Poverty In America

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Poverty is simply defined as a scarcity of material possessions, resources, and money. To put poverty in a simple scope, 46.5 million people in the United States and half the world’s population live in poverty today (US). People in Haiti, the poorest country in the western hemisphere, live off of a dollar or two a day. In the United States the government measures poverty through an absolute method. An American economist, Orshansky developed the standard of measuring poverty in 1963. She took the cost of a minimum nutritious diet, and multiplied it by three because Americans in that time typical spend a third of their income on food. The poverty line has been tweaked for different sized families. During that time, 22% of all Americans were considered poor in 1960s.
When looking at the poverty threshold closer to the present, in 2012, the United States Census Bureau computed the poverty threshold for a family of four as $23,492 (US). Although poverty threshold is adjusted for changes in price, it is not changed
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The first, President Kennedy was aware of issues with poverty, and would make important improvements in both the welfare and Social Security. The administration added food stamps, Medicare, health insurance for the old, and Medicare, health insurance for the poor. After Kennedy’s assassination Lyndon Jonson became president and started a “War on Poverty.” These legislative, like the Aid to families with dependent children (AFDC) which gave out food stamps, Medicaid and social security, caused the poverty rate to drop substantially. Later the AFDC lost its entitlement status and became the Temporary Assistance for Needy Families (TANF) which was more willing to feed families then to give money. The last main president during this time was Nixon, who continued the work to reduce poverty with the Supplemental Security Income (SSI) which provides income for needy elderly, blind, and