By: John Besl
In my October post, I reported on the latest national findings on income and poverty from the Current Population Survey. The nation’s official poverty rate increased from 14.3% in 2009 to 15.1% in 2010, while the number of people in poverty grew by 2.6 million. As grim as those numbers may sound, many researchers believe that the official poverty measure, which was developed in the 1960s, understates the true extent of deprivation in the United States.
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