RyanCarey comments on Post ridiculous munchkin ideas! - LessWrong

55 Post author: D_Malik 15 May 2013 10:27PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (1240)

You are viewing a single comment's thread. Show more comments above.

Comment author: RyanCarey 12 May 2013 03:15:01AM -2 points [-]

The absolute poverty line is US$2/day, purchasing power parity adjusted. You don't earn less than $8/day.

Comment author: SaidAchmiz 12 May 2013 04:07:03AM 5 points [-]

$2 a day is "extreme poverty".

The poverty line in 2013 for a single person (one-person household) living in the continental 48 states is $11,490 per year. (Source: http://www.familiesusa.org/resources/tools-for-advocates/guides/federal-poverty-guidelines.html)

For DanArmak's statement to be true (assuming he lives in the continental U.S.), he would have to be earning less than $47,960 per year. That's not even remotely unlikely. I earn less than that, for instance.

Comment author: [deleted] 15 May 2013 04:46:11PM 4 points [-]

The poverty line in 2013 for a single person (one-person household) living in the continental 48 states is $11,490 per year.

That's about the world GDP (PPP) per capita!

Comment author: RyanCarey 12 May 2013 03:46:46PM 4 points [-]

Relative poverty is not having enough money to maintain the standard of living that is customary in that society.

The absolute poverty line is found by finding the total cost of all the essential resources that an average human adult consumes in one year. Determined by the world bank. This is adjusted for purchasing power parity. In other words, it applies internationally. The absolute american poverty line is just the international absolute poverty. And there's no need for a relative poverty line, it's rather a nonsense concept.

Comment author: [deleted] 15 May 2013 04:57:15PM 0 points [-]

assuming he lives in the continental U.S.

According to his profile, he lives in Kfar Saba, Israel.