Western Poverty 21st Century Style

“Today,” Matt Ridley writes in his book The Rational Optimist, “of Americans officially designated as ‘poor,’ 99 per cent have electricity, running water, flush toilets, and a refrigerator; 95 per cent have a television, 88 per cent a telephone, 71 per cent a car and 70 percent air conditioning. Cornelius Vanderbilt [ 19th century American tycoon, businessman, and philanthropist who built his wealth in railroads and shipping] had none of these.” ~ Maudlin Economics

Just sayin’.