The extreme levels of American poverty and inequality are ripping apart once-interdependent communities with mental health and homelessness problems, and with a surge in drug and alcohol and suicide "deaths of despair." (Photo: kuriasity/flickr/cc)
The Evidence Pours In: Poverty Getting Much Worse in America
Poverty—and the stress of being poor—is killing people every single day
A White House report recently proclaimed that the "War on Poverty is largely over and a success." United Nations Ambassador Nikki Haley said it was "ridiculous for the United Nations to examine poverty in America."
Well-positioned Americans must talk like this, of course, because admitting the debilitating state of poverty in America might provoke feelings of guilt for 35 years of oppressive economic policies. Wealthier people need to take an honest look at the facts. They need to face reality as it sadly exists in America today.
1 in 7 Americans is Part of the World's Poorest 10%
According to the Credit Suisse 2018 Global Wealth Databook, 34 million American adults are among the WORLD'S POOREST 10%. How is that possible? In a word, debt. In more excruciating words: stifling, misery-inducing, deadly amounts of debt for the poorest Americans. And it goes beyond dollars to the "deaths of despair" caused by the stresses of inferior health care coverage, stagnating incomes, and out-of-control inequality.
Numerous sources report on the rising debt for the poor half of America, especially for the lowest income group, and largely because of health care and education costs. Since 2008 consumer debt has risen almost 50 percent. The percentage of families with more debt than savings is higher now than at any time since 1962.
It could be argued that Scandinavian countries face the same degrees of debt as Americans. But far less of the debt is for health and education costs. And the Scandinavian safety net is renowned for its generous provisions for all citizens.
Half of Us are In or Near Poverty
$1 in expenses twenty years ago is now $1.25. $1 in earnings twenty years ago is now still $1.
More and more Americans are facing financial difficulty. Estimates of adults living from paycheck to paycheck range from half to 60 percent to 78 percent. Any sign of a recession would be devastating for most of us.
It's estimated that a typical U.S. household needs about $60,000 annually to meet all expenses. That's only manageable if two adults are working full-time for $15 per hour. Beyond that, little cushion exists. No American adult in the bottom 40% has more than $31,124 in total wealth, including house and car and savings (Table 3-4).
Booming Economy, Low Unemployment, and Other Deceptions
While 1 in 7 Americans is part of the world's poorest 10%, nearly 3 in 7 Americans are part of the world's richest 10%. The economy is booming for THEM. Yet the Wall Street Journal has the arrogance to claim that "Americans traditionally left behind...are reaping the benefits.."
How about the "jobs for everyone" fantasy? The official unemployment rate, according to the Bureau of Labor Statistics (BLS) itself, is based on employees "who did any work for pay or profit during the survey reference week." The BLS workforce includes contingent and alternative employment arrangements that make up about 10% of the workforce. It includes part-time workers (even one hour a week!), who make up about 16% of the workforce. And, inexplicably, it fails to count as unemployed those who have given up looking for work -- 4% more Americans than in the year 2000.
Many of today's 'gig' jobs don't pay a living wage, and most have no retirement or health benefits, no job security, no government regulations backing them, and usually a longer work day, with many people putting in 10- to 12-hour days for $13 per hour or less. According to a New York Times report, "41.7 million laborers -- nearly a third of the American work force -- earn less than $12 an hour, and almost none of their employers offer health insurance."
Safety Net Failures
While it's true that the U.S. spends a greater percentage of its GDP on social safety net programs than developing countries, Americans generally have to face much higher costs for housing, heating, transportation, child care, and other basic expenses.
Beyond this, there are significant shortcomings in American social protections, as pointed out by the UN. These include the "shockingly high number of children living in poverty" and the "reliance on criminalization to conceal the underlying poverty problem." Furthermore, with the call for work requirements comes the realization that the job market for the poorest Americans is "extraordinarily limited."
Poverty: Not Just a Number
Poverty is living without health care, and choosing the life-threatening alternative of opioid painkillers. Poverty is the stress of overwhelming debt; the steady decline of jobs that pay enough to support a family; the inability to afford a move to a desired neighborhood; the deadening impact of inequality on physical and mental well-being. The United Nations describes America as a nation near the bottom of the developed world in safety net support and economic mobility, with its citizens living "shorter and sicker lives compared to those living in all other rich democracies," with the highest infant mortality rate in the developed world, the world's highest incarceration rate, and the highest obesity levels. Low-income Americans are often surrounded by food deserts, with insufficient access to clean water and sanitation, and with the pollution levels of third-world countries. The poorest among us are even susceptible -- unbelievably -- to rare tropical diseases and once-eradicated scourges like hookworm.
The extreme levels of American poverty and inequality are ripping apart once-interdependent communities with mental health and homelessness problems, and with a surge in drug and alcohol and suicide "deaths of despair."
