Luckily, the amount of people in poverty is dropping, but only to go into the group of "low income" people, while middle class has hardly changed. India and Africa are perfect examples of this. Although their poverty rates have dropped, many people are still living on "$2and $10 daily."
The ranks of poverty, low income, middle class and superclass are different for every country. However a majority of people in the world are living in poverty or low income. This only proves that global poverty exists and has taken over the lives, and low income has become "71%" which means that people (mind you this is a household statistic) can hardly afford meals for their family, if they can really provide any at all.
Europe and North America are blessed to have much lower statistics in poverty and low income. The U.S., however, is not. Yes, low income people make more than $2-$10 a day, but it's obviously not enough to live off of. The main reason is because of minimum wage. It can't even provide a living wage. Also, inflation has always been quite a problem for our economy. Some people say we are ready to enter another depression. While I don't know the truth behind that belief or not, many of America's people live in poverty or low income. In North America and Europe though, "87%" are rich, and "live on $50 or more a day." This means that globally, we are a low income world. Much more than half of the world's population does live on low income or less. That's really sad to me.
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