Recession DOES hit the poorest hardest

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From the FT this morning:

Poverty among the working-age population of the US rose to the highest level for almost 50 years in 2009, as the human cost of the deepest economic downturn since the Great Depression was laid bare in new census data.

Poverty among those aged 18 to 64 rose by 1.3 percentage points to 12.9 per cent — the highest level since the early 1960s, prior to then-president Lyndon Johnson’s “War on Poverty”. The overall poverty rate rose by 1.1 percentage points to 14.3 per cent, the highest since 1994.

The evidence is unambiguous: recession hits the poorest hardest.

Obama did not do enough to help them.

That’s why Osborne's plan to attack the well being of the poorest in the UK - backed by the callousness of Nick Clegg has to be fought.


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