Sunday, March 9, 2014

Humiliating the poor

How we currently humiliate the poor in one graph

A single mother earning $29,000 makes more by staying at that income level until she hits $57,327. Any level of productivity in between loses her money and so she's financially better off if she works less and maintains that lower income. This is humiliating for her as she can't grow in skills and gain independence unless she sacrifices her children's welfare. That's a bind that nobody ought to be put into.

HT: ZeroHedge