Monday, August 15, 2011

Poverty is Relative

Facts from the U.S. Census Bureau's Annual Report on Income and Poverty in the United States (1998):
  • About 30 million Americans are living in poverty.
  • In contrast to poor people who are not fortunate enough to live in the United States, more than half of the U.S. poor own their own homes.
  • Nearly 2 million of the U.S. poor own homes worth more than a quarter of a million dollars.
  • Over 70 percent of the U.S. poor own their own car, and 30 percent own two cars.
  • Of the U.S. poor, 98 percent own a color television, and over 50 percent own two.
  • Of the U.S. poor, 75 percent own a VCR, and 20 percent own two.
From Thou Shall Prosper, Second Edition by Rabbi Daniel Lapin, p. 148 ©2010