More Americans Living Below Poverty Line in 2010 Than Any Other Point in Recorded History, and Other Signs That the Stimulus Worked

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“We will be able to look back and tell our children that this was the moment when we began to provide care for the sick and good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal; this was the moment when we ended a war and secured our nation and restored our image as the last, best hope on earth” — Barack Obama, June 3, 2008

Either that or we’d swirl straight down the crapper. Guess which one happened…

In 2012, Obama should update his slogan to “Hope & (can you spare some) change“:

More Americans were living below the poverty line in 2010 than at any other recorded point in American history, new government data show.

In the first full year after the recession that ran from 2007 to 2009, 46.2 million people fell below the poverty line. That marks the fourth straight year of increases, and the highest number recorded by the government in 52 years of collecting data, the Census Bureau reported Tuesday.

Michelle M. features a chart with a disturbing, but non entirely shocking, trend.

The number of people without health insurance is rising as well, and the number of people on food stamps has ballooned out of control.

For the Obama administration, this is nothing that can’t be solved by “raising taxes on the rich,” giving billions more to union bosses and extending unemployment beyond two years.