Low-Income Workers See Biggest Drop in Paychecks

Despite steady gains in hiring, a falling unemployment rate and other signs of an improving economy, take-home pay for many American workers has effectively fallen since the economic recovery began in 2009, according to a new study by an advocacy group that is to be released on Thursday. The declines were greatest for the lowest-paid […]

How the Safety Net Cuts Poverty Rates

Without Social Security, the poverty rate among senior citizens in the U.S. would be more than 50 percent; instead, it’s just 14.6 percent. For people of all ages, food stamps cut the poverty rate by about 10 percent, and they reduce poverty among those under 18 by even more than that. And refundable tax credits, […]

Welfare programs shown to reduce poverty in America

Food stamps. Unemployment benefits. Social security. Earned income tax credits. Do these social welfare programs work? Yes, according to a new study from the Pew Charitable Trusts. Safety nets like food stamps prevent millions more people from struggling to put food on the table, says Jake Grovum, who analyzed the data for the Pew Charitable […]

Economic Inequality in America: Developing a New War on Poverty

How big of an issue is poverty in America today, and what are the most effective ways to address it? Is America still the great land of opportunity — where if you work hard and play by the rules, you can make it? This week is the 50th anniversary of President Lyndon B. Johnson’s declaration […]