Saturday, August 22, 2020

A Critical Assessment of Canada’s Official Poverty Line

Recommendable! Not only Canada suffers from these controversial policies, other Western countries (e.g. Germany) make the same mistakes.

The concept of measuring poverty in a society is closely related to other concepts such as the popular unconditional, guaranteed universal basic income for everyone. 

Populist politicians would do everything to raise the poverty level or the basic income to buy votes and create dependency on government! However, who is paying for these lavish government handouts?

Big Government politicians favor these concepts too! Both give them ultimate control and power over who receives what! They will be seen and praised as benefactors!

There are many other ways the poor can be helped! Easing barriers to entry into the economy (e.g. business and professional licensure). Increasing competition to lower prices of goods and services, medical services and medications, housing and much more would also go long way to reduce poverty!

"The more important concern with the MBM as our official measure of poverty is conceptual. By choosing to define poverty as a condition in which a person is unable to acquire a living standard needed to integrate and participate in society, the government has rendered poverty unmeasurable."

A Critical Assessment of Canada’s Official Poverty Line | Fraser Institute

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