3 ms·
USA's poverty threshold is significantly lower that Europe's. Comparing against median income, of course. So I would assume poverty rates are roughly similar,
by spookie 4y ago
USA's poverty threshold is significantly lower that Europe's. Comparing against median income, of course.
So I would assume poverty rates are roughly similar, indeed.
- whimsicalism 4y agoOECD poverty rate is 60% median income. Post-transfer median income is higher in the US than in Europe.