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Americans living below the poverty line at all time highs?

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Uploaded by on Nov 7, 2011

According to the 2010 US Census, 46.2 million Americans are living below the poverty line. The poverty line is based on numbers from 30 years ago and some experts calculate that the poverty line for an individual is approximately $31k per year instead of the estimated $10.5k per year. Michael T. Snyder, founder of TheEconomicCollapseBlog.com, gives his thoughts on the poverty line in the US.

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  • Long live capitalism.... just not crony capitalism. End the Fed!

  • @1crimm Yes! We have been prepping for 3 yrs with satored food, etc etc, make ammo on our own with the Lee Reloader, have a good deal of fire arms, cross bows, Silver, land with water sources, no debt, and we have sacrificed to get this way! i don't have anew car or newer clothing or jewlery or nice stuff, Stuff is GARBAGE!! Learn to can and bake and store food an dlearn to hunt and fish and grow!!  SAcrifice nOW!! prepare NOW!! Time is short!!

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  • @TheFunnysamnoob333 no! impeach the Republican assholes.

  • Lets nuke india and all the other fucking countrys except the usa. NOT hahahaha.

  • @TheFunnysamnoob333 u think its a good idea to starve ur own people? goverment needs to stop sending billions of dollars of aid to other countries like india who breed like fucking rabits! look after ur own country first and forget the rest until ur country is very prosperous for all. peace-)

  • Mandatory car insurance.

    If you end that stupid experiment, poverty levels will decrease almost immediately. Also, a bunch of people will freak out about how their rates will increase - as if they haven't been increasing steadily since the stupid laws were put in place to begin with. Give people expanded access to physical mobility, and social mobility will increase as well.

  • Time to be native americans again....

  • destroy food stamps ban porn and problem solved.

  • A basement that is 1 mile deep full of chef boyarde.

  • I live on $8,400.00 a year and I know how to live off the land, so when it all goes down...I WILL SURVIVE, unlike the spoiled rich and the pampered.

  • @savgal1211 Ok, Rambo

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