An horrific statistics from the United States:
The current poverty line is drawn at annual incomes equal to or less than $12,490 for an individual and $25,750 for a family of four, regardless of where someone lives. By this standard, 38.1 million people are living in poverty with an additional 93 million more “living close to poverty,” according to the most recent Census Bureau data from 2018.
That’s, ish-ish, half the entire population in or near to poverty!
As it happens the US poverty line is around 25% of median income. The definition of “near to poverty” being used here is up to 200% of the poverty line. Which will, as the mathematically inclined will note, mean – ish-ish again – all those on up to 100% of median income, or about half the population.
Remarkable how that works really, some half of the population is on less than median income….