USA - By one dismal measure, America is joining the likes of Third World countries. The number of US residents who are struggling to survive on just $2 a day has more than doubled since 1996, placing 1.5 million households and 3 million children in this desperate economic situation.
That's according to "$2.00 a Day: Living on Almost Nothing in America," a book from publisher Houghton Mifflin Harcourt that will be released on September 1.
The measure of poverty isn't arbitrary - it's the threshold the World Bank uses to measure global poverty in the developed world. While it may be the norm to see families in developing countries such as Bangladesh and Ethiopia struggle to survive on such meager income, the growing ranks of America's ultrapoor may be shocking, given that the US is considered one of the most developed capitalist countries in the world.
So, how do families living on so little get by? They tend to rely on a few strategies, including selling their own plasma for $30 a pop and selling scrap metal. Some families also sell their food stamp benefits for cash, which is illegal…