POVERTY IN A WORLD OF WEALTH
The poverty level in the United States is one of the highest in the world. Inequality can refer to economic inequality which is the difference in how assets, wealth, or income are distributed among individuals and/or populations. It is also described as the gap between rich and poor, income inequality, wealth disparity, wealth and income differences, or the wealth gap.Inequality can also refer to gender discrimination in social institutions and other gender issues such as the violence against women.
INCOME INEQUALITY
Inequality can refer to economic inequality which is the difference in how assets, wealth, or income are distributed among individuals and/or populations. It is also described as the gap between rich and poor, income inequality, wealth disparity, wealth and income differences, or the wealth gap.Inequality can also refer to gender discrimination in social institutions and other gender issues such as the violence against women.
The gap between rich and poor keeps widening. Growth, if any, has disproportionally benefited higher income groups while lower income households have been left behind. This long-run increase in income inequality not only raises social and political concerns, but also economic ones. It tends to drag down GDP growth, due to the rising distance of the lower 40% from the rest of society. Lower income people have been prevented from realising their human capital potential, which is bad for the economy as a whole.
SAN FRANCISCO AS AN EXPERIMENT ENVIRONMENT
California has a poverty rate of 23.5 percent, the highest of any state in the country, according to figures released by the United States Census Bureau. In our example city, San Francisco The pay gap is vivid and palpable. There are an estimated 108,328 people the live in poverty (approx. 13.3%), around 14,000 of these are children. There are currently at least 7 industries where the typical full-time salary falls under the poverty line
HEALTHCARE SUPPORT: $31,170 ($1,274 ABOVE THE POVERTY LINE, IS ABOUT $106/MO MORE)
-------------------------------- POVERTY LEVEL (1 ADULT): $29,896 --------------------------------
TRANSPORTATION & MOVING: $29,380 SALES & RETAIL: $28,250 BUILDING & GROUNDS MAINTENANCE: $25,240 PERSONAL CARE & SERVICE: $22,510 FOOD PREPARATION & SERVING: $20,050 FARMING, FISHING AND FORESTRY: $18,990
POSSIBLE SOLUTIONS:LAND RENT AS ECONOMY SUPPORT
A visualization of property costs across the United States
