There were about 578,424 sheltered and unsheltered homeless persons in the US in January 2014, with almost two-thirds staying in an emergency shelter or transitional housing program. In 2011, 16.7 million children lived in food-insecure households, about 35% more than 2007 levels, though only 1.1% of U.S. children, or 845,000, saw reduced food intake or disrupted eating patterns at some point during the year, and most cases were not chronic. As of June 2018, 40 million people, roughly 12.7% of the U.S. population, were living in poverty, with 18.5 million of those living in deep poverty (a family income below one-half of the poverty threshold) and over five million live "in 'Third World' conditions." In 2016, 13.3 million children were living in poverty, which made up 32.6% of the impoverished population. In 2017, the U.S. state or territory with the lowest poverty rate was New Hampshire (7.6%), and the one with the highest was American Samoa (65%).
Government policy designed to promote affordable housing, widespread failures in corporate and regulatory governance, and historically low interest rates set by the Federal Reserve led to the mid-2000s housing bubble, which culminated with the 2008 financial crisis, the nation's largest economic contraction since the Great Depression. Barack Obama, the first African-American and multiracial president, was elected in 2008 amid the crisis, and subsequently passed stimulus measures and the Dodd–Frank Act in an attempt to mitigate its negative effects and ensure there would not be a repeat of the crisis. In 2010, the Obama administration passed the Affordable Care Act, which made the most sweeping reforms to the nation's healthcare system in nearly five decades, including mandates, subsidies and insurance exchanges.
More InfoAccounting for 4.24% of the global population, Americans collectively possess 29.4% of the world's total wealth, and Americans make up roughly half of the world's population of millionaires. The Global Food Security Index ranked the U.S. number one for food affordability and overall food security in March 2013. Americans on average have more than twice as much living space per dwelling and per person as European Union residents, and more than every EU nation. For 2017 the United Nations Development Programme ranked the United States 13th among 189 countries in its Human Development Index and 25th among 151 countries in its inequality-adjusted HDI (IHDI).
More InfoThe United States is a federal republic of 50 states, a federal district, five territories and several uninhabited island possessions. It is the world's oldest surviving federation. It is a federal republic and a representative democracy, "in which majority rule is tempered by minority rights protected by law." For 2018, the U.S. ranked 25th on the Democracy Index. On Transparency International's 2019 Corruption Perceptions Index its public sector position deteriorated from a score of 76 in 2015 to 69 in 2019.
More InfoAt first effectively neutral during World War II, the United States began supplying materiel to the Allies in March 1941 through the Lend-Lease program. On December 7, 1941, the Empire of Japan launched a surprise attack on Pearl Harbor, prompting the United States to join the Allies against the Axis powers. Although Japan attacked the United States first, the U.S. nonetheless pursued a "Europe first" defense policy. The United States thus left its vast Asian colony, the Philippines, isolated and fighting a losing struggle against Japanese invasion and occupation, as military resources were devoted to the European theater. During the war, the United States was referred to as one of the "Four Policemen" of Allies power who met to plan the postwar world, along with Britain, the Soviet Union and China. Although the nation lost around 400,000 military personnel, it emerged relatively undamaged from the war with even greater economic and military influence.
More InfoThe military budget of the United States in 2011 was more than $700 billion, 41% of global military spending. At 4.7% of GDP, the rate was the second-highest among the top 15 military spenders, after Saudi Arabia. Defense spending plays a major role in science and technology investment, with roughly half of U.S. federal research and development funded by the Department of Defense. Defense's share of the overall U.S. economy has generally declined in recent decades, from Cold War peaks of 14.2% of GDP in 1953 and 69.5% of federal outlays in 1954 to 4.7% of GDP and 18.8% of federal outlays in 2011.
More InfoWe don't show ads. Help us keep it that way.