January 8, 2014

WHICH IS WHY OUR "POOR" ARE FAT INSTEAD OF HUNGRY::

Who Counts as Poor in America? (Simone Pathe, 1/08/14, PBS: Business Desk)

The calculation on which the poverty level is based is the brainchild of one woman, but she never set out to develop a general poverty measure. In 1963, Social Security Administration statistician Mollie Orshansky was calculating a subsistence budget for poor families that grew out of her interest in determining the incidence of childhood poverty, an experience with which she was personally familiar.

Orshansky's subsistence level was set at three times the 1963 U.S. Department of Agriculture's economy food budget (based on the assumption that families spent one-third of their income on food). 

When, in reality, we spend less than a fifth of that.
Posted by at January 8, 2014 1:40 PM
  
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