New poverty measure? Maybe laterAs a presidential candidate, Barack Obama endorsed the idea of updating the federal poverty measure, which just about everybody considers out of date and close to useless. Now that he’s the president and dealing with an economic meltdown, though, his White House team is a lot less enthusiastic about the idea.
In a Webcast interview with Spotlight on Poverty and Opportunity, Jared Bernstein, Vice President Joe Biden’s economic adviser, tried to play down expectations that Obama might push for a change this year. His basic message was, it’s a great idea, but we’ve really got a lot on our plate right now.
Read more at CQPolitics here. And see previous posts here, here and here.