Showing posts with label middle class. Show all posts
Showing posts with label middle class. Show all posts

Wednesday, February 12, 2014

Poverty in America: who is really deserving of help?

By Charles Brooks

The Economic Policy Institute recently reported that in the roughly three decades leading up to the most recent recession, looking at the officially measured poverty rate, educational upgrading and overall income growth were the two biggest poverty-reducing factors, while income inequality was the largest poverty-increasing factor. The federal government set the poverty line at $23,550 for a family of four in 2013, $11,490 for a single individual, and $4,020 for each individual person. The Blackboard spoke with Dr. Wilhelmina A. Leigh, who serves as a Senior Research Associate with the Joint Center for Political and Economic Studies, about poverty in America: “People have to be aware of (poverty), care about it and understand that having the kind of inequality we have in this country is not good for any of us. People have to be made aware, somehow, that inequality and high levels of poverty impairs all of our lives and limits the growth of our economy.”