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Census Bureau: Poverty Rate Down, Median Incomes Up

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Plato Potato
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« on: September 13, 2016, 02:59:19 pm »

The new batch of numbers is in, and it surprised a lot of people, including Donald Trump and all his mob of doomsayers. The Hair says, "the economy is a disaster, and it's getting worse." Sorry, Donald, you're wrong again!

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The Census Bureau released new numbers on Tuesday showing that, after a brutal economic recession and years of stagnation, real median household incomes rose from $53,718 in 2014 to $56,516 last year. That's a 5.2 percent rise — the first statistically significant increase since 2007.

The official poverty rate decreased to 13.5 percent for last year, a drop of 1.2 percentage points. That represents 3.5 million people who are no longer in poverty and is the largest annual percentage point drop since 1999, the Census Bureau says. "Poverty dropped for whites, blacks and Hispanics, as well as for children and seniors,"

The number of people with health insurance also rose. More than 90 percent of Americans are covered by health insurance — an increase of 1.3 percentage points since 2014, and growth of 4.3 percentage points since the major provisions of the Affordable Care Act, the Bureau says. 

http://www.npr.org/sections/thetwo-way/2016/09/13/493751949/census-bureau-poverty-rate-down-median-incomes-up
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« Reply #1 on: October 13, 2016, 04:58:03 am »

 thumbs up  Good job Plato Potato!! Woo Hoo! I think you missed your calling my friend!  Wink



The new batch of numbers is in, and it surprised a lot of people, including Donald Trump and all his mob of doomsayers. The Hair says, "the economy is a disaster, and it's getting worse." Sorry, Donald, you're wrong again!

Quote
The Census Bureau released new numbers on Tuesday showing that, after a brutal economic recession and years of stagnation, real median household incomes rose from $53,718 in 2014 to $56,516 last year. That's a 5.2 percent rise — the first statistically significant increase since 2007.

The official poverty rate decreased to 13.5 percent for last year, a drop of 1.2 percentage points. That represents 3.5 million people who are no longer in poverty and is the largest annual percentage point drop since 1999, the Census Bureau says. "Poverty dropped for whites, blacks and Hispanics, as well as for children and seniors,"

The number of people with health insurance also rose. More than 90 percent of Americans are covered by health insurance — an increase of 1.3 percentage points since 2014, and growth of 4.3 percentage points since the major provisions of the Affordable Care Act, the Bureau says. 

http://www.npr.org/sections/thetwo-way/2016/09/13/493751949/census-bureau-poverty-rate-down-median-incomes-up
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« Reply #2 on: October 13, 2016, 10:29:05 am »

But, Plato .......... surely, you know that the Clinton crime syndicate controls the Census Bureau.  Why else, would they release such figures (that every conservative knows are inflated and false) so close to the election?  Huh?  Answer me that.

See?  I could be a conservative propagandist, like Tony, if I really wanted.  You just have to let your imagination fly, is all.
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The former will seldom - if ever - achieve the latter.
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« Reply #3 on: October 13, 2016, 10:52:32 am »

Cast nasturtiums if you will, and you know Tony will, but the same agency releases the same results at this time every year, good or bad.
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