• 1 Post
  • 15 Comments
Joined 24 days ago
cake
Cake day: February 4th, 2025

help-circle
  • I’d change it to poor people don’t have disposable income and therefore can’t save money. If you’re poor, 100% of your income goes to just making it through another week.

    Understanding that simple fact reveals the flawed logic in so many conservative economic positions. If you give $100 to a billionaire, they’ll put it in their offshore tax haven, but if you give that same $100 to a poor person, they’ll spend it, so someone else can spend it, and that’s how you maintain an economy. I wouldn’t be surprised if this “50% of spending” figure has less to do with rich people spending more and more with poor people spending less as the screws get tighter, it’s not like the rich just suddenly decided they need more stuff.








  • I moved to the states in 2005. Got married, had kids, bought a house. Moved my family back to Australia in 2015. Had our difficulties since coming back here and often wondered if it was the right thing, but zero doubts since last November. Even my red blooded American wife says she’ll never set foot on US soil again and is going to apply for Australian citizenship.

    I feel bad for decent Americans and every day appreciate how lucky I am that myself and my teenage daughters aren’t stuck in that collapsing empire.