Mertex
Cat Lady =^..^=
- Apr 27, 2013
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I guess if they all die of starvation, that would end poverty.........
Stupid stupid stupid!! and 1000% liberal. Dear, they died of starvation to the tune of about 120 million under libsoviet interventions but when China switched to Republican capitalism they stopped starving to death and started getting rich.
Do you understand your ABC's now??
Maybe Republican Capitalists in China lie just like the Republican Capitalists in America do.
Wiki:
Exact statistics are disputed, as there have been reports of China's underestimating the poverty rate.
too stupid!! under Republican capitalism all seem to agree they have achieved 7-10% growth per years for 30 years. There is no despute.Wwe know for a fact they now buy more cars than Americans when under liberalism they bought virtually none.
Ignoramus.........not every country figures out their poverty the same way....even the way the US figures poverty, you can't make the statement you have made. So, why don't you move to China, you idiot, if you think they are so much better. The country as a whole does better under a Democratic President......guess what, that's because they support democratic principles. You're still waiting for Raegans' trickle down fortune, aren't you?
Everything, but everything, depends upon how you measure it. Which leads us to last week’s news from Census about the US poverty rate. Of course, the way that Census measures poverty the numbers they reported were entirely correct. But given the distortions in the methods they do use to measure a more realistic estimate of the US poverty rate would be around and about zero.
So, while our definition of poverty has not changed (three times a low-cost food budget for a household in the early 1960s upgraded for inflation) what we’re actually measuring is now completely different. The US poverty numbers today do not measure the number of people still in poverty after the aid given: they measure the number of people in poverty before aid is given.
We really therefore cannot go around comparing the poverty rates of the 1960s with those of today: for the measurement is of very different things. As that first chart points out: the real poverty rate is a great deal lower than the one that Census announced.
What this tells us is that the very poorest of the poor in the US, the bottom 5% (and thus very definitely below that poverty line) are in fact richer than 95% of all Indians. And 85% of all Chinese and 55% of all Brazilians.
Sure, the US is a more unequal country than most others in the OECD, the rich countries’ club. But the real poverty rate, the number of people living in absolute poverty, is around and about zero in the US all the same.
The Correct US Poverty Rate Is Around And About Zero - Forbes