Sure. That’s the theory. Then I read the book Evicted and I understood. One of the people gets a small windfall. Enough to stop the treadmill. What she does is buy something nice for herself because she “deserves a treat”.
Also the sums of money here are humongous. Someone is net -$40k? They need $40k more per year to not be poor? That is the British median income. So this shortfall in money a person needs to be not poor in the US is what half of the people in the UK live under, total.
Heck even in Germany that’s the 40th percentile or so.
This shows how poor Europeans are compared to Americans. Some half of them are in this comparative state of misery.
Even the US median household income is "only" $83k. Looking at stuff like this + the rest of the blog I'm not convinced the author is any less out of touch than the people this post is criticizing.
Also the sums of money here are humongous. Someone is net -$40k? They need $40k more per year to not be poor? That is the British median income. So this shortfall in money a person needs to be not poor in the US is what half of the people in the UK live under, total.
Heck even in Germany that’s the 40th percentile or so.
This shows how poor Europeans are compared to Americans. Some half of them are in this comparative state of misery.