Fewer people in poverty?
Andrew Coyne in the National Posts reviews poverty measurement and trends over time in the article Fewer people sit below the poverty line now than ever before. Why are we not talking about it?His overall point is that poverty has gone down in Canada.
But still: a much smaller proportion of the population now lives on low income, using a benchmark that was considered the acme of progressivism just a few years ago. The numbers that would be considered poor by the standards of 1965 must be a fraction of that.
The article focuses on the distinction between relative and absolute measures and defines the LICO measurement for the lay audience. Further, the story gets to the heart of the debate between income and consumption and what it means to be poor in a rich society.