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.

Ronald Reagan, and before him, Richard Nixon, and before Nixon, a slew of conservative politicians going back through American history, have played to the idea that the great majority of poor people are somehow "undeserving," and being undeserving, merit at best very limited, oftentimes deeply coercive and humiliating, government interventions to better their finances. That narrative isn't about to disappear overnight; but it strikes me as being like a weak gruel - there's no sustenance in it, no heft behind the argument.

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.

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.

I argue that in the long run, the US would be on a far more financially secure footing if we recalibrate how we spend about two-to-three percent of the country's GNP, using state and federal taxes to create pools of money for spending on America's poor - which would, as numerous economists have argued in recent years, create virtuous spending circles, since those on lower incomes spend more of each extra dollar in their possession than do those on higher incomes.

It seems to me that large numbers of people are now paying attention to poverty and that large numbers now understand that blaming the poor and the insecure for being poor and insecure is as unseemly as is schoolyard bullying. In that realization lies hope for a reinvigorated discourse around poverty and inequity in modern-day America.

We're living through an era of higher income inequality than the country has experienced since before the Great Depression. Meanwhile, most people are running in place, and those in the bottom quintile of the economy are being swept backward year in and year out. A worker with a high school education today is likely to earn less in real terms than did their parents and grandparents in the early 1970s. Not coincidentally, while overall life expectancy is increasing in America, for those with low levels of education it's actually declining.