Understandable Economics Updated 11/14/17 Please Comments to antonw@ix.netcom.com |
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.Read the Book: by W. Moster from W. Moster 62 min video Video Interview
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Poverty Down Only 4.5% Points Over Fifty Years |
Poverty Down 14.2% Points Over Fifty Years |
See
War on Poverty, Was it Lost? NYT
Legacies
of the War on Poverty by
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![]() This chart "...provides a first approximation of how correcting the 2013 poverty rate for noncash food and housing benefits, refundable tax credits, and not using the upward [inflation] bias of the CPI-U would change the 2013 poverty rate. This adjusted poverty rate falls from 14.5 to 4.8 percent, making the 2013 rate roughly a quarter of the 1964 rate (19.0 percent). If we were to lower the poverty threshold for cohabiting couples to match that for married couples the 2013 poverty rate would have fallen even more." Examples of noncash benefits include food stamps SNAP), discounted school lunches, subsidized rent, Medicaid, and Medicare. See Source Editors Comments are in red. |
Editor's
Answer: |
Humanity Getting Better 1:29 video See Economic Future of Our Children and Are Children & Young People Protected? Please Comments to antonw@ix.netcom.com |