'tcare. How many of those without jobs will still have money for health insurance? How much will it cost the taxpaying American to pay for the millions out of work under obama?
The share of Americans without health coverage rose from 16.1 percent to 16.3 percent — or 49.9 million people — after the Census Bureau made revisions to numbers of the uninsured. That is due mostly to continued losses of employer-provided health insurance in the weakened economy.
Unemployment Jan 2009 when obama took office 7.8%
Unemployment today after billions and billions of wasted tax dollars and 2 1/2 years of obama's job creation 9.1%
Lowest unemployment rate since obama took office? 7.8%! Yes it started climbing the first month and never looked back.
NOTE: First two years of obama "presidency" there was a democratic controlled House and Senate that could have passed any jobs Bill it wanted to, just like it did with health care!
Imagine that, not one thing he or the democrats have done or the hundreds of billions thrown away have done anything to reduce unemployment.
If his jobs plan is so wonderful, why did he wait 2 1/2 years to release it?
Under Obama US poverty rate swells to 1 in 6
WASHINGTON (AP) - The ranks of America's poor swelled to almost 1 in 6 people last year, reaching a new high as long-term unemployment left millions of Americans struggling and out of work. The number of uninsured edged up to 49.9 million, the biggest in more than two decades.
The Census Bureau's annual report released Tuesday offers a snapshot of the economic well-being of U.S. households for 2010, when joblessness hovered above 9 percent for a second year. It comes at a politically sensitive time for President Barack Obama, who has acknowledged in the midst of a re-election fight that the unemployment rate could persist at high levels through next year.
The overall poverty rate climbed to 15.1 percent, or 46.2 million, up from 14.3 percent in 2009. The official poverty level is an annual income of $22,314 for a family of four.
Reflecting the lingering impact of the recession, the U.S. poverty rate from 2007-2010 has now risen faster than any three-year period since the early 1980s, when a crippling energy crisis amid government cutbacks contributed to inflation, spiraling interest rates and unemployment.
Measured by total numbers, the 46 million now living in poverty is the largest on record dating back to when the census began tracking poverty in 1959. Based on percentages, it tied the poverty level in 1993 and was the highest since 1983.
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