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Great article on poverty.

381465

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Interesting, thanks.

It makes me wonder if the calculations for food, housing, utI lites and earned income taxes credits could be used inversely to bring the poverty level up.
What about people making just enough to not qualify for freebies? What would thier income look like if those things were deducted from income (like most of us)?

Multiple generations have benefited from subsidies and have become a way of life

As an example...my son, still a minor, was volunteering at church camp as a councillor when an 8 year lod took his glasses and threw them...scratching them beyond repair. The grand parents (guardians...another common plague on America) apologized and tried to get the boy to apologize. They then mentioned a program, doctor and facility for my son to get a free exam and replacement glasses.
They were amazed people in general didn't get free child care, medical, dental, etc.
I was amazed that they were amazed.

My health care insurance turned horrible in the last 5 years. My wife's insurance is much better.
Vision was not worth it, factoring in cost of exams, etc.
Paying for the exam and new glasses is not a hardship, but it ain't "free".
 
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essentialsaltes

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Maybe the poor aren't as poor as we are led to believe.


It is a great article, but it isn't so much about how poor the poor are. It's about how the poverty rate has declined "primarily due to the success of anti-poverty programs”.

"While the United States “has achieved real progress in reducing absolute poverty over the past 50 years,” according to Burtless, “the country may have made no progress at all in reducing the relative economic deprivation of folks at the bottom.”
...
These changes have produced winners and losers, those who have benefited from two major policy initiatives adopted over the past 20 years, and those who were left behind."

If anything, the experts are seeing that government programs have divided the poor, due to cost-saving 'reforms' in the system. Some have been helped and lifted out of poverty. Others have been abandoned and sunk even lower.
 
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archer75

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How fun to push numbers and cutoffs around and see how it makes us feel.

An experiment for those who have cars and are so inclined: drive to an area you don't know, then go in a direction you don't feel great about. Repeat until you're scared to death or sick with grief.
 
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OldWiseGuy

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I like this quote from one of these sites (can't remember which one).

"Statistics are like a bikini. What they reveal is provocative, but what they hide is critical."
 
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OldWiseGuy

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How fun to push numbers and cutoffs around and see how it makes us feel.

An experiment for those who have cars and are so inclined: drive to an area you don't know, then go in a direction you don't feel great about. Repeat until you're scared to death or sick with grief.

Or we could accept that poverty rates are indeed diminishing and take heart, and that the poor in many parts of the world would gladly trade places with the poor in America.
 
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Rubiks

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Or we could accept that poverty rates are indeed diminishing and take heart, and that the poor in many parts of the world would gladly trade places with the poor in America.

I would agree that most in the U.S don't know what real poverty looks like.

Also I think the idea that wealth (as in luxury items) can buy happiness is stupid. The bible says that the road of accumulating wealth is a never ending cycle; The bible says be happy with what you have.
 
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OldWiseGuy

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I would agree that most in the U.S don't know what real poverty looks like.

Also I think the idea that wealth (as in luxury items) can buy happiness is stupid. The bible says that the road of accumulating wealth is a never ending cycle; The bible says be happy with what you have.

I believe that most people have a 'financial comfort zone' that once attained satisfies those needs.

I have been content for many years just knowing that I would accomplish my financial goals, even while living a Spartan lifestyle (as I still do).

There should really be a comprehensive study on this subject. It would clear away many misconceptions.
 
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