PAUL BUCHHEIT FOR BUZZFLASH AT TRUTHOUT
Recent reports suggest that almost 50% of Americans are in poverty or at a “low income” level. The claim is based on a new supplemental measure by the Census Bureau that includes health care, transportation, and other essential living expenses in the poverty calculation.
The concept of “low income” is controversial. It has been defined as earnings between 100 and 199 percent of the poverty level, a claim which, if true, would place every American family making $50,000 or less at a near-poverty level.
Conservative organizations believe the whole ‘poverty’ issue is overblown. The Cato Institute blames
Article source: http://blog.buzzflash.com/node/13234