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According to very quick Web searches, $1000 is about 80% of the median personal income in the usa. I calculated the same rate for India and it comes to ₹2751 pe
by dingo_bat 10y ago
According to very quick Web searches, $1000 is about 80% of the median personal income in the usa. I calculated the same rate for India and it comes to ₹2751 per month based on a median income of $616 per annum.
If I were to get ₹2751 extra every month, it wouldn't make a difference for me at all. In fact, my monthly expenses are 10x this amount and I'm only spending less than 50% of my income.
So this measure surely isn't meant to have any effect on people like me. I would imagine it's a similar calculation for most people on this website. For this reason alone, we are very badly positioned to react in an emotional manner. The only decisions that should be taken should be taken on the basis of trials and hard statistics. Otherwise the "free money for slackers" sentiment is too strong when it may not be the truth.