Obamanomics 101

Last year, 46.2 million Americans lived in poverty--the highest total since record keeping began more than half a century ago, the Census Bureau reported Tuesday.

Thanks to an unemployment rate that averaged 9.6 percent, and anemic economic growth, the share of Americans who lived below the official poverty line rose to 15.1 percent, up from 14.3 percent in 2009. That marks the fourth straight year that the rate has climbed.

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