Re:Remote work can also be a source of socioeconomic inequality
by smabie on Tuesday May 12, 2020 @06:43PM
(#23160984)
> Guess what: if the world is going to improve for poor people then we rich people are going to have to forgo some luxuries; reagonomics/"rising tide raises all ships" doesn't work (how well are the poor people in SF doing?).
How does rich people forgoing luxuries help poor people? Moreover, the poor people in SF are doing a hell of a lot better than many parts of the world. I lived in Africa for two years and a minimum wage worker in the US would be considered almost unimaginably wealthy.
Poor is relative, and the working class in America would be doing great if not for the massive inflation in college, housing, and healthcare prices. And what do all three have in common? You guessed it, the government! It should be no surprise to anyone that the natural result of pumping absurd amounts of money into these sectors (student loans, government subsidized mortgages, medicare/medicaid) is inflated prices.
How does rich people forgoing luxuries help poor people? Moreover, the poor people in SF are doing a hell of a lot better than many parts of the world. I lived in Africa for two years and a minimum wage worker in the US would be considered almost unimaginably wealthy.
Poor is relative, and the working class in America would be doing great if not for the massive inflation in college, housing, and healthcare prices. And what do all three have in common? You guessed it, the government! It should be no surprise to anyone that the natural result of pumping absurd amounts of money into these sectors (student loans, government subsidized mortgages, medicare/medicaid) is inflated prices.