5 ms·
Why only poor though? There's plenty of middle class people living above their means by abusing credit too. They can deal with the consequences better, but it's
by poincaredisk 1y ago
Why only poor though? There's plenty of middle class people living above their means by abusing credit too. They can deal with the consequences better, but it's equally financially harmful for them
- thanksgiving 1y agoThere is really no such thing as a middle class though. We are all n missed paychecks away from being unhoused.
- adrianN 1y agoThe value of n is pretty important in the discussion.
- tomjen3 1y agoNo. If we end up missing one or more paycheques we will look for another job. If we do lose our home we will be ideal renters. Not that that will happen because we will find another job before this.
- dani__german 1y agomiddle class has shrunk only because the upper class has expanded. Every American citizen living with property taxes is n missed payments from homelessness. unhoused is a misnomer, especially in this context of losing your home.
- SirMaster 1y agoWhat if you have passive income though? Like my passive income from the rental properties that I party own/invest in more than cover my own rent (or mortgage) and food costs.
- SirMaster 1y ago>We are all n missed paychecks away from being unhoused. So If I am years of missed paychecks away from being unhoused and unfed, what does that make me?
- ElevenLathe 1y agoSomeone for whom n is relatively large?
- ChadNauseam 1y agoCertainly, but there's less motivation to protect the middle class from poor financial decisions because it can be assumed that they have some financial leeway already and aren't going to be put on the street by one too many doordash orders. So they don't really factor into the discussion much