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| Economy |
| Sorry, Bernie: America's Poorest Are Richer Than 60 Percent of Developed Countries |
| 2019-08-27 |
| [PJMedia] 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. "Our study shows that because of unreported income, charity, and non-cash government benefits like Medicaid and food stamps, consumption by America’s poorest 20 percent exceeds the national averages even in developed nations like Japan, New Zealand and Denmark," James Agresti, president of Just Facts, said in a statement on the report. |
| Posted by:DarthVader |
| #7 A different perspective. |
| Posted by: Procopius2k 2019-08-27 14:42 |
| #6 Liberals care about the difference between poor and rich (not ultra Democrat Rich though) not about how these compare to others. Comparing to others to say our poor are actually Euro-middle class is logical thinking and not emotional. Suggesting that if we take all the money from the rich (not ultra Democrat Rich though) to give to the poor won't make the poor any better off misses the point in that such a move would make the rich poor as well, thus removing the envy gap. Liberals really are sick control-freaks. |
| Posted by: ruprecht 2019-08-27 10:30 |
| #5 It's because of the democrat perception of conservatives and Trump, and a serious disdain for their own constituencies. The premise for fielding these prize idiots in the races is simply 'Persona', the cult factor. They believe that 'if a reality show guy', a larger than life 'gilded hotel tycoon' can win a Presidency, then at least giving him a fight ought to be easy for sideshow freaks like these. They are so out of marbles themselves, they cannot yet comprehend why we support him, or why Americans elected him. Their terms 'deplorables' and 'irredeemables' clearly indicates that they believe conservative voters are ill-educated, unwashed idiots, regressive schlemiels waiting to be put out of their misery. Their own voters they are convinced, are a spectrum of misfits ranging from retarded to dysfunctional to fundamentalist. If you notice, there's a democrat candidate for every frequency of crazy on the ticket. |
| Posted by: Dron66046 2019-08-27 09:39 |
| #4 Nations like Chile, Slovenia, Poland, and Portugal are 2nd world, not developed. Mexico and Turkey are still 3rd world. And pure dollar signs don't take into account purchasing power parity. In Asia, their GDP-per-capita adjusts upwards. In Europe, it adjusts downwards. (Taiwan, for instance, technically only has a GDP per capita of $26,000, but it adjusts upwards all the way up to $55,000 due to the very low cost of goods and services. This happens (in a lesser proportion) to Japan and South Korea as well. It is fine and dandy to say that the amount of money people consume don't match up, but there is a significant difference in the expense of things in different parts of the world (which is why Europe is even poorer than it thinks it is). |
| Posted by: Vernal Hatrick 2019-08-27 09:39 |
| #3 I've long said that every American should visit a country like India to see REAL poverty (and India is by no means the poorest country in the world.) I joke that in America "poor" people complain that they only get 200 channels on their 65" TVs. Whereas in Bangalore, India I saw people living in corrugated metal shacks, with no running water or electricity - next to a stream that was essentially an open sewer. |
| Posted by: Rambler in Virginia 2019-08-27 09:39 |
| #2 IMHO, Bernie is not a serious contender for POTUS. Can anyone imagine him being taken seriously by foreign leaders or for that matter most Americans? His notions of fiscal responsibility are not realistic and suck. His policies are good for Bernie but not so much for the rest of us. He got rolled by Hillary and there's no reason to believe he wouldn't be rolled or bought off by the deep state again. |
| Posted by: JohnQC 2019-08-27 09:01 |
| #1 Mohr free stuf!!! And eazier speling, two. |
| Posted by: Bobby 2019-08-27 08:44 |
