Bidenomics Crushing THESE Americans

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(TheProudRepublic.com) – Underscoring the vastly negative effects Bidenomics has produced across the country, the United States has reached its highest reported level of homelessness since records began.

Recent data from the U.S. Department of Housing and Urban Development (HUD) revealed that this year’s count indicated a distressing 12% increase from last year, with approximately 653,000 Americans identified as homeless during the annual point-in-time survey.

This figure represents the highest level of homelessness since the inception of this survey in 2007. A historical overview shows a decline in homelessness from 637,000 in 2007 to 554,000 in 2017, attributed to targeted efforts in housing veterans. However, the trend reversed, with numbers climbing to 580,000 in 2020 and maintaining similar levels, partly due to the influence of COVID-19 pandemic relief programs.

Jeff Olivet, the executive director of the U.S. Interagency Council on Homelessness, explained that the assistance provided during the pandemic significantly mitigated what has now become an apparent increase in homelessness.

Olivet highlighted the primary drivers of homelessness: the scarcity of affordable housing and the soaring costs of living, which leave many Americans vulnerable and one crisis away from homelessness.

Marion McFadden, HUD’s principal deputy assistant secretary for community planning and development, pointed out contributing factors to the 2023 rise in homelessness. These include a challenging rental market with low vacancy rates, the expiration of pandemic-era housing programs, and an uptick in individuals experiencing homelessness for the first time.

The increase in homelessness was not uniform across demographics. There was an approximate 11% rise in homelessness among individuals and a 15.5% increase among families with children. The veteran population also saw a 7.4% increase in homelessness.

Geographically, over half of the homeless population in the U.S. is concentrated in four states: California, New York, Florida, and Washington. Notably, California hosts 28% of the national homeless population. However, its increase in homelessness was only half the national rate this year. In contrast, New York experienced a jump in homelessness more than three times the national rate.

Despite the overall rise, areas like Chattanooga, Tennessee, reported a significant decrease in homelessness, down 49% from the previous year. The city’s approach focused on swiftly connecting individuals to permanent housing and enhancing preventive measures against homelessness, as noted by the Associated Press.