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LawrenR's avatar

Not sure where you're going with this so this may be a moot point, but:

Poverty is not just absolute poverty; it is also about relative poverty. It's my understanding that once minimal basic needs are covered, in fact, relative poverty is psychologically far more jarring than the poverty alone. Also of great concern is the size of the middle class and the mobility of people to change status: to fall in and out of it.

It's my understanding that all of these measures are going in the wrong direction: the rich are getting a lot richer while the poor are getting just a little less poor; the middle class is shrinking; and wealth mobility is almost nonexistent. However, I have to admit that this morning I'm too busy to run down that rabbit hole to check. ;-)

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