Poverty rises amongst non- Americans, number of uninsured falls
Posted on Aug 29, 2008 under Uncategorized |There’s some good news as well as some bad news for America. Starting off with the not- so- good one, poverty levels in the United States seem to have got steady with time. In the past financial year, there was no rise in poverty though this cannot be said of the bigger picture. Certain non- American groups have definitely seen a rise in poverty and this does not speak well of the nation in any way. A breather, though, comes in the form of an improvement in the number of insured persons in the nation. With improving facilities, the number of uninsured persons have fallen considerably by about 1.3 million between 2006 and 2007.
While this is good news, the nation can’t rest at that. Globally, inflation continues to rise and naturally has had adverse affects on United States as well. The middle class, especially. is finding it difficult to cope up with this phase of financial crisis what with the figures giving off no reason to celebrate. The median income of an average household has increased by just a little more than $600. The Government, though, may be jubilating about the fact that this is the third straight rise in a time frame of three years.
According to economists the situation is not as bright as it comes across to the Government. At least this is how Jared Bernstein, a senior economist looks at the fact that over the last seven years the median income has stayed almost the same
The American work force is baking a bigger economic pie, but the slices haven’t grown at all.
While the Bush Government could not achieve much in this area, it is inspiring to see the new Presidential candidates take an avid interest in the people and their betterment.

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