3 ms·
The poverty rates in the article are consistent with what one might call abject poverty, as the chart lists the US having 2% poverty but our government consider
by projektfu 7y ago
The poverty rates in the article are consistent with what one might call abject poverty, as the chart lists the US having 2% poverty but our government considers about 12-13% to be currently under the poverty line. Ours is apparently calculated based on the cost of food. The World Bank uses absolute dollar PPP measures. They’re all blunt instruments that can’t compare individual situations. But the World Bank approach is a good way of measuring trends and comparing countries overall. Georgia looks to be in dire straits, for example.