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October 26th, 2012 2:47 pm
Obama and America’s Historic Poverty Rate

Byron York says when it comes to talking about America’s historically high poverty rate, “Barack Obama ignores the issue when it comes time to campaign. A sky-high poverty rate doesn’t fit his theme that things are getting better. So he doesn’t talk about it.”

“But the problem is still there. According to the Census Bureau, the poverty rate has gone from 12.5 percent in 2007 to 13.2 percent in 2008 to 14.3 percent in 2009 to 15.1 percent in 2010 to 15.0 percent in 2011. The last time it was higher than 15.1 percent was in 1965, when the nation’s anti-poverty programs were just taking effect.”

For all his pretensions about being the next FDR, it looks like President Obama’s tenure could signal the death knell for LBJ’s expensive and failed Great Society.

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