Some experts argue the cost-of-living crisis and inflation is actually hitting those on low incomes harder than those on higher incomes.
I’m sorry, but what university degree do you need to be a bloody expert on this?! Like yeah no shit the crisis where the cost of everything has been skyrocketing, is affecting poor people the most.
Seriously. The marginal utility of money is one of the things people should learn from Econ 101.
And when most of that money gets spent, wealthy businesses get it anyway. Taking some of their money and giving it to poor people would make them even richer.
I’m sorry, but what university degree do you need to be a bloody expert on this?! Like yeah no shit the crisis where the cost of everything has been skyrocketing, is affecting poor people the most.
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Aye. I seem to remember that being called the ‘Vimes Boots’ poverty index. Not just in the Pratchett-verse but for real
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Yep. Some of this is America specific but https://www.cracked.com/blog/why-we-cant-stop-hating-poor
I watched all the news articles come out shocked at people society considered ‘deserving’ now accessing food banks and it was telling
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I’m hoping to anger other people enough to push back against this, because I’m too exhausted and disabled to do much activism myself anymore
Unfortunately I’m in the same boat when it comes to being too exhausted and disabled as well.
Seriously. The marginal utility of money is one of the things people should learn from Econ 101.
And when most of that money gets spent, wealthy businesses get it anyway. Taking some of their money and giving it to poor people would make them even richer.