January 21st, 2013 at 3:49PM

America is the richest nation in the world. Our GDP was $15.09 trillion in 2012. That is enough money to eliminate extreme poverty worldwide 276 times over. Yet 146 million American’s (half of our population) live in poverty or are ‘near poor’.

#1, I don’t you understand how GDP works and what it actually measures. 

#2, American “poverty”. The poorest American lives like a king in comparison to a significant portion of the world.

#3, You’re assuming that simply taking money from people and giving it to others is a way to eliminate “poverty”. 

Some of you guys should just stay away (very, very far away) from economics. 

(via anarcho-queer)

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    Broken system… reboot needed!
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    These people don’t seem to realize that you can’t just spread money over everything like cream cheese and expect it to...
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    I hate generalizations like this. How many decades have we been throwing money at the War on Poverty to no avail? It’s...
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    measuring by gdp is stupid because national debt exists wow also relative gain *cough china* …. stop painting this...
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374 notes Source: anarcho-queer #Poverty#Capitalism#Extreme Poverty#America#Income Inequality#Wealth Inequality
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