Future Hindsight

Musical Chairs American poverty is a bit like a game of musical chairs. The US only has good opportunities for 8 out of 10 Americans, meaning 2 people always lose. Instead of adding new opportunities or chairs, we shuffle the opportunities around, but 2 of every 10 people still end up without the opportunities. This shows that poverty is a result of the systems we have in place, not personal shortcoming, and if we continue shuffling the opportunities, we will continue having a poverty problem. Poverty Myths Being poor in the US is subject to several damaging myths that make it harder to reduce poverty rates country wide. We think of a poverty rate between 10-15% of the US population, but shockingly 60-75% of Americans will spend at least one year of their lives in poverty. Another myth blames poor Americans for their own poverty, not the systems that maintain poverty in America. We also assume the costs of poverty are borne by the poor, but US taxpayers pay more than $1 trillion per year due to the externalit