Wednesday, August 29, 2007

Captain's Quarters

Captain's Quarters: Poverty Rates Drop In US

"The nation’s poverty rate fell in 2006 for the first time this decade, the
Census Bureau reported today, even as the percentage of Americans without health
insurance coverage hit a record high. The results were not consistent across
racial or age groups. For Hispanics, the poverty rate fell by 1.2 percentage
points to 20.6 percent, while for whites, blacks and Asians, it remained
statistically unchanged."


This is what you would expect to see as the Hispanic immigrants become part of the culture and gain more of a stake in the economy. Every group comes into the country at the bottom of the social-economic pile and have to struggle their way to the top. This also points to doubts about the effects of immigration driving down wages, the Hispanic wages wouldn't have risen at all if this is the case.

No comments:

Facebook

Dante Rose Pleiades's Facebook profile