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NEWS ABOUT: poor

Rich, Poor Kids Face Widening Education Gap

Achievement divide soars since 1960s, studies say

(Newser) - There's a vast gap in educational success between lower-income and wealthy children, studies say—a divide that has received relatively little attention until now. In recent decades, the achievement gap between rich and poor children has grown as the gap between black and white students has shrunk, the New ... More »

Romney: 'I'm Not Concerned About the Very Poor'

He says safety net will take care of them

(Newser) - Mitt Romney delivered yet another grade-A attack ad sound bite today, saying he was "not concerned about the very poor." In an interview with Soledad O'Brien this morning on CNN , Romney said he was in the race because "I care about Americans. I'm not concerned... More »

Members of Congress With Lowest Net Worth

Alcee Hastings leads the way with a negative $4.7 million

(Newser) - Apparently, not everyone in Congress is rich . The Washington Post compiled a list of the 25 lawmakers with the lowest net worth, based on 2010 disclosures analyzed by the Center for Responsive Politics. Here are the "top" 5, all of whom are in the red. (There's no explanation... More »

Gingrich: Poor Kids Have No Work Habits

'What's wrong with giving them a mop?' he wonders

(Newser) - You know what the problem is with poor kids? They have no work habits, says Newt Gingrich. Simple as that. "They have no habit of showing up on Monday and staying all day, or the concept of: ’I do this and you give me cash'—unless it’... More »

Surprise! Taxes Will Actually Go Up for the Poor

But for the rich, it's a great deal

(Newser) - This tax cut deal President Obama struck with Republicans is awesome—as long as you’re among the wealthiest Americans. At least a quarter of the tax savings will go to the top 1%, the New York Times points out, in a piece headlined “Tax Package Will Aid Nearly... More »

To Help World's Poor, Hand Them Cash

Government 'cash-transfer' programs prove successful

(Newser) - It might seem counter-intuitive, but in some 45 countries across the globe, it’s working: Governments are handing cash to the poor to use at their own discretion, writes Christopher Werth in Newsweek . Some 110 million families are getting aid, and the World Bank has spent $5.5 billion on... More »

US Poverty Rate Hits Record 14.3%

One in 7 fall within guidelines; highest since at least '65

(AP) - The ranks of the working-age poor climbed to the highest level since the 1960s as the recession threw millions of people out of work last year, leaving one in seven Americans in poverty. The overall poverty rate climbed to 14.3%, or 43.6 million people, the Census Bureau said... More »

US Poverty Approaches 1960s Levels

Record increase expected with 2009 census results

(AP) - The number of people in the US who are in poverty is on track for a record increase on President Barack Obama's watch, with the ranks of working-age poor approaching 1960s levels that led to the national war on poverty. Census figures for 2009, the recession-ravaged first year of the... More »

Now Driving Innovation in India: the Poor

As developed economies slump, it markets directly to the lower class

(Newser) - Indian engineers once did little but cater to Western companies, while consumers at home made do with hand-me-down products from the developed world. That is changing in a big way as foreign economies crater and the 1.1 billion consumers of the subcontinent reveal a taste for, well, consuming. And... More »

Milan's Poor Get Contraband Caviar for Xmas

(Newser) - The poor and homeless in Milan will get a pricey treat this holiday season, the BBC reports. Officials will distribute 88 pounds of beluga caviar seized from smugglers to the city’s shelters and soup kitchens. The sturgeon roe, confiscated in November en route from Poland, is valued at around... More »

German Politician: Let the Poor Catch Rats

Advocates for poor squeal about Dickensian plan

(Newser) - One German politician has a solution to help Berlin's poor: let them catch the rats that are plaguing the city. "People who collect bottles could get one euro [$1.40] for every dead rat," he cheerfully explained. But the Dickensian plan, which may be officially introduced today, wasn't... More »

CEO Pays $1M for Front-Row DC Gala for Disadvantaged

Wounded soldiers, poor, ill will be invited, catered to during 'People's Inauguration'

(Newser) - The fairy godmother of inauguration balls is Earl Stafford, a Virginia businessman who plans to host disadvantaged Americans at “The People’s Inauguration.” The devout Baptist paid $1 million for a build-your-own-ball opportunity at a hotel along the Washington parade rout, and promises to spend more to offer... More »

High Food Prices Hurt World's Poor

Relief groups find resources, ability to help stretched thin

(Newser) - For the world's poorest people, the quantity and quality of food are increasingly at risk. Wholesale prices of  basic foods are 21% higher now than in 2005, with grain surging more than 30%. What's more, the total volume of food delivered by US-funded groups has declined 52% in the last... More »

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