Pip@feddit.org to Europe@feddit.orgEnglish · 4 months ago

A new way to measure poverty shows the US falling behind Europe

www.euronews.com

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A new way to measure poverty shows the US falling behind Europe

www.euronews.com

Pip@feddit.org to Europe@feddit.orgEnglish · 4 months ago

The time needed to get $1 in international dollars is 63 minutes in the US. This is about twice the average in Germany, France and the UK according to an Oxford University researcher. This suggests that average poverty is significantly higher in the US.

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4 months ago
I’m kind of relieved to see this new measurement because it gives back some credibility to the social sciences/economics.

Anybody who has been in the US cannot miss the abundant poverty, which is unseen and unheard of in Western Europe.

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