Since the release of the recent U.S. Census Bureau report on poverty, the media has ran with the perceived fact that poverty in this nation is growing at an astonishing rate. I find the following article a very interesting find because when I heard the numbers of this report, I knew that there was more to the story. This article does a very good job presenting the rest of that story. Here is an excerpt of that article:
While most of the CPS-based report focuses on the static issues of year-to-year health insurance and poverty rates, there is a small mention of another Census Bureau series of reports called the “Dynamics of Economic Wellbeing.†These reports, based on data from the long-standing Survey of Income and Program Participation (SIPP), track actual individuals over time, as opposed to the CPS, which only provides snapshot information. For that reason, the CPS has been criticized for providing an incomplete picture of these social indicators. (full article)
Here are the main points that this article goes on to cover:
-Poverty is often short-lived.
-Substantial income mobility, both upward and downward, exists in America.
-Spells of insurance are short-lived.
-Very few people lack health insurance long-term.
-Health insurance coverage rates have risen over time.
Most importantly, this article backs its findings with references that have links you can follow.
