Monday, November 5, 2012

Election 2012: What about the poor?

One wants to strengthen the nation's existing safety net. The other wants to overhaul it.

President Obama and challenger Mitt Romney have vastly different views on how to help the 46.2 million Americans in poverty and the more than 30 million people who are near poor.  The president leans toward expanding the programs that exist, while the Republicans say they will set up a system that fosters economic opportunity instead of government dependency.

The ranks of the poor and the government programs that assist them swelled during the Obama administration, largely because of the Great Recession. The number of people in poverty jumped 16% between 2008 and 2011, while the Medicaid rolls jumped 23.5% over that time. Food stamp enrollment soared 46% during his term.

 http://money.cnn.com/2012/11/05/news/economy/obama-romney-poor/index.html