In the transcript of an interview between Jeffrey Brown of PBS and Elizabeth Kneebone of the Brookings Institution, it was stated:
New census data out today showed one in 15 Americans now lives in extreme poverty, the poorest of the poor, defined as earning less than 50 percent of the official poverty line. In 2010, that meant an income of around $5,500 for an individual and just over $11,000 for a family of four.
In other news, the candidates for the 2012 presidential election have, so far, raised over 186 million dollars for their campaigns.
Does anyone else think that $186 million could be better spent?