Are We Poor?
Posted by Amy Davidson
The New Yorker
September 13, 2011
How poor are we, as Americans? There are all sorts of ways to measure the poverty of our lives: income, possessions, health, houses, even height. Depending on one’s personality and position, there is also the matter of whether others around us are richer. The federal government does have a fixed one—a poverty line—and Tuesday we found out that forty-six million two hundred thousand Americans are, by that standard, poor, which is 2.6 million more than just two years ago. The poverty line is notched at $22,113 in income for a family of four. That is not very much, and buys even less in some parts of the country than in others.
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TheNewGildedAge.blogspot.com This blog focuses on the growing inequality of income and wealth in the U.S. As Warren Buffett said in 2008: “There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning.”
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