Poverty in USA and Europe, luxury in Africa

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Poverty in USA and Europe, luxury in Africa

Postby Squire » 31 May 2018, 21:42

This is quite interesting for the contrast. The real poverty in USA and Europe hardly ever gets exposed.

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Re: Poverty in USA and Europe, luxury in Africa

Postby Squire » 01 Jun 2018, 12:49

Based on an absolute minimum of $ 4 per day in developed countries, the chart below shows poverty rates for a number of countries including USA and Australia.

What is astonishing is that Australia has three times the poverty rate of the UK based on the criteria of this study and is no better than South Korea.

https://www.nytimes.com/2018/01/24/opinion/poverty-united-states.html

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... The Oxford economist Robert Allen recently estimated needs-based absolute poverty lines for rich countries that are designed to match more accurately the $1.90 line for poor countries, and $4 a day is around the middle of his estimates. When we compare absolute poverty in the United States with absolute poverty in India, or other poor countries, we should be using $4 in the United States and $1.90 in India.

Once we do this, there are 5.3 million Americans who are absolutely poor by global standards. This is a small number compared with the one for India, for example, but it is more than in Sierra Leone (3.2 million) or Nepal (2.5 million), about the same as in Senegal (5.3 million) and only one-third less than in Angola (7.4 million). Pakistan (12.7 million) has twice as many poor people as the United States, and Ethiopia about four times as many. ...
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Re: Poverty in USA and Europe, luxury in Africa

Postby DonDeeHippy » 02 Jun 2018, 17:06

we went to Melbourne 2 years ago and spent the day in the city, it was depressing the amount of homeless everywhere.
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