Re:Just Be Rich
by michaelmrose on Tuesday April 13, 2021 @06:43AM
(#26790463)
In the small city where I live a 2 BR apartment will run you at least 1200 and they wont rent to you unless you take home about 2.5x that.
After taxes someone or 2 someone's making 26,200 would be taking home 835 every 2 weeks. Realistically speaking even if anyone would rent to you, which they wont, you couldn't afford to pay rent, keep the lights on, and eat.
You are right of course if they could figure out a way to make french fries at McDonalds remotely while living in some poorer part of the world they would totally have substantial buying power.
What you mean is called absolute poverty in the social sciences. What most other people talk about is called relative poverty. Almost all OECD countries measure relative poverty as a share of median income.
Re:Just Be Rich
by michaelmrose on Tuesday April 13, 2021 @06:45AM
(#26790477)
Hell if you like to sleep indoors in the urban areas where 80% of the US population lives and most of the jobs are 26k with a family of 4 is pretty close to absolute poverty too.
Germany is one of the top world powers. For the purpose of this discussion the US and Germany are equals. I was thinking more of Ghana, Argentina, South Sudan, Kazakhstan, etc. you know, the other 95% of the word.
This is so out of touch I barely have the will to argue :/