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.

To really tackle poverty, politicians, activists, academics will all have to think outside their boxes, will have to start developing much more integrated approaches to these problems. And a large part of this will involve working out ways to push for living wages. Partly this will involve re-empowering the union movement, which has been massively weakened in recent decades. Partly it will involve a willingness to restructure tax codes to penalize companies that don't provide basic benefits and decent wages to employees.

Detroit is a fascinating place, because things are so bad there that the dystopia has almost become utopian. People know they can't rely on the state, that public infrastructure is broken, and they've taken their own measures. People are growing their own food and selling their produce to local stores and restaurants. It's certainly not a fix-all; Detroit's problems are too deep-rooted for quick-fix solutions. But it's a hopeful sign. Detroiters are crafting their own solutions rather than being passive in the face of the city's and state's actions and inactions.

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.

Despite all of the civil rights gains of the past several decades, when it comes to economic opportunity, African Americans and Latinos still experience far more unemployment than do whites and Asians, average wages are lower, and household wealth is lower. A smaller percentage of African Americans and Latinos attend, and complete, college, than is the case with whites and Asians, and a higher percentage end up in prison. All of these are indicators of massive disparities in opportunity, and these disparities are mirrored in poverty data.

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.

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.