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Recursion

(56,582 posts)

7. They have significantly higher poverty

Reply to DanTex (Reply #6)

Sat Feb 8, 2020, 01:20 PM

Feb 2020

The UK's household income is pretty much comparable to Mississippi's. Note that poverty is not an axis on your graph. In general the social democracies have higher poverty (and higher homelessness) than the US. They just make poverty much, much less brutal to live in than we do.

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Decreasing poverty also makes rich people richer [View all] Recursion Feb 2020 OP

Perhaps what you say is true, I'd prefer the saying that a 'rising tide lifts all boats'... SWBTATTReg Feb 2020 #1

So far, we seem to be focused on taking from wealthy -- through taxation-- to Hoyt Feb 2020 #2

Right, household income in the EU social democracies is on par with Mississippi Recursion Feb 2020 #4

That's an interesting way to look at it... Newest Reality Feb 2020 #3

Oh, Lord, no Recursion Feb 2020 #5

Western Europe, etc. has lower poverty and also lower inequality. DanTex Feb 2020 #6

They have significantly higher poverty Recursion Feb 2020 #7

There's literature and statistics about this, and the US has higher poverty rates. DanTex Feb 2020 #8

The UK's poverty rate is 20%. The US's is 11.8% Recursion Feb 2020 #11

Not sure where your data is from. OECD has US higher. DanTex Feb 2020 #12

No, it doesn't. Read the link you posted (nt) Recursion Feb 2020 #13

Yes, it does. That link or any of the hundreds of research papers on the subject. DanTex Feb 2020 #14

I bet you can't prove Western Europe has a poverty rate lower than USA. Hoyt Feb 2020 #9

Google "OECD poverty rates". DanTex Feb 2020 #10