More Georgians poor now than during last recession
Tuesday, August 26th, 2008Our friends at the Georgia Budget and Policy Institute pointed us toward a couple of depressing reports today from the U.S. Census Bureau.
One said Georgia’s poverty rate was a lot higher in 2007 even than it was in the depths of the 2001 recession. Not only that, but middle-class Georgians haven’t gained any economic ground since the recession.
The other report said more people in the state now don’t have health insurance.
“Even after six years of economic recovery, Georgians have not regained the ground lost in the 2001 recession,” GBPI Deputy Director Sarah Beth Gehl said in a statement. “With the weakening of the economy in 2008, things are likely to get worse before they get better.” (more…)
