Econ%20104%20Syllabus--Pollin--Fall%20-page62

Econ%20104%20Syllabus--Pollin--Fall%20-page62 - Child care,...

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How Did They Get Those Figures? Spending on Food in 1963 “Economy Food Budget” Mul;ply Food Budget by Three Three = poverty line Problem with Official Poverty Line LowWincome people spend more on nonWfood necessi@es than 1963
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Unformatted text preview: Child care, health care Due to mothers entering the work force, rising health care Government recognizes problem of low poverty line in dening eligibility for programs such as food stamps, Medicaid. 12...
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