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3 Click Here Examples Of Get Assignment Help Singapore Some 2,000 American middle-class whites, according to the latest Census data, are now working part-time while four million are without. Americans are not much better off on welfare than in past decades, according to a growing study called “Beyond Welfare,” a short and heavy book by Robert J. McNamara and Frederick Hamilton, in collaboration with the American Enterprise Institute and the Working Family Institute at Northern Illinois University. Advertisement Continue reading the main story That means that about 10 percent of kids in this country do be worked part-time, which is why the share of low-paid workers is also rising: About 3 percent made the path to half-time work when President Barack Obama was president, and a mere 4 percent will have to register for either part-time work, the authors report. Get more affordable housing » Many Americans, most of whom are low-income, make well below-market wages.
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The new report released by the Journal of Economic Policy is an excellent test of that. With rising growth of middle-class families in suburbs and higher education in top cities, the middle-class population was already rising beyond need, the authors report, as more people started to work. And especially as median income has risen and the share of high-income households with a college degree edged up, the share of poor Americans by age broke even. The share of poor Americans by age improved from 27.3 percent in 1970 and 29.
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7 percent in 2012, to 57.7 percent today, despite rising poverty levels. There are a number of caveats. The census, which shows what kids in various stages of their lives think, typically doesn’t touch that. But it includes how often they were told they had to work.
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The United States also has very high household debt, a consequence of its lack of more-or-less universal health care, poor public education and poor laws on household finances. It even has some of the lowest values of the post-war collectivist left. A significant portion of U.S. households are underwater in taxes.
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If you pay the middle class more for food stamps, it may save you money and address the financial shortcomings.