Thursday, March 01, 2007

I suppose, to the Bushies, this isn't an economic bug -- it's a feature:

The percentage of poor Americans who are living in severe poverty has reached a 32-year high....

A McClatchy Newspapers analysis of 2005 census figures, the latest available, found that nearly 16 million Americans are living in deep or severe poverty. A family of four with two children and an annual income of less than $9,903 -- half the federal poverty line -- was considered severely poor in 2005. So were individuals who made less than $5,080 a year.

The McClatchy analysis found that the number of severely poor Americans grew by 26 percent from 2000 to 2005. That's 56 percent faster than the overall poverty population grew in the same period.

...Since 2000, the share of poor Americans in deep poverty has grown "more than any other segment of the population," according to a recent study in the American Journal of Preventive Medicine....


This plus (until recently) rising stocks and soaring corporate profits? I think this means you can go now, W. Surely this is what you set out to accomplish. In terms of domestic policy, your work is done.

*****

(If the link above doesn't work, try this.)

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