Search

Showing total 2 results
2 results

1. Extent of Material Hardship and Poverty in the United States - Comment.

Author

Bishop, John A., Formby, John P., and Buhong Zheng

Subjects
*POVERTY, *POOR people, *COMMUNITY development banks, *ECONOMIC development
Abstract

This paper comments on the work of Rector et al. (1999a, 1999b). The poverty lines implicit in their restrictive material deprivation approach are disputed and the claim that America has triumphed over poverty is rejected. Evidence is presented showing that poverty among the poorest Americans has significantly increased and is now near an all time high. The long economic expansion since the recession of 1990-1991 has left hardcore poverty essentially unchanged and relative deprivation among the poorest of the poor has increased. [ABSTRACT FROM AUTHOR]

Published
1999
Full Text
View/download PDF

2. Conclusion.

Subjects
*POVERTY, *POOR people, *ECONOMIC development, *LABOR supply, *INVESTMENTS, *SOCIAL security
Abstract

The article provides an analysis on poverty among low income workers in the U.S. Several policy reforms are needed to provide opportunities for economic development. Suggestions include assisting people to enter the labor force, formulating the right long-term investments and shoring up social insurance programs. These steps accordingly enable the poorest individuals to become productive.

Published
2007