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The poor get richer
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02-16-2008, 09:19 PM
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Phassetus
Join Date
Oct 2005
Posts
550
Senior Member
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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