POVERTY IMPACT ANALYSIS PAPER Custom Essay

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Assume you are not a college student and have only a 10th grade education. You have no savings and no goods to sell. Assume you have one full-time and one part-time job that both pay the minimum wage of $7.25 per hour, and you work a total of 60 hours per week. You receive no company benefits such as health insurance or paid leave. Assume you are married with two children, both of whom are under the age of 10 and attend elementary school. Your spouse is unemployed because of a layoff and therefore takes care of the children full-time (it does not matter which sex the spouse is). Because your family is intact, your family is only eligible for food stamps and no other government assistance program, but your children receive Children’s Health Insurance Program benefits. Keep in mind that the 2011 poverty guideline for a family of four in the 48 contiguous states and Washington.

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