Saturday, November 17, 2012

New Poverty can never be eliminated

The Census Bureau released a new supplemental poverty measure the other day.  As Mickey Kaus points out, it is a complete scam that does not actual measure poverty as people normally think of it.  The old measure tries to capture absolute poverty, but the new one measures relative poverty.  It would be possible for poverty to be eliminated under the old definition, but, by definition, it it can never be eliminated under the new one.  No wonder those who benefit from the existence of poverty (i.e., the poverty industrial complex and most of the media) like this one so much better.