This website is a member of Liberty Alliance, which has been named as an company.

Are you poor if you have a flat-screen TV?

Wednesday, August 8, 2012

Print Friendly and PDF
flat screen tv

Can you really be poor if you own a flat-screen TV … or two? Depends on whom you ask.

With income inequality at the center of the national political debate this year, it should be no surprise that conservatives and liberals are coming down on opposite sides of the tracks.

Conservatives point to spending patterns, saying consumption is a better indicator of living standards than income. Using that metric, the nation’s poor are living better than they have been in decades, enjoying many of the amenities that the middle class have.

Post Continues on money.cnn.com

Print Friendly and PDF
Posting Policy
We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse. Read more.