Good choice there, Latinos!
Latino poverty rate climbs to 28%:
While Latinos are gaining in political clout, they are also falling down the economic ladder, new Census numbers show.
Latinos poverty rates climbed to 28 percent after the census reconfigured its algorithm to take into account medical costs and government programs. The Hispanic poverty level rose after the government took into account safety-net programs such as food stamps and housing, which have lower participation among immigrants and non-English speakers.
Overall, the ranks of America's poor edged up last year to a high of 49.7 million, based on the new census measure.The numbers released Wednesday by the Census Bureau are part of a newly developed supplemental poverty measure. Devised a year ago, this measure provides a fuller picture of poverty that the government believes can be used to assess safety-net programs by factoring in living expenses and taxpayer-provided benefits that the official formula leaves out.
Based on the revised formula, the number of poor people exceeded the 49 million, or 16 percent of the population, who were living below the poverty line in 2010. That came as more people in the slowly improving economy picked up low-wage jobs last year but still struggled to pay living expenses. The revised poverty rate of 16.1 percent also is higher than the record 46.2 million, or 15 percent, that the government's official estimate reported in September.
Due to medical expenses, higher living costs and limited immigrant access to government programs, people 65 or older, Hispanics and urbanites were more likely to be struggling economically under the alternative formula. Also spiking higher in 2011 was poverty among full-time and part-time workers.
The portrait of poverty broken down by state notably changed. California tops the list, hurt by high housing costs, large numbers of immigrants as well as less generous tax credits and food stamp programs to buoy low-income families. It is followed by the District of Columbia, Arizona, Florida and Georgia. [...]
Makes no difference. “Latinos” are even worse off in their native countries, as they have been pretty much always, and they just keep going for the same failed leftist BS and/or the same sort of wretched “leader” (Chavez, Ortega, Correa, Morales, etc.). Even resource-rich countries like Venezuela, Mexico and Argentina stay mired in the same old miserable rut, because the people NEVER learn from their LONG history of WRONG approaches. They just keep waiting for the next “redeemer” to promise them paradise, again, as if you can just get that from the government in exchange for basically nothing. It’s the same scenario as with Charlie Brown, Lucy and the damn football. They ALWAYS fall for the same false promises, over and over and over. They’re perfect for the Dem plantation.