this post was submitted on 03 Jul 2025

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chapotraphouse

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"Bottom 60%" is a funny way of saying the majority. (lemmy.ml)

submitted 1 week ago by RedWizard@hexbear.net to c/chapotraphouse@hexbear.net

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[–] Xiisadaddy@lemmygrad.ml 10 points 1 week ago (1 children)

What even is a minimal standard of living? I'm poor af and i can't afford a lot of stuff, but i also feel like when these types of media outlets talk about stuff like this they're talking about consumerism not survival.

[–] Wertheimer@hexbear.net 8 points 1 week ago

Article: https://www.cbsnews.com/news/cost-of-living-income-quality-of-life/

The analysis, from the Ludwig Institute for Shared Economic Prosperity (LISEP), looks beyond whether people can afford daily necessities like food and shelter to consider whether they have the means to pay for things like the technology tools necessary for their jobs, higher education, and health and child care.

(More in the other thread)