Study finds America's poorest 20% consume more than national averages of most Europea
Advertise with us Click for Rates
Page 1 of 3 123 LastLast
Results 1 to 10 of 24
Like Tree12Likes

Thread: Study finds America's poorest 20% consume more than national averages of most Europea

  1. #1
    Ancient Gaseous Emanation Popeye's Avatar
    Join Date
    Oct 2007
    Location
    Sacramento area, CA
    Posts
    52,053

    Default Study finds America's poorest 20% consume more than national averages of most Europea

    Study finds America's poorest 20% consume more than national averages of most European and OECD nations

    Thomas Lifson
    August 26, 2019


    Most of the articles you read decrying the purportedly wretched state of the poor in the United States, blaming prosperous people for the "inequality" of our "income distribution" (as if rich people got that way by expropriating the earnings of the poor, because someone "redistributed" their income to the rich) are phony. They rely on income reported to the IRS and ignore the substantial untaxed benefits supplied to low-income people.

    A new study from the public policy research group Just Facts corrects for this ignored income and finds that our poorest 20% consume as much as the average in many European and other developed countries. James D. Agresti of [Only registered and activated users can see links. ] writes:

    A groundbreaking study by [Only registered and activated users can see links. ] has discovered that after accounting for all income, charity, and non-cash welfare benefits like subsidized housing and Food Stamps — the poorest 20% of Americans consume more goods and services than the national averages for all people in most affluent countries. This includes the majority of countries in the prestigious Organization for Economic Cooperation and Development (OECD), including its European members. In other words, if the U.S. "poor" were a nation, it would be one of the world's richest.

    Notably, this study was reviewed by Dr. [Only registered and activated users can see links. ], professor of economics at Nordakademie University in Germany and the chief economist of the Swiss Federation of Small and Medium-Sized Enterprises. After examining the source data and Just Facts' methodology, he concluded: "This study is sound and conforms with academic standards. I personally think it provides valuable insight into poverty measures and adds considerably to this field of research."


    [Only registered and activated users can see links. ]


    The study cites and rebuts a recent New York Times [Only registered and activated users can see links. ] decrying our poverty, as well as other such studies.


    It is worth a careful read.

    Ever since I first went to live in Japan in 1967 and observed that middle-class people there had a lower material standard of living than American blacks in Watts who had recently rioted, I realized that poverty in rich countries is a mental state more than a material situation in the modern world, where starvation is not an issue in rich countries. I would not argue that poor people in America are not miserable. But I would argue that "free money" — whether a welfare check or an Andrew Yang–style guaranteed income — will not solve their problems.




    [Only registered and activated users can see links. ]
    The difference between a Socialist and a Communist is that the Socialist doesn't have all the guns yet.

  2. #2
    Senior Member NGF Addict! Fitasc Shooter's Avatar
    Join Date
    Apr 2018
    Posts
    5,972

    Default America's Poorest Richer Than 60% Of Developed World

    Results of a real academic study using proper scientific methods.
    The next time someone tells you how horrible America treats it's poor point them to this
    European study backed by real facts.

    [Only registered and activated users can see links. ]

    On average, a person among the poorest 20 percent of Americans consumes more goods and services than the average person in Canada, Greece, the United Kingdom, Sweden, Australia, Spain, Portugal, Japan, Denmark, Iceland, New Zealand, Slovenia, Slovakia, Israel, South Korea, the Czech Republic, Estonia, Poland, Chile, Hungary, Turkey, and Mexico.
    "Never argue with an idiot. They will only bring you down to their level and beat you with experience", George Carlin

    FITASC: Fédération Internationale de Tir aux Armes Sportives de Chasse.

  3. #3
    Senior Member
    Join Date
    Apr 2019
    Location
    TEXAS
    Posts
    861

    Default

    My son has just started travelling the globe as a commercial mariner.
    The poverty in many parts of the world is what surprised him the most.
    Guess we know why everyone is trying to live here.

