Altra_Shadowstalker
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WE ARE WINNING!! (the war on poverty)
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Thanks mostly to China.
http://www.economist.com/node/21548963
Economist posted:
The world reached the UN’s “millennium development goal†of halving world poverty between 1990 and 2015 five years early. This implies that the long-term rate of poverty reduction—slightly over one percentage point a year—continued unabated in 2008-10, despite the dual crisis.
A lot of the credit goes to China. Half the long-term rate of decline is attributable to that country alone, which has taken 660m people out of poverty since 1981.
Economist posted:
In 1981, 645m people lived on between $1.25 and $2 a day. By 2008 that number had almost doubled to 1.16 billion. Even if many of these middling poor move up, their places are often taken by those who have just escaped from absolute poverty; population growth does the rest. The poorest of the poor seem to have escaped the worst of the post-2007 downturn. But the growth in the middling poor shows there is much to be done.
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Moe_Nox
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WE ARE WINNING!! (the war on poverty)
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Remember the good ole days when we tried to fix just our problems and not those of the entire world? Ya, I don't either.
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The Nanny State cometh Currency should be bacon cheeseburgers and blow jobs... - Reese Life at the Outpost: http://www.collegehumor.com/video:1771556
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Altra_Shadowstalker
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WE ARE WINNING!! (the war on poverty)
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All humanity should be trying to fix world poverty. This isn't the, "I just barely afforded my flatscreen after buying my xbox" poor. This is, "what's for dinner? I didn't eat all day, or yesterday, or the day before. Dirt cookies? Again? We had those last week!"
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"Goddammit, Swearengen, I don't trust you as far as I could th'ow you, but I enjoy the way you lie."
I don't typo often, but when I do, I blame Swype.
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Tych2
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WE ARE WINNING!! (the war on poverty)
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.
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We have enough youth. What we need is a fountain of smart.
Drill Anwar!
Kapie
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Brother_Tempus
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WE ARE WINNING!! (the war on poverty)
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what is a dollar in terms of value and what could $1.25 buy back in 1981 compared to now?
does that difference in purchasing power really lift anyone out poverty in real terms?
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DemonicXH
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WE ARE WINNING!! (the war on poverty)
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Too bad Dae_twat isn't here to applaud the Chinese for not starving their people.
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theredkay1
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WE ARE WINNING!! (the war on poverty)
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Brother_Tempus posted:
what is a dollar in terms of value and what could $1.25 buy back in 1981 compared to now?
does that difference in purchasing power really lift anyone out poverty in real terms?
The measurement is inflation adjusted . sometimes there is good news....disappointing huh?
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Brother_Tempus
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WE ARE WINNING!! (the war on poverty)
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theredkay1 posted:
Brother_Tempus posted:
what is a dollar in terms of value and what could $1.25 buy back in 1981 compared to now?
does that difference in purchasing power really lift anyone out poverty in real terms?
The measurement is inflation adjusted .
It never is ... it is "fudged" on the side of the state
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BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
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Akza
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WE ARE WINNING!! (the war on poverty)
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Brother_Tempus posted:
theredkay1 posted:
Brother_Tempus posted:
what is a dollar in terms of value and what could $1.25 buy back in 1981 compared to now?
does that difference in purchasing power really lift anyone out poverty in real terms?
The measurement is inflation adjusted .
It never is ... it is "fudged" on the side of the state
TIN FOIL HAT TIME EVERYONE!
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imaloon1
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WE ARE WINNING!! (the war on poverty)
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theredkay1 posted:
Brother_Tempus posted:
what is a dollar in terms of value and what could $1.25 buy back in 1981 compared to now?
does that difference in purchasing power really lift anyone out poverty in real terms?
The measurement is inflation adjusted . sometimes there is good news....disappointing huh?
So by improving the wages and destroying their economies with multinational corporations raping their resource fields and then devaluing their currency by about 3x the amount they increased the wages from we're calling it a win?
WHAT PLANET ARE YOU FROM KAY?
Seriously it's some kind of asshole that thinks this is a good thing.
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theredkay1
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WE ARE WINNING!! (the war on poverty)
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imaloon1 posted:
theredkay1 posted:
Brother_Tempus posted:
what is a dollar in terms of value and what could $1.25 buy back in 1981 compared to now?
does that difference in purchasing power really lift anyone out poverty in real terms?
The measurement is inflation adjusted . sometimes there is good news....disappointing huh?
So by improving the wages and destroying their economies with multinational corporations raping their resource fields and then devaluing their currency by about 3x the amount they increased the wages from we're calling it a win?
WHAT PLANET ARE YOU FROM KAY?
Seriously it's some kind of asshole that thinks this is a good thing.
huh? I see you are angry but your rant doesnt make any sense. My comment was only that the numbers are inflation adjusted and its a good thing that China is richer than it used to be. As imperfect as China's model may be, the world is better off with so many people lifted out of poverty. Seems fairly uncontroversial.
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