Poverty charges interest - eviltoast
  • solstice@lemmy.world
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    1 year ago

    Worse than the direct cost is opportunity cost. Wealthy have money to invest and over time it snowballs. An eventful day in the market can swing their net worth more than the average person will earn in a year or maybe even a lifetime.

    Think about what that means for an economy too. It means tons of folks are trapped in poverty cycles instead of innovating, starting businesses, or going to school and getting training etc. Because these things are all risky and require investment, which they can’t do.

    • demlet@lemmy.world
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      1 year ago

      It tends to lead to societal collapse eventually, but at least a tiny percentage of people are having a good time right now!

  • theangryseal@lemmy.world
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    1 year ago

    Man.

    I’ve always taken care of my teeth.

    I’m getting older and they’re falling apart. I can’t afford to get them “fixed” but hey, “we’ll yank ‘em out fer ya.”

    K…

    Thanks.

    • Schwim Dandy@lemmy.world
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      1 year ago

      Coincidentally accurate comment for me. Just had a tooth that I had grown very fond over the years removed and left vacant because of the cost associated with replacing it rivaling that of cars I’ve bought in the past. As the teeth shift and get loose because of the missing soldier, I’ll just have to allow them to fall out or have them pulled until I can have dentures made up.

      I have dental insurance, it’s just none of that necessary tooth replacement if you want to keep the rest of your teeth stuff is covered.

      • Ubermeisters@lemmy.zip
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        1 year ago

        Same boat here. I’m down 2 teeth already thanks to this bullshit medical system. 2 teeth I absolutely did not need to lose completely. Thanks guys. Also thanks Navy for pulling those wisdom teeth that didn’t need to go, I really could have used them now.

        • Schwim Dandy@lemmy.world
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          1 year ago

          Same for me. MC pulled my wisdoms literally while I was at Mt. Fuji. They just decided the entire platoon needed them gone. It didn’t matter if yours were problematic(like leaning or sideways). If you had them, they took them.

          • Ubermeisters@lemmy.zip
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            1 year ago

            Yeah they wouldnt listen to me wouldnt do x-rays, nothing. “Winsdom teeth bad, must go”. Meanwhile I was very aware of the fact that I have sufficient jaw space for wisdom teeth. My dentist was really happy that I didn’t have to get them removed… fucking navy dental is so bad.

    • clb92@feddit.dk
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      1 year ago

      I came to the comments section just to see if anyone had posted Captain Samuel Vimes ‘Boots’ theory of socioeconomic unfairness.

  • kadu@lemmy.world
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    1 year ago

    Paying for healthcare is already bizarre as is. I still do not comprehend how Americans do not immediately revolt over this. Why exactly are you paying taxes for? If everything is privatized and costly… what’s the explanation given for your taxes? I’m not being ironic, I truly do not understand.

    • iesou@lemm.ee
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      1 year ago

      There are people who are convinced that the reason our healthcare is so expensive is because we “subsidize healthcare for the rest of the world.” They live in this version of reality where exorbitant salaries of CEOs and dividends in the healthcare and drug industries are somehow not the cause of insulin creeping past $100/vial

    • BarterClub@sh.itjust.worksOPM
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      1 year ago

      Because us Americans have been taught that this is how it is. And unfortunately only one side wants to change this.

      Never fun thing when I have to leave a job and I lose my health insurance for the reason I’ve just losing a job. Or I can pay full amount for the insurance after I leave like $800 a month for one person.

        • chuckleslord@lemmy.world
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          1 year ago

          One side is… more friendly to the idea of public services. I know what you’re saying, but while the liberals and the fascists might be buddies, only one wants people to directly die.

          • FlashMobOfOne@lemmy.world
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            1 year ago

            One side is… more friendly to the idea of public services

            Correction: One side SAYS they’re more friendly to the idea of public servies.

            Those words are worthless because they don’t do anything meaningful with their power to make said services a reality.

    • CrazyEddie041@kbin.social
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      1 year ago

      The real answer is that Americans conservatives genuinely hate the poor, and will happily double their own healthcare costs if it means denying poor people access to care. They will fight tooth and nail to preserve the system that rich white Americans can afford, but poor black people can’t.

      • FlashMobOfOne@lemmy.world
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        1 year ago

        It is important to view American politics through a prism of cruelty.

        98% of our people are love the status quo as long as it punishes the right people.

    • demlet@lemmy.world
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      1 year ago

      Turns out humans are kind of awful. If you under-educate them enough and then feed them propaganda they’ll believe almost anything. Also they’re really resistant to change. Not a great combination of factors. You might have noticed their adverse effect on the climate lately…

    • FlashMobOfOne@lemmy.world
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      1 year ago

      For our taxes we get war in nine countries at the same time.

