The Risk of Spending More to Stay in the Same Place

Some measures suggest that there's only 2% of poverty in America. Angus Deaton estimated that 5.3 million people were living in abject poverty by global standards, living on $4 they're less. A study showed that a worker without a high school degree would be earning 10% less in 2017 than he would have in 1979 adjusting for inflation.