An economy that celebrates skim, scam and fraud will do that.
{{ This week, while trying to understand why the American middle class feels poorer each year despite healthy GDP growth and low unemployment, I came across a sentence buried in a research paper:
“The U.S. poverty line is calculated as three times the cost of a minimum food diet in 1963, adjusted for inflation.”
I read it again. Three times the minimum food budget. }}
So 3 times the minimum food budget is supposed to buy a family of four housing, health care, childcare, transportation, etc.?
intercst