  4. Remove Advertisements
    NationalGunForum.com
    Advertisements
     

  5. #4
    Senior Member NGF Addict! Fitasc Shooter's Avatar
    Join Date
    Apr 2018
    Posts
    5,972

    Default

    The Section 8 housing in most parts of this country would be considered Middle Class or better in most other countries.
    Popeye likes this.
    "Never argue with an idiot. They will only bring you down to their level and beat you with experience", George Carlin

    FITASC: Fédération Internationale de Tir aux Armes Sportives de Chasse.

  6. #5
    Senior Member
    Join Date
    Apr 2019
    Location
    TEXAS
    Posts
    861

    Default

    I think poverty is in part self perception.
    I guess someone who can afford to live in an affluent part of town but not enough to own a high end car considers himself a little poor in some aspects.
    Oh Lord won't you buy me a Mercedes Benz.... My friends all have Porsche's I must make amends.
    Lord if I am going to be poor ,let me be poor in the USA.
    Another thought,
    In other parts of the world, especially communist/socialist countries. If you are born poor, you have no way to get out of it.
    Here, if you work hard enough, educate yourself, you can rise out of poverty
    Popeye likes this.

  7. #6
    Senior Member NGF Addict! surevaliance's Avatar
    Join Date
    Sep 2018
    Posts
    1,015

    Default

    In the Europe most people use public transportation for daily commute because it is so well developed and widely affordable.
    Over there having a car is a luxury and your choice, over here it is an inevitable evil.
    Exclude all transportation expenses from your budget, such as insurance, tabs, gasoline, oil change, filters, tires, repair, brakes, etc. and then we will talk again.

    And this is just for start.
    Last edited by surevaliance; 08-27-2019 at 10:37 AM.
    Wag likes this.
    There are those who hate 2nd Amendment and vote for Democrats, and those who are not convicted felons.Hidden Content

    Hidden Content

    armed = unharmed
    or
    unarmed = harmed
    You choose one for yourself

  8. #7
    Senior Member NGF Addict! PrairieHunt's Avatar
    Join Date
    Oct 2014
    Location
    Black Hills of South Dakota
    Posts
    5,598

    Default

    You should all go to WallyWorld at midnight...the 9th to 10th of one month. Interesting watching all the 'poor' spending their food stamps.
    "​My dog sleeps with me, and we both snore."

  9. #8
    Senior Member NGF Addict! friendof2nd's Avatar
    Join Date
    Apr 2013
    Location
    Miami, FL
    Posts
    3,707

    Default

    I have been fortunate were I and the wife have been able to visit over 30 countries, both in Latin American and Europe. The standard of living in those countries tend to be lower that ours, and no matter what country you are visiting, most residents express their desire to come to the USA. I wonder why................

    A individual living in one of our ghettos, have a better standard of living the middle class in some Latin American countries.
    Progressive = The new Political Correct name for a Communist

    A gun on your hip is like the insurance you pay every month that you hope never have to use.

    You can vote yourself into Socialism, but you will have to fight your way out of it! - Bearing Arms. com

  10. #9
    Senior Member NGF Addict! friendof2nd's Avatar
    Join Date
    Apr 2013
    Location
    Miami, FL
    Posts
    3,707

    Default

    Quote Originally Posted by Fitasc Shooter View Post
    The Section 8 housing in most parts of this country would be considered Middle Class or better in most other countries.

    Very true! I know, I have been to some of those countries!
    PrairieHunt likes this.
    Progressive = The new Political Correct name for a Communist

    A gun on your hip is like the insurance you pay every month that you hope never have to use.

    You can vote yourself into Socialism, but you will have to fight your way out of it! - Bearing Arms. com

  11. #10
    Senior Member NGF Addict! surevaliance's Avatar
    Join Date
    Sep 2018
    Posts
    1,015

    Default

    Maybe those poor asses from the South should learn how to wake up at 4 am and go to work instead of having a siesta non-stop?
    friendof2nd likes this.
    There are those who hate 2nd Amendment and vote for Democrats, and those who are not convicted felons.Hidden Content

    Hidden Content

    armed = unharmed
    or
    unarmed = harmed
    You choose one for yourself

Page 1 of 3 123 LastLast

Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)