November 21, 2011

THE POVERTY OF “NEAR POVERTY:” Mickey Kaus not buying latest on “near poor” Americans. “So the NYT piece notes, in its lede graf, that within this ‘near poor’ category ‘many own homes.’ Some 20 percent of the ‘near poor,’ it turns out, own their homes mortgage-free. One reason they don’t earn much income may be because they don’t need it to pay the rent!”