Tuesday, November 20, 2007

Poverty Line Inflation

is something I never, ever hear about. Hmph, go figure:
In the last 20 years, the proportion of households with income below the poverty line with the following amenities has increased as follows:

1985 2005

Dishwasher 16% 37%
Washing Machine 56% 64%
Dryer 35% 57%

Supposedly, over the last 20 years, all of the income gains have gone to the rich. Yet, somehow, the poorest households increased their access to appliances that make life more pleasant.

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