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Yes and also keep in mind that low-income in US is high income in most of the world!
by cocoto 7mo ago
Yes and also keep in mind that low-income in US is high income in most of the world!
- doctorwho42 7mo agoI hate this point, so what? It's not like the lower class in "pick you region of interest" can take advantage of this localized price disparity. The poor person is poor based on their spending power with respect to the local economy and its pricing.
- creato 7mo agoUsing this example: a computer was an unlikely purchase for a lower-middle class person in the US, but it wasn't totally unattainable. Many people in the US probably did it, and some of them probably found some positive return on that investment. That's not true of many "objectively" poor people in the world, who even if they could buy the computer, they might not have had access to electricity to run it.
- NetMageSCW 7mo agoI’m not sure what your point is? Today, many (most?) of those “poor” people have smartphones which are more powerful than those computers were.