how can we reduce poverty on our own level
Answers
Explanation:
The Census Bureau released its annual income, poverty, and health insurance report yesterday, revealing that four years into the economic recovery, there has been some progress in the poverty rate as it fell from 15 percent in 2012 to 14.5 percent in 2013, but there was no statistically significant improvement in the number of Americans living in poverty. Furthermore, low- and middle-income workers have seen little to no income growth over the past decade, as the gains from economic growth have gone largely to the wealthiest Americans.
With flat incomes and inequality stuck at historically high levels, one might assume that chronic economic insecurity and an off-kilter economy are the new normal and that nothing can be done to fix it. But there is nothing normal or inevitable about elevated poverty levels and stagnant incomes. They are the direct result of policy choices that put wealth and income into the hands of a few at the expense of growing a strong middle class.
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