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Poverty conveys the impression of individuals and families struggling to afford basic sustenance, shelter and education. Nothing that we should be concerned about then, since our status as the richest country in the world precludes the possibility of poverty existing in our society. Right? No. Really.

Based on the latest CPS ASEC survey, the United States Census Bureau has estimated that the official American poverty rate stands at an incredible 14.3%, the highest since the survey begun 51 years ago. There are 43.6 million Americans that live below the poverty line. In other words, one in seven Americans are unable to properly feed, cloth, shelter and educate themselves and their families.

These disturbing numbers are not a one off, in case anyone is wondering. The numbers have been steadily declining for years, and the worst part is, the poverty rate among children under the age of 18 is 20.7%. That's one in five of our kids, the very same ones who will inherit the country.

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Declared 2012 Democratic Presidential Candidate
Current President of the United States

Barack Obama

Presidential Candidate Barack Obama
Obama Position on Poverty

• During his campaign in 2008, Barack Obama voiced a firm commitment to reduce poverty by
announcing that it is through the conjoined efforts of everyone involved that poverty could be
reduced to half its actual figure during the next ten years. 

• Assigning poverty the status of being a national priority, Barack Obama has supported the introduction of a new Federal measure of poverty which is supposed to be more accurate and helpful in tackling its after-effects on the following generations. Hence, the modern guidelines of federal poverty are meant to reflect the costs of living and study the various sources due to which the American families face economic pressure.

• In order to translate his statements to reality, Barack Obama outlined a plan consisting of various proposals in a bid to fight rural poverty. Some of the salient points of his proposals were development of telecommunication technology in rural America, improving the infrastructure by investing in water and sewer system and building small city airports.

• In his urban poverty program, Obama vowed to create twenty dream neighborhoods in various cities across the country based on the lines of the Harlem Children's Zone in New York City.

• The urban poverty program has also been designed by Obama to fight concentrated poverty in American cities by creating more economic opportunities, recruiting more teachers and making the profession of teaching attractive by augmenting the salary and providing support services.

• A noteworthy proposal made by Obama in the direction of reducing urban poverty was the creation of 'Affordable Housing Trust Fund' as a result of which 112,000 new affordable units would be added in the mixed income neighborhood.

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