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Tuesday, January 22, 2013

Poverty factoids may affect Obama's legacy

According to speakers at the Martin Luther King, Jr. Birthday Celebration in Atlanta, within walking distance of the MLK Center there are 5,000 families living who earn less than $3,000 annually and at any given time, 10 families live with single mothers in cars in metro ATL.

How will these poverty facts affect Obama's second term, and will they have a bearing on whether Mayor Kasim Reed will be reelected in Atlanta?

Other poverty facts:

Among single parent (male or female) families, 44.0% of all black persons (which includes black Hispanics), lived in poverty.

In FY 2009, black families comprised 33.3% of TANF families, non-Hispanic white families comprised 31.2%, and 28.8% were Hispanic.

A recent NPR report states that as much as 30% of Americans have trouble making ends meet and other advocates have made supporting claims that the rate of actual poverty in the US is far higher than that calculated by using the poverty threshold.

In 2012, it was estimated that roughly 38% of Americans live "paycheck to paycheck."

The U.S. Department of Education predicts that the average cost of college tuition continues to rise at a rate of 4.5 % at private universities and 8.3 % at public colleges

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