notes 3-18-08 - When compared to other industrial...

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When compared to other industrial democracies, the US has the highest proportion of its population living in poverty. Among the industrialized nations, the US has the highest rate of child poverty (one in 6). Nearly 11 million (15.5 percent of all children) have no health insurance 500,000 children in the US are homeless. The infant mortality rate in some US inner cities rivals that of third world countries. Compared with Canada and the nations of western Europe and scandanavie, the US eliminates much less poverty than any of the other 14 nations through welfare subsidies. The official poverty line or threshold is based on the minimal amount of money required for a subsistence level of living. The number is computed by multiplying by cost of a basic nutritionally adequate diet. The number is based on a 1955 finding that poor people spend one-third of their income on food. The poverty threshold is adjusted annually to account for inflation
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This note was uploaded on 03/31/2008 for the course ISS 215 taught by Professor Lang during the Spring '06 term at Michigan State University.

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notes 3-18-08 - When compared to other industrial...

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