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Between 2006 and 2010, there was a 27 percent increase of people living in poverty across the U.S. And despite signs of recovery, growth has been slow and decidedly uneven with Florida, Nevada, Arizona, Michigan, Indiana, Ohio and California hovering at 12 percent or higher unemployment rates. Tavis Smiley and Cornell West weigh in on the impact of modern poverty in America.
The late aughts were shaped by the subprime mortgage crisis, subsequent stock market crash, international debt problems, and record levels of long-term unemployment. Between 2006 and 2010, there was a 27 percent increase of people living in poverty across the U.S.