The Obama administration has decided that it wants to create a new way to measure poverty. The new Obama system would essentially be the same in that a family would be considered "poor" if its income drops below a certain threshold. But the difference in Obama's new system would be the addition of a "built-in escalator clause." This is described as measuring poverty income threshold in direct proportion to any rise in living standards for average Americans.

As Robert Rector points out, this means that under Obama's new measurement ... "poverty can be reduced only if the incomes of the 'poor' are rising faster than the incomes of everyone else." Here's another interesting result of Obama's new poverty measurement. Countries like Bangladesh and Albania will actually have lower poverty rates than the United States. Haiti will probably have the lowest poverty rate!

Here's something I've been saying for decades on the air ... something nobody has ever been able to refute, though many have tried. Listen up:

You could have:

1. $15,000,000 in a checking account
2. A paid-for $5,000,000 home
3. Eight exotic automobiles valued at $250,000 each
4. A 32-oz Aquafina bottle full to the top of diamonds
5. A different $500,000 watch for every day of the year
6. $16,000,000 in cash stashed in a colostomy bag hanging on your belt
7. A Gulfstream G-650 fueled and ready at KATL to take you anywhere in the world you might want to go to get away from Barack Obama
8. A bag of chips

You could have all that ... and the Imperial Federal Government could KNOW that you have all that ... and you could STILL be classified by the Feds as "living in poverty."