One of CitySquare's great board members sent me this summary of last Wednesday's report on the dramatic growth of poverty in the U.S. over the past year.
Difficult beyond words.
The Dallas Morning News has an article on the front page today: Poverty in US Reaches Record.
46.2 million now live at or below the official poverty line.
Poverty line for family of four is $22,314.00.
Texas poverty rate is up 9% to 18.4%. National average is 15.1%.
Blacks – 27.4%
Hispanic – 26.6%
Asian – 12.1%
White, non-hispanic – 9.9%
Since 2001 median household income has fallen 6.4% to $49,445 in 2010.
Concerning numbers indeed.