One hundred million US residents—one third of the US population—live in households with perilously low incomes, according to a recent report from the US Census Bureau. The shocking figures were derived from the Supplemental Poverty Measure (SPM), an alternate measure of poverty and income that was released in November.
The SPM has been under development by the Census Bureau, working with the National Academy of Sciences, since the mid-1990s. This is the first year it has been formally released. By law, it is not allowed to replace the official poverty level in determining funding levels for existing social programs.
Under the alternative measure the portion of the US population that is poor or near poor rises to 33 percent, up from 25 percent under the Census Bureau’s official measure.
In a comment to the New York Times, Trudi J. Renwick, the bureau’s chief poverty statistician, said, “These numbers are higher than we anticipated. There are more people struggling than the official numbers show.”
That's really disturbing. OWS has taken up way too much press attention. All the outlets that have wasted so much time on OWS should be forced to spend one day on children living below poverty.
"Iraq snapshot" (The Common Ills):