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"Are more and more people in the western world dropping off the radar and becoming the invisible poor or is the opposite happening? We recently heard that an astounding 46 million Americans are officially below the poverty line (That's $23,050/year for a family of four according to the official sources). That number really caught our eye and as such we decided to do a little more digging to help put some more facts and figures around it. Above is a nice visualization of the results we came up with."
This is my insight using See-Think-Wonder.
From this statistic, i can see alot of statistic about the number of people who are poor and the people's opinion related to poverty and welfare. In the article, i can see that 46million american are considered to be poor, and form the authors opinion, to prevent porverty, we should manage our wealth and make sure that we earn more than we spend.
I think that from the statistics, most people are poor mostly due to the fact that they were uneducated in alot of ways. From the statistics, 1.2 million students drop out from high school every year. Thus, these people were mostly uneducated and cannot find a proper job, leading to drugs and borrowing of money. i also think that most people are poor because they are lazy and do not want to help themselves, as agreed by half of the americans that the poor are not doing enough to help themselves, and by 43% of americans that people who are poor can find a job if they are willing to work.
This article and statistics makes me wonder why american governments are not doing enough to educate students the importance of jobs and studies. Because people who are poor can actually work, but are too lazy to do it, this also makes me wonder why the government are giving money to the poor when they are able to help themselves
The insight of this article merely showed that more and more people does not really have a good financial health, which also has translated into people wer e "invisible poor" especially those living in the western world. Comparison had been made on its poverty line between USA and UK statistics.
In my opinion, managing a country's budget its not an easy task, this is because a country need competitive global presence and to boost the economy. People need to produce more and more services outside its own country.
I have often thought that a country's population does have an impact on a country's economic growth.
Great visual for economics and sociology courses