Mastodawn

'Part 1: My Life Is a Lie
How a Broken Benchmark Quietly Broke America'
https://www.yesigiveafig.com/p/part-1-my-life-is-a-lie

Very good short essay about living as a household of four in 2025. This explains a lot about the material conditions the people actually struggle with. Give it a read!

Part 1: My Life Is a Lie

How a Broken Benchmark Quietly Broke America

Yes, I give a fig... thoughts on markets from Michael Green

Show thread

Jürgen Hubert Nov 24

@wackJackle

Things could be a lot better in Germany.

But we can always say: "At least we don't live in the USA!"

Show thread

kami_kadse Nov 24

@juergen_hubert @wackJackle

you can say that and ignore, that in Germany the definition of poverty is *also* arbitrary (60% of median income, or ~36k€/a after taxes) and too low, at least for densly urban regions.

Show thread

Jürgen Hubert Nov 24

@kami_kadse @wackJackle

Definitely, a lot of things are bad in Germany.

But they haven't reached the level of an US-style shit show, either. Although I suspect #Merz will try to get there.

Show thread

Weltzeitgeist

@juergen_hubert @kami_kadse And there is also a Valley of Death in Germany. I don't remember the exact figures, but between approximately €2,800 and €5,200 gross per month, people (families) see little difference in their net income because government assistance decreases and taxes increase.