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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (227011)	3/30/2005 4:53:01 PM
From: TimF	Read Replies (1) \| Respond to of 1576022

The official poverty rate in 2003 was 12.5 percent, up from 12.1 percent in 2002. Up .4 % after being down 12% over the cource of a few decades. And 2003 is before the recovery from recession had progressed enough to really make a positive contribution. Also from the article - "In 1999, 25% of American households were considered "low income," meaning they had an annual income of less than $25,000. If Sweden--the very model of a modern welfare state--were judged by the same standard, about 40% of its households would be considered low-income. In other words poverty is relative, and in the U.S. a large 45.9% of the "poor" own their homes, 72.8% have a car and almost 77% have air conditioning, which remains a luxury in most of Western Europe. The average living space for poor American households is 1,200 square feet. In Europe, the average space for all households, not just the poor, is 1,000 square feet..."