Four decades after a U.S. president declared war on poverty, more than 37 million people in the world's richest country are officially classified as poor and their number has been on the rise for years.Last year, according to government statistics, 1.1 million Americans fell below the poverty line. That equals the entire population of a major city like Dallas or Prague.
Since 2000, the ranks of the poor have increased year by year by almost 5.5 million in total.
Per Yahoo/Reuters.
Comments (1)
It's not all that depressing. Most of the so-called "poor" in America live like kings compared to those in 3rd world countries. Compared to 40 years ago, the poor are a lot better off today.
Posted by Jacob Fink | October 10, 2005 8:29 AM