A fast-growing group of people in the United States, households with #children, are living on $2.00 or less per person per day. This shocking condition in a wealthy country such as the US is formally labeled “extreme poverty” by a World Bank metric that gauges #poverty “based on the standards of the world’s poorest countries.” Since #poor Americans live in a rich country, they have traditionally been excluded from this official estimate of dire poverty in the world. A study applied the World Bank metric to the US for the first time to show that in mid-2011 and based on cash income, about 1.65 million households, with 3.5 million children, lived in extreme poverty. Since the official poverty level is considered to be $17.00 per person per day, this extent of extreme poverty implies that millions of Americans are subsisting on less than 12 percent of the poverty-line income. - By Dady Chery & Gilbert Mercier #ExtremePoverty #EEUU #Child #FoodStamp #FarmBill #SNAP #SocialJustice #Labor #Housing #MinimumWage #LivingWage #Clinton #Obama #AFDC #TANF #WorldBank #FreeTrade #NAFTA #Wealth #Inequality #Capitalism #GreatDepression #Roosevelt #FDR #Corporatism
Posted on: Tue, 09 Sep 2014 14:34:45 +0000
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