Article: The New War on Poverty. Some key points are highlighted below.
This new economy has fueled massive protest both here and abroad. And sustained organizing by millions of low-wage workers, students, immigrants, and the homeless has reframed the issue of American poverty in ways that are reminiscent of the 1930s. Poverty, these activists argue, is an issue of fairness to workers and to the middle class—it’s caused by corporate greed more than anything else.
Occupy introduced into American political discourse a simple, effective image of the American economy, juxtaposing most of “us”the 99 percent against the 1 percent, to which a staggering proportion of national wealth had been flowing since the Reagan Revolution began in 1980.
Low-wage strikes have highlighted the fact that the prime welfare cheat, it turns out, is not Ronald Reagan’s fictitious Cadillac-driving, African-American single mother, but the world’s wealthiest corporations. Unwilling to pay their workers a living wage, they use federal poverty programs to subsidize their labor costs.