Part of the definition of poverty is "the state of being inferior in quality." As one of the most unequal nations in the entire world, America is also, in many ways, one of the most poverty-stricken.
We are at a crossroads
This country and this world are at a monumental crossroads. In a few short weeks, US voters will have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. Our Fall Campaign is underway, and we need your help. To power our newsroom through the rest of the year, we need to raise $125,000 by midnight on October 31. So if you share our vision, please contribute whatever you can to sustain our work. |
A White House report recently proclaimed that the "War on Poverty is largely over and a success." United Nations Ambassador Nikki Haley said it was "ridiculous for the United Nations to examine poverty in America."
Well-positioned Americans must talk like this, of course, because admitting the debilitating state of poverty in America might provoke feelings of guilt for 35 years of oppressive economic policies. Wealthier people need to take an honest look at the facts. They need to face reality as it sadly exists in America today.
1 in 7 Americans is Part of the World's Poorest 10%
According to the Credit Suisse 2018 Global Wealth Databook, 34 million American adults are among the WORLD'S POOREST 10%. How is that possible? In a word, debt. In more excruciating words: stifling, misery-inducing, deadly amounts of debt for the poorest Americans. And it goes beyond dollars to the "deaths of despair" caused by the stresses of inferior health care coverage, stagnating incomes, and out-of-control inequality.
Numerous sources report on the rising debt for the poor half of America, especially for the lowest income group, and largely because of health care and education costs. Since 2008 consumer debt has risen almost 50 percent. The percentage of families with more debt than savings is higher now than at any time since 1962.
It could be argued that Scandinavian countries face the same degrees of debt as Americans. But far less of the debt is for health and education costs. And the Scandinavian safety net is renowned for its generous provisions for all citizens.
Half of Us are In or Near Poverty
$1 in expenses twenty years ago is now $1.25. $1 in earnings twenty years ago is now still $1.
More and more Americans are facing financial difficulty. Estimates of adults living from paycheck to paycheck range from half to 60 percent to 78 percent. Any sign of a recession would be devastating for most of us.
It's estimated that a typical U.S. household needs about $60,000 annually to meet all expenses. That's only manageable if two adults are working full-time for $15 per hour. Beyond that, little cushion exists. No American adult in the bottom 40% has more than $31,124 in total wealth, including house and car and savings (Table 3-4).
Booming Economy, Low Unemployment, and Other Deceptions
While 1 in 7 Americans is part of the world's poorest 10%, nearly 3 in 7 Americans are part of the world's richest 10%. The economy is booming for THEM. Yet the Wall Street Journal has the arrogance to claim that "Americans traditionally left behind...are reaping the benefits.."
How about the "jobs for everyone" fantasy? The official unemployment rate, according to the Bureau of Labor Statistics (BLS) itself, is based on employees "who did any work for pay or profit during the survey reference week." The BLS workforce includes contingent and alternative employment arrangements that make up about 10% of the workforce. It includes part-time workers (even one hour a week!), who make up about 16% of the workforce. And, inexplicably, it fails to count as unemployed those who have given up looking for work -- 4% more Americans than in the year 2000.
Many of today's 'gig' jobs don't pay a living wage, and most have no retirement or health benefits, no job security, no government regulations backing them, and usually a longer work day, with many people putting in 10- to 12-hour days for $13 per hour or less. According to a New York Times report, "41.7 million laborers -- nearly a third of the American work force -- earn less than $12 an hour, and almost none of their employers offer health insurance."
Safety Net Failures
While it's true that the U.S. spends a greater percentage of its GDP on social safety net programs than developing countries, Americans generally have to face much higher costs for housing, heating, transportation, child care, and other basic expenses.
Beyond this, there are significant shortcomings in American social protections, as pointed out by the UN. These include the "shockingly high number of children living in poverty" and the "reliance on criminalization to conceal the underlying poverty problem." Furthermore, with the call for work requirements comes the realization that the job market for the poorest Americans is "extraordinarily limited."
Poverty: Not Just a Number
Poverty is living without health care, and choosing the life-threatening alternative of opioid painkillers. Poverty is the stress of overwhelming debt; the steady decline of jobs that pay enough to support a family; the inability to afford a move to a desired neighborhood; the deadening impact of inequality on physical and mental well-being. The United Nations describes America as a nation near the bottom of the developed world in safety net support and economic mobility, with its citizens living "shorter and sicker lives compared to those living in all other rich democracies," with the highest infant mortality rate in the developed world, the world's highest incarceration rate, and the highest obesity levels. Low-income Americans are often surrounded by food deserts, with insufficient access to clean water and sanitation, and with the pollution levels of third-world countries. The poorest among us are even susceptible -- unbelievably -- to rare tropical diseases and once-eradicated scourges like hookworm.
The extreme levels of American poverty and inequality are ripping apart once-interdependent communities with mental health and homelessness problems, and with a surge in drug and alcohol and suicide "deaths of despair."
