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Honestly we should be looking at consumption rather than income. Of the ten poorest communities in the US by income half are college towns. Most college stude
by Symmetry 8y ago
Honestly we should be looking at consumption rather than income. Of the ten poorest communities in the US by income half are college towns. Most college students have low incomes but I don't think it's right to consider them poor either given that this is generally a temporary state and they're frequently living better than their age-mates who aren't are working full time instead of attending college and thus have higher incomes.
- tasuki 8y agoWhat about people who earn lots but choose not to consume much? Are they poor?
- Symmetry 8y agoThey're not poor but I think there are few enough people voluntarily consuming less than $12,140 a year when they could live better that I'm comfortable ignoring them in the relevant statistics.