• @[email protected]
    link
    fedilink
    126 days ago

    “For the bottom 60% of U.S. households, a “minimal quality of life” is out of reach”

    Is this for real? Sounds odd to me.

    • @[email protected]
      link
      fedilink
      English
      186 days ago

      Your experience isn’t everyone’s experience. Where you are 60% probably looks different than innercity 60%.

      Confirmation bias for you situation.

      • @[email protected]
        link
        fedilink
        14 days ago

        That is why I asked.

        But still, they write “out of reach” so I it means 60% of people are well beneath minimal life qualitiy. I wonder what minimal life quality actually means tough.

        • @[email protected]
          link
          fedilink
          English
          23 days ago

          The linked report is super clear https://lisep.org/mql

          They split up the necessities of life into 8 buckets, then calculated how much money you need to spend on them per year.

          But the actual meat of the report is geared toward the moving trend for items,

          poingint out that food, rent, choldcare and medical are becoming more expensive at a rate that’s quickly surpassing wages.

      • @[email protected]
        link
        fedilink
        65 days ago

        Or rural experience. Wages are still shit but ever since covid rural housing and food costs have gone through the roof.

        • Gormadt
          link
          fedilink
          35 days ago

          And so many rural Americans being in food desserts doesn’t help at all.

          Gotta drive 30+ minutes to the store just to buy some over priced trash food. Gotta keep insurance on the crappy car you struggle to maintain, gotta keep gas in the tank, etc. It’s a snow ball that once it starts rolling it just keeps going downhill faster and faster.