▪️This meme makes it seem like 60% of Americans are destitute, but that’s not what lies beneath the headline. This comes from an analysis from the Ludwig Institute for Shared Economic Prosperity (LISEP), which is an activist group for low and middle income families. Their reason for existence is to be a perennial Debbie Downer on the plight of the middle class, so keep that in mind, although they do make some fair points.
▪️LISEP has a metric they call Minimal Quality of Life Index (MQL) which imo is misleading. I’d call it the decent quality of life index. It’s the income they consider necessary to afford a reasonable standard of living in America, beyond just essentials.
▪️For a couple with 2 kids, the MQL is $120,302, which doesn’t appear to include taxes, so would equate to a salary of ~$130-150K. Now, that’s probably what it takes for a family to have a decent QOL today, but it’s certainly not a poverty line or minimum standard.
▪️For example, this allots $27,875 ($2,322 per month) for transportation. One could certainly eclipse this with a few family airline trips, but this budget should easily provide for 2 decent cars with gas, insurance and maintenance. The MQL also budgets for college savings. This is comfortable middle class territory.
▪️LISEP likes to highlight that the MQL has declined since 2001, but it’s also risen considerably from the lows in 2011-13. So one could spin this to say things are considerably better than a decade ago.
▪️Basically, the MQL got steadily better from 2013 until peaking around 2018-19. Then there was a downturn in 2022-23, where the data ends. This was during the high inflation in the early-to mid part of the Biden years so not surprising. However, inflation moderated in the last Biden year and through Trump’s first months so it’s likely the MQL has leveled or reversed trend since.
▪️This headline should read, “A majority of Americans unable to afford a comfortable middle class lifestyle.” Which has always been the case here, and everywhere else in the world.
Link to the MQL, graphs in comments:
https://www.lisep.org/mql
▪️The left keeps using this meme but they don’t actually believe it. If you believe SNAP subsidizes companies to pay below a “living wage” this implies that if you take food stamps away they would suddenly pay a higher, “living” wage. So why not get rid of food stamps, then?!
▪️Except they know, and everyone knows, this isn’t true. Wages are set by supply and demand, not some mythical “living wage” metric. Absent food stamps there would actually be downward, not upward, pressure on wages, because the reality is food stamps subsidize the poor to not work as much as they might otherwise need to.
▪️Without SNAP, some low income people would need to work more hours to make ends meet, increasing the availability of low-skilled labor and lowering wages (all else being equal).
▪️Plus, we all know the left loves and supports food stamps. Which means, by this meme’s logic, they love to subsidize corporate profits. But they don’t really, they just think this ...
▪️Wait, this is the guy libertarians and the new right rave about being a great historian?! This sounds like a clueless meme from The Other 98%, except they wouldn’t add in the bizarre defense of feudal lords. Feudalism didn’t deprive peasants of their livelihoods for abstract goals? This is total fantasy.
▪️Amazon employs 1.55M, so this is less than 2% of their workforce, although these cuts will be to corporate, which employs 350k, so 8.5% of that. The CEO says there is an excess of bureaucracy at Amazon, and AI can automate certain repetitive tasks. Also, much of the cuts will be to HR, which is expected shrink by 15%, yay. Managers and HR are peasants now?
▪️I don’t know the inner workings of Amazon, and neither does Darryl, but this seems to be normal management practice to keep a company efficient and competitive. Given the immense size of Amazon the numbers look large, but far bigger shakeups happen all the time in the private sector. Apparently, under the new ...
▪️This statistic is just made up. The reality is that there hasn’t been a real study on this since 2013, when Pew did a poll. They found that Democrats were actually more than twice as likely as Republicans to report ever using food stamps (22% vs 10%).
https://www.pewresearch.org/short-reads/2013/07/12/the-politics-and-demographics-of-food-stamp-recipients/
▪️Obviously, those percentages could have changed over the past decade, but it’s very likely that Dems still receive more SNAP benefits. Certainly, without an actual study or poll the claim should be thrown out, as it wildly contradicts a previous study.
▪️The meme probably comes from a 2024 analysis by Social Explorer, which found that 78.7% of US counties with the largest increase in SNAP since 2010 voted for Trump in 2020. But that tells us nothing about the actual number of Republicans (or Democrats) who are receiving benefits, just county-wide trends.
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