The Poverty Line is an anachronistic abstraction. At least 40% of - TopicsExpress

The Poverty Line is an anachronistic abstraction. At least 40% of the population is financially insecure (though I think it is higher, and dependent upon location). “It is not just poverty (ie the incomes of the lowest 10% of the population) that inhibits growth … policymakers need to be concerned about the bottom 40% more generally – including the vulnerable lower-middle classes at risk of failing to benefit from the recovery and future growth. Anti-poverty programmes will not be enough.” theguardian/business/2014/dec/09/revealed-wealth-gap-oecd-report?CMP=share_btn_tw

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