Tuesday, December 11, 2012

Since 2008, an 80% increase in children living with unemployed parents

The number of children living with unemployed parents in the U.S. grew from 3.5 million to 6.3 million over the last five years - 2008 through 2012 - a whopping 80 percent increase, according to a recent study conducted by the Urban Institute.

The study would appear to be proof positive that the President's economic policies are working according to plan. Ahem..........

The number of children living with long-term unemployed parents rose from 754,000 to 2.8 million over the last five years - that's almost a four-fold increase.

Of particular concern, according to the Urban Institute, is the dramatic increase in unemployment that lasts six months or longer.

45% of children living with unemployed parents have seen their parents out of work for six months or longer.

Good thing Obama was re-elected. Ahem.........