October 6, 2011
More evidence that for many, the “recovery” hasn’t been much better than the recession.
Nearly half of all Americans lived in a household that received some kind of government benefit during the first three months of last year, the Wall Street Journal reports, based on new Census data. That’s even higher than the figure recorded during the depths of the Great Recession.
Just over 48 percent of Americans lived in households that took in benefits during the first quarter of 2010–up from 44.8 percent in the third quarter of 2008, the heart of the downturn.
This article was posted: Thursday, October 6, 2011 at 12:00 pm