I wish HN allowed formatting beyond italics - then whenever I discuss this topic I'd put the phrase "PPP-adjusted" in bold 18pt font.
...some combination of malnutrition, homelessness, illness, etc...
The mean Bulgarian does not suffer these problems. Neither does the upper middle class Indian who lives on far less. When I say "far less" I mean after adjusting for PPP, i.e. adjusting for "basic costs", or however you want to phrase it.
I don't know why you consider my tone "provocative". It's not obvious to me what the phrase "too low" or "basic costs" mean.
Incidentally, when I said "live on less than the average poor American", I meant in terms of material consumption. I have no car (75% of poor Americans do). I can't drink the water coming out of my tap. I have a small living space. Most poor Americans have more possessions than I do.
Incidentally, when I said "live on less than the average poor American", I meant in terms of material consumption. I have no car (75% of poor Americans do). I can't drink the water coming out of my tap. I have a small living space.
Americans believe everyone should have basic things like sanitation. Arguing that the poor somehow shouldn't just because India hasn't been as successful at infrastructure development isn't really a good argument.
To be explicitly clear, the question is this: Suppose there are concrete negative consequences to having ppp-adjusted ppp-adjusted ppp-adjusted ppp-adjusted income below $14,500/year. What are those consequences? Why don't middle class Bulgarians and upper middle class Indians suffer them?
(I overemphasize the phrase "ppp-adjusted" since you, llllllllllll, and many other people in other threads seem to repeatedly ignore it.)
I wish HN allowed formatting beyond italics - then whenever I discuss this topic I'd put the phrase "PPP-adjusted" in bold 18pt font.
...some combination of malnutrition, homelessness, illness, etc...
The mean Bulgarian does not suffer these problems. Neither does the upper middle class Indian who lives on far less. When I say "far less" I mean after adjusting for PPP, i.e. adjusting for "basic costs", or however you want to phrase it.
I don't know why you consider my tone "provocative". It's not obvious to me what the phrase "too low" or "basic costs" mean.
Incidentally, when I said "live on less than the average poor American", I meant in terms of material consumption. I have no car (75% of poor Americans do). I can't drink the water coming out of my tap. I have a small living space. Most poor Americans have more possessions than I do.