POVERTY, BY AMERICA (audiobook) by Matthew Desmond
Published in 2023 by Random House Audio. Read by Dion Graham. Duration: 5 hours, 40 minutes. Unabridged. As of the day I am writing this review, 7 of the top 10 richest people in the world live in the United States (the least wealthy has $80 billion.) The rate continues on when you go down the list - 14 of the top 20 live in the United States. The United States has 650 billionaires. But, the official poverty rate in the United States at this moment is 11.5% - the highest rate in the in the leading industrialized economies of the world. This chart shows that it has bounced around between 10.5% and 15%, depending on the economic recessions and the like f or the last 30 years . During this entire time, the United States has been the leader in wealth creation for the entire planet. The author, Matthew Desmond Sociology professor Matthew Desmond set out to find out why. It's easy to look at those billionaires and note that they don't pay their fair share. The tax code is tailor mad