3 ms·
It seems like you're using a fairly mutable definition of "poverty" that you can push around to suit your needs. Now people have to move from the lowest quintil
by ryanwaggoner 16y ago
It seems like you're using a fairly mutable definition of "poverty" that you can push around to suit your needs. Now people have to move from the lowest quintile to the middle quintile to meet your definition of "escaping poverty"?
I also find it interesting that almost 50% of households in the lowest quintile own their own homes. And the 2nd and 3rd quintiles have nearly 60% and 70% home ownership rates, respectively. Now, I'm not arguing that owning your home means you're not poor, but I think characterizing the 1st or 2nd quintile as "abject poverty" is a bit of a stretch. Here's an interesting paper on what poverty in America actually looks like:
http://www.heritage.org/Research/Reports/2007/08/How-Poor-Are-Americas-Poor-Examining-the-Plague-of-Poverty-in-America http://www.heritage.org/Research/Reports/2007/08/How-Poor-Ar...
Source for quintile data: http://en.wikipedia.org/wiki/Household_income_in_the_United_States http://en.wikipedia.org/wiki/Household_income_in_the_United_...