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FOR IMMEDIATE RELEASE |
CONTACT: Institute for Public Accuracy (IPA) Sam Husseini, (202) 347-0020; or David Zupan, (541) 484-9167 |
Will Record Levels of Poverty Increase Further?
WASHINGTON - September 12 - On Tuesday morning, the Census Bureau will release this year’s poverty numbers.
ALICE O’CONNOR, aoconnor at history.ucsb.edu
Author of Poverty Knowledge: Social Science, Social Policy and the Poor in Twentieth Century U.S. History, O’Connor said today: “The Great Recession has sent millions more Americans below minimally acceptable standards of living, while heightening the extremes of wealth concentration at the very top. These are the stark and essential facts of our current economic crisis, captured in annually-released Census Bureau data on poverty and income for three years running — and all but ignored in official policy debates. By 2009, poverty rates had risen to a 15-year high of 14.3 percent, while the actual numbers of people living below the poverty line, at some 43.6 million, were higher than at any time since rates were first officially recorded in the early 1960s. More than 35 percent of the nation’s wealth was concentrated in the hands of the top 1 percent of households, more than at any time since before the great stock market crash of 1929, while the proportion of wealth distributed to the bottom 80 percent of households stood at just 12.8 percent, according the the Economic Policy Institute.
“But these numbers are also a reflection of decades-old shifts in social and economic policy that have eroded working- and middle-class wages, benefits, and collective bargaining rights; undermined publicly supported avenues to opportunity and upward mobility; shredded the social safety net by limiting benefits for needy families and giving states more flexibility to keep them off the rolls; and funneled the benefits of prosperity toward the rich by reducing top tax rates and favoring income from capital gains. Reversing these trends must be a top priority if the economy is ever going to recover from the Great Recession, starting with immediate measures to restore living wage jobs and incomes to the fast-growing numbers of people who are now struggling simply to get by.” O’Connor is professor of history at the University of California at Santa Barbara.
LIZ ACCLES, laccles at fpwa.org
Accles is senior policy analyst for Income Security and Early Childhood Education with the Federation of Protestant Welfare Agencies.
Last year’s report.
News report from last year: “Record Number of Americans Living in Poverty.“
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Show AllAn important question indeed! I have been on it for a couple of hours now, but each time I am to preview and post comments there comes a hitch. To avoid more problem suffice it to draw attention of publishers and readers to two selected papers on the depth of problem which the question put-up above is about:
(1) "America divided: the politics of inequality" (http://www.opendemocracy.net) of 16 July, 2010, and
(2) "The next big issue: Inequality in America" (http://www.opendemocracy.net) of 12 September, 2006.
This IPA-release is an interesting direct validation, especially of reviews made in 1. Both papers cited were posted by the veteran writer and journalist: Godfrey Hodgson. I did take the pains to analyse and contextualize within and beyond the contexts of: (a) the state of affairs in Washington recently until now; and (b) most recent Jobs creation bill of the President - preliminary though in the war against poverty and unemployment. If for a reason or two there is mistake in given dates, it is easier to trace cited books-review article(s) by author's name - famous as we know him to be!
Unfortunately as it is, so much is repeatitive to the extent that it shows that nothing is learned and that informed actions are being systematically and tactically frustrated. Perhaps, drumming the problems and consequencies: angrier politics in America), now and again might eventually bear a fruit. All we have to do is wait and see as things might politically boomerang with voters from the chaos created.