here's a link to the actual underlying census bureau report.
http://www.census.gov/content/dam/Census/library/publications/2014/demo/p60-251.pdf?eml=gd&utm_medium=email&utm_source=govdelivery
The definition of "poverty threshold" under this revised test is:
The mean of the 30th to 36th percentile of expenditures on
food, clothing, shelter, and utilities (FCSU) of consumer units
with exactly two children multiplied by 1.2
If I read this correctly, it says that you are below the poverty level when your income (which includes gov't benefits in this test) is less than what the 33rd percentile (roughly) of consumers spends on food, clothing, shelter, and utilities, times 1.2; adjusted for housing costs and family size and composition.
Does anyone else feel that this way of measuring is (a) somewhat arbitrary - why is it the 30-36th percentile and not the 15th or 40th? and (b) a target that is going to be impacted significantly by what non-poor people are spending? So, under this measure, no matter how objectively well off you are, if 75% of the population spends more than you make on food, clothing, shelter, and utilities, you're poor. Maybe it doesn't speak to how objectively well off the 35%er is, but is more about how consumerist a society he lives in?
Just spitballing on a Friday afternoon.