The Economics of Poverty in American Society Essay examples

The lowest level of poverty was recorded in 1973 with only 11.1 percent of America living at or below the poverty line. In America at that time there were twenty-three million people falling into this category. Today there are still about thirty-six million people considered poor. This is almost fourteen percent of the population. The big cities saw a bigger decline also.

More than 800 million people in the world are malnourished, 777 million of them are from the developing world (Raphel, S., 2014). Poverty is an issue that must be addressed to the population loud and clear or everyone will end up suffering. There are many families trying to survive and live from paycheck to paycheck. Unfortunately, there are some families that are unable to support himself or herself or any family member. One important key issue of poverty in the United States is inequality. Many Americans blame the poor people for their own fate but you should never judge a book by its cover. There can be many reasons why an individual or families end up in poverty. For example, low wage jobs, discrimination and social inequality, vulnerability to natural disasters, war and political instability. Another big issue we face today is child poverty. This is a very critical issue because these young children are our future. If we let these children live in poverty, there is a higher chance they will drop out of school, look for work in order to support their family, or give up in life.

Poverty affects millions of people living in the united states, poverty is measured by the amount of money needed to support the basic needs of a house hold. Poverty is measured by the SSA low-cost food budget assuming 1/3 of the budget is spent on food. The people with the highest percentage of poverty is shown to be Hispanic female households with no spouse present. The vast majority of people in poverty are women and children but in recent years the numbers of women considered poor have raised. Percentage rate is the percentage of poor in different counties. Looking at graph that maps Americas diversity shows that the highest poverty rate is in the South the Midwest has the least. I would assume that has to do with the weather, warmer weather

It's hard to believe in a country as wealthy as the United States, that we have the problem of poverty. Poverty has not become a recent problem of our

However, this system of measuring poverty is flawed because if a family makes a dollar more above the set limit, they do not qualify for financial help from the government (NCCP, 2008).The poverty threshold is an inadequate measure of whether people are considered poor or not. Current poverty measures are flawed because it assumes how much a family spends and does not accurately include family resources such as Earned Income Tax Credit (NCCP, 2008). The way that the government measures poverty is based on outdated information that was set in the 60s. Because it has not been sufficient to keep up with the standard of living, those who are living in “high cost cities like New York and those who live in rural areas of the country” (NCCP, 2008) are barely getting by.

The United States defines poverty for a family of four as being less than $16,036 per year, or $4,009 per person (Leone 12). People find themselves under this line for an innumerable amount of reasons. Some of these causes are under one's control and others are greater factors beyond an individual's power. Each family or individual person has unique and separate reasons for living in a state poverty. There is no way to try and define them all. Focusing in, three main topics arise that encompass the most predominant reasons for a person to fall into poverty. Education, family life and influence, along with the business cycle may work individually or together to cause poverty. These three leading

1. Poverty in the U.S. is explained by the individual behavior. As a nation we believe hard work will make anyone successful and we exclude all the structural conditions that put many people below the poverty lane. We forget that people do not have equal opportunities to be successful at life such as access to education, healthcare, and nutrition. In short, our ideologies do not help people in poverty to get out of the sitiation that they are in because we keep blaming the poor and do nothing to help them.

In 1998, more than 13 million children (19 percent of all children) under age eighteen lived in families with incomes below the official poverty threshold. Although children age eighteen and under represent 26 percent of the United States population, they comprise nearly 40 percent of the poverty population. Despite a steady decrease from 1993 (23%) to 1999 (17%) in the rate of children in poverty, the United States still ranks highest in childhood poverty among all industrialized nations.

In 1935, Franklin Roosevelt signed into law the Social Security Act which, among other things, provided for the financial, medical, and material needs of the poor (Komisar 125,128). Since then, there have many additions and reforms to the bill, none of which has served to quell the controversy surrounding the effectiveness of the welfare system in the United States. The main concerns of the distribution of welfare dollars and resources can be answered by the questions ?Who gets assistance?? and ?How much do they receive??. The U.S. welfare system is administered by the Department of Health and Human Services, which attempts to answer these questions through a system of minimum incomes, government-calculated poverty levels, number of children, health problems, and many other criteria. This complicated system leads to one of the critiques of the welfare system?that it is too large and inefficient. President Lyndon Johnson declared a ?War on Poverty? in 1964 designed to alleviate the burden of the poor and established the Food Stamp program the next year (Patterson 139). In 1996, a major welfare reform bill was passed that placed time limits on welfare assistance, required able participants to actively seek employment, and implemented additional services for the needy (Patterson 217).

In 2010, about 46.2 million people were considered poor. The nation’s poverty rate rose to 15.1 percent, whereas in 2009, 14.3 percent of people in America were living in poverty (Censky, 2011). That is an increase of 2.6 million people in 2010. In the United States, the federal poverty line – an absolute measure of annual income – is frequently used to determine who is categorized as poor (Ferris & Stein, 2008, 2010). Currently the government defines the poverty line as an income of $11,139 for an individual and $22,314 for a family of four (Censky, 2011). In sociology, poverty can be defined using two terms – relative deprivation and absolute deprivation. Relative deprivation is a comparison between people and social class. With

Nobody wants to be considered to be below the poverty line. Unfortunately, for fourteen percent of the people in this country, that is their reality. Fourteen percent of the people currently living in the United States’ basic needs for food, clothing, and shelter are not being met. Poverty is experienced at different levels in different parts of the country. The causes and effects of insular poverty are experienced differently in rural and urban areas in the United States.

Although many people do not realize this, poverty has a great impact on out society. The rapid increase of death rate, crime rate, and environmental destruction have everything to do with the horrible state of poverty. These problems are booming all over our society today causing many speculations, but the reason many just be clear and simple. Poverty.

     How many times have you been on your way home, or somewhere around downtown, and at a stoplight you see someone sitting at the intersection with a cardboard sign that reads something along the lines of, “Homeless and hungry”? If you have ever been in a car that passes through a large city in the U.S., then like most others you probably have. What have these people done to be in a situation like this? What can you do to help? Are they really homeless? These are commonly asked questions, however few really take the time to find the answer. An outstanding injustice that I see prevalent in today’s society is the amount of people living in poverty in the United States.

The poverty level in the U.S. is normally based on annual income figures. In 1995, a family was identified as poor if their income equaled $15,569. Adjustments, however, vary with inflation and family size. In short, by current U.S. standards, many poor people elsewhere in the world would be living near or in absolute poverty, surviving on just over $200-$500 per year (Funk & Wagnall 1).

Poverty is the number one problem affecting the world today. Human poverty can be explained as something that a human needs to survive and live a heathy lifestyle but does not have. There is no direct definition for poverty when it comes to humans (Christopher). Poverty can come in many forms. Types of poverty include situational, generational, absolute, relative, urban, and rural poverty (Christopher). The reason poverty is a bigger problem than all other global issues is because not only does poverty impact the people who face it directly, it also impacts other areas such as education, health, child devolvement, and national economy (Christopher). Poverty plays a key role into many other global issues that people would never think of. Poverty is an issue that cannot be taken lightly because it can lead to many health hazards and eventually even death.