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Possible Causes of Poverty as a Current Economic Issue in the US - Essay Example

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An essay "Possible Causes of Poverty as a Current Economic Issue in the US" reports that the United States has a unique measure of poverty that is seemingly different from that used by many countries. The US government set the poverty threshold as a measure that recognizes poverty…
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Possible Causes of Poverty as a Current Economic Issue in the US
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Possible Causes of Poverty as a Current Economic Issue in the US

Download file to see previous pages... Poverty is an economic issue that is viewed from various perspectives by different individuals. According to the Wall Street Journal as well as an NBC News Poll, most of the Americans believe that the government welfare is the key reason for the growth of poverty in the United States (McClam). It is stated that Americans today blame the promise of the former President Bill Clinton, which aimed at tackling the social-economic issue. The concern is based on mainly an economic cause rather than a social cause (Sheffield). According to a poll released by on the Wall Street Journal, welfare was considered the key cause of this economic issue rather than other factor related to the economic distribution of resources. Given a list of at least eight factors, participants were asked to choose a factor that was most responsible for the persistent poverty problem in the country. About a 24 percent of the respondents claimed that a lot of government welfare prevents initiate thereby contributing to poverty as a serious economic problem. The aspect of Americans being too dependent on the government is caused by various presidential campaigns such as the case of the former President Bill Clinton. Even the case of the current president has a great effect on the current economic situation leading to staggering poverty within the global giant economy (Paletta). Other common claims about the causes of poverty in the United States today are inadequate job opportunities. In this case, the individuals lacking sustainable jobs would definitely lack enough income to keep them going throughout the stiff economic conditions. This becomes even harder during this time when the world is faced with global economic crises. ...Download file to see next pagesRead More
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