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The overhead margin of basic life costs are much higher when one is poor then one is wealthy. It's an even higher overhead when trying to access our ever shrink
by dv_dt 8y ago
The overhead margin of basic life costs are much higher when one is poor then one is wealthy. It's an even higher overhead when trying to access our ever shrinking safety net with its perverse incentives and a high time and hassle factor. Blaming the victim for being poor is both ridiculous and counterproductive. You should wonder instead why basic personal finance skills aren't on any National education curriculum if its such a basic needed skill. (and I agree it is!)
- pwg 8y agoAre you referring to the Boots Theory of Socioeconomic Unfairness: https://www.goodreads.com/quotes/72745-the-reason-that-the-rich-were-so-rich-vimes-reasoned https://www.goodreads.com/quotes/72745-the-reason-that-the-r...
- dv_dt 8y agoThat as well as the Welfare Trap https://en.wikipedia.org/wiki/Welfare_trap https://en.wikipedia.org/wiki/Welfare_trap