Poverty rate drops for first time since 2006 (user search)
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  Poverty rate drops for first time since 2006 (search mode)
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Author Topic: Poverty rate drops for first time since 2006  (Read 6992 times)
🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
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Posts: 25,708
Nepal


Political Matrix
E: 1.29, S: -0.70

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« on: September 16, 2014, 04:20:00 PM »


Let's hope you are right, but this is just a half percent drop and it took three years since the official end of the recession for this to change direction.
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,708
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #1 on: September 16, 2014, 04:45:53 PM »

The added healthcare coverage of the program that shall not be named which got implemented in the year 2014 probably contributed a lot.

They don't have the 2014 figures estimated yet. This is 2013.
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,708
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #2 on: October 03, 2014, 08:08:07 PM »

Thank you, President Obama, and the senators who passed the stimulus.

All that stimulus money didn't stop the poverty rate from rising for 4 years, so why do you think this small dip is thanks to it?  Are they still dishing it out?
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🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,708
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW
« Reply #3 on: October 04, 2014, 05:54:06 PM »

Thank you, President Obama, and the senators who passed the stimulus.

All that stimulus money didn't stop the poverty rate from rising for 4 years, so why do you think this small dip is thanks to it?  Are they still dishing it out?

Fallacy. The stimulus prevented a steeper drop into recession and a slower climb out, which would have caused greater depths of poverty.

I recall we spoke a few days ago where you struggled with the idea of the multiplier effect, so I understand if you have issues with this.

Yeah, I'm not seeing how it makes sense to connect a single data point to a supposed cause based on a counterfactual.  A multiplier may just as easily be less than 1.
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