Monday, August 06, 2012

Are the "poor" really that poor?

Who do you think I will cite for this blogpost? SDA? FFF?



Graph: Number of US Households owning 2-4 t.v.'s
[S]ome 62% of households earning less than $20,000 annually owned between two and four televisions, according to the 2009 Residential Energy Consumption Survey, conducted by the U.S. Department of Energy. That compares to 68% of those earning $120,000 or more.


The average household defined as "poor" in 2005 had air conditioning, cable TV and a DVD player, according to government statistics cited by Robert Rector, a senior research fellow at the Heritage Foundation. If there were children in the home, the family likely had a game system, such as a Microsoft (MSFT, Fortune 500) Xbox or Sony (SNE) PlayStation.


"If you took the typical poor household and put them on TV, no one would think they are poor," he said. "They struggle to make ends meet, but they are not in any type of deprivation."