{"id":18959,"date":"2014-05-02T12:46:20","date_gmt":"2014-05-02T17:46:20","guid":{"rendered":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/%year%\/%monthnum%\/%day%\/chart-of-the-week-how-americas-poor-can-still-be-rich-in-stuff\/"},"modified":"2024-04-14T03:44:07","modified_gmt":"2024-04-14T08:44:07","slug":"chart-of-the-week-how-americas-poor-can-still-be-rich-in-stuff","status":"publish","type":"short-read","link":"https:\/\/alpha.pewresearch.org\/pewresearch-org\/short-reads\/2014\/05\/02\/chart-of-the-week-how-americas-poor-can-still-be-rich-in-stuff\/","title":{"rendered":"Chart of the Week: How America\u2019s poor can still be rich in stuff"},"content":{"rendered":"<figure class=\"wp-block-image aligncenter\"><a href=\"https:\/\/assets.pewresearch.org\/wp-content\/uploads\/sites\/12\/2014\/05\/poorcosts.png\"><img data-dominant-color=\"f7f5f5\" data-has-transparency=\"false\" style=\"--dominant-color: #f7f5f5;\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"969\"  srcset=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2014\/05\/poorcosts.png?resize=480,727 480w, https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2014\/05\/poorcosts.png?resize=640,969 640w\" sizes=\"(max-width: 480px) 480px, (max-width: 782px) 782px, 640px\" class=\"wp-image-29485 not-transparent\" src=\"https:\/\/alpha.pewresearch.org\/pewresearch-org\/wp-content\/uploads\/sites\/20\/2014\/05\/poorcosts.png\" alt=\"chart of 30-year price changes for various goods and services\" ><\/a><\/figure>\n\n<p class=\"wp-block-paragraph\">In 21st-century America, it&#8217;s entirely possible for poor people to have much of the same material comforts &#8212; cars, TVs, computers, smartphones &#8212; as more affluent people, yet be trapped in low-paying\u00a0jobs with little prospect of improvement.<\/p>\n\n<p class=\"wp-block-paragraph\">That&#8217;s the takeaway from this eye-opening chart, produced by The New York Times. As it and the <a href=\"http:\/\/www.nytimes.com\/2014\/05\/01\/business\/economy\/changed-life-of-the-poor-squeak-by-and-buy-a-lot.html?ref=us\" target=\"_blank\" rel=\"noopener noreferrer\">accompanying story<\/a>\u00a0make clear, prices for a wide range of manufactured goods have plummeted in recent years, making yesterday&#8217;s luxuries widely\u00a0affordable\u00a0despite stagnating wages for most workers. (Though the chart only covers 2005-2014, the larger trend extends back to at least the 1980s.) As the Times put it, &#8220;the differences in what poor and middle-class families consume on a day-to-day basis are much smaller than the differences in what they earn.&#8221;<\/p>\n\n<p class=\"wp-block-paragraph\">The differences, though, show up in services &#8212; particularly the sort of services (education, health care, child care) that enable people to find and keep better-paying jobs and, over time, move themselves and their families up the socioeconomic ladder.<\/p>\n\n<p class=\"wp-block-paragraph\">&#8220;Without a doubt, the poor are far better off than they were at the dawn of the War on Poverty,&#8221; James Ziliak, director of the University of Kentucky\u2019s Center for Poverty Research, said in the Times story. But relative to middle- and upper-income Americans, he added, &#8220;they have also drifted further away.&#8221;<\/p>","protected":false},"excerpt":{"rendered":"<p>While most manufactured goods are considerably cheaper than they were three decades ago, many key services are much more expensive &#8212; contributing to the paradox of greater material abundance among even poor Americans.<\/p>\n","protected":false},"author":145,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"sub_headline":null,"sub_title":"","_prc_public_revisions":[],"_ppp_expiration_hours":0,"_ppp_enabled":false,"ai_generated_summary":"","apple_news_api_created_at":"","apple_news_api_id":"","apple_news_api_modified_at":"","apple_news_api_revision":"","apple_news_api_share_url":"","apple_news_cover_media_provider":"image","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_cover_video_id":0,"apple_news_cover_video_url":"","apple_news_cover_embedwebvideo_url":"","apple_news_is_hidden":false,"apple_news_is_paid":"","apple_news_is_preview":false,"apple_news_is_sponsored":"","apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"apple_news_api_pending":"1713064174","relatedPosts":[],"datacite_doi":"","datacite_doi_citation":"","_prc_seo_qr_attachment_id":0,"spoken_article_player_enabled":true,"displayBylines":true,"footnotes":"","prc_watchers":[],"_prc_fork_parent":0,"_prc_fork_status":"","_prc_active_fork":0},"categories":[239],"bylines":[842],"collection":[],"datasets":[],"_post_visibility":[],"formats":[467],"_fund_pool":[],"languages":[],"regions-countries":[515],"research-teams":[],"workflow-status":[],"class_list":["post-18959","short-read","type-short-read","status-publish","hentry","category-economic-inequality","bylines-drew-desilver","formats-short-read","regions-countries-united-states"],"label":"Short 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