Poverty is Skyrocketing

According to the new census data realeased this Tuesday, America’s poverty rate rose 15.1 percent in 2010 the highest since 1993! YIKES!!! The government considers the income of $22,314 for a family of four living in poverty and $11,139 for a single person.

In 2009, 14.3 percent of American people lived in proverty. About 46.2 million Americans were living in poverty in 2010, which is 2.6 million more than the year before. OUCH!!!

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LaNisha

[VIDEO] President Obama’s Jobs Speech:

Tweet @TheLeague99 and let us know what you thought of Obama’s proposal.

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The Editor

Political Quick Hits: July 8th Edition

Here’s your weekly quick look at few developing stories in the political arena:

• A special election will be held in New York on Sept. 13 to fill the seat that Rep. Anthony Weiner resigned from on June 16th after his #Weinergate scandal. Whoever wins might not have a job for long since the state of New York is going through a redistricting plan that will be finalized  in 2013. Due to a population loss, the ninth district in New York could be pushed out.  (NY Daily News)

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Posted by:

Justin Burkhardt

Hell Nah: Congress Cuts $12 Billion From Food Stamp Fund

spotted at bossip!

During one of the worst national recessions the government has decided to cut $12 billion from the Food Stamp fund, potentially effecting 41 million Americans.

In the midst of Michelle Obama’s campaign to eat well, the Government has decided to help its citizens do just the opposite.

House members convened Tuesday to pass the multibillion-dollar bailout bill for cash-strapped states. The Bill requires that $12 billion be stripped from the Supplemental Nutrition Assistance Program, commonly known as food stamps, to help fund programs that provide $10 billion to school districts. The money will be used to rehire laid-off teachers or ensure that more teachers won’t be let go before the new school year begins, keeping more than 160,000 teachers on the job, the Obama administration says.

Connecticut Rep. Rosa DeLauro, blasted the move as “a bitter pill to swallow” but still voted yes.

“I fought very hard for the food assistance money in the Recovery Act, and the fact is that participation in the food stamps program has jumped dramatically with the economic crisis, from 31.1 million persons to 38.2 million just in one year,” DeLauro said in an e-mail sent to FoxNews.com. “But I know that states across the nation and my own state of Connecticut also desperately need these resources to save jobs and avoid Draconian cuts to essential services for low income families.”

The Food Research and Action Center said a family of four would see benefits drop about $59 per month starting in 2014.

read more after the jump
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Posted by:

The Editor

U.S. economy adds 162,000 jobs in March

The nation’s economy posted its largest job gain in three years in March, while the unemployment rate remained at 9.7 percent for the third straight month.

The increase in payrolls is the latest sign that the economic recovery is gaining momentum and healing in the job market is beginning. Still, the healing is likely to be slow, and most economists don’t expect new hiring to be fast enough this year to rapidly reduce the unemployment rate.
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Posted by:

Biko Baker