2 ms·
> annual household earnings decline by $4,230. Is this a huge effect? Yes. Median household income is something around $70K, and rural households are not makin
by pessimizer 2y ago
> annual household earnings decline by $4,230. Is this a huge effect?
Yes. Median household income is something around $70K, and rural households are not making anywhere near median household income. If we don't think it's a big effect, then we shouldn't mind sending them $4.5K checks every year to make up for it.
It's an effect large enough to drive 3/100 people affected into poverty.