Introduction The Stanford Centre on Poverty and Inequality is a federally-funded poverty institution that focuses on monitoring inequality and poverty trends in the U.S. (Grusky et al., 2016). The centre examines the factors and forces that influence the trends and develop science-based policy on inequality and poverty. The “State of the Union: The Poverty and Inequality Report 2016” suggests that the U.S. ranks poorly when compared with other well-off nations (Grusky et al., 2016). The report is compiled by some of the leading global experts on inequality and poverty. Besides, the report encompasses data on employment, poverty, economic mobility, ...
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The prevalence of poverty in the United States is of increasing concern to many in government and makers of public policy. According to a humanitarian organization, Poverty USA (2014), there were 47 million poor people in 2014, which translates to a rate of 15%. This rate is around 2.3 points higher than in 2007 or 2008 (U.S. Census Bureau). Poverty does not affect all equally. The poverty threshold as defined by federal government is $24,000.00 for a family of four people. ...
The USA had several ups and downs during their history. Huge economic catastrophes like the Great Depression in 1929 or the Crisis of 2008 increased levels of poverty. The situation stabilized a little during last years, but still does not look too good. The story of Sue Christian described in the Monica Potts's essay support this opinion. The author wrote about the wife and mother of two children from the Owsley County – one of the poorest counties in the USA. Sue lost her job in the data entry company and went through hard times when she decided to get ...
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Across global boundaries, America is known by millions of people as the paragon of the most affluent society in the contemporary world. With the widely believed concept of the American dream, the country is perceived as the proverbial Promised Land which hosts tons of millionaires and where even the lower classes live comfortably with superb rags to riches tales. This picture might be true but a plethora of research studies and surveys have also shown it is a superficial picture which does not wholly portray contemporary America. Recent surveys have established that currently an approximate forty million Americans live ...
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