- See more at:
http://www.cnsnews.com/news/article/terence-p-jeffrey/census-obama-s-1st-term-real-median-income-down-2627-people-poverty#sthash.wymVAvzN.dpuf
Thursday, September 19, 2013
Census on Obama’s 1st Term: Real Median Income Down $2,627; People in Poverty Up 6,667,000; Record 46,496,000 Now Poor
CNSNews.com)
- During the four years that marked President Barack Obama’s first term
in office, the real median income of American households dropped by
$2,627 and the number of people in poverty increased by approximately
6,667,000, according to data released today by the Census Bureau.he record total of approximately 46,496,000 people in the United
States who are now in poverty, according to the Census Bureau, is more
than twice the population of Syria, which, according to the CIA, has 22,457,336 people.n 2008, the year Obama was elected, real median household income in
the United States was $53,644 according to the Census Bureau. In
2012, the last full year of Obama’s first term, median household income
was $51,017. Thus, real median household income dropped $2,627—or 4.89
percent—from 2008 to 2012.n fact, real median household income dropped in every year of
Obama's first term. In 2008, when he was elected, it was $53,644. In
2009, the year he was inaugurated, it dropped to 53,285. In 2010, his
second year in office, it dropped to $51,892. In 2011, his third year in
office, it dropped to $51,100. And, in 2012, his fourth year in
office, it dropped to $51,017.t the same time the number of people living in poverty in the United
States increased. In 2008, according to the Census Bureau, there were
approximately 39,829,000 people living in poverty in this country. In
2012, there were 46,496,000. That is an increase of approximately
6,667,000—of 16.73 percent—from 2008 to 2012.he number of people in poverty increased during three of the four
years of Obama's first term--taking a slight dip from 2010 to 2011, but
then rising again from 2011 to 2012. In 2008, there were 39,829 people
in poverty in the U.S. In 2009, it climbed to 43,569. In 2010, it
climbed again to 46,343. In 2011, it dipped to 46,247. And, in 2012, it
climbed to an all-time high 46,496.n 2008, the year Obama was elected, people in poverty represented
13.2 percent of the national population. In 2012, they represented 15.0
percent of the population.he income threshold at which a person was determined to be in
“poverty,” according to the Census Bureau, depended on the size of their
household. If a person lived by themselves and earned less than
$11,270 in 2012, they were considered to be in poverty. A family of two
people was considered in poverty if they earned less than $14,937. The
threshold for a family of three was $18,284, for a family of four it
was $23,492, and for a family of five it was $27,827.he data reported here on real median household income and the number
of people in poverty come from the Census Bureau’s report “Income, Poverty and Health Insurance Coverage in the United States: 2012,” which was released today.NSNews.com is not funded by the government like NPR. CNSNews.com is not funded by the government like PBS.
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