A record number of Americans are living below the poverty line. Ready for the worse news?It's no secret that the economy is in rough shape—but the latest poverty figures released by the Census Bureau on Tuesday are nonetheless shocking. The overall poverty rate has reached a record high and the number of people living in deep poverty—that is, below 50 percent of the poverty level, or $11,000 for a family of four—is the highest its been since 1975. Experts are predicting that things are only going to get worse in the years to come. (Scroll down to see the data.)
Some more lowlights: Median income has sunk lower than it was almost 15 years ago. The number of people living without health insurance is up slightly. The number of kids under the age of six living in extreme poverty is up to nearly 12 percent. The recession has been especially hard on women and people of color.
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