Here are some useful articles.
5 reasons why we’re losing the war on poverty [Source: USA Today]
- Real median household income
- “Annual increases in median household income were last experienced in 2007 for family households and in 2009 for non-family households.”
- Wealth accumulation, or lack thereof
- “A brutal combination of falling stock and home prices has decimated wealth gains over the past decade.”
- Employment-to-population ratio
- “…the percentage of working-age Americans with a job is only 59%, relatively unchanged over the past five years and near levels not seen since 1984.”
- Food Stamps
- “…there are about 46.5 million individuals currently receiving food stamps.”
- “Wages and salaries as a percentage of GDP have been declining for over four decades.”
Poverty in America: Why Can’t We End It [Source: The New York Times. Peter Edelman. 2012]
In this article, Peter Edelman proposes that progress has been made over the years in the war on poverty. Without programs like Social Security, food stamps, earned-income tax credits, etc., 40 million people would be added to the current 45 million counted as poor.
He explores the reasons why we can’t end poverty in America:
- Low wage jobs.
- “We’ve been drowning in a flood of low-wage jobs for the last 40 years.”
- ” …a third of the population – have annual incomes below twice the poverty line.”
- “Poverty among families with children headed by single mothers exceeds 40 percent.”
- We need more jobs that pay decent wages.
- Loss of the safety net for single mothers and their children
- “…20 million people earn incomes below half the poverty line, less than $9,500 for a family of three.”
- The demise of welfare (TANF).
- “In the mid-90s more than two-thirds of children in poor families received welfare.” It’s now 27%.
- Race and gender
- “Minorities are disproportionately poor” (27% of them are poor).