Saved by Kaustubh Sule
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
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 more