Includes bibliographical references (pages 127-165) and index.
What is the official poverty rate, and what does it actually measure? -- Poverty trends in modern America, according to the official poverty rate -- The official poverty rate versus other statistical indicators bearing on material deprivation in America -- Systematic differences between income and expenditures among poorer households in modern America -- Accounting for the widening reported gap between income and consumption for lower-income Americans -- Trends in living standards for low-income Americans -- Conclusion : wanted -- new poverty measure(s) for modern America.
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Eberstadt argues that the official poverty rate is incapable of accurately representing long-term trends for material want in modern America, and that standards of living for the official poverty population are far higher today than they were in 1964 or 1965, at the start of the War on Poverty.