689
this post was submitted on 13 May 2025
689 points (98.9% liked)
News
29441 readers
3053 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
No shit….
"For the bottom 60% of U.S. households, a "minimal quality of life" is out of reach"
Is this for real? Sounds odd to me.
Your experience isn't everyone's experience. Where you are 60% probably looks different than innercity 60%.
Confirmation bias for you situation.
load more comments
(4 replies)
load more comments
(1 replies)
I have friends in their 30s who were surprised about maxing out their IRA because where are they going to get an extra $6k?
yeah that's a funny trick isn't it
America was a great experiment in maxing out capitalism and rugged individualism. Now all other countries know how it will end and to oust any politician even hinting at doing the same.
America and the UK, together they show the world what not to do. Conservatism and oligarchs are poisons that kill civilizations.
load more comments
(3 replies)
I like your optimism, but sadly I cannot share it..
That’s because we haven’t cut taxes for the rich quiiiite enough yet
Those trickle down economics, I'm still waiting on them since the fucker beat Decocus.
Trump is certainly trickling a golden shower upon humanity. The guy is an ass, and will tell us to thank him for the opportunity to eat the few rancid seeds found in his shit.
Of course, a true kingdom requires impoverished serfs. Welcome to techno-feudalism.
"The middle class has been declining — we just haven't recognized it fully," LISEP Chairman Gene Ludwig told CBS MoneyWatch. "It's really dangerous because it's the kind of thing that leads to social unrest, and it's not fair. The American dream is not that it's given to you — it's that if you work hard, you have a chance to get ahead and achieve the things in life that you want to achieve. It's not living in a tent, not having to steal."
The wealthy always forget this, because they're convinced they're a special unique snowflake and smarter than everyone else, instead of understanding they were just lucky.
Stock market gambling games and communism for the billionaires.
Social darwinist, survival of the fittest, ruthless exploitative capitalism for the poors.
I have been saying this for a while. It seems like a really bad idea to push the most armed populous on the planet to the breaking point. One day the shooting is going start and it isn't going to stop.
Currently it looks more like: a fascist government supported by the disenfranchised so they can look down on someone else. Doesn’t really matter who.
Theyve been getting away wiith it for so long i'm sure they don't think anything will ever happen
Yeah, but something something half a world away..
They can't afford bread?
Let them eat cake.
It is almost like we are being scammed.
It takes $44,737 for a one-person household to maintain a "minimal quality of life"?
Stagnation of wages and increasing prices are causing a crisis, no doubt, but is that really the number we're looking at for a minimum?
According to this, I've only ever personally known (at least well enough to know their income) two people affording a 'minimal quality of life'.
I didn't see that value in the article. Did I miss a reference?
Reverse inflation says that 1970 dollars that would be about $5400. Don't know how useful that is without knowing (remembering, which I don't) the cost of things then.
On another note, the current poverty line is $15k for a single person. I can't see how someone could afford a place to live and eat with that in most places. I guess if you share a place with a few other people.
I live under the poverty line. It's doable with a 'nonstandard' way of life (ie I don't own a car and work online), a low CoL area (though even here rent eats up most of my income), and government subsidies from living in a Blue State (thank you, Medicaid), but otherwise I'd be screwed.
It's also not great, in case that needs to be said.
Now imagine being in a red state. Add being a minority in the Deep South. Undocumented immigrant even. No public transportation. Food desserts. This is what hyper -individualism and entertainment culture did for us, on top of how bad it could be for then. Farther south, the worse it gets. That's why slaves feared being "sold down the river." Speaking of which check out the difference in prison/jail conditions and treatment the farther south. I won't speak on more right now except to add women not having bank accounts, charge cards, right to vote or divorce and the legality of beating them by the rule of thumb.
load more comments
(1 replies)
I've been underemployed with health problems, but hey, the government gives me $5 a day to cover my food costs.
The only reason I can even afford to be sick is because I have a partner, live half an hour by car from the grocery store and rent would be more than twice as much in the city. We pay a little more than a half of our combined income on rent.
Its fucked up, because I really need to go back to work, but Medicaid patients get sent to the end of the line. I woke up today shitting blood and puking, then check my phone and see a voicemail letting me know that my June 3rd appointment got resheduled to June 30th, and this is to discuss biopsy results from April.
Luigi did nothing wrong.
It's shocking, isn't it? And yet, consider how many people are living on a USD/day. In that context, I feel incredibly blessed.