Number of Americans in Poverty Hits Record High

But clearly we need to give more tax breaks to the super-rich and big businesses:

The US poverty rate rose in 2010 to 15.1 percent, the highest rate since 1993, the Census Bureau reported Tuesday in another sign of a sputtering economy following a deep recession.

The report showed a sharp increase in poverty from 14.3 percent in 2009, and a fourth consecutive rise in the number of people below the poverty threshold, to 46.2 million.

The number of people in poverty was the highest since data collection began in 1959, although the rate was 7.3 percentage points lower than in 1959.

This is absolutely shameful, and it’s proof positive of the fact that tax cuts for the super-rich and corporations don’t do much for the folks who need help the most.

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