Counting the poor - Deepstash
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Counting the poor

Poverty refers to not having enough money to buy necessities such as food, shelter and clothing, to maintain a minimally adequate life.

In the mid-60s, the government drew up an official method for counting poor people: It examined the annual costs to purchase a minimally adequate diet for a certain sized family, then multiplied that number by three—one third for food expenses and two thirds for all other costs. 

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Other measures of poverty

  • Most analysts believe that the official poverty line is very conservative as today's families must spend more on things other than food. For example, since the 1960s, housing costs have increased by 800%.
  • Some sceptics believe that the multiplier sh...

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Why measure poverty is important

To solve a problem, you need to understand its scope. Inaccurate measurements, such as the federal poverty line, can minimise the extent of a country's poverty level. Research shows that approximately 60% of Americans will live below the poverty line for at least one year of adul...

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The US war on poverty

The US war on poverty

In 1964, US President Johnson declared war on poverty. He stated that the wealthiest nation on Earth should be able to beat it.

Yet, up to that point, the US had no official measure of poverty and no statistics on its scope, form or changing nature.

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pipge

Total food specialist. Friendly webaholic. Coffee fan. Proud analyst. Tv expert. Explorer. Travel nerd. Incurable beer advocate.

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