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Posts: 256
A month ago
Early in the Obama administration, the Supplemental Poverty Measure (SPM) was released which significantly changed how poverty was measured by:

▸ Modernized the adjust of the old measure.

▸ Comparing various income groups to find average necessary income.

▸ Raising income relative to inflation.

▸ Using the behavior of consumers coupled with impact of taxes and noncash benefits.
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Social Welfare: A History of the American Response to Need


Edition: 9th
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Posts: 266
A month ago
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Using the behavior of consumers coupled with impact of taxes and noncash benefits.
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A month ago
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