Tuesday, September 13th, 2011 at 12:00 pm
iHipHop is not exactly the home of real news, however I think this information is very significant. I am a firm believer in the importance of the middle class, a class that seems to be dissapearing in modern American society. A small group of people are richer than they have ever been, and a much larger group of American is poorer than they have ever been.
Right now rap seems to be all Louis Vutton scarfs and chopped up Maybachs. I’m not so sure it is the best reflection of the people rappers are supposed to be representing. It seems like some of the younger rappers are taking note of that. Hip-Hop might be hair metal right now, but the realities of America may be catching up with it. Just some food for thought.
(Reuters) – The number of Americans living below the poverty line rose to a record 46 million last year, the government said on Tuesday, underscoring the challenges facing President Barack Obama and Congress as they try to tackle high unemployment and a moribund economy.
(Yahoo) – More than a fifth of Americans under the age of 18 lived in poverty last year, new U.S. Census figures show.The poverty rate for children rose from 20.7 percent in 2009 to 22 percent last year, making kids more likely than any other age group to be poor. For children under the age of 6, the picture is even bleaker–25.3 percent of them lived in poverty last year. Overall, 15 percent of Americans were poor last year, the highest rate since 1993. (The poverty line is $22,314 pre-tax income for a family of four, not including non-cash benefits, like food stamps.)