7 Matching Annotations
- Oct 2022
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In contrast, poverty is something that most Americans will experience fora short period of time as a consequence of very “normal” occurrences—theloss of a job, the birth of a child, the transition to adulthood, the dissolutionof a marriage, and so on.
Is it not coincidental that these life events are also some of the most stressful one will face in life? They're stressful enough on their own, but the added financial stressors add to the problems.
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- Sep 2022
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economic insecurity will strike a majorityof the population but will do so for a relatively short period of time.
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Employment, education, and marriage are helpful in both avoiding povertyand exiting faster if one does become poor.
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Poverty spells triggered by moving out of one’s parents’ house tend to bethe shortest, while spells triggered by the birth of a child tend to be the longest.
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Research has also shown that poverty entrances and exits are most oftencaused by changes in employment status and/or financial resources.
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within 1 or 2 years,the majority of people escaped from poverty. Within 1 year, 53 percent of newspells ended; 70 percent ended within 2 years, and more than three-fourthswithin 3 years. Less than 15 percent of spells last more than 5 years.3 If weconsider long-term poverty as lasting 5 or more consecutive years, then the vastmajority of American poverty spells do not meet such a standard.
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It turns out that a much more accurate picture is that povertyspells tend to be short but frequent.
Is it possible that the general American need to always be keeping up appearances confounds the facts that most poverty spells are short?
This is the second time I've noted a possible link to this effect. Is there a way to help unbundle it both perceptually and politically to better allow people to face their problems and fix the broader societal problem here?
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