With much of the world facing what could be another recession, some experts are saying children are perhaps the biggest victims of economic turmoil. About 42 percent of children in the United States are now living in households with incomes below the poverty line—an 18 percent increase from 2000, according to a new study. About 11 percent of kids are living with at least one unemployed parent, and 4 percent have been affected by a home foreclosure. “We’re seeing a dramatic increase in the child poverty rate,” said Patrick T. McCarthy, president and chief executive of the Annie E. Casey Foundation, which released the study. “The recession has basically wiped out any gains we made in the 1990s.” (Los Angeles Times)
