Moral Outrage
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Posts Tagged ‘poverty

Another 81 million Americans one step from poverty

February 5, 2012

What does it mean to be poor? If it means living at or below the poverty line, then 15 percent of Americans — some 46 million people — qualify. But if it means living with hardly any savings — so that one piece of bad luck, one major financial blow, could land you in serious, […]

American statistics heading into 2012

December 26, 2011

50 million Americans live below the official poverty line, while another 100 million live in “near-poverty,” struggling to support themselves on incomes so low that they are one misfortune away from destitution. According to a study by the McKinsey consulting firm, it took six months for the US economy to return to pre-recession job levels […]

The United States as a Third World country (Part 1)

December 4, 2011

The evidence suggests that, without fundamental reforms, the United States will become a post industrial neo-3rd-world country by 2032. Fundamental characteristics that define a 3rd world country include high unemployment, lack of economic opportunity, low wages, widespread poverty, extreme concentration of wealth, unsustainable government debt, control of the government by international banks and multinational corporations, […]

More than 1 in 5 U.S. children poor

November 19, 2011

The number of children in the United States considered poor rose by 1 million in 2010, the U.S. Census said Thursday, with more than one in five of the youngest Americans now living in poverty. “Children who live in poverty, especially young children, are more likely than their peers to have cognitive and behavioral difficulties, […]

Poverty in the sputtering American economy

September 22, 2011

A snapshot of how Americans are faring more than two years after the recession: Americans below the poverty line in 2010: 46.2 million Last time the poverty level was this high: 1993 Poverty line in 2010: $22,314 for a family of four, or $11,139 for an individual Rough amount the poor are living on per […]

The Destruction of the American Middle Class

September 15, 2011

The single biggest issue facing the United States is the destruction of the American middle class. American society is bifurcating, squeezing the middle class out of existence. The ranks of the poor and low-income earners are growing and the rich are doing just fine – and no one is talking about it, much less doing […]

Ways in which America leads the world

March 30, 2011

Amongst 20 of the world’s wealthiest countries, America now has:  the highest poverty rate, both generally and for children;  the greatest inequality of incomes;  the smallest amount of government spending (as a percentage of GDP) on social programs for the disadvantaged;  the lowest number of paid holidays, annual leave days and […]

Rising Food Prices Push Millions More Into Poverty

February 18, 2011

A sharp rise in food prices since June has pushed 44 million people in developing countries into extreme poverty — having to live on less than $1.25 a day — according to a new study by the World Bank. The bank’s price index soared 29 percent from January 2010 to January 2011. Wheat, maize, sugar […]

Even More Americans in Poverty Than Previously Known

January 7, 2011

The number of poor people in the U.S. is millions higher than previously known, with 1 in 6 Americans — many of them 65 and older — struggling in poverty due to rising medical care and other costs, according to preliminary census figures released. And government aid programs such as tax credits and food stamps […]

Money for War but not America’s Poor

December 18, 2010

The House on Friday passed legislation that authorizes the Pentagon to spend nearly $160 billion on the wars in Iraq and Afghanistan this budget year, and this without debate. Meanwhile, increasing millions of Americans are currently living in “deep poverty”, with unemployment is soaring. To make matters worse, the Federal government has made welfare cuts […]