It's not a poverty problem it's a cost of living problem. Those are two very different things (and becomes more and more severe the poorer you are)
You can't outsource your home to China.
Globalization does not make every day cheaper it just provides more choices and will in aggregate always increase the cost of living.
So as long as your job/income is on the right side of the rise of the cost of living you are fine but if you are on the other side with either no job or poorly paid job or as a freelancer (with no healthcare) then you are in trouble no matter how cheap flatscreen TV become.
There is a big difference between just saying deep poverty and then qualifying what leads to this deep poverty.
Just saying poverty is the cop out here trying to qualify what drives this problem offers at least a way to look at the problem that doesn't end in tax the rich as that will not solve the deep poverty problem.
Meanwhile, in the real world, it is the demand of Capital to grow at %6 a year regardless of the health of the overall economy that is fueling the attacks on the social safety net.
That demand is by design and is the price of a stable economy and is followed by more or less every country in the developed world.
Even in countries like Denmark (which is where I am originally from) and who have high taxes and a high degree of redistribution of wealth, you will find people who are poor and homeless.
Add to that the discussion about relative poverty and you will have a problem that can never be solved unless you give everyone one exactly the same.
You can't outsource your home to China.
Globalization does not make every day cheaper it just provides more choices and will in aggregate always increase the cost of living.
So as long as your job/income is on the right side of the rise of the cost of living you are fine but if you are on the other side with either no job or poorly paid job or as a freelancer (with no healthcare) then you are in trouble no matter how cheap flatscreen TV become.