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To: Lane3 who wrote (212707)7/20/2007 12:01:53 PM
From: TimF  Read Replies (2) | Respond to of 794027
 
Yeah $10k might be tough for most people, but the point is you can live on it without any severe suffering. $15k is more reasonable for most (probably more in very expensive areas).

OTOH as I mentioned before I've had people tell me that $50k was "near poverty". I'm not sure how much of that was totally sincere belief, and how much of it was a way of presenting a larger percentage of people as poor or near poor as an argument for more government intervention and social spending.

People talk about increasing poverty in the US. That might be true, if and only if you define poverty upwards. The average person in the world (or the average American a century ago) was poorer than that undergrad. People talk about how we "now need two incomes to support a family", when you didn't used to need two incomes, but for many of those two income families, its because they have defined what they "need" at a higher level, not just than a century ago, but even than a generation ago.