Over the last 10 years, poverty measured by consumption has fallen much faster than poverty based on income (the official income measure shows poverty rising), and longer-term indicators like housing types and cars driven suggest the bottom has seen real improvement in living standards despite the awful last three years.
factualpending
Speaker
Bruce MeyerEvidence Quote
“the rate of poverty indicated by what people are consuming has gone down a lot faster than a rate based on income in fact the official income measure says that poverty has gone up”
Created: 6/15/2026, 9:20:26 AM
My Notes
Loading notes...