Number Of People Living In Extreme Poverty Up 50% Since 2000

Economics blogger Evan Soltas broke down census figures and found that since 2000, the number of people living in “extreme” poverty — that is, incomes totaling less than half of the federal poverty line — has climbed an astounding 50 percent, accelerating most dramatically after the recession began four years ago. In 2010, 6.7 percent [...]



via ThinkProgress http://thinkprogress.org/economy/2012/06/23/505161/number-of-people-living-in-extreme-poverty-up-50-since-2000/?mobile=nc