Debbie Weinstein for MomsRising: The Great Unshared Recovery: Millions of Us Are Worse Off Than in the Great Recession

September 22, 2013

Officially, the Great Recession ended in 2009.  But after three years of “recovery,” there were 6.7 million more people living in poverty than in 2008, a recession year.  We’ve been stuck with 15 percent of our people in poverty for three years.  In the 2008 recession year, 13.2 percent were poor.  Forty-six million poor people is a big and troubling number.  But that is only part of the story of unshared recovery.  More than one-third of us – 106 million people – are near poor, living one lay-off or health disaster away from very hard times.  (For a family of four, if your income was below $23,492 you were considered poor in 2012; near poor is defined as below $46,984 for a family of four, or below $36,568 for a three-person family.)