According to the World Bank, 80% of the world’s population live on less than $10 a day ($280 a month) and 50% less than $2.50 a day ($70 a month).
And according to UNICEF, 25,000 children die each day due to poverty. Thats 9.13 million per year, 2 times the size of Singapore.
I think the figures speak for themselves.
*Please note that the figures are based on Purchasing Power Parity. That is, the notion that a dollar should buy the same amount in all countries. Hence if a poor person in a poor country living on a dollar a day moved to the U.S. with no changes to their income, they would still be living on a dollar a day.
Figures Courtesy of www.globalissues.org

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