[lbo-talk] Re: What is poor
joanna bujes
jbujes at covad.net
Thu Oct 2 17:51:13 PDT 2003
"The Census Bureau itself acknowledges serious limitations to its
calculations. One problem is that it is required by law to use a measure of
inflation that is known to overstate price increases. Using a corrected
inflation measure would have lowered the poverty rate from 12.1 percent to
10.8 percent last year. The inclusion of income that is not now counted,
such as noncash income transfers like food stamps, would lower the rate to
just 7.5 percent."
How do people like these wake up? Hot poker up the ass perhaps?
Joanna
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