Premium Only Content

Why The U.S. Can’t End Poverty
37.9 million Americans are currently living in poverty, accounting for 11.6% of the total population. That’s despite the fact that America ranks first as the richest nation in the world in terms of GDP. Poverty in the U.S. is not only a humanitarian crisis but an economic one as well. About 11% of the federal budget, or $665 billion goes to economic security programs every year. Child poverty alone is estimated to cost the U.S. over $1 trillion based on the latest research. So how did poverty become such a big issue in the U.S. and why is it so difficult to end it?
Chapters:
0:00 — Introduction
02:22 — Reasons
06:50 — Measuring poverty
10:59 — Solutions
Produced by: Juhohn Lee
Supervising Producer: Lindsey Jacobson
Graphics: Christina Locopo
Additional Camera by: Charlotte Morabito
Special thanks to: River Fund
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https:
#CNBC
Why The U.S. Can’t End Poverty
CNBC
CNBC original
business
business news
finance
financial news
money
money management
news station
poverty
income inequality
living wage
wage gap
social welfare
poverty measure
economy
economic issues
U.S. economy
Federal Reserve
interest rates
inflation
wages
working
labor
consumers
-
3:21:29
Alex Zedra
7 hours agoLIVE! New Game | R.E.P.O
36.9K1 -
1:52:42
Kim Iversen
9 hours ago💰 CHA-CHING! 💰 Trump Unveils Big Money Plans For Gaza AND America
53.9K143 -
1:05:28
Flyover Conservatives
21 hours agoUkraine’s Dirty Secret: The Christian Persecution No One Wants to Talk About - Alex Newman | FOC Show
52.7K19 -
2:00:20
Glenn Greenwald
14 hours agoThe View from Moscow: Key Russian Analyst Aleksandr Dugin on Trump, Ukraine, Russia, and Globalism | SYSTEM UPDATE #414
131K57 -
1:10:55
Donald Trump Jr.
11 hours agoBREAKING NEWS: My Father Revokes Biden-Maduro Oil License, LIVE with Maria Corina Machado | Triggered Ep.220
203K195 -
1:25:29
Sarah Westall
10 hours agoX-Files True History, Project Blue Beam, Cabal Faction War w/ Former FBI Agent John DeSouza
84.5K16 -
7:03:49
Dr Disrespect
17 hours ago🔴LIVE - DR DISRESPECT - NEW PC VS. DELTA FORCE - MAX SETTINGS
170K27 -
49:04
Lights, Camera, Barstool
1 day agoIs The Monkey The Worst Movie Of The Year?? + Amazon Gets Bond
75.1K4 -
24:19
Adam Carolla
1 day agoDiddy’s Legal Drama Escalates, Smuggler Caught Hiding WHAT? + Philly Eagles & The White House #news
135K20 -
10:12
Mike Rowe
2 days agoClint Hill: What A Man. What A Life. | The Way I Heard It with Mike Rowe
130K17