Re:40% of Americans can't cover a $400 emergency expense
by ridgeguy on Tuesday May 22, 2018 @08:48PM
(#17130690)
I find your absolutist view remarkably blinkered, indeed unrealistic in the fundamental sense of the word.
I wonder if you suddenly incurred uninsured medical expenses of oh, let's say, 20X your net worth or annual income, whether you might see things differently.
A family of four on a $50K annual income would find a sudden $1000K obligation utterly devastating.
That's life for (IMHO) too many of us. On average, it has far more to do with luck than your proffered causal moral failure. I think we can do better.
I wonder if you suddenly incurred uninsured medical expenses of oh, let's say, 20X your net worth or annual income, whether you might see things differently.
A family of four on a $50K annual income would find a sudden $1000K obligation utterly devastating.
That's life for (IMHO) too many of us. On average, it has far more to do with luck than your proffered causal moral failure. I think we can do better.