FT.com / US / Society - US workers? poverty reaches 50-year high Is it absolutely aweome if you're a conservative these days??? How embarrassing is this?? Evidently "Hope and Change" really meant "Hope then Chains!!". Amid all the disasterous news of the economy lately, now this!!! Check this sh!t out.................... US workers poverty reaches 50-year high By Robin Harding in Washington Published: September 16 2010 18:21 | Last updated: September 16 2010 18:21 Poverty among the working-age population of the US rose to the highest level for almost 50 years in 2009, as the human cost of the deepest economic downturn since the Great Depression was laid bare in new census data. Poverty among those aged 18 to 64 rose by 1.3 percentage points to 12.9 per cent the highest level since the early 1960s, prior to then-president Lyndon Johnsons War on Poverty. The overall poverty rate rose by 1.1 percentage points to 14.3 per cent, the highest since 1994. EDITORS CHOICE Fall in US jobless claims offers hope - Sep-16.In depth: US mid-term elections - Sep-15.Editorial Comment: Obama should do more - Sep-07.Lex: Fiscal policy and economics - Sep-09.US industrial production slows in August - Sep-15.Rising US retail sales lift consumer hopes - Sep-14..The rise in working age poverty was driven by the jump in the unemployment rate to 10 per cent during 2009. It is a bitter blow to Barack Obama, US president, who campaigned on a promise to cut poverty, and the data may further harm the already difficult prospects for Democrats in Novembers mid-term elections to Congress. The overall message is that weve erased all of the gains in poverty that were made in the 1990s, said Elise Gould of the Economic Policy Institute, a left-of-centre Washington think tank. Ooooooooooooooooops!!!!!!!!!!