First of all, the number of people in poverty has declined:
WASHINGTON (AP) — Five years into a national economic recovery, the share of Americans living in poverty finally dropped.
The nation’s poverty rate was 12.3 percent in 2006, down from 12.6 percent a year before, the Census Bureau reported Tuesday. Median household income increased slightly, to $48,200.
And, even more interestingly, the definition of poverty ain’t exactly what you think it might be:
Overall, the typical American defined as poor by the government has a car, air conditioning, a refrigerator, a stove, a clothes washer and dryer, and a microwave. He has two color televisions, cable or satellite TV reception, a VCR or DVD player, and a stereo. He is able to obtain medical care. His home is in good repair and is not overcrowded. By his own report, his family is not hungry and he had sufficient funds in the past year to meet his family’s essential needs. While this individual’s life is not opulent, it is equally far from the popular images of dire poverty conveyed by the press, liberal activists, and politicians.-
Please don’t tell John Edwards, his hair might fall out.
