U.S. Poverty Jumps the Most in 60 Years
December 30th, 2020The pandemic did this. The pandemic did that.
Wrong.
Governments caused this disaster.
Via: CBS:
Of the various measures of the coronavirus pandemic’s comet strike on the U.S. economy, one especially reveals the size of the crater: Over a six-month period, nearly 8 million Americans have tumbled into poverty.
The nation’s poverty rate in November jumped to 11.7%, up 2.4 percentage points from 9.6% in June — the biggest one-year increase in the 60 years that the government has been keeping numbers, according to new research from three universities.
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