• The post you are reporting:
   
  Just to follow on from yesterday about getting out of the EU, well heres yet another reason to get out.
  
  
  
  SO WHO WANTS TO STAY IN THE EU?
  
  Whilst we pay the EU extortionate amounts of money each month to subsidise the "fat-cat" EU farmers and prop up all the EU countries to stop them going into poverty what is happening here?
  
  Read on to find out (BBC online, 11/Oct/2011)
  
  
  
  Report from the IFS
  
  Independent financial research organisation said 2.2 million children and two million working age adults were living in absolute poverty in 2009-10.
  
  In percentage terms, 17% of UK children were living in absolute poverty in 2009-10.
  
  It warns that in the next two years there will be deepening levels of adult and child poverty following the oil crisis and included a sterling crisis, IMF bail-out and industrial unrest.
  
  By 2012-13, the IFS predicts this will rise to 21.8% as an extra 600,000 children and 800,000 adults of working age will be in absolute poverty.
  
  The report also issues a stark warning of tough times for people in the so-called "squeezed middle" - with median incomes falling by 7%, after inflation has been taken into account, the sharpest drop in 35 years.
  
  There will also be 2.5m working-age parents and four million working-age adults without children in absolute poverty by 2013, says the report.

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