Not sure how relevant it is to compare the poor in the USA to the poor in Europe.
The Poorest 20% of Americans Are Richer on Average Than Most European Nations: https://fee.org/articles/the-poorest-20-of-americans-are-ric... Although averages are a dangerous measure to use and I guess the article is wrong for other reasons (I think it is talking about consumption). The study and article are in response to the crazy OECD poverty measurements: "OECD measure assigns a higher poverty rate to the US (17.8 percent) than to Mexico (16.6 percent). Yet World Bank data show that 35 percent of Mexico’s population lives on less than $5.50 per day, compared to only 2 percent of people in the United States."
I'm in New Zealand, where we have some social support for the unfortunate. Disclaimer: I'm very ignorant of conditions for the poor in the US and Europe.
The Poorest 20% of Americans Are Richer on Average Than Most European Nations: https://fee.org/articles/the-poorest-20-of-americans-are-ric... Although averages are a dangerous measure to use and I guess the article is wrong for other reasons (I think it is talking about consumption). The study and article are in response to the crazy OECD poverty measurements: "OECD measure assigns a higher poverty rate to the US (17.8 percent) than to Mexico (16.6 percent). Yet World Bank data show that 35 percent of Mexico’s population lives on less than $5.50 per day, compared to only 2 percent of people in the United States."
I'm in New Zealand, where we have some social support for the unfortunate. Disclaimer: I'm very ignorant of conditions for the poor in the US and Europe.