“Near Poor”

The Sober Reality: Half Of America Is Poor, Or “Near Poor”!

Ronald 1 Comment

The US Census Bureau has revealed that the economic conditions of the American people are far worse than ever recognized before now.

Along with 49 million below the poverty line, there are now 97 million Americans who have low income, defined as a family of four earning under $45,000 , due to loss of a job or a pay cut.

So that means HALF of the country is poor, or “near poor”!

This is serious business, a crisis of massive proportions, and the top one percent sit by and do not give a damn, and the corporations keep on holding onto money, enriching themselves and their stockholders, and claim they cannot hire people after they have been balled out by the government, or have lobbied for preferential treatment!

The country is becoming more plutocratic by the day, and it is dangerous for capitalism that this is going on, as it can turn average Americans against the whole concept of capitalism, as long as only a small percentage can benefit from it!

Under the circumstances, it is quite amazing that there are not more people out in the streets, involved in the “Occupy Wall Street’ movement!

It is also worrisome that as time goes on, and conditions become worse, that we might see mass violence on the part of desperate Americans, who will see no alternative.

The idea of mass demonstrations and demands for change is not being felt only in the Arab world, in Greece and Italy, and in the Russian Federation. It is becoming an issue of fairness and equity being felt in a country that considers itself democratic in nature, and yet allows the uninhibited acquisition of wealth on the back of millions of Americans who just want an equal opportunity for the “American Dream”!

The “Near Poor”: A New Category Of Poverty

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In the past, we have known that poverty existed, and the fact that about 49 million people, one out of six in this country, are in that sad state, a large percentage of them being children.

But now the Census Bureau, through gathering of new data, has come up with a new category, the “near poor”.

This category is approximately 51 million people, making for a total of about 100 million people, one out of THREE, who are either in poverty or in “near poverty”!

Of course, the “near poor” are better off than those defined as “poor”, in the sense that they work and own a car, but they own a car with a lot of mileage, do not make enough to have a sense of “getting ahead”, and often do not have health care coverage, which means if they get sick or have an accident, it sets them back with heavy bills that can push them over the line into poverty.

There is no room for error among this group, as they teeter on the verge of bankruptcy from unexpected bills that may crop up, and they are unable to have much hope about the future.

One third of the “near poor” are elderly, and 39 percent are children. The “American Dream” is not coming through for these people at both ends of the age spectrum! The group of 51 million people is just “scraping by”, and there is a sense of hopelessness.

If one has an income under $50,000 in major metropolitan areas, he or she fits into this group if part of a family of four, and they have suffered from a decade of flat wages, as well as the economic collapse of the Great Recession. The fact that many live in the suburbs is misleading, as we are witnessing the growing poverty of many suburban communities, and the foreclosures on many homes, decimating what were once middle class neighborhoods.

As the saying goes, there is no “wiggle room” for this category of “near poor”, as they struggle every day to stay “above water”, with the danger of “drowning”, falling into poverty.