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Poverty in America

Poverty in America. Mr. O’Brien Spring 2014. Playspent.org. Stats on Poverty. Poverty: Total income for a family of four is $23,500 or less 16% of America, 20% of American children Ohio’s minimum wage is $7.95 (as of January 2014)

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Poverty in America

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  1. Poverty in America Mr. O’Brien Spring 2014

  2. Playspent.org

  3. Stats on Poverty • Poverty: Total income for a family of four is $23,500 or less • 16% of America, 20% of American children • Ohio’s minimum wage is $7.95 (as of January 2014) • If you worked 40 hours a week at this rate, every single week of the year, you would only make $16,536 (before taxes)

  4. Which do you believe in? • Generational Poverty: When you’re born in poverty, you’re stuck in poverty. • True for 42% of children who never escape poverty VS. • The American Dream: No matter who your parents are, you can “make it” in America. • True for 8% of poor children who make it to the top fifth of society

  5. PBS “Poor Kids”, Sera in SF

  6. THE BIG QUESTION IS… How do we change the cycle of poverty in America and ensure that everyone has an equal opportunity to achieve the American Dream?

  7. Possible Options Talent Education Support system

  8. #OccupyWallStreet Video

  9. REVIEW 1. You graduate from school but have trouble finding a job. A. Structural Unemployment B. Seasonal Unemployment C. Cyclical Unemployment D. Frictional Unemployment

  10. 2. In the Great Recession many companies were forced to lay off their employees, regardless of the job they were doing. A. Structural Unemployment B. Seasonal Unemployment C. Cyclical Unemployment D. Frictional Unemployment

  11. 3. A lifelong farmer moves into the city to find a higher-paying job. A. Structural Unemployment B. Seasonal Unemployment C. Cyclical Unemployment D. Frictional Unemployment

  12. 4. Winter ends and a snow plow driver is out of work. A. Structural Unemployment B. Seasonal Unemployment C. Cyclical Unemployment D. Frictional Unemployment

  13. True/False 5. A full-time college student without a job are counted in unemployment. 6. Retirees are considered employed. 7. Someone who is not working, but also not looking for a job, is counted in unemployment. 8. A stay-at-home parent is employed.

  14. Calculate. 9. A country whose labor force is 306 million people has 92 million unemployed. 10. A country whose labor force is 13 million people has 1.2 million unemployed. EXTRA CREDIT: 11. A country has an unemployment rate of 22%, which corresponds to 41 million people unemployed. 12. A country of 2.1 billion people in the work force has 130 million people unemployed.

  15. Calculate. 13. An single mother in Washington does not have a college degree and only earns the state minimum wage ($9.32). She works full time (40 hours) every week of the year (52 weeks). How much does she make in a year? 14. If the poverty threshold is $23,500 for a family of four, does she make enough to feed her three children?

  16. Explain. 15. How does the concept of generational poverty contradict the American Dream? 16. Which do you think is closer to reality in the American economy? Why?

  17. 17. How do our political parties differ in assessing why poverty exists? 18. How do they differ in promoting policies to eradicate poverty?

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