Re:The Geography of U.S. Inequality
by harryh on Tuesday September 06, 2016 @11:04AM
(#12436499)
I don't think it does to be honest. Income growth for the world's poorest has been astonishing over the last several decades. The gains are very real and very meaningful.
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Re:The Geography of U.S. Inequality
by astazangasta on Tuesday September 06, 2016 @11:17AM
(#12436600)
In what terms are they "very meaningful"? There are still hundreds of millions of people living in slums in cities around the world; if these people now survive on $2 instead of $1, why is this "very meaningful"?
What are you talking about? The difference between $2 and $1 is extremely meaningful. $1 a day means that you can barely afford enough rice to survive, at $2 you can start diversify your food and maybe save up for better clothes.