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It strikes me that more than ever economic news has been rather confusing. Maybe that's why they call it the "dismal science", because as far as being a science goes, it might as well be astrology.

"If a Cancer or Libra is in office, the economy shall sucketh grandly. If a fire sign be in office, hoo-ah. Now there's some growth!"

Or something like that.

Yesterday I posted some information from the Bureau of Labor Statistics. Today, The Census bureau chimed in.

Here's the horses mouth, for those who caught glimpses of the article in various news sources around the country: http://www.census.gov/hhes/www/poverty03.html.

What I'm referring to, is that the population of those below the poverty line is growing, and it's been growing for three straight years. What will the counter argument be to this? That we're able to get so much more for our dollar below the poverty line, now? Certainly that doesn't include rent.

Date: 2004-08-26 06:06 pm (UTC)
From: [identity profile] canyoncat.livejournal.com
Yeah, I heard that on the national news tonight... rather discouraging news it is.

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