Nearly two-thirds of American children live in asset poverty, new study shows
Thursday, February 21, 2019 - 10:30
in Mathematics & Economics
More than 63 percent of American children and 55 percent of Americans live in "asset" poverty, meaning they have few or no assets to rely on in the event of a financial shock such as a job loss, a medical crisis or the recent federal government shutdown, new research from Oregon State University indicates.