“The "poor" now are far better off than the "poor" of 100 years ago for example.”
How do you define better off?
RE: Some people cannot understand economics of scale. Bernie is one of those people. #freethemarket
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Some people cannot understand economics of scale. Bernie is one of those people. #freethemarket
Speaking economically. Living in greater comfort, have more luxury items, are better off nutritionally, etc. The percentage of people living below the poverty level (a somewhat arbitrary designation anyway) hasn't varied by more than a few percentage points in decades but the standard of living has gone up, even for those at or below the poverty level.
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