Research Director Michael Sanera scored his first media hit with a letter to the editor in Monday’s Raleigh News & Observer. Sanera responded to a recent proposal by a professor who recommended the federal poverty level be redefined as households with income below 50 percent of the household median—a formula Sanera called “nonsense.” Sanera then illustrated the ramifications of using that formula based on varying levels of prosperity and median income. He concluded with this thought: “What is important is not how to define poverty, but what creates wealth: the rule of law, private property and a market economy.”
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