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| digital camera, festival, censorship, php, strips, outrageous, google, comment, news, ass, | Its a sad day when people are making the argument that Americans are poor and thus can only afford food that makes them fat. The mind boggles. Ceterum censeo socialsecuritatem esse delendam. [ ...reply just to this | comment on the story... | next new deedat ] 81. Re: Believing the Census Bureau or your lying mind by slippytoad at Wed deedat 31 Aug 8:00pmscore of 2.5 astute in deedat reply to comment 77 When the overwhelming majority of poor households own washing machines, dryers and microwave ovens — I'm not really feeling any anger at the administration for this "troubling poverty trend". I'm not currently poor. In fact, according to one chart I read, I'm in the upper fifth of the nation in income, even taking into account my awful savings rate.But I've been in the lower fifth. |
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| Poverty (income) thresholds have remained static since 1965, except for an annual inflation adjustment calculated from digital camera the consumer price index. The Boskin Commission concluded in 1996 digital camera that the consumer price index overstates the actual rise in the cost of living by a percentage point a year. The overall CPI has risen 40% faster than the cost of groceries since 1965. When the overwhelming majority of poor households own washing machines, dryers and microwave ovens — I'm not really feeling any anger at the administration for this digital camera "troubling poverty trend". Bitterness towards environmentalists who blocked ANWR drilling mebbe. Among households below the poverty line, outlays for food, clothing, and shelter are less than 37% of consumption, compared with 52% a couple decades ago, 57% in 1950, and 75% in 1920. Poor households have more discretionary income than ever because (despite inflation) stuff is cheaper. The heritage foundation (I'll ignore all arguments which revolving around "they are right wing which means somehow the data they present is wrong") shows that the "poor" actually are quite avid consumers. |
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