Saved by Kaustubh Sule
One Election Takeaway: Voters Hate Temporary Safety Nets
The introduction and then subsequent final expiration of these programs are an extremely underdiscussed element of the election results (though since I started working on this piece, some coverage has emerged). Yes, price increases, particularly those for food, energy and rental housing had a crucial- and continuing — impact on many households,
... See moreNotes on the Crises • One Election Takeaway: Voters Hate Temporary Safety Nets
Consistent with the musical chairs analogy above, they report that “Over the last two decades, an average of 28 percent of workers had large [earnings] increases and 28 percent had large [earnings] declines each year”. “Large” in this case is defined as a 10 percent change from the previous year. It is very difficult to wrap our minds around such
... See moreNotes on the Crises • One Election Takeaway: Voters Hate Temporary Safety Nets
Very important concept .lower class has high income volatility