Poverty Not About Money, Explains Rich Man

The No Work Or Pensions Secretary, Iain Duncan Smith, wants Britain to understand that poverty is not a matter of merely being pitifully short of money, according to a speech he delivered in London today.

Very poor

“I think there is a real problem with the way we measure child poverty,” insisted Mr Duncan Smith, whose personal wealth is estimated to be around £1m. “The new Conservative definition of poverty includes a lack of education, of culture, of opportunity and most of all, a total lack of hope of escaping to a better life. The coalition government is working hard to deliver all of these. Then you’ll know what real poverty is.”

“Judged purely in material terms, I might be considered a very lucky man,” he went on movingly. “But I deserve your sympathy. I suffer from a terrible poverty of compassion.”