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This is one of the reasons that public libraries are so important. It's still true that textbooks are a good investment even for the very poor - $100 is less th
by davmre 11y ago
This is one of the reasons that public libraries are so important. It's still true that textbooks are a good investment even for the very poor - $100 is less than 15 hours at minimum wage, and you'll learn more from 35 hours of studying a good textbook than 50 hours of studying a bad one. But part of the crushing burden of poverty is that it prevents you from making good investments. It doesn't matter how much time that $100 investment will save in the future if there's just no way you can spare the money now. So we as a society should be doing whatever we can to give people access to these resources.
- dionidium 11y agopart of the crushing burden of poverty is that it prevents you from making good investments Exactly. A car might be a better use of your time than three buses. Too bad. You can only afford the buses. Some strong work boots would be a better investment than these cheap knock-offs. Too bad. I only have enough money for the knock-offs. Paying my parking tickets would be a lot smarter than ending up in court. Too. Bad. I don't have $30 to pay them. An underestimated aspect of this is the fuck it factor. So maybe I get the $30 to pay the tickets? So what? It's just going to be something else tomorrow. So, fuck it; I'm having a beer.
- e12e 11y agoAs I understand it, the minimum effective (federal) tax rate is 10%, so it'd be less than 16 hours - not 15?