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ERIC Number: ED312358
Record Type: Non-Journal
Publication Date: 1989-Oct-20
Pages: 11
Abstractor: N/A
Reference Count: N/A
Poverty Rate and Household Income Stagnate as Rich-Poor Gap Hits Post War High.
Center on Budget and Policy Priorities, Washington, DC.
This study analyzes Census data which indicate the following U.S. poverty trends for 1988: (1) the gap between rich and poor is wider than at any point in the post World War II era; (2) the poverty rate showed no improvement and remains higher than the most severe recession years of the 1970s; (3) the share of the national family income going to the middle fifth of families was the lowest ever recorded; (4) per capita income rose due to the continued surge of income for wealthy households; (5) median household income remained stagnant for the second consecutive year; and (6) the income of the average poor family fell $4,851 below the poverty line. The data indicate that the following factors are responsible for the poverty trends: (1) economic factors; (2) cuts in government benefit programs; and (3) demographic shifts. The possibility of using an alternative poverty line set by the Census at $855 lower than the official poverty line is discussed. Four graphs and one table are included. (JS)
Center on Budget and Policy Priorities, 236 Massachusetts Avenue, NE, Suite 305, Washington, DC 20002.
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Center on Budget and Policy Priorities, Washington, DC.