WARREN MEYER: Inequality Metrics Exclude Effects of Government Actions to Reduce Inequality.

Earlier: It Is Not True That 15% Of Americans Live In Poverty. “The 15% number is not the number living in poverty. It is the number who would be living in poverty if it weren’t for all the money n’stuff we give to the poor. For when we calculate the poverty number we ignore almost all of what is done to alleviate poverty. We leave out all four of the largest anti-poverty programs in fact. . . . We could double the amount of money we spend to alleviate poverty and the number under the poverty line wouldn’t change by one single digit.”