Monday, October 7, 2013

California poverty even worse under new measurement

I've read other articles on this.  The thing is, you don't have to tell the poor how bad it is. THEY ARE LEAVING.  All that will be left are the really destitute who can't rent a U-Haul to escape the grinding poverty in that state.

But you know what the CA government solution to the plight will be? Raise taxes and spend more money.  Oh, and enact more regulations.

Poverty in California is serious, pervasive, and far higher than the official numbers have led us to believe. That's the outcome of a new study from the Stanford Center on Poverty and Inequality, using a new measuring methodology developed by the nonprofit Public Policy Institute of California. Unlike the official poverty rate, the methodology (called the California Poverty Measure) weighs local differences in cost of living and also usage of safety net benefits.

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