650 million escape extreme poverty. Thanks China!
Extreme poverty in the developing world is on the decline, according to estimates released by the World Bank. And you can thank China's powerhouse economy for most of it. Nearly 650 million people...
View ArticleLiving on less than $2 a day
Can you imagine living on less than $2 a day? That's exactly what nearly 1.5 million American families have had to do. The number of households living on $2 a day or less, per person, surged by 130%...
View ArticleThe poor stay poor
The poor are finding it even tougher to escape from the lowest income ranks these days. Most of those in the poorest income quintile spent all or nearly all of the period between 1996 and 2006 stuck...
View ArticleObama's welfare-to-work firestorm
Mitt Romney is accusing President Obama of turning the clock back on welfare reform. The Republican challenger Tuesday launched a new ad charging Obama with gutting the landmark 1996 welfare reform law...
View ArticleSuburban poverty soars
Poverty is growing faster in the suburbs than anywhere else in the United States, soaring 64% over the past decade. That was more than twice the growth rate of the urban poor population, according to...
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