[lbo-talk] Re: What is poor
Wojtek Sokolowski
sokol at jhu.edu
Fri Oct 3 06:11:48 PDT 2003
Joanna:
> "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?
>
I think they are fully awake and diligently doing their job: providing
the needed conclusions to those in the position to pay for them.
Wojtek
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