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And unsafe avenues aren't an option for the majority of people in the US.
by chefandy 3y ago
And unsafe avenues aren't an option for the majority of people in the US.
- WalterBright 3y agoNot buying that. America is not a nation of poor people.
- daverol 3y agohttps://en.wikipedia.org/wiki/Poverty_in_the_United_States https://en.wikipedia.org/wiki/Poverty_in_the_United_States
- nickpp 3y agoMost of "poor people" in USA would be considered above average in other countries and continents.
- chefandy 3y agoSo they're financially secure enough for risky speculative investment?
- borski 3y agoContext matters. If they moved to those other countries and continents, which have lower costs of living, they’d be fine. But: moving costs money and time they don’t have (since they’ve gotta work 3 jobs to put food on the table), those other countries and continents have even less opportunity to build a business, and so on. It doesn’t really matter that you think “poor people” aren’t really that poor. They are, and risk is much harder to stomach when it means becoming actually homeless. Denying that is sticking your head in the sand.
- chefandy 3y agoWell, how about you actually look? https://www.cnbc.com/amp/2023/04/11/58percent-of-americans-are-living-paycheck-to-paycheck-cnbc-survey-reveals.html https://www.cnbc.com/amp/2023/04/11/58percent-of-americans-a... 60% of Americans live paycheck-to-paycheck.
- nickpp 3y agoLiving paycheck-to-paycheck is quite often a lifestyle choice showing more lack of planning and of financial skills than poverty.
- chefandy 3y agoFeel free to actually show some empirical evidence to support your assumptions.
- borski 3y agoSaid someone who has never grown up in poverty. rolls eyes Been in both situations; grew up impoverished, now doing well. Living paycheck to paycheck is never a lifestyle choice; there are choices that come out of that because even poor people don’t want to feel poor, but given the option, not a single one in most cases would prefer to be paycheck to paycheck.
- nickpp 3y agoI grew up under the utter misery of communism. Even my illiterate grandmother working the earth knew to always have a valuable or two put aside to bribe the party representatives in case one of us got sick or in trouble.
- chefandy 3y agoThat doesn't give you a useful perspective on the logistics of poverty in the US. This isn't some kind of qualification based on a misery meter.
- nickpp 3y agoI also lived in the US. My roommate with half my salary had a car twice as expensive as mine. He had house payments while I was renting. Restaurants and bar outings while I stayed home reading. No wonder he was always broke on salary day...