Stephen Pimpare

Future Hindsight · Mar 30, 2019 · 26m

Poverty is widespread

Hardship in America is common. In all of rich democracies, we have the highest rates of poverty among the elderly and also among children. In fact, the majority of Americans will be poor for a significant period of time over the course of their lives: 62% percent will have their income at the bottom 20 percent for a year or more in their adult life, and 42% percent have income for a year or more at the bottom 10 percent of the distribution. About 21% of children live in families with incomes below the federal poverty level.

Misconceptions about poverty

Americans perceive…