.zero

★ ★ ★
Aug 8, 2006
83,206
In Britain, poverty is defined on household income and the resulting implications. I know its different in other countries, the poverty experienced in developing nations is completely different, British poverty is like living as a king compared to how some people live. How is poverty measured in the US?
you're asking the wrong person but maybe someone else here like Greg or E can answer that better than i could.
 

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Ford Prefect

Senior Member
May 28, 2009
10,557
Not really but I guess its on the right track. I am not a gun nut at all and my car is far more important to me. I have a gun, they are not a passion of mine



How does it not? I've been to Texas before compared to its populace I am a tree hugging liberal pussy, well I guess I should have said Andy instead of you:p
Im tired and misread what you had said.
 

swag

L'autista
Administrator
Sep 23, 2003
84,830

Ford Prefect

Senior Member
May 28, 2009
10,557
Seems similar to the way we measure poverty, its annoying that its such a subjective term, as i think dru pointed out on the last page that some people would get put in that bracket when they wernt in what would socially be considered povery, whereas some people above the fresholds suggested could be in what would be deemed poverty.
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,528
Geography is key. For instance, if you live in Manhattan making $50,000 a year, you're basically considered poor because most rents are thousands of dollars per month there.
 

swag

L'autista
Administrator
Sep 23, 2003
84,830
Geography is key. For instance, if you live in Manhattan making $50,000 a year, you're basically considered poor because most rents are thousands of dollars per month there.
But the Fed is pretty good (bad) about presuming the cost of living in, say, rural Alabama is the same as in New York City.

I ran into this a lot when it came to graduate school grants when going to an urban college in UC Berkeley, right next to some of the most expensive real estate prices in the country. I could have been going to grad school on a floating, burning garbage barge off the coast of Louisiana and would have received the same check.
 

Bjerknes

"Top Economist"
Mar 16, 2004
116,528
But the Fed is pretty good (bad) about presuming the cost of living in, say, rural Alabama is the same as in New York City.

I ran into this a lot when it came to graduate school grants when going to an urban college in UC Berkeley, right next to some of the most expensive real estate prices in the country. I could have been going to grad school on a floating, burning garbage barge off the coast of Louisiana and would have received the same check.
Good enough for government work.
 

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