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The coming depression blog | April 24, 2019

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America’s poor are a poor excuse for poor

Remember that book “The Millionaire Next Door?” They were ordinary people, maybe your neighbor, who had worked hard and lived modestly, and therefore had accumulated millions of dollars in spite of relatively modest incomes.

My mother-in-law says that America is filled with poor, unhappy oppressed who have nothing. I say the poor United States is the envy of most of the world population.

I do not deny the possibility that the two strains are probably true, but I think my position is confirmed by a recent study by the Heritage Foundation:

For decades, the U.S. Census Bureau reported that more than 30 million Americans lived in “poverty”, but the definition of the Office of poverty differs greatly from that held by most Americans. In fact, government studies show that more than most people that the government defines as “poverty” are not poor in the ordinary sense of the word. The vast majority of the poor have air conditioning, cable TV, and a host of other modern amenities. They are well housed, an adequate supply of food and reasonably stable, and met with other basic needs, including health care. Some poor Americans experience significant events, such as temporary food shortages and inadequate housing, but these people are a minority within the general population in poverty. Poverty remains a serious social problem, but detailed information on this issue is fundamental in the development of sound public policy.

Infect, compared to Third World countries poor in U.S. can give a serious competition to some well-off citizens of Third World countries. As the definition of BPL(below poverty line) differs from country to country.
Exaggeration and misinformation about poverty obscure the nature, extent and causes of actual material deprivation, which impedes the development of big goals, effective programs to reduce the problem.
This may describe the current state of calls from poverty in the United States. The poor of America may soon discover what the rest of the world means when it comes to poverty.

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