"New Census Report: Uninsured Up, Real Income Down For Men and Women, Poverty Unchanged"
This morning, the Census Bureau released new figures about health insurance, income, and poverty. It’s not a pretty picture.
The number of Americans without health insurance continues to rise at an alarming rate, men and women are earning less money and there are as many people living in poverty as there have ever been. Some key stats:
– In 2005, 46.6 million people were without health insurance coverage, up from 45.3 million people in 2004.
– The percentage of people without health insurance coverage increased from 15.6 percent in 2004 to 15.9 percent in 2005.
– For full-tim, year round workers, the median earnings of men declined 1.8 percent to $41,386, and the median earnings of women declined 1.3 percent to $31,858.
– In 2005, 37.0 million people were in poverty, not statistically different from 2004.
This helps explain why just 32% of Americans approve of Bush’s handling of the economy. Just 22% believe the economy is getting better, “the lowest level of public confidence in the direction of the economy seen in five years.”