4 ms·
> What does the size of the US economy have to do with the rate of relative poverty? A larger economy roughly means that more value is created in that country.
by polygamous_bat 4y ago
> What does the size of the US economy have to do with the rate of relative poverty?
A larger economy roughly means that more value is created in that country. Combining that with a higher relative rate of poverty means that the extra value created is not captured in a similar proportion. How are those two unrelated metrics?
- refurb 4y agoBut it’s comparing the US economy to a bunch of smaller economies. You cant ignore population when it comes to “more value”. Then it adds India, a poor country where the poor are much worse off than in the US. Then it compares the size of the economies of that mish-mash of countries to relative poverty in the US. So what exactly am i supposed to draw from this comparison?