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Poverty And Inequality In America

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Poverty in America In the book, Poverty and Inequality, it is noted that many people look at the economy and poverty status in the 60s to gauge how to solve poverty today (1997). The sixties saw the longest and strongest economic growth in US history. The unemployment rates went from twenty two percent to thirteen percent. The economy grew 4.3 % every year. This leads many economic analyses to tie the bustling economy with the declining poverty level. The eighties saw two short recessions before the second longest and strongest growth in US history. The unemployment rate went from just over ten percent to just over eight percent. It is important to note that the poverty rate only fell slightly during this period. By 1990, the poverty rate …show more content…

Disadvantaged children can use education to make up for their disadvantages. However, high poverty areas differ from the rest of most metropolitan cities when it comes to the quality of the schools in high poverty areas. The schools in these areas are usually of lower quality. Lang also notes that money is not necessarily the answer to improving the quality of schools. He notes that most suburban schools spend less per student than their urban counterparts. Most of this money is spent on helping urban students gain a social education that their suburban counterparts learned at home before they entered school (Lang, …show more content…

The American people deserve basis hopes. These hopes include a fair chance to be successful, be protected under the law, find a full time job, have a decent home in a decent neighborhood, and send one’s children to a good school with good teachers and to have peaceful mind in old age. It is important to note that 25% to 33% of Americans experience some type of hardship. This is higher for Millennials and people of color. A surprising fact is that in America, 61% of families’ income falls behind their cost of living and only 6% of families income actually helps them get ahead financially. Some factors that lead to poverty are single parent households headed by women, lack of college education, and access to higher education. It is important to note that children that grow up in a single parent home are four times as likely to be poor. This further adds to the poverty rate in the United States. A Brookings analysis found that if the US had the same marriage rate that existed in the 1970s today, then the poverty rate would fall by 25%. Research continues to show that more education leads to more money and is the key to overcoming poverty. Without a college degree, 45% of the children from families in the lower quintile of wealth will themselves become adults in the bottom quintile.

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