Author Topic: Sorry, Bernie: America's Poorest Are Richer Than 60 Percent of Developed Countries  (Read 139 times)

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rangerrebew

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Sorry, Bernie: America's Poorest Are Richer Than 60 Percent of Developed Countries
By Tyler O'Neil August 26, 2019
 

A new study debunks liberal claims about grinding poverty in the U.S. compared to other developed countries. Accounting for how much America's poorest 20 percent consumes — rather than measures like income that can be misleading for reasons explained below — the study finds that the poorest fifth of Americans consume more resources than the average person in 64 percent of other countries in the Organization for Economic Co-operation and Development (OECD).

On average, a person among the poorest 20 percent of Americans consumes more goods and services than the average person in Canada, Greece, the United Kingdom, Sweden, Australia, Spain, Portugal, Japan, Denmark, Iceland, New Zealand, Slovenia, Slovakia, Israel, South Korea, the Czech Republic, Estonia, Poland, Chile, Hungary, Turkey, and Mexico.

https://pjmedia.com/trending/sorry-bernie-americas-poorest-are-richer-than-60-percent-of-developed-countries/

Offline goatprairie

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Under the liberal definition, you're "poor" in America if you're not living the upper class lifestyle.  Everything is relative.