by Jim Rose in labour economics, politics - USA, poverty and inequality, welfare reform Tags: British economy, Canada, top 1%

Despite 30 years of the ravages of neoliberalism, Reagan, Thatcher, and Blair, the whole lot, poverty has not gone up or down much at all.

Figure 1: relative poverty rate (% of persons living with less than 50% of equivalised disposable income), USA, UK and Canada

Source: In It Together – Why Less Inequality Benefits All – © OECD 2015