You can't lift people out of poverty simply by tweaking the tax system, or by raising the minimum wage by a few cents, or by reducing student debt slightly. These might be necessary components of a larger anti-poverty program, but you have to accept they are pieces of a much larger puzzle.

As a country, Americans have to find a way to keep our cities solvent. If large numbers of cities no longer have the necessary tax base, we have to find federal methods to intervene. If we don't, there's a risk of dozens of cities simply being left to their bankrupt fates - and I can't see how that serves anybody's interests in the long run.

One of the most durable successes of the war on poverty was to dramatically reduce the number of elderly poor in America. That's still true today. But, by contrast, child poverty has shot up over the last few years: A decade ago, about 16 percent of children in America were poor - which is a shockingly high percentage. But it's not as shocking as today, when we see that 22 percent of kids live in poverty.

Too often the media assumes that "poverty" is an African American or a Latino issue. Of course, that's nonsense. While a higher percentage of the African American and Latino population does live in poverty as compared to the white population, when overall numbers are looked at, it is clear that people of all races, ethnicities, and colors, are represented amongst America's poor.

I do think there are ways to increase wages significantly, even in a global era. But you have to take voters and consumers with you on this journey - and that involves a tremendous, and long-term, public education campaign.

Poverty became something one could see and experience firsthand, no matter where one was on the economic ladder; it became something you could viscerally experience through the lives of friends, family, neighbors, colleagues. I'd venture to say it's a rare person in 2013 America who knows nobody who lost a job in the recession, or knows nobody whose home went underwater or who went into foreclosure.

The reliance on stereotypes is in part the result of a structural problem within the media. Most newspapers have a business beat, with a number of highly trained journalists who know how to cover companies, trading, the markets and so on. But almost none have labor reporters anymore, and to my knowledge, none have full-time poverty-beat correspondents. And all of this helps to render invisible the lives and the life stories of tens of millions of Americans.