I wonder - is the amount adjusted base on cost of living and inflation? IE if $2... | Hacker News

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antihero on March 26, 2012 | parent | context | favorite | on: For the first time ever, the number of poor people...

I wonder - is the amount adjusted base on cost of living and inflation? IE if $2 a day now gets the poor the same as $1.50 in the 90s, they haven't really gained anything.

roel_v on March 26, 2012 [–]

Yes, see this excellent reply by Lazare below: http://news.ycombinator.com/item?id=3756021 .

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