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Part of me wants to accept this information, but I am worried that some kind of Freakonomics will come into play and we'll find that the reason why there appears to be less poor is because X is no longer being considered as Y.


I wonder - is the amount adjusted base on cost of living and inflation? IE if $2 a day now gets the poor the same as $1.50 in the 90s, they haven't really gained anything.


Yes, see this excellent reply by Lazare below: http://news.ycombinator.com/item?id=3756021 .




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