Wages in the U.S. have been largely stagnant over the past 45 years, but during the same time span consumer prices have risen dramatically. Hari Sreenivasan discusses this trend and its effect on poverty with Bloomberg BusinessWeek reporter, Roben Farzad.

When President Johnson declared a “War on Poverty” fifty years ago, images of the American poor focused on the inner-city and rural poor. What is the state of American poverty today? Megan Thompson reports on the less visible but growing…

Although President Lyndon Johnson, seen here signing the Economic Opportunity Act in 1964, is often identified with the War on Poverty, many of its programs were bipartisan initiatives. Photo courtesy of Wikipedia via LBJ Library. Editor’s Note: 2014 marks…

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