News for hackers. Stuff that matters.
Re:“An Odd, Almost Senseless Series of Events” (2018) by bryanrasmussen on Friday November 13, 2020 @07:00AM (#25081365)
>America, where the poor people are... much richer than anywhere else in the world?

I've been poor in America and poor in Denmark.

You are definitely misinformed on this matter.

Re:“An Odd, Almost Senseless Series of Events” (2018) by thaumasiotes on Friday November 13, 2020 @07:43AM (#25081566)
Well, I can't say much for the tone of the piece, but compare https://fee.org/articles/the-poorest-20-of-americans-are-ric... .
Re:“An Odd, Almost Senseless Series of Events” (2018) by sk5t on Friday November 13, 2020 @09:00AM (#25082171)
Yikes. This heavily slanted article is tailor made to suit the worldview of the "smug Young Republican" set.
Re:“An Odd, Almost Senseless Series of Events” (2018) by gambiting on Friday November 13, 2020 @10:25AM (#25083202)
>>The OECD data is particularly flawed because it is based on “income,” which excludes a host of non-cash government benefits and private charity that are abundant in the United States. Examples include but are not limited to:

- Health care provided by Medicaid, free clinics, and the Children’s Health Insurance Program

- Nourishment provided by food stamps, school lunches, school breakfasts, soup kitchens, food pantries, and the Women’s, Infants’ & Children’s program

-Housing and amenities provided through rent subsidies, utility assistance, and homeless shelters

Yes, of course, because no European nation provides these. What an idiotic article.

Re:“An Odd, Almost Senseless Series of Events” (2018) by thaumasiotes on Friday November 13, 2020 @06:18PM (#25088731)
> Yes, of course, because no European nation provides these. What an idiotic article.

The finding is that average consumption for the bottom 20% of US households exceeds average consumption for the bottom 100% of e.g. Spanish households.

This is a comparison that automatically includes welfare benefits provided on both sides. What do you think is getting left out?

Re:“An Odd, Almost Senseless Series of Events” (2018) by darkerside on Friday November 13, 2020 @10:36AM (#25083328)
So now it's poor people in America are richer than some poor people in some nations? That seems like a more reasonable assertion, albeit much less meaningful.