New Census Data Show Many in Middle Class Are ‘Near Poor’
When the U.S. Census Bureau retooled its formula for determining the number of poor people living in the United States, the number the bureau estimated to be living in poverty shot up from 46.1 million to 49.1 million. Now that reformulation is shining a light on the vast numbers of people who appear to be middle class but who actually fall into a category called the “near poor.”
