Poverty in America
Instructor: Professor Izzeldin Bakhit
ECO 405
February 1st, 2014
Strayer University
POVERTY IN AMERICA 2
Abstract
When a person think of poverty, one simply says’ and or think that individuals, families, groups, and what have you lack financial stability; however, there is so much more that should be considered. In the United States, poverty is measured by annual income. According to Casteel (2014), the poverty line is based on a calculation that takes into consideration the minimum costs required to feed an individual, child and adult not differentiated, multiplied by …show more content…
The article discusses statistics related to poverty and income inequality in the U.S. The author includes data from the 2013 U.S. Census Bureau Population Survey showing that 15 percent of Americans, roughly 46.5 million people, live at or below the government-defined poverty line—which, as most who work with the hungry, the homeless, the uninsured, and the underpaid or unemployed know, is itself an inadequate measure of poverty (Abramsky, 2013). Particular focus is given to the impacts of politics and economic policy on poverty rates since the administration of U.S. President Ronald Reagan, including reducing food stamp and unemployment benefits while cutting capital gains and estate taxes for the …show more content…
Each organization agreed to a set of poverty reduction strategy principles put forth by CCUSA as they work together in the coming year. Feeding America is the nation 's largest hunger relief organization. Because poverty is one of the leading causes of hunger, so its mission is to reduce poverty in US and to reduce hunger. The Salvation Army has been committed to tending to the physical and spiritual needs of the poor since its inception, serving more than 30 million people in need each year in the United States. Poverty is taking an incredibly heavy toll on 16 million children in America today. Their health, wellbeing, education and future prospects are all in jeopardy from the very beginning. Save the Children is committed to getting children the early education and opportunities they need to succeed in school and life (PR, 2014). Breaking the vicious cycle of poverty will take the concerted efforts of committed organizations and individuals willing to raise their voices for our nation 's most vulnerable