
From the Government knows everything department:
The Poverty Line was designed assuming that every household had a housewife who was a skillful cook.

From the Government knows everything department:
The Poverty Line was designed assuming that every household had a housewife who was a skillful cook.
As Jesus said, “The poor you shall with you always.” He was right in that there will always be those much less well-off than the majority.
However, the official US poverty line has been adjusted more than just for inflation. If we use the original definition and do nothing but use a good deflator to compare it to today, less than 2% of US residents would be below the poverty line. What really happens is the we keep moving the line upward so that around 14% of the population “lives in poverty.” I’ll leave it to the individual to decide why that is done.
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Well, as they say, to err is human; to really screw things up, bring in the government.
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IIRC the soi disant “Poverty Level” is DEFINED at the point where 14% are at or below the level so simple inflation can’t lift everyone above a static number.
Bemoaning that 1 in 7 people ‘live in poverty’ makes about as much sense as complaining half the drivers are below average…
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