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Old 01-13-2015, 04:35 PM
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donquixote99 donquixote99 is offline
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The guy with 250K income sure sounds nutty, but I remind you all that he's not in the OP. So let's not just dismiss it based on one killer anecdote. The problem with technical standards for poverty is real. The current 'poverty rate,' from the story, seems to be based on '3 times a subsistence food basket cost.' That may or may not be improved upon by the 'asset-limited, income-constrained employed (ALICE) formulation, the question is wonkish.

But the real problem is too many earn too low wages, the middle class is hollowing out. If this initiative puts some focus on this, in a way that results in helpful change, it will be a good thing.

Last edited by donquixote99; 01-13-2015 at 04:37 PM.
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