Saturday, September 12, 2009

US: Economy: Poverty increases for American by millions due to recession, says US Census Bureau in annual report

Analysts Carol Morello and Dan Keating reporting for Washington Post (Sept11,2k9) baldly declares

Millions more

thrust into


Poverty
Decade of Headway in Household Income Erased, Census Data Find

A new comprehensive economic survey shows that the recession has plunged 2.6 million more Americans into poverty, wiped out the household income gains of an entire decade and pushed the number of people without health insurance up to 46.3 million.

The grim economic statistics unveiled Thursday in the Census Bureau's annual report on income, poverty and health insurance are destined to grow bleaker. Since the data were collected in the spring, millions of people have lost their jobs.
The entire 2-digipages article is important to read to get a key documented and presumably non-partisan statistical analysis of poverty USA, events and apparent trends, and an array of factors (a multifactoral historiographical work of nearly-contemporaneous days to our own, really!) -- of course such docs are riddled and grilled with question marks by the early regiment of analysts analyzing the foundational doc of stats, but there's hardly anything more objective -- except the actual definition of, say, a family of four earning $22,000 annually.

There are Christian economists who woud make such a definitive statistical study on the topic at hand -- trends increasing the number of unemployed poor in America, and the role of the sequence of events Freddie & Fannie instrumentalizing the policy of mortaging insolvents, the gaming of the foregoing that enflamed a financial overburn that resulted in the Wall Street Meltdown, the TARP Bush-Obama Stimulus, and now the Healthcare Showdown @ ~Okay Corral -- as the methodologically favoured discourse consequent to the Preferential Option for the Poor, a Vatican II doctrine, that is the foundation of faith itself it woud seem to Roman Catholic leftwingers and socialjustice activists. God bless them, as He sees fit, I woud say.

Now, a funny thing happened on the way to this blog-entry. I heard the figure of 47 millions of Americans without healthcare. We all heard that in the early days of the quantification of how many govt-insured woud get healthcare, but who didnt have any health insurance. That figure was soon itself analyzed: how many in the 47M class are illegal aliens in USA?

In the media, the figure got whittled down subset by subset of the original figure. It was first sliced by a discount of illegal/undocumented aliens who accounted for 12 or so Millions. Then it was cut by young people who woud rather risk

Then, did I hear wrong when President Obama himself accepted a large part of the whittling down by the media, himself coming to the 30M figure. Didnt I hear him say this while he gave one of last week's hustles on TV? Didnt I hear responsible punditi acknowledge that the Prez acknowledged in his "State of the President" Address to both Houses of Congress, did these punditi not notice his concession in the counting of people to be covered who are otherwise unable to insure themselves against medical exigencies in their lives?

But if I'm not completely stoned, I woud maintain that the Census Bureau's annual report examines statistically by several factors the number of those without healthcare insurance. What about the whittling down from 47 to 30?

Update:
There are now more than 30 million American citizens who cannot get coverage. The foregoing is quoted from the text of the speech (Sept 9,2k9), available at the White House website, scroll down about a sixth of the long digipage.

-- EconoMix

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