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Unformatted text preview: Click to edit Master subtitle style 10/6/09 Poverty In America 10/6/09 What is Poverty? According to Mollie Orshansky , who developed the poverty measurements used by the U.S. government, "to be poor is to be deprived of those goods and services and pleasures which others around us take for granted." 22 10/6/09 How do we measure poverty? { 2 7 3 7 2 F 2 0 -0 C 6 A -4 C 9 0 -B 1 8 D -6 8 5 F B E 7 0 2 A E } There are two versions of the federal poverty measure: rty thresholds rty guidelines 33 10/6/09 Using Poverty Thresholds { 3 8 D 1 6 9 E 1 -5 D 2 A -4 B C 7 -8 9 5 2 -F 1 9 3 F 7 A 7 A } Money Income { E 6 4 B 2 0 6 7 -6 F 7 0 -4 6 D -B 0 7 0 -D C 4 D E 8 E 8 1 C 7 2 } Poverty Threshold { 7 5 8 A 1 9 D F -0 6 B 7 -4 9 0 3 -B 9 D 2 -5 7 A B D 2 4 B F 8 0 F } Poverty 44 10/6/09 Poverty Thresholds for 2007 by Size of Family and Number of Related Children Under 18 Years Size of Family Unit Weighted Average Threshold Related children under 18 years None One Two Three Four Five Six Seven 8 or more One person (unrelated individual) 10,590 Under 65 years old 10,787 10,787 65 years and older 9,944 9,944 Two people Under 65 years old 13,540 ..Householder under 65 years 13,954 13,884 14,291 ..Householder 65 years and over 12,550 12,533 14,237 Three people 16,530 16,218 16,689 16,705 Four people 21,203 21,386 21,736 21,027 21,100 Five people 25,080 25,791 26,166 25,364 24,744 24,366 Six people 28,323 29,664 29,782 29,168 28,579 27,705 27,187 Seven people 32,233 34,132 34,345 33,610 33,098 32,144 31,031 29,810 Eight people 35,816 38,174 38,511 37,818 37,210 36,348 35,255 34,116 33,827 Nine people or more 42,739 45,921 46,143 45,529 45,014 44,168 43,004 41,952 41,691 40,085 Source: U.S. Census Bureau 10/6/09 Example Family A has five members: two children,...
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This note was uploaded on 03/24/2009 for the course BUAD 350 taught by Professor Safarzadeh during the Fall '07 term at USC.

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presen - Click to edit Master subtitle style 10/6/09...

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