This video is called Child Poverty Has Risen to 16 Million in the United States of America.
By David Brown in the USA:
New report shows rising US child poverty
31 July 2012
Among the report’s more stark figures, the number of children living in poverty increased by 1 million between 2010 and 2011. This is an astounding increase for a single year. It is particularly telling given that such a drastic increase in poverty continued well after the Obama administration officially declared that the recession had ended.
Between 2000 and 2010, the number of children living in poverty soared upward by nearly 30 percent, from 12.2 million to 15.7 million. “The additional 3.5 million children living in poverty is nearly equivalent to the entire population of the city of Los Angeles,” the report notes.
The report gathered data from various government agencies to rate each state on 16 different criteria. The criteria were split into four different categories: economic well-being, family and community, health, and education. All four indicators reveal a dramatic increase in economic stress on children.
A full 22 percent of all children in the US now live below the poverty line, which was a meager $22,113 for a family of four in 2010. The artificially low poverty cutoff leaves out many families that suffer from deprivation. According to the report, “families need an income of roughly twice the official poverty level to meet their basic needs, including housing, food, transportation, health care and child care.” Nearly half of all children, 44 percent, live in low income families that earn less than twice the poverty threshold.
A report by Washington, D.C. non-profit Action for Children has provided a detailed analysis of the living conditions of the District’s children in the ongoing economic recession. The report, entitled D.C. Kids Count, is the result of a joint effort between Action for Children and the Annie E. Casey Foundation, which released the nationwide Kids Count Data Book, surveying economic, health, and other measures of well-being for children across the country: here.
Over the last 9 years, the Bush tax cuts have delivered $1 million in tax breaks to the average millionaire: here.
Travis Waldron, ThinkProgress: “America’s 10 most profitable corporations paid an average corporate income tax rate of just 9 percent in 2011, according to a study from financial site NerdWallet reported by the Huffington Post. The 10 companies include Wall Street banks like Wells Fargo and JP Morgan Chase, oil companies like ExxonMobil and Chevron, and tech companies like Apple, IBM, and Microsoft”: here.
Gar Alperovitz, The Democracy Collaborative: “We often forget that it was once simply assumed the United States would move inevitably in the direction of ever greater equality. A 1963 American Economic Review article observed that ‘most recent studies’ of US economic history take for granted that ‘since the end of the depression the nation’s wealth has been redistributed and prosperity has been extended to the vast majority’”: here.
Poverty in Michigan has increased a staggering 66 percent since 2001, the largest increase of any state in the country: here.
Poverty up, income down in San Diego: here.