poverty levels

As President Obama and Mitt Romney squared off in the second presidential debate, New America Media editors posed 10 questions that have largely gone unasked -- and unanswered – in their campaigns: The Federal Poverty Line (FPL) masks U.S. poverty at a time when more Americans are struggling to make ends meet. What will you do to see that government figures are more honest--such as the new measure by the National Academy of Science? And what would you say to the growing numbers of people who aren't considered poor enough to qualify for assistance, but who are struggling just to get by?

One report on an AP survey shows that the poor are not only getting poorer, they are also more numerous than any time in the last half-century. The other report from the Tax Justice Network finds that the super-rich are not only getting richer, they are also squirreling tens of trillions in offshore tax havens, far outside the reaches of the U.S. and other nation’s tax collectors. Wealthy Americans are amply represented among the offshore tax evaders. This money could bankroll business startups, expand businesses, fatten federal and state tax revenues, and create thousands of new jobs.