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In reply to the discussion: Both China and India are Amazing Stories of Poverty Reduction... We Should Stop Demonizing Them [View all]BrentWil
(2,384 posts)The measurements are never prefect. You can always rework how you measure absolute poverty. The problem with reworking the numbers is that, it just becomes more difficult because relative purchasing power does vary a lot even within a country.
While I am a social scientist at heart and love measurments , I have seen poverty in both the United States and India. There really is no comparison. While $1.25 does buy more in different places, the social welfare net in this country does cover a much higher figure then $1.25 a day. Even adjusted for relative purchasing power, poverty in India is on another scale. I am again not saying that we shouldn't be doing more. We need to build a bigger middle class. The problem with our economy is on the demand side and the best means to solve that is to bring people into a middle class. We have lots of work to do, but India moving in the right direction is not a bad thing.