Monday, August 24, 2020

The number of Americans living below the official poverty line has increased to 46.2 million, according to just released statistics by the Census Bureau. It is a record in the 52 years the bureau has surveyed poverty in the United States.

The median household income fell nationally last year back to the levels of 1997. It is the first time since the Great Depression that Americans earned less, adjusted for inflation, than they did over a decade ago.

Predictably, minorities were hit the hardest, with poverty rates twice as high as those of non-Hispanic whites. Southern states had the highest amount of people falling into poverty almost double the rate of the Northeast, Midwest and West.

The poverty threshold is an annual income of $22,314 for a family of four and $11,344 for a single person.

This is truly a lost decade, said Lawrence Katz, an economics professor at Harvard University. We think of America as a place where every generation is doing better, but were looking at a period when the median family is in worse shape than it was in the late 1990s.

As income declined, the number of people without health insurance coverage rose. Nearly 50 million are now uninsured, almost a million more since 2009. For many working-age Americans, job loss and long-term unemployment lead to loss of employer-provided health insurance or affordable alternatives. And those who are working often struggle to maintain their coverage. In 2010, approximately 55 percent of working Americans were insured by their employers, a 10 percent decrease from 2000, according to the census report.

Studies on the causes of poverty have shown that there are three important components that hold together the social safety net for most people: Income, health and relationships. If one of these fails, the other two are usually still able to bridge the gap, at least for some time. However, if two out of three are diminished, the chances for falling into poverty and even homelessness rise sharply. In other words, if you lose your job but are healthy and have a stable marriage or partnership (especially if there is a second income in a household), you are much better equipped to get through the ordeal of temporary unemployment than if you are sick and/or on your own. That may sound like a no-brainer, but it is exactly the kind of situation that most poor people are dealing with.

The harsh realities of poverty affect the youngest members of society even more. A fat reducing review can help you establish a clear summarize of what you require to focus on to achieve your fat loss objective if you're a novice; or serve as a reminder for those who are at an advanced or more improve stage of their weightloss strategy. Following are seven steps that can serve as suggestions for your own weight loss program. The first thing that one must understand is that losing weight and losing fat is not exactly the same thing. Many weight loss programs have fooled people into wondering that it is the same, but most diets and weight loss applications only work by leading to a person's body to burn more muscle flesh and water than actual body fat, more help please visit The Fat Loss Factor. 22 percent of children and adolescents under 18 are now considered poor. Hunger or what is called in bureaucratic terms, food insecurity, affects 15 million kids in this country today. Considering the importance of healthy nutrition for normal physical and mental development at a young age, there is a whole generation that is being lost in front of our eyes.

Nutrition-related diseases, such as obesity, diabetes and high blood pressure, are most common among the poor. With healthy foods out of reach because of high prices and lack of outlets in low-income neighborhoods, poor families have little choice but to survive on junk food.

The New York City Department of Health and Mental Hygiene has recently published a report on Health Disparities in Life Expectancy and Death, documenting current health disparities in New York City based on differences in race, ethnicity and economics. Other factors included in the study were social and physical environmental conditions, opportunities, stressors that impact health, access to primary and preventive health care and quality of health care received.

Trying to identify how poverty and health are interrelated, the researchers wrote: Living in poverty makes it difficult to know about, find or access a variety of resources that promote health and prevent illness. For example, people living in poor neighborhoods may have access to fewer opportunities to exercise and buy healthy food. Living with limited resources also increases stress and anxiety, which can, in turn, lead to unhealthy habits, like smoking and drug use. In the other direction, poor health can prevent people from completing their education and obtaining well-paying jobs, which can lead to subsequent poverty.

In other words, the decline of income, social safety and health are all part of the same vicious cycle. To break it, the Health Department makes a number of recommendations, including setting up health policies that benefit vulnerable populations, directing resources to target communities disproportionately affected by illness and premature death, and implementing policies that reduce economic and social disadvantages.

In the meantime, the White House and Congress continue debating how to cut hundreds of billions of dollars more from entitlements and aid programs. I guess the statistics are not scary enough just yet.

Timi Gustafson R.D. is a clinical dietitian and author of the book The Healthy Diner How to Eat Right and Still Have Fun, which is available on her blog, Food and Health with Timi Gustafson R.D. ( http://www.timigustafson.com), and at amazon.com. You can follow Timi on Twitter and on Facebook.


  • How Much Income Do You Need to Buy a House? - Yahoo! Homes

    homes.yahoo.com/news/much-income-buy-house-202559943.html

    If youre in the market for a new home, chances are youll have to compromise at some point along the way. Maybe youll have to commute a little farther than ...


  • News Release: Gross Domestic Product

    www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

    Data on gross domestic product (GDP), personal income/outlays, corporate profits, fixed assets, government receipts/expenditures. Plus interactive national income and ...


  • St. Louis Fed Publications

    www.stlouisfed.org/publications

    The St. Louis Fed produces a wide array of publications that cover numerous topics that include the economy, finanical institutions and community development.


