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Tuesday, September 16, 2008

Poverty Ain't What it Used to Be

From the Surviving America blog:

The Economist relates a World Bank study that claims that $1.00/day is not a good benchmark for extreme poverty. After extensive research on cost of living in various countries, they've reset the mark at $1.25/day.

By this new standard, the number of people in the world who suffer Extreme Poverty is 1,400,000,000. That's 1.4 billion people - 400,000,000 more than previously estimated.

So, the number of people in the world who are extremely poor is four times bigger than the entire population of America.

Just thought you all should know.

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