Welcome, Guest. Please login or register.
Did you miss your activation email?
May 20, 2019, 05:29:26 pm
News: Please delete your old personal messages.

  Atlas Forum
  General Politics
  International General Discussion (Moderators: Gustaf, أندرو, Hash, Blind Jaunting)
  In News the Pessimists Won't Believe, half the world middle class or better
« previous next »
Pages: [1] Print
Author Topic: In News the Pessimists Won't Believe, half the world middle class or better  (Read 409 times)
dead0man
YaBB God
*****
Posts: 33,516
United States


Show only this user's posts in this thread
« on: October 10, 2018, 06:06:28 am »

link
Quote
For the first time since the dawn of human civilization, most people in the world aren't living in poverty.

That's what a September study from the Brookings Institution, reported by Axios on Tuesday, found after analyzing the share of people who are either poor or vulnerable to falling into poverty. The tipping point arrived last month, when 3.8 billion people could be considered "middle class" or "rich," the analysis concluded.

"Barring some unfortunate global economic setback, this marks the start of a new era of a middle-class majority," the study authors wrote. Just over 50 percent of the world's households spend $11-110 per day per person, making them middle class, by the researchers' definition. Other groups include those in extreme poverty, spending less than $1.90 per person per day, and the rich, who spend more than $110 per person per day.
great news that will be ignored by most because it's not what their handlers are telling them.
Logged
Mr. Reactionary
blackraisin
YaBB God
*****
Posts: 9,090
United States


Political Matrix
E: 5.45, S: -3.35

Show only this user's posts in this thread
« Reply #1 on: October 10, 2018, 06:11:26 am »

But the rich have more than the middle class which makes being middle class similar to slavery. Better everyone should be equally poor than permitting dreaded income inequality.
Logged
Intell
YaBB God
*****
Posts: 5,686
Nepal


Political Matrix
E: -6.71, S: -1.24

Show only this user's posts in this thread
« Reply #2 on: October 10, 2018, 06:27:37 am »

But the rich have more than the middle class which makes being middle class similar to slavery. Better everyone should be equally poor than permitting dreaded income inequality.

Everything is perfect with the world!!!

Logged
True Federalist
Ernest
Moderators
YaBB God
*****
Posts: 36,683
United States


WWW Show only this user's posts in this thread
« Reply #3 on: October 10, 2018, 07:19:03 am »

By the standard they are using, there in no such thing as poverty in the U.S. as having a half time minimum wage job and no government assistance is enuf to make a single person middle class.  It is a good thing that in general people's lives are getting better, but even using PPP, it's awfully tricky to make sweeping statements about the world economy.
Logged
dead0man
YaBB God
*****
Posts: 33,516
United States


Show only this user's posts in this thread
« Reply #4 on: October 10, 2018, 07:27:32 am »

But the rich have more than the middle class which makes being middle class similar to slavery. Better everyone should be equally poor than permitting dreaded income inequality.

Everything is perfect with the world!!!


you're not very good at this
By the standard they are using, there in no such thing as poverty in the U.S. as having a half time minimum wage job and no government assistance is enuf to make a single person middle class.  It is a good thing that in general people's lives are getting better, but even using PPP, it's awfully tricky to make sweeping statements about the world economy.
sure, but:
1.this is about the world, not the US, but yeah, from an Earth perspective, almost everybody in the US is middle class (or much much better)
2.the point is that things are generally getting better for most humans...well that and to make fun of people of people like Intell.
Logged
True Federalist
Ernest
Moderators
YaBB God
*****
Posts: 36,683
United States


WWW Show only this user's posts in this thread
« Reply #5 on: October 10, 2018, 08:52:13 am »

I never believed in Lake Wobegone.
Logged
bigic
Full Member
***
Posts: 188


Political Matrix
E: 2.32, S: -7.30

Show only this user's posts in this thread
« Reply #6 on: October 11, 2018, 09:19:04 am »

Capitalism and free trade FTW
Logged
Pages: [1] Print 
« previous next »
Jump to:  


Login with username, password and session length
Logout

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

© Dave Leip's Atlas of U.S. Elections, LLC