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As the cost of living continues to rise, more and more Americans are falling into poverty. About 46 million people, or around one in six Americans Cheap Benoit Pouliot Hat , are currently at or below the poverty line. These folks have a combined income of $18,000 a year or less for a family of four. Most rely on federal assistance and help programs such as food stamps to make ends meet. The rest must pinch every penny and hope that nothing unexpected occurs.

How did it happen?

From colonial times to the Great Depression to today, there has always been poverty in America. But the 27 percent increase in penury over the last six years is more than a mere anomaly; it is a frightening trend that threatens the future of the middle class. These are the people who do most of the work and pay most of the bills in America. When they fall into poverty and stop producing as they did before, the nation itself is put in jeopardy.

Changing demographics

One of the many explanations for rising poverty rates in the U.S. is that the proportion of retired people to working people is higher than ever. In other words Cheap Rasmus Ristolainen Hat , we have an aging population that must be supported by fewer workers than in the past. This situation creates an unavoidable imbalance in large social programs such as Medicare and Social Security, whose primary purpose is to take care of the elderly. The only way to keep them afloat is to make cuts, which appears to be inevitable at this point.

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