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ZeroHedge: Chart Of The Day: Americans At Or Below 125% Of The Poverty Level
Sunday, August 19, 2012 19:10
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
From AP: “the number of Americans with incomes at or below 125 percent of the federal poverty level – the income limit for qualifying for legal aid – is expected to reach an all-time high of 66 million this year. A family of four earning 125 percent of the federal poverty level makes about $28,800 a year, government figures show.” And visually…
As usual, if anyone expects these 66 million Americans (over 20% of the US population) to vote for someone who dares to even think about taking away any of the entitlements said tens of millions of people are used to, then by all means buy Las Vegas real estate.
via zerohedge
2012-08-19 19:07:14
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