2 ms·
I skimmed both of those links, and while they did indeed show that inequality is increasing, they didn't show the same for poverty.
by umanwizard 6y ago
I skimmed both of those links, and while they did indeed show that inequality is increasing, they didn't show the same for poverty.
- rualca 6y ago> (...) while they did indeed show that inequality is increasing, they didn't show the same for poverty. One of the main quantitative definitions of poverty is the at-risk-of-poverty rate, which is defined as 60% of the median income. Income inequality is expressed as an income distribution that's lopsided, thus leading the threshold to cover a greater share of the population.