September 13, 2011
The nation's poverty rate rose last year to 15.1 percent, the highest level in 17 years, according to new data from the Census Bureau. The agency's latest poverty report, released Tuesday, shows that 46 million people were poor, and that the median income dropped last year by more than two percent to about $49,445.
The richest country in the world? Yes
The developed, civilized country? No