21 Facts About The Explosive Growth Of Poverty In
America That Will Blow Your Mind
By Michael Snyder
November 03, 2015 "Information
Clearing House" - "The
Economic Collapse" - What you
are about to see is more evidence that the growth of poverty in the
United States is wildly out of control. It turns out that there is
a tremendous amount of suffering in “the wealthiest nation on the
planet”, and it is getting worse with each passing year. During
this election season, politicians of all stripes are running around
telling all of us how great we are, but is that really true? As you
will see below, poverty is reaching unprecedented levels in this
country, and the middle class
is steadily dying. There aren’t enough good jobs to go around,
dependence on the government has never been greater, and it is our
children that are being hit the hardest. If we have this many
people living on the edge of despair now, while times are “good”,
what are things going to look like when our economy really starts
falling apart? The following are 21 facts about the explosive
growth of poverty in America that will blow your mind…
#1 The U.S.
Census Bureau says that
nearly 47 million Americans are living in poverty right now.
numbers from the U.S. Census Bureau are also very disturbing. For
example, in 2007 about one out of every eight children in America
was on food stamps. Today, that number is
one out of every five.
According to Kathryn J. Edin and H. Luke Shaefer, the authors of a
new book entitled “$2.00
a Day: Living on Almost Nothing in America“, there are 1.5
million “ultrapoor” households in the United States that live on
less than two dollars a day. That number has doubled since 1996.
46 million Americans use food banks each year, and lines start
forming at some U.S. food banks as early as 6:30 in the morning
because people want to get something before the food supplies run
number of homeless children in the U.S. has increased
by 60 percent over the past six years.
Poverty USA, 1.6 million American children slept in a homeless
shelter or some other form of emergency housing last year.
in New York City have identified
80 separate homeless encampments in the city, and the homeless
crisis there has gotten so bad that it is being described as an
#8 If you
can believe it,
more than half of all students in our public schools are poor
enough to qualify for school lunch subsidies.
According to a Census Bureau report that was released a while back,
65 percent of all children in the U.S. are living in a home that
receives some form of aid from the federal government.
According to a report that was published by UNICEF,
almost one-third of all children in this country “live in
households with an income below 60 percent of the national median
#11 When it
comes to child poverty, the United States
ranks 36th out of the 41 “wealthy nations” that UNICEF looked
number of Americans that are living in concentrated areas of high
has doubled since the year 2000.
45 percent of all African-American children in the United States
live in areas of “concentrated poverty”.
40.9 percent of all children in the United States that are being
raised by a single parent are living in poverty.
48.8 percent of all 25-year-old Americans still live at home
with their parents.
are simply not enough good jobs to go around anymore. It may be
hard to believe, but
51 percent of all American workers make less than $30,000 a
are 7.9 million working age Americans that are “officially
unemployed” right now and another 94.7 million working age Americans
that are considered to be “not in the labor force”. When you add
those two numbers together, you get a grand total of
102.6 million working age Americans that do not have a job right
a home has traditionally been a signal that you belong to the middle
class. That is why it is so alarming that the rate of homeownership
in the United States has been falling
for eight years in a row.
According to a recent Pew survey,
approximately 70 percent of all Americans believe that “debt is
a necessity in their lives”.
#20 At this
25 percent of all Americans have a negative net worth. That
means that the value of what they owe is greater than the value of
everything that they own.
#21 The top
0.1 percent of all American families have
about as much wealth as the bottom 90 percent of all American
If we truly are “the greatest nation on the
planet”, then why can’t we even take care of our own people?
Why are there tens of millions of us living in
we really aren’t so great after all.
It would be one thing if economic conditions were
getting better and poverty was in decline. At least then we could
be talking about the improvement we were making. But despite the
fact that we are stealing more than a hundred million dollars from
future generations of Americans
every single hour of every single day, poverty just continues to
grow like an aggressive form of cancer.
So what is wrong?
Why can’t we get this thing fixed?
Tell us what you think we should do as a nation to
solve this problem by posting a comment below…