“A groundbreaking study by Just Facts has discovered that after accounting for all income, charity, and non-cash welfare benefits like subsidized housing and Food Stamps--the poorest 20% of Americans consume more goods and services than the national averages for all people in most affluent countries. This includes the majority of countries in the prestigious Organization for Economic Cooperation and Development (OECD), including its European members. In other words, if the U.S. ‘poor’ were a nation, it would be one of the world’s richest. Notably, this study was reviewed by Dr. Henrique Schneider, professor of economics at Nordakademie University in Germany and the chief economist of the Swiss Federation of Small and Medium-Sized Enterprises. After examining the source data and Just Facts’ methodology, he concluded: ‘This study is sound and conforms with academic standards. I personally think it provides valuable insight into poverty measures and adds considerably to this field of research.’ This refutes a July 1st New York Times video op-ed that decries ‘fake news’ and calls for ‘a more truthful approach’ to ‘the myth of America as the greatest nation on earth,’ Times producers Taige Jensen and Nayeema Raza claim that the U.S. has ‘fallen well behind Europe’ in many respects and has ‘more in common with developing countries than we’d like to admit.’ The high consumption of America’s ‘poor’ doesn’t mean they live better than average people in the nations they outpace, like Spain, Denmark, Japan, Greece, and New Zealand. This is because people’s quality of life also depends on their communities and personal choices, like the local politicians they elect, the violent crimes they commit, and the spending decisions they make. Nonetheless, the fact remains that the privilege of living in the U.S. affords poor people with more material resources than the averages for most of the world’s richest nations. The Times closes its video by claiming that ‘America may once have been the greatest, but today America, we’re just okay.’ In reality, the U.S. is so economically exceptional that the poorest 20% of Americans are richer than many of the world’s most affluent nations. Last year, the Times adopted a new slogan, ‘The truth is worth it.’ Yet, in this case and others, it has twisted the truth in ways that can genuinely hurt people. The Times makes other spurious claims about the U.S. in this same video, which will be deflated in future articles.” James Agresti, “Poorest 20%,” The Stream, Aug. 27, 2019 Comments are closed.
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