Soaring Poverty Casts Spotlight on Lost Decade

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Abstract The writer assets the objective ideology in the opening paragraph of the article. He states that another 2.6 million American felled into poverty in the United States is the preceding year, as per the Census Bureau reports, and by this assertion the number of Americans living below the official poverty line, 46.2 million people, was the highest number in the 52 years the bureau has been publishing figures on it, the introductory statistics presented by the author presents a clear picture of a threatening anticipation. The developed countries like United States of America is at a verge of poverty and that more that 46.2 million people are bound carry out their livings below the average line of poverty. There are many key issues that have contributed to the increasing poverty in America a few of them includes the reduced market share and labor outsourcing. Two of these factors are elaborated in the following paper. Soaring Poverty Casts Spotlight on 'Lost Decade' By Sabrina Tavernise The article was published in the New York Times on September 13, 2011. At the Silicon Valley, when Mr. Obama posed a question by interrupting Steve Jobs that "what would it take to make iPhones in the United States? ". This question represents the concern of the American president over the veining unemployment in United States and more and more jobs being off shored to the other countries. The answer that Steve Jobs came up with was simple yet thought provoking, he explicitly

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