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The Poorest 20% of Americans Are Richer on Average Than Most European Nations | James D. Agresti
The privilege of living in the US affords poor people more material resources than the averages for most of the world’s richest nations.A groundbreaking study by has discovered that after accounting for all income, charity, and non-cash welfare benefits like subsidized housing and food stamps, the poorest 20 percent 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...…The privilege of living in the US affords poor people more material resources than the averages for most of the world’s richest nations.A groundbreaking study by has discovered that after accounting for all income, charity, and non-cash welfare benefits like subsidized housing and food stamps, the poorest 20 percent 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...WW…
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