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Old 02-16-2008, 09:19 PM   #31
Phassetus

Join Date
Oct 2005
Posts
550
Senior Member
Default
You can eliminate poverty without touching income distribution

Chile until 2 decades ago was a quite poor country, nowadays, after 2 decades of economic growth, only 17% of Chileans are poor.

Income distribution has not improved, what happened is that instead of giving the poor of bigger piece of the cake, they have made the cake bigger.


edit: BTW, poverty is relative.

I imagine many poor americans own their own house, have cable tv, internet and a car. Thats not poor in my book, maybe working class.
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