Tuesday, July 13, 2010

The poor is the US are not poor on a global standard

I don't understand what is so controversial here. I believe and Rand said steps could be taken to improve the lives of the poor in America. However when you look at not just the income available to many poor people, but the collective resources of the community, you get a picture of poor people who are lucky to be American.

The fact is, the richest person in a Third World country would trade that spot for the lowest rung on the American ladder. But I’ll go further and say the poor in the US – when viewed by the rest of the world – aren’t poor at all. The poverty level for us looks like something to shoot for.

Fact is, there are too many countries to mention where citizens have a yearly income measured in hundreds of dollars. While our poor can still buy music, beer and Nikes, one purchase at the Footlocker cripples Liberia for a week.

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