In the United States, the number of homeless people on a given night in January 2023 was more than 650,000 according to the Department of Housing and Urban Development. Homelessness has increased in recent years, in large part due to an increasingly severe housing shortage and rising home prices in the United States.
Homeless woman in Washington, D.C.
Homeless man sleeping across the street from the Colorado State Capitol Building in Denver
The Bowery Mission at 36 Bowery in New York City, c. 1880s
Unemployed men outside a soup kitchen opened by Al Capone in Depression-era Chicago, Illinois, the US, 1931
Reaganomics
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Reaganomics, or Reaganism, were the neoliberal economic policies promoted by U.S. President Ronald Reagan during the 1980s. These policies are characterized as supply-side economics, trickle-down economics, or "voodoo economics" by opponents, while Reagan and his advocates preferred to call it free-market economics.
Reagan gives a televised address from the Oval Office, outlining his plan for tax reductions in July 1981.
President Ronald Reagan signs the Economic Recovery Tax Act of 1981 at his California ranch.
Image: Trends in US income inequality 1975 2005