The number and sorts of economic records being set by the Obama economy keep mounting. At this moment the United States has a post-Depression era record high number of citizens living at or beneath the federally-defined poverty line; a record high number on the federal welfare foodstamps/SNAP program; a record low workforce participation number; and now six-and–half years into the Obama presidency the economy has set yet another new statistical low.
According to a new report by the Annie E. Casey Foundation last week, a greater percentage of U.S. children live in poverty now than during the Great Recession. The study shows poverty rates among all children have grown since 2008 when the rate was 18 percent; it increased to 22 percent by 2013.
The report highlights particularly bleak news for black-American, American Indian, and Latino children, among Obama’s strongest support blocs, stating, “On nearly all of the measures that [it] track[s], African-American, American Indian and Latino children continued to experience negative outcomes at rates that were higher than the national average….During the last three months of 2014, the unemployment rate for whites and Asian Americans was roughly 4.5 percent, compared with a devastating 11 percent for African Americans and 6.7 percent for Latinos.”
Almost 40 percent of African-American children now live in poverty.
The report examined data from several federal agencies ranging from 2008 to 2013 to assess state-by-state trends of 16 factors of children’s well-being, including economics, education, health and family and community. It found that one in four children — a total of 18.7 million kids — lived in low-income households in 2013; low-income families were defined as those who use more than 30 percent of their pre-tax income for housing. Black, Hispanic and American Indian children were more than twice as likely to live in poverty than white children, the report said.[Note: This article was written by Derrick Wilburn and originally appeared at American Conservatives of Color].