Tag: Poverty Measure
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Why Our Poverty Measure Misleads
RealClearMarkets: Why Our Poverty Measure Misleads Robert Samuelson … Despite poverty's messiness, we've tended to measure progress against it by a single statistic, the federal poverty line. It was originally designed in the early 1960s by Mollie Orshansky, an analyst at the Social Security Administration, and became part of Lyndon Johnson's War on Poverty. She…
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Bloomberg Seeks New Way to Decide Who Is Poor
New York Times: Bloomberg Seeks New Way to Decide Who Is Poor The Bloomberg administration, frustrated by the federal government’s Great Society method of determining who is poor, is developing its own measure, which city officials say will offer a more modern and accurate picture of poverty. Mayor Michael R. Bloomberg wants to adopt the…