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wasoxygen  ·  3045 days ago  ·  link  ·    ·  parent  ·  post: Mexico cuts poverty at a stroke – by changing the way it measures earnings

    public discontent over stagnant wages and rising prices remains widespread

This is true, despite data showing improvement in nearly every sector. Wages are not stagnant, they are rising, long-term. Prices are not rising, they are falling, long-term.

If the poverty measures were not regularly updated they would become obsolete because almost no one would be poor by sufficiently antiquated standards.