Sunday, March 8, 2015

We will always have the poor

Eliminating poverty is a good thing. The World Bank says it can be done by 2030.

Congo refugee girl suffering Kwashiorkor. Wikimedia Commons
Can she? I thought I'd share this article for two reasons:

  • If the World Bank succeeds, it has solved a challenge that has not been breached for millennia.
  • It should have elevated itself to an Institution that can foretell and prophesy events.
A closer reading of the Economist.com's article shows that the WB has given itself a tough job, and a long fight.

Let's not eliminate poverty. The 3% estimate might be too high. Why not let it be, say, 5%, or 6% - just take away so many innocent persons from penury and want. Let them live above $1.5 per day for starters.

By 2030!

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