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Almost Half of Americans Endure at Least One Aspect of Poverty: The Hidden Recession Continues to Hit Americans Hard.
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
mybudget360.com / April 17, 2016
Poverty is portrayed in a very simplistic fashion in the media. It is usually something that impacts other people far removed from your immediate family. However, poverty is incredibly widespread. This shouldn’t come as a surprise. We already know that half of the country lives paycheck to paycheck and is simply one small emergency from being out on the streets. We also know that in 2015 45,000,000+ people were assisted by food stamps. The number is still incredibly high but this year, nearly 1 million will lose access to food stamps because of how theunemployment rate is reported. Poverty is very real. The Brookings Institute just did a study and found that virtually half of Americans have endured some form of poverty. The report runs counter to the “great recovery” narrative.
The impact of poverty
Poverty first needs to be defined. Usually, poverty is defined by the most simplistic measure which is low income. However, there are a few other measures that correlate with poverty as well:
-Lack of education
-No health insurance
-Poor area
-Jobless family
It is good to see a survey that looks beyond income. Let us see how many Americans have endured some form of poverty?
The post Almost Half of Americans Endure at Least One Aspect of Poverty: The Hidden Recession Continues to Hit Americans Hard. appeared first on Silver For The People.
Thanks to BrotherJohnF
Source: http://silveristhenew.com/2016/04/18/almost-half-of-americans-endure-at-least-one-aspect-of-poverty-the-hidden-recession-continues-to-hit-americans-hard/
