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Although the federal government's 1996 reform of welfare brought some improvements for the nation's poor, it also may have made extremely poor Americans worse off.
Barack Obama promised to halve poverty within ten years. His Republican opponent, John McCain, vowed to â€œmake the eradication of poverty a top priority of the McCain Administration.â€ Even in the current economic situation, in developed countries, this kind of rhetoric about cutting â€œpovertyâ€ is misleadingly outmodedâ€”because it implicitly suggests that government income transfers can be the vehicle for achieving substantial reductions in poverty.
In the current dual-income economy the loss of one person's job can put the family at financial risk, U.S.
By Kelly Evans WASHINGTON (Reuters) - The heated debate in Congress this week over whether to raise the U.S. minimum wage from $5.15 an hour has divided not only politicians but also economists, who differ over whether it helps or hurts the working poor.
Please read in 24th paragraph ...The minimum wage, which stands at $5.15 an hour... A corrected story follows: By Bernd Debusmann WASHINGTON (Reuters) - Four decades after a U.S.
By Bernd Debusmann WASHINGTON (Reuters) - Four decades after a U.S. president declared war on poverty, more than 37 million people in the world's richest country are officially classified as poor and their number has been on the rise for years.
UNITED NATIONS (Reuters) - Many women fall through the cracks of the global campaign against poverty because they are more likely than men to hold jobs that pay less and offer less job security, a U.N. report said on Wednesday.