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Poverty in America 2008 - Overview

The U.S. Census Bureau has released its annual report Income, Poverty, and Health Insurance Coverage in the United States: 2007 [PDF].

Graph-elderly poverty rate in America

Click on graph for large image

Here is a comparison of recent Presidents. At this level of rounding, no difference from the 2007 report.

TERM AVG % ALL AVG % FAMILIES
Reagan I 14.7 13.3
Reagan II 13.5 12.0
Bush 41 13.8 12.4
Clinton I 14.3 12.8
Clinton II 12.3 10.7
Bush 43 I 12.3 10.5
Bush 43 II 12.5 10.7

In 1981, 30% of Americans earned under $25,000 a year, and 41% earned over $50,000 per year. In 2007, 25% earned under $25,000 and 50% earned over $50,000 a year.

The average poverty rate for all Americans for the first seven years of the Reagan terms was 14.2%. For the first seven years of Bill Clinton’s terms, it was 13.6%. Under George Bush, the average poverty rate for 2001-2007 is 12.4%.


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4 Responses to “Poverty in America 2008 - Overview”


  1. [...] According to America’s north Shore Journal: The average poverty rate for all Americans for the first seven years of the Reagan terms was 14.2%. For the first seven years of Bill Clinton’s terms, it was 13.6%. Under George Bush, the average poverty rate for 2001-2007 is 12.4%. [...]


  2. [...] today continues to remain below those Clinton years: America’s North Shore Journal reported: Poverty in America 2008 - Overview [...]


  3. [...] to the US Census Bureau, the poverty rate today continues to remain below those Clinton years: America’s North Shore Journal reported: The average poverty rate for all Americans for the first seven years of the Reagan terms [...]


  4. [...] been lower (5.197) than under President Clinton (5.205). Also, the average poverty rate is lower as North Shore Journal reports. Check [...]