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More Americans in Poverty

I read this sobering statistic from The Epoch Times newspaper this morning "A family of four with two children under 18 years old and an income below $21,756 is considered impoverished according to the Office of Management and Budget's definition of the poverty threshold. A family of two people under 65 years old with no children is considered to be in poverty if their combined annual income is below $14,366."

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (P.S.)To learn more about this statistic, check out Income, Poverty, and Health Insurance Coverage in the United States: 2009 from the Census.gov website. This will give you detailed information about the report.

And according to the National Bureau of Economic Research (NBER), the recession is officially over. Many concerned citizen posted their comments in CNN Money website. You might want to read.

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