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Hope & change? Povery rate soars to 1 in 6

Hope & change? Povery rate soars to 1 in 6

I'm not sure if the "rise of the oceans began to slow" or if "our planet began to heal" since Obama was elected, but according to the latest Census data, poverty is making a comeback:

The ranks of America's poor swelled to almost 1 in 6 people last year, reaching a new high as long-term unemployment left millions of Americans struggling and out of work. The number of uninsured edged up to 49.9 million, the biggest in more than two decades.

The Census Bureau's annual report released Tuesday offers a snapshot of the economic well-being of U.S. households for 2010, when joblessness hovered above 9 percent for a second year. It comes at a politically sensitive time for President Barack Obama, who has acknowledged in the midst of a re-election fight that the unemployment rate could persist at high levels through next year.

The overall poverty rate climbed to 15.1 percent, or 46.2 million, up from 14.3 percent in 2009. The official poverty level is an annual income of $22,314 for a family of four.

Update:

Townhall's Guy Benson reminds us that it wasn't too long ago that President Obama promised that his his $825 billion Recovery Act would "lift two million Americans from poverty":

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