With the exception of Mexico and Russia, the U.S. devotes the smallest portion of its gross domestic product to federal anti-poverty programs, and those programs are among the least effective at reducing poverty, the study found. Again, only Russia and Mexico do worse jobs. One in three Americans will experience a full year of extreme poverty at some point in his or her adult life, according to long-term research by Mark Rank, a professor of social welfare at the University of Wisconsin, Madison.
Tuesday, June 15, 2010
This is a worthy flashback to 2007: In "US Economy Leaving Record Numbers in Severe Poverty," Tony Pugh puts some perspective on how little the U.S. allocates toward poverty reduction: