US Poverty

  Chart Of The Day: Americans At Or Below 125% Of The Poverty Level

The gap between U.S. bank deposits and loans is growing at the fastest pace in two years, providing lenders with more funds to buy bonds and temper the biggest sell-off in Treasuries since 2010.

Zero Hedge,

19 August, 2012

From AP: "the number of Americans with incomes at or below 125 percent of the federal poverty level - the income limit for qualifying for legal aid - is expected to reach an all-time high of 66 million this year. A family of four earning 125 percent of the federal poverty level makes about $28,800 a year, government figures show." And visually...
 

As usual, if anyone expects these 66 million Americans (over 20% of the US population) to vote for someone who dares to even thinkabout taking away any of the entitlements said tens of millions of people are used to, then by all means buy Las Vegas real estate.