America's North Shore Journal » Entries tagged with "poverty in america 2008"
Poverty in America 2007 – Overview
The U.S. Census Bureau has released its annual report Income, Poverty, and Health Insurance Coverage in the United States: 2007 [PDF]. 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, … Read entire article »
Filed under: American Economy, Analysis, Original writing, Poverty
Poverty in America 2007 – the Races
Click on a graph to see an enlarged image. INCOME LEVELS 2007 2000 1991 Black – over $25K 61.6% 61.0% 51.7% Black – over $50K 34.3% 32.2% 24.5% Hispanic – over $25K 69.3% 67.4% 60.4% Hispanic – over $50K 38.4% 35.6% 28.7% Clearly the earnings of both blacks and Hispanics over the last 17 years has improved significantly, with more of each population moving in to higher income levels. The average income for all blacks in 2007 was $46,631. This is the third highest average in history, exceeded only by the years 1999 and 2000. The average … Read entire article »
Filed under: American Economy, Poverty
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