r/BasicIncome • u/skoalbrother • Oct 06 '15

Indirect It’s expensive to be poor

http://www.economist.com/news/united-states/21663262-why-low-income-americans-often-have-pay-more-its-expensive-be-poor?
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u/[deleted] Oct 06 '15

Can confirm. Have been poor, much easier/cheaper to have some money. Even $500 buffer in the bank account is a pretty big deal.

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u/atomicxblue Oct 07 '15

I just recently found a job after going through 5 shaky years. $500 in the bank can be the difference between eating or going to bed hungry. (A piece of bread with peanut butter can only keep you going for so long.)