Part of the definition of poverty is "the state of being inferior in quality." As one of the most unequal nations in the entire world, America is also, in many ways, one of the most poverty-stricken.
A White House report recently proclaimed that the "War on Poverty is largely over and a success." United Nations Ambassador Nikki Haley said it was "ridiculous for the United Nations to examine poverty in America."
Well-positioned Americans must talk like this, of course, because admitting the debilitating state of poverty in America might provoke feelings of guilt for 35 years of oppressive economic policies. Wealthier people need to take an honest look at the facts. They need to face reality as it sadly exists in America today.
1 in 7 Americans is Part of the World's Poorest 10%
According to the Credit Suisse 2018 Global Wealth Databook, 34 million American adults are among the WORLD'S POOREST 10%. How is that possible? In a word, debt. In more excruciating words: stifling, misery-inducing, deadly amounts of debt for the poorest Americans. And it goes beyond dollars to the "deaths of despair" caused by the stresses of inferior health care coverage, stagnating incomes, and out-of-control inequality.
Numerous sources report on the rising debt for the poor half of America, especially for the lowest income group, and largely because of health care and education costs. Since 2008 consumer debt has risen almost 50 percent. The percentage of families with more debt than savings is higher now than at any time since 1962.
It could be argued that Scandinavian countries face the same degrees of debt as Americans. But far less of the debt is for health and education costs. And the Scandinavian safety net is renowned for its generous provisions for all citizens.
Half of Us are In or Near Poverty
$1 in expenses twenty years ago is now $1.25. $1 in earnings twenty years ago is now still $1.
More and more Americans are facing financial difficulty. Estimates of adults living from paycheck to paycheck range from half to 60 percent to 78 percent. Any sign of a recession would be devastating for most of us.
It's estimated that a typical U.S. household needs about $60,000 annually to meet all expenses. That's only manageable if two adults are working full-time for $15 per hour. Beyond that, little cushion exists. No American adult in the bottom 40% has more than $31,124 in total wealth, including house and car and savings (Table 3-4).
Booming Economy, Low Unemployment, and Other Deceptions
While 1 in 7 Americans is part of the world's poorest 10%, nearly 3 in 7 Americans are part of the world's richest 10%. The economy is booming for THEM. Yet the Wall Street Journal has the arrogance to claim that "Americans traditionally left behind...are reaping the benefits.."
How about the "jobs for everyone" fantasy? The official unemployment rate, according to the Bureau of Labor Statistics (BLS) itself, is based on employees "who did any work for pay or profit during the survey reference week." The BLS workforce includes contingent and alternative employment arrangements that make up about 10% of the workforce. It includes part-time workers (even one hour a week!), who make up about 16% of the workforce. And, inexplicably, it fails to count as unemployed those who have given up looking for work -- 4% more Americans than in the year 2000.
Many of today's 'gig' jobs don't pay a living wage, and most have no retirement or health benefits, no job security, no government regulations backing them, and usually a longer work day, with many people putting in 10- to 12-hour days for $13 per hour or less. According to a New York Times report, "41.7 million laborers -- nearly a third of the American work force -- earn less than $12 an hour, and almost none of their employers offer health insurance."
Safety Net Failures
While it's true that the U.S. spends a greater percentage of its GDP on social safety net programs than developing countries, Americans generally have to face much higher costs for housing, heating, transportation, child care, and other basic expenses.
Beyond this, there are significant shortcomings in American social protections, as pointed out by the UN. These include the "shockingly high number of children living in poverty" and the "reliance on criminalization to conceal the underlying poverty problem." Furthermore, with the call for work requirements comes the realization that the job market for the poorest Americans is "extraordinarily limited."
Poverty: Not Just a Number
Poverty is living without health care, and choosing the life-threatening alternative of opioid painkillers. Poverty is the stress of overwhelming debt; the steady decline of jobs that pay enough to support a family; the inability to afford a move to a desired neighborhood; the deadening impact of inequality on physical and mental well-being. The United Nations describes America as a nation near the bottom of the developed world in safety net support and economic mobility, with its citizens living "shorter and sicker lives compared to those living in all other rich democracies," with the highest infant mortality rate in the developed world, the world's highest incarceration rate, and the highest obesity levels. Low-income Americans are often surrounded by food deserts, with insufficient access to clean water and sanitation, and with the pollution levels of third-world countries. The poorest among us are even susceptible -- unbelievably -- to rare tropical diseases and once-eradicated scourges like hookworm.
The extreme levels of American poverty and inequality are ripping apart once-interdependent communities with mental health and homelessness problems, and with a surge in drug and alcohol and suicide "deaths of despair."
Part of the definition of poverty is "the state of being inferior in quality." As one of the most unequal nations in the entire world, America is also, in many ways, one of the most poverty-stricken.