IV On Economic, Social and Cultural Rights    

    The United States is the richest in the world, but its poverty rate is also the highest among the developed countries. In the United States, problems such as poverty, hunger and homelessness are quite serious, and the economic, social and cultural rights of working people are not guaranteed.

    A study of eight advanced countries by London School of Economics in 2005 found that the United States had the worst social inequality, Reuters reported on April 25, 2005. The poverty rate of the United States is the highest in the developed world and more than twice as high as in most other industrialized countries (Newsweek, The Other America, Sept. 19, 2005). In recent years the fortunes of the rich have continued to rise in the United States. According to two new studies by Spectrem Group, a Chicago-based wealth-research firm, and the Boston Consulting Group, millionaire households (excluding the value of primary residences) in the United States controlled more than 11 trillion dollars in assets in 2004, up more than 8 percent from 2003 ( Millionaire Ranks Hit New High, Wall Street Journal, May 25, 2005). Meanwhile, the income of ordinary employees in the United States has seen a sharp decline, causing the increase of poor population. The data issued by the U.S. Census Bureau said that the nation's official poverty rate rose from 12.5 percent in 2003 to 12.7 percent in 2004, with the number of people in poverty rising by 1.1 million from 35.9 million to 37 million, which meansone in eight Americans lived in poverty. Poverty rates in cities such as Detroit, Miami and Newark exceeded 28 percent. The New York Times reported on Nov 22, 2005 that in 2004 3.9 million families had members who were undernourished. 

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