No, Polly Doesn\’t Do Irony

She says:

(Ironically a deep recession would improve relative poverty figures, though absolute poverty would rise.)

Indeed, that is true, but that simply shows the horrible flaw in the measure she continually uses herself: that relative poverty measure.

A booming economy might increase relative poverty but it also reduces absolute poverty. And that is what we all want, isn\’t it? That the poor become rich?

3 thoughts on “No, Polly Doesn\’t Do Irony”

  1. “And that is what we all want, isn’t it? That the poor become rich?” Of course not; THEY want the poor to remain clients of the Poverty Pimping Biz.

  2. dearieme is correct (as usual), as what Polly wants is for the poor to become richer and the rich to become poorer, with the mechanism and proportion decided by…guess who?

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