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roadbuster | 26 days ago

> All it really shows is that the “poor” are getting milked for everything they earn and own

How are you concluding that? The only way I can see that could be true is if the bottom 50% has shifted their meagre savings to spending in an effort to stay afloat.

I find this to be dubious because the bottom 50% was never saving much at all in the first place. For context, the median income across planet earth is $850 USD _per year._ There's not a lot of room at the bottom for savings.

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