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Joined 11 months ago
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Cake day: July 30th, 2023

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  • "65 percent of Americans who are considered “middle class,” earning above 200 percent of the federal poverty level (FPL), are in a financial struggle. "

    That sounds more like a problem with the definition of the federal poverty level than it is a problem with the middle class.

    If you’re struggling, you aren’t middle class.

    Federal Poverty Level for 2024 is dependent on household size:

    https://www.medicaidplanningassistance.org/federal-poverty-guidelines/

    Oh, man, now I have to see if Lemmy can do tables… Hmmm nope!

    Size - 100% - 200%
    1 - $15,060 - $30,120
    2 - $20,440 - $40,880
    3 - $25,820 - $51,640
    4 - $31,200 - $62,400
    5 - $36,580 - $73,160
    6 - $41,960 - $83,920
    7 - $47,340 - $94,680
    8 - $52,720 - $105,440
    Each person over 8, add $5,380 - $10,760

    So let’s take the prototypical nuclear family, 2 parents, 2 kids.

    $62,400 is 200% poverty. I could see that being a struggle. I think maybe what we need is to re-define the poverty level.

    Size - 100% - 200%
    1 - $31,200 - $62,400
    2 - $36,580 - $73,160
    3 - $41,960 - $83,920
    4 - $47,340 - $94,680
    5 - $52,720 - $105,440
    6 - $58,100 - $116,200
    7 - $63,480 - $126,960
    8 - $68,860 - $137,720
    Each person over 8, add $5,380 - $10,760










  • “A level 4 autonomous vehicle will be for sale in the US to ordinary customers (80 percent)”

    When this becomes universally adopted, it’s going to have a bigger impact than anyone thinks.

    Cities now derive revenue from traffic fines, parking fines, parking fees, and so on.

    Level 4 autonomous vehicles are going to obviate ALL of that which means cities are going to lose more and more revenue as they become adopted.

    And nobody is thinking about how to replace that revenue.