https://nitter.net/TheEconomist/status/1690713079405768704

  • GaveUp [love/loves]
    ·
    1 year ago

    but the poverty line in China is much less livable than the poverty line in America

    The poverty lines are calculated using the same formulas to determine livability for each country. Everybody should theoretically have a somewhat similar standard of living at the poverty line across countries

    The poverty line for USA is a 14500 salary. 80% of Americans live in a city. How many cities in USA exist where you can live well on a 14500 salary? Not to mention a single healthcare incident will instantly wipe out whatever scraps you can save off a 14500 salary

    People who make 2.3USD a day in China live in a place where it is possible to live on that cheap salary

    Not to mention similar homelessness rates to America

    Can you link a source? The most recent data I found dates back to 2011

    • Bernie2028@midwest.social
      ·
      1 year ago

      https://data.oecd.org/conversion/purchasing-power-parities-ppp.htm

      Purchasing power parity of China is 4.022. So let's look at the overall poverty line of $2.30 in China. That would be equalivent to $9.25 a day in America, or $3,376 a year.

      China makes their poverty rates appear so low by making their poverty line absolutely ridiculous and actually much lower than comparable countries.

      Of course I couldn't any PPP rates for just rural China (although it's pretty obvious $3,376 isn't going to suddenly becoming $30,000 because it's rural), but see this:

      Our results indicate that the mean subjective poverty line of the rural households is 8297 yuan per capita, which is far higher than the national poverty line (2800 yuan). Statistically, 29% of the surveyed rural households who are not objectively poor feel subjectively poor.

      • GaveUp [love/loves]
        ·
        1 year ago

        29% of people who are not objectively poor feel subjectively poor?

        I said that amount is livable in China. That study is about people's feelings. Hardly related

        Not to mention I work in Silicon Valley as a software engineer and it's literally common for people here to be making 200-400k to complain about being poor and not saving much all the time

        How many people living in the Midwest or the south on a 20k salary do you think would feel subjectively poor?

        • Bernie2028@midwest.social
          ·
          1 year ago

          Conveniently ignoring the fact a $3.3k salary isn't livable anywhere in America.

          Spoiled middle class westerners complaining about being poor is totally different LMAO. Americans will complain about being poor when living in a decent house in suburb, being poor is seen totally different in 2nd and 3rd world countries that are, yknow, struggling much moreso.

          • GaveUp [love/loves]
            ·
            edit-2
            1 year ago

            Conveniently ignoring the fact a $3.3k salary isn't livable anywhere in America.

            Well that's why the American poverty line has been calculated to be 14500

            14500 is the poverty line in America and 845 is the poverty line in China

            PPP isn't a perfect comparison between every single combination of all 200 countries in the entire world

            But the poverty line is specifically calculated for every single country