Child poverty in the U.S. is among the worst in the developed world

WashPost

The United States ranks near the bottom of the pack of wealthy nations on a measure of child poverty, according to a new report from UNICEF. Nearly one third of U.S. children live in households with an income below 60 percent of the national median income in 2008 - about $31,000 annually.

In the richest nation in the world, one in three kids live in poverty. Let that sink in.

The UNICEF report pegs the poverty definition to the 2008 median to account for the decline in income since then - incomes fell after the great recession, so measuring this way is an attempt to assess current poverty relative to how things stood before the downturn.

With 32.2 percent of children living below this line, the U.S. ranks 36th out of the 41 wealthy countries included in the UNICEF report. By contrast, only 5.3 percent of Norwegian kids currently meet this definition of poverty. [MORE]