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| actresses, merch, astronomy, teens, shopping, cdbaby, concert, muslim, cd, bloody mother fucking asshole, silly, girlfriend, earn commission, song, media research center, | 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". linkswarm Bitterness linkswarm 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 linkswarm 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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| just to this | comment on the story... | next new ] 77. Believing cdbaby the Census Bureau or your lying mind by wetkarma at Wed 31 Aug 7:32pmscore of cdbaby 1.5 brilliant Poverty (as reported by the cdbaby Census Bureau) is not a direct measure of deprivation — which is what it was originally meant to be (per Johnson's War on Poverty). Poverty (income) thresholds have remained static since 1965, except for an annual inflation adjustment calculated from the consumer price index. The Boskin Commission concluded in 1996 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. |
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