9 ms·
> You can see this in the OECD’s relative poverty rate, which counts a person as poor if they are at less than half the national median income. US poverty look
by bitshiftfaced 5y ago
> You can see this in the OECD’s relative poverty rate, which counts a person as poor if they are at less than half the national median income.
US poverty looks bad when using the OECD's relative poverty rate. For example, the USA has a poverty rate of 17.8% and Mexico 16.6%. Hmm... Does something sound strange about that?
OP's article's graphic shows that, among non-hispanic whites, USA's poverty is 14.7% and Sweden's is 9.3%. What that doesn't tell you is how the lowest 20% of Americans consume more than the average of Sweden:
https://fee.org/articles/the-poorest-20-of-americans-are-richer-than-most-nations-of-europe/ https://fee.org/articles/the-poorest-20-of-americans-are-ric...