      And not only that, our government has managed to spend more than 100 billion on another country’s war too.

      98% of the voting public in America thinks you’re not entitled to anything you can’t put cash down for. It’s insane, but that’s how we vote every two years.

  • Telodzrum@lemmy.world
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    1 year ago

    “The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. He earned thirty-eight dollars a month plus allowances. A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. Those were the kind of boots Vimes always bought, and wore until the soles were so thin that he could tell where he was in Ankh-Morpork on a foggy night by the feel of the cobbles. But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that’d still be keeping his feet dry in ten years’ time, while the poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet. This was the Captain Samuel Vimes ‘Boots’ theory of socioeconomic unfairness.”

    - Terry Pratchett, Men at Arms: The Play

    • Infynis@midwest.social
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      1 year ago

      Don’t worry, when they become major repairs that you still can’t afford, you’ll start getting fines that you can’t afford! And then your house will eventually be foreclosed on, and bought for pennies that you can’t afford. And then you won’t have to worry about it anymore!

  • Flying Squid@lemmy.world
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    1 year ago

    If you have cancer and can’t afford the treatment, you should just pull yourself up by your bootstraps and take care of that tumor yourself at home. Maybe start a small tumor removal business.

  • FlashMobOfOne@lemmy.world
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    1 year ago

    Hence why the minimum wage has been stuck at $7 in the US for fifteen years, no matter who we elect.

    People like getting wealthier, and that includes our multi-millionaire Congress and president.

    • partial_accumen@lemmy.world
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      1 year ago

      Hence why the minimum wage has been stuck at $7 in the US for fifteen years, no matter who we elect.

      There are 30 states + DC that have minimum wage higher than the $7.25/hour of the Federal Minimum wage. Cities can also have a higher minimum wage than the state, so that would be possibly hundreds of cites/towns with higher than Federal Minimum wage. So I guess it does matter who you elect. Pay attention to the down ballot. Its not all Washington DC’s job. Fix your locality. Fix your State.

      • FlashMobOfOne@lemmy.world
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        1 year ago

        Pay attention to the down ballot. Its not all Washington DC’s job.

        So, by your logic, there are 20 states where people can legally paid less than the cost of a cup of coffee for an hour of labor. That’s a dereliction of duty no matter how you try to rationalize it.

        Or maybe, in the next election, start off all of your Pro-Democrat posts with an honest disclaimer: “Vote Democrat - They’re Not Going To Do Anything.”

        • partial_accumen@lemmy.world
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          1 year ago

          So, by your logic, there are 20 states where people can legally paid less than the cost of a cup of coffee for an hour of labor. That’s a dereliction of duty no matter how you try to rationalize it.

          You’re not being rational if you’re having an expectation that one party at the national level , represented by each state individually, can unilaterally enforce its will on the nation. That’s what YOUR logic is suggesting. Our system of government just doesn’t work that way.

          Or maybe, in the next election, start off all of your Pro-Democrat posts with an honest disclaimer: “Vote Democrat - They’re Not Going To Do Anything.”

          If you’re talking on minimum wage then you also need to include in that quote: “…except in all the cities and states that vote Democrat and have higher minimum wage. Or you can vote Republican that votes down any minimum wage increase.”

    • Morcyphr@lemmy.one
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      1 year ago

      Federal minimum wage and state minimum wage are mostly vastly different. Feel free to fact check.

      I do not disagree with your underlying point, but at least be accurate.

      • FlashMobOfOne@lemmy.world
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        1 year ago

        State minimum wage is also lower than the Federal in a few states and most states for tipped workers.

        So you lose me with this weak defense. Biden deserves every bit of criticism his administration receives for their inaction on wages.

        • Morcyphr@lemmy.one
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          1 year ago

          I am not here defending Biden or to pick a fight. Just pointing things out. Minimum wage where I live is at least double the federal. Unsure about tipped workers. Many states are higher. Maybe “mostly” was the wrong word to choose. Last I remember two states were lower; Mississippi and South Dakota.

        • Telodzrum@lemmy.world
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          1 year ago

          I forgot that the President has full control of the Senate. Your issue is with Sinema or even the people of Arizona if you’re as eager to find simple and idiotic places to point blame as you seem.

          • FlashMobOfOne@lemmy.world
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            1 year ago

            Sinema’s a Democrat.

            I’m not sure why you shouldn’t conclude that it’s Democrats standing in the way.

        • douglasg14b@lemmy.world
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          1 year ago

          And they still have to pay at least federal minimum wage, to tipped workers, and all other workers in those states.

          It’s a shit deal with the federal minimum being abysmal. But pulling politics into it and misrepresenting by omission, the facts, isnt exactly helping things