Huh? That graph is measuring numbers and percentages of people who don’t meet the poverty threshold. That’s defined by an estimate that they don’t have enough income to meet basic needs such as food and shelter.
Can you expand on this? The poverty threshold in the US is designed to incorporate parameters for living standards regarding food and other essentials. How would you do things differently? It does have some problems certainly, like not taking into account differing costs of living in different locations, but as a rough measure for this purpose it seems fine.
I agree, but poverty and efforts for its alleviation aren’t really about material concerns. Everyone having say food, shelter from the elements and basic healthcare can be made to work. But poverty as in relative poverty is unavoidable.
Huh? That graph is measuring numbers and percentages of people who don’t meet the poverty threshold. That’s defined by an estimate that they don’t have enough income to meet basic needs such as food and shelter.
the poverty threshold is a much worse metric than looking directly at various parameters for living standards.
Can you expand on this? The poverty threshold in the US is designed to incorporate parameters for living standards regarding food and other essentials. How would you do things differently? It does have some problems certainly, like not taking into account differing costs of living in different locations, but as a rough measure for this purpose it seems fine.
After further investigation I retract the “much worse” comment. It is a little more precise than I previously thought.
I agree, but poverty and efforts for its alleviation aren’t really about material concerns. Everyone having say food, shelter from the elements and basic healthcare can be made to work. But poverty as in relative poverty is unavoidable.
Why?
Oh, my mistake. I thought it was measuring “relative poverty” like the EU does.