Economic impact of poverty in the United States In the latest
2011 report, the Census Bureau counted over 49 million people
living in poverty in the US. The idea is that the more poverty
there is, the more it affects the economy and the productivity
nationwide. But if the economy is down, there aren’t enough jobs
and poverty in the US keeps on getting worse. On the other hand
you could invest in anti-poverty programs but because of the
public debt there isn't enough money and too much tension about
doing so. Poverty's economic impact First, let’s try to
understand some basic effects of poverty on the economy and then
look into the characteristics of poverty in the United States.
Poverty undermines the economy by upsetting the normal growth of
human capital (education, professional experience, health) which
is in theory the main driver of economic growth. This means that
poverty will both affect and thrive on people’s lack of
education, professional experience and health. Nothing is as
unproductive and unattra