Row 87860

Row ID: 87860 | Dataset Entry | Axioma AXP Content Repository

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> $59k vs $62

If I recall the current median FT wage comes out to $59k but those numbers are close enough it doesn’t really matter for the purpose of this conversation.

> I have never made anywhere close to that

Nevertheless, it is the median wage for a full time worker currently

> If, for example, 10%

It’s true that 10% of people is a much bigger number of people than in 1990, and (I’m happy to report) it’s also true that we’ve made incredible strides against poverty since 1990: https://en.m.wikipedia.org/wiki/Extreme_poverty

(US-specific progress was much slower during that same period, mostly because we had already pulled most of our population out of poverty before then.)

> how does this make sense?

I don’t know, probably you’re using a different definition of poverty and bare necessities. The place we draw the line and call “poverty” is kind of arbitrary though.

FieldValue
text > $59k vs $62 If I recall the current median FT wage comes out to $59k but those numbers are close enough it doesn’t really matter for the purpose of this conversation. > I have never made anywhere close to that Nevertheless, it is the median wage for a full time worker currently > If, for example, 10% It’s true that 10% of people is a much bigger number of people than in 1990, and (I’m happy to report) it’s also true that we’ve made incredible strides against poverty since 1990: https://e…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-24
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Raw Record

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  "text": "> $59k vs $62\n\nIf I recall the current median FT wage comes out to $59k but those numbers are close enough it doesn’t really matter for the purpose of this conversation. \n\n> I have never made anywhere close to that\n\nNevertheless, it is the median wage for a full time worker currently\n\n> If, for example, 10%\n\nIt’s true that 10% of people is a much bigger number of people than in 1990, and (I’m happy to report) it’s also true that we’ve made incredible strides against poverty since 1990: https://en.m.wikipedia.org/wiki/Extreme_poverty\n\n(US-specific progress was much slower during that same period, mostly because we had already pulled most of our population out of poverty before then.)\n\n> how does this make sense?\n\nI don’t know, probably you’re using a different definition of poverty and bare necessities. The place we draw the line and call “poverty” is kind of arbitrary though.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-24",
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