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Re:The Poorest 20% of Americans Are Richer on Average Than M... by bumby on Monday August 26, 2019 @03:19PM (#20802825)
There's some weird circular referencing within this article. One example is the claim of tax rates disincentivizing work, which references another justfacts article. Following that article, it basically gives a weak "some economists believe" statement without much rigor, and further on even negates the referenced claim with "In general, findings indicate that the labor supply of so called “primary earners” tends to be less responsive to changes in marginal tax rates"

I thought there were some relevant points on improving ways we measure poverty but consumption seems to be a less than ideal metric to me at face value because consumption can be propped up by bad debt. A consumption to debt ratio may be more appropriate.

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