Analyzing US Poverty Trends Case Study

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Poverty in the U.S.

Symptoms

Proponents of the "structural" view believe that the most reasons of poverty has innate linkages with economy and its interconnecting institutional practices, which have been bias towards certain segments of the people on the basis of gender, class or race. Work practices most institutions are inclined to maintain numerous hindrances to various segments of the people. Unemployment, median income and calculation of income inequality are considered as structural economic aspects. The impact of unemployment and escalation in median income are written-evidences and their link to poverty is obvious (Jordan, 2004).

As per 2003 statistics, 12.8% persons other than old age people and 17.6% children of the families with incomes lived below the poverty line. In 2003, the poverty rates of men and women were 11.7% and 13.9%, respectively; more probably women were poorer than men. This tiny difference is due to men and women living together in most families, therefore, they have same income and poverty levels. 7% was the poverty rate for people who were headed by the married person. On the other hand, 40.3% was the poverty rate of the families with persons, including children (5/6 were unmarried female heads). Lastly, in 2003 families with single head and without children had a rate of 17.9% (Hoynes, Page, & Stevens, 2006). This economic system is capitalism, based on excessive numbers of workers that also crates competition among workers for positions; this system boosts an ongoing process of skills development and performance, but wages remain low. The republican stance has another view; although the present form of American capitalism to some extent is based on the presence of a lower class, which is also a cause of poverty (Jordan, 2004).

Diagnosis

During the last several decades, policy makers, international funding agencies, researchers, non-governmental organizations (NGOs) and others, have been in a hurry to study the nature and reasons of poverty as much as possible to find out various remedies for declining and probably eradicating poverty.


Social Capital

Some analyst takes the concept of social capital as providing the likelihood for a clearer understanding of poverty, which can further set a new example. Most of the analysts having applied the concept of social capital say it shows the involvement and potential of the poor. It is discussed that agreeably, the poor, despite less approach to the other financial means, possess enormous social capital, like social connections and networking by getting organizations' membership, consumerism etc., making them able to handle livelihood problems and manage likelihood of capital accumulation in order to get rid of poverty (Kay, 2006).

Improving Education Outcomes for Poor Children

During the several last decades, the methodology of education-policy has evolved interestingly; now it is easy to find out reasonably-sized program effect within the intricate framework, which decides schooling results. The reasonable criterion of success for policy interference is to ensure that they produce maximum advantages instead of magical advantages. Education guidelines, which can improve the results of poor children, have their costs justified, even if these guidelines are not adequate in providing equal learning opportunities to children in America (Jacob & Ludwig, 2009).

Cure

Education; the Cure for Poverty

In 1980s and early '90s, salaries of college graduates interestingly rose as compared to those who had only high-school diploma. The benefit that high-school graduates got as compared to dropouts had been flat for decades. In1973, earnings of high-school graduates was 15.7% higher than dropouts; it was 15.9% in 1989, 16.1% in 2000, and 15.5% last year, respectively (Bernstein, 2007).

It is obvious that well-educated people possibly get higher wages. Education by itself cannot be seen as an adequate source of poverty reduction. Besides, the need for educational enhancement and skill training, poor people also require an….....

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https://www.aceyourpaper.com/essays/analyzing-poverty-trends-2158307