U.S. Senator Charles E. Schumer and Representative Carolyn B. Maloney, Chairman and Vice Chair respectively of the Joint Economic Committee (JEC), held a hearing on poverty in the United States on Thursday, September 25, 2008. The JEC hearing entitled, Leave No Family Behind: How Can We Reduce the Rising Number of Americans Families Living in Poverty?, featured Mayor David N. Cicilline and poverty experts who will examine whether the outdated federal poverty measurements are preventing resources from reaching families and elderly Americans and what legislation may be appropriate to drastically reduce the number of U.S. families living in poverty. Since 2000, the number of Americans living in poverty jumped by 5.7 million to 37.3 million; and the poverty rate rose to 12.5 percent in 2007.
This is our only hope of getting all of this mess fixed: watch?v=65-vfc40pcc
watch?v=UE0VaUm51z8
If America is too not go belly up we have to do this now!
I don't agree with all this man has to say, but on this ecconomic system he is dead on right.
I give the dollar from 2-8 weeks to bottom out if this 700 billion dollar bailout is passed.
h2opower 3 years ago