The Bush campaign has been trumpeting job growth as a reason to re-elect the President. That justification is extremely weak, with job growth numbers shrinking below the rate of population growth, and historical growth numbers revised lower [CBS MarketWatch]. Now the news for Bush and America is even worse; the Census Bureau reports that America is not doing well for the have-nots.
The number of Americans living in poverty increased by 1.3 million last year, while the ranks of the uninsured swelled by 1.4 million. Meanwhile, median household income has held steady, meaning the old line of “the rich get richer and the poor get poorer” is true under the Bush economy.