Poverty Epidemic Within American Society

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It is an undeniable fact there exists a growing poverty epidemic within American society that needs to be addressed. According to a 2012 report by the Cato Institute the United States government spends nearly one-trillion dollars every year to combat severe financial need through a total of 126 separate welfare programs. While this value by itself seems significantly large, perhaps to an even excessive extent, in reality it had little effect on the American poverty level, never al allowing it to drop below 10.5%. Even with these massive government expenditures aimed at elevating quality of life, for many households an escape from their low-income bracket is still vastly unattainable. Current statistics show that more than 40% of individuals born into the bottom quintile will remain there, failing to escape into a life of financial stability. Despite immense funding, in its existing state of organization, the system of aid currently offered by the American government to lower income household fails to effectively alleviate the living conditions of the impoverished due to its negligence towards payday loans and the other intangible costs of poverty, its temporary and ineffective solutions to fight hunger, and most significantly, its insufficient reliance on an unreliable and inconsistent enforcement from state jurisdictions. For many low-income families, the set benefits offered by the government do not provide a feasible escape from poverty, because they fail to

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