With unemployment low and wages rising, the struggle for basic necessities like food should be easing. But those on the front lines of feeding the hungry say they are seeing the opposite.
Over the last 200 years, it has been more likely for people to climb out of extreme poverty than go the other way. The amount of people in extreme poverty was ~75% in 1820, and it’s now ~10%.
But perhaps you were talking about poverty, not extreme poverty. That figure has been rather more or less same for a long time in the US.
It’s pretty much a fact that the Chinese economy has been doing great in the last 20 years, and since most of the extreme poverty used to be in places like China, it’s not a large surprise that the most climbing happened there. It’s easier to climb when you’re at the bottom – there’s way more room above you than below you.
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I believe USA has a rather large middle class still, don’t they?
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Over the last 200 years, it has been more likely for people to climb out of extreme poverty than go the other way. The amount of people in extreme poverty was ~75% in 1820, and it’s now ~10%.
But perhaps you were talking about poverty, not extreme poverty. That figure has been rather more or less same for a long time in the US.
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It’s pretty much a fact that the Chinese economy has been doing great in the last 20 years, and since most of the extreme poverty used to be in places like China, it’s not a large surprise that the most climbing happened there. It’s easier to climb when you’re at the bottom – there’s way more room above you than below you.