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It's just hard for me to get my head around the poverty rate concept as we compare country to country.  In 2004 the "official" poverty rate was computed as $19,307 for a family of four in the US.  So I guess a family of four in Eastern Europe would be in poverty with an income of $2920 ($2 per day X 4 people X 365).  Now of course there are cost of living adjustments, but that is 6.6 times the income level, which would account for one heck of a cost of living adjustment.

There was either a diary or a post lately that claimed something like America's poverty is 3rd world.  It just doesn't make common sense,,to me anyway.

let me hasten to add, I think it does make common sense to look at income distribution in a country.  and like I think almost everyone on this site, I think America is going to wrong way here.  I've expressed that concern previously and recommended a few (not enough) policy changes to stem that tide.  But it just seems that we are at our best when we are logical and precise.  Comparing American poor with third world poor, or even that ballpark, just turns people off we would like to persuade.  Attacking the outrageous incomes of CEO's, I would add ballplayers and actors, and looking for policy programs to change that--that allows an opponent to be engaged and discussion to happen.  and then are tons of arguments around this--psychological poverty due to being on the bottom,etc

by wchurchill on Fri Oct 14th, 2005 at 08:08:47 PM EST
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