Some of the new poor may have plasma tv’s, they most likely recently became poor due to loss of job. Jobless benefits are usually poor across the US, especially when compared with other Western nations. In other cases, these people fell into poverty due to high medical expenses without insurance. The US has the most expensive health care system in the world. In many cases, this is a double wammy as people might lose their jobs due to illness.

I think you’ll find it hard to find plasma tv’s or home ownership amongst the chronically poor. Though there are companies out there that prey on the poor with very high interest loans.

For cars, some of what I previously mentioned applies. Also note that old pre-owned cars cost very little here and gas is still cheap, especially when compared to other countries. With public transport in poor shape, an old beater might be the only way to get to that much needed job.

Obesity in America can be explained by the fact that our cheapest food is also the worst. This than has the potential to affect the poor disproportionally. The cheap food is full of saturated fat and high fructose corn syrup. Not the type of food that makes you look like you are starving. This poor quality food in turn causes health issues (see above) which in turn can impede the ability to work.

It is a vicious cycle….