Posted on November 6, 2018
The United States of America is one of the world’s most powerful nations, and is the third country in population, which equals to 326 625 791 inhabitants. The Americans have built a real democratic society with the second world’s largest economy, “with a per capita GDP of $59, 500” (“The World Factbook”), which ranks world’s 19th in 2017. At the same time, the American nation has a lot of social problems as the world’s largest drug user. The country depresses in wages of poor citizens, increases in pension and medical expenses, and, also in investments of various projects aggravated the general economic situation. It causes such phenomena as budget deficits leading to poverty. Poverty is the most dangerous social problem all over the world irrespective of the economic and political development of the country. It needs special social programs for eliminating such a shameful social phenomenon lest the country should decay under social riots, terrorist attacks, or even armed conflicts.
The definition of poverty is a state of deprivation, lacking the usual or socially acceptable amount of money or material possessions. The most common measure of poverty in the U.S. is the “poverty threshold” set by the U.S. government. Who are social groups influenced by poverty? They were racial and ethnic minorities, children, women, old folks, unemployed and disabled persons, and low educated and unskilled citizens. African Americans and Hispanics were the most suffered from poverty racial minority groups. poverty is associated with economic recession.In 2013, 20 percent of all low educated adults were unemployed compared to 6.5 percent of the unemployed with a bachelor’s and other degrees. The poor employable age persons were 29.8 percent of the total number of unemployed. 11.3 percent of the total population was disabled individuals, and 26.0 percent of them lived below the poverty line. In 2013, 4.2 million or 9.5 percent of aged persons lived in poor social conditions. If we don’t do anything. Poverty is going to get worse in America.
One can eliminate it with the help of other countries. Special social programs on supporting children from single parent families to get a higher education, creating new working places in the South and joint ventures in Latin America, and naturalizing young immigrants can increase budget revenues eliminating low income social groups.