  • Census: Middle class shrinks to an all-time low - Washington Post

    articles.washingtonpost.com/2012-09-12/business/35496368_1_income

    The vise on the middle class tightened last year, driving down its share of the income pie as the number of Americans in poverty leveled off and the most affluent ...


  • Income tax - Wikipedia, the free encyclopedia

    en.wikipedia.org/wiki/Income_tax

    An income tax is a tax on individual earnings (income) that is paid to the national government. In American English the term also applies to the same type of tax paid ...


  • USDA ERS - Prior Issues (through 2003)

    www.ers.usda.gov/amber-waves/prior-issues-(through-2003).aspx

    2010 through 2003 issues of Amber Waves. ... Prior Issues (through 2003) 2010 2009 2008 2007 2006 2005 2004 2003


  • Yahoo! Finance - Personal Finance

    finance.yahoo.com/personal-finance

    Jul 04, 2013 Read latest personal finance articles about loans, saving & spending, lifestyle, insurance, taxes, career & education, retirement, and real estate. Try our ...


  • Inequality.org News, Data & Statistics on Income, Health, Social ...

    inequality.org

    Your portal for news, data, and statistics on economic inequality, health and inequality, income inequality, social inequality, poverty and inequality, and global ...


  • Publication 525 (2012), Taxable and Nontaxable Income

    www.irs.gov/publications/p525/ar02.html

    In most cases, you must include in gross income everything you receive in payment for personal services. In addition to wages, salaries, commissions, fees ...


  • Poverty - Wikipedia, the free encyclopedia

    en.wikipedia.org/wiki/Poverty

    Poverty is the state of one who lacks a certain amount of material possessions or money. Absolute poverty or destitution refers to the deprivation of basic human ...


  • TurboTax Tax Preparation Software, FREE Tax Filing, Efile Taxes ...

    turbotax.intuit.comCheck Efile Status Personal Taxes Access Prior-Year Returns

    TurboTax is the 1-rated, best-selling tax software. Free Edition includes free IRS efile. Easily prepare your tax return and file income taxes online. Choose Easy.


  • Summary of Latest Federal Individual Income Tax Data Tax

    taxfoundation.org/article/summary-latest-federal-individual-income...

    Introduction. The U.S. is one of the few remaining developed countries that taxes the foreign profits of its multinational corporations on a worldwide basis.


  • Careers & Work - How To Information eHow

    www.ehow.com/careers

    Take your career to new heights. Our expert advice will help you land a job, navigate complicated work situations, get a raise or promotion or jumpstart a new career.


  • Supplemental Security Income - The United States Social Security ...

    www.ssa.gov/ssiSSI Eligibility Contact Us

    Information links about the cash assistance program entitled Supplemental Security Income (SSI).


  • Publication 969 (2012), Health Savings Accounts and Other Tax ...

    www.irs.gov/publications/p969/ar02.html

    A health savings account (HSA) is a tax-exempt trust or custodial account that you set up with a qualified HSA trustee to pay or reimburse certain medical ...


  • Disability Benefits 101 - Choose Your State

    db101.org

    Disability Benefits 101 gives you tools and information on employment, health coverage, and benefits. You can plan ahead and learn how work and benefits go together.


  • Welcome [eligibility.sc.egov.usda.gov]

    eligibility.sc.egov.usda.gov/eligibility/welcomeAction.doSingle Family Housing Program Rules Rural Development

    Welcome to the USDA Income and Property Eligibility Site: This site is used to determine eligibility for certain USDA home loan programs and the USDA Satellite

  • Money and Markets FREE Financial Investment Publication

    www.moneyandmarkets.com

    Our experts at Money and Markets provide you with vital and timely insight, advice, and global financial investment information.

  • No Ticker Symbol - Yahoo! Finance

    finance.yahoo.com/q/is?annual

    Get the detailed quarterly/annual income statement for (). Find out the revenue, expenses and profit or loss over the last fiscal year.

  • Justice Define Justice at Dictionary.com

    dictionary.reference.com/browse/justice

    noun 1. the quality of being just; righteousness, equitableness, or moral rightness: to uphold the justice of a cause. 2. rightfulness or lawfulness, as of a claim or ...

  • Who Rules America: Wealth, Income, and Power

    www2.ucsc.edu/whorulesamerica/power/wealth.html

    This document presents details on the wealth and income distributions in the United States, and explains how we use these two distributions as power indicators.

  • The Roadmap Plan A Roadmap for America's Future The

    www.roadmap.republicans.budget.house.gov/plan

    Contents Introduction: A Choice of Two Futures. Today's Major Domestic Challenges. A Roadmap for America's Future: Description of the Legislation

  • Personal Finance - How To Information eHow

    www.ehow.com/personal-finance

    Take your career to new heights. Our expert advice will help you land a job, navigate complicated work situations, get a raise or promotion or jumpstart a new career.

  • Car Insurance Comparison Auto Insurance Quotes Insurance.com

    www.insurance.com

    For affordable rates on auto, home, life, health and other insurance coverage, turn to Insurance.com. Easily compare rates from top companies with a single ...

0 comments:

Post a Comment