Cost of Poverty

Poverty Here? A 2017 study by OECD (Organization for Economic Co-operation and Development) measures the US poverty level at 17.8%, which is worse than Mexico (16.6%),Russia (12.7%), and Denmark (5.8%) . When it comes to child poverty, things are even worse. A UNICEF report found that the United States ranked 34 of 35 developed countries – only Romania had a higher child poverty rate. Inequality? It is interesting that when comparing income inequality before taxes, the US is similar to . . .