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#poorest — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #poorest, aggregated by home.social.

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  1. theguardian.com/global-develop; assets.publishing.service.gov.. "The world’s #poorest #countries were worst hit by #British #aid #cuts under Keir Starmer’s #Government, while higher-income countries saw their share of aid increase, new figures reveal. The latest figures released by the [FCDO] show a 6.7% decrease in #funding to the least-developed countries & low-income countries, amounting to cuts of £118m." #Starmer & #Labour should hang their heads in abject shame!

  2. The largest country in the #world by #population and one of the #poorest - #India - hammered by the #US 1. #tariffs up from ~3% to ~18% 2. high #fees on #legal #immigration; hurts #remittances 3. #iran #war raising #oil #gas prices; hurts remittances www.carboncopy.info/west-asia-sh...

  3. The largest country in the #world by #population and one of the #poorest - #India - simply getting hammered by the #US
    1. #tariffs up from ~3% to ~18%
    2. high #fees on #legal #immigration - hurts #remittances
    3. #iran #war that is raising #oil #gas prices imported mainly from the #middleeast and hurts remittances

    carboncopy.info/west-asia-shoc

  4. www.newyorker.com/news/letter-... 1/ "In 2007, his work found a #global audience with “The Bottom Billion,” an analysis of why the #world’s #poorest #economies were diverging from, rather than catching up with, more prosperous ones.” #humanrights #justice

    A Development Economist Return...

  5. newyorker.com/news/letter-from

    "In 2007, his work found a #global audience with “The Bottom Billion,” an analysis of why the #world’s #poorest #economies were diverging from, rather than catching up with, more prosperous ones. Last year, he published “Left Behind,” which he summarized to me as “a diagnosis of the same bloody problem for #poor places in #rich countries as for poor countries.”

  6. #UK’s #richest set to produce 13 times more transport #emissions than #poorest by 2035 | #CarbonFootprints | The Guardian

    They found that the poorest groups were due to decarbonise much faster than the wealthiest, with the richest 4% set to emit 13 times more carbon from their domestic travel than the poorest 14%
    by 2035 – up from a tenfold gap today.

    theguardian.com/environment/20

    #Environment #GlobalWarming #ClimateChange #Transport #FossilFuels #Inequality #Poverty

  7. "people who have mever met a #hillbilly in their #life love to pin every bit of american #fascism and #imperialism on #hillbillies. who, it should be noted, are one of the #poorest #demographics in this #country. instead of the fucking #facsists. who are overwhelmingly #billionaires."

    tumblr.com/nando161mando/79128

  8. The bill also would #penalize #states that expand #Medicaid in the future.

    Johnson also expanded a #deduction break for #state & #local #tax payments, a priority for a handful of centrist #Republicans who represent high-tax states like New York & California.

    #Democrats blasted the bill as disproportionately benefiting the #wealthy while cutting #benefits for working Americans. CBO found it would reduce #income for the #poorest 10% of US households & boost income for the top 10%.

    #law #Trump

  9. “So there’s a sense that #tariffs will tend to hit the #poorest in society harder than the #richest, which, generally, is the opposite of what you want in trying to create an equitable #system.” fivebooks.com/best-books/t... #books #bestbooks #economics

    Tariffs

  10. #SlotMachine firms target #UK’s #poorest areas and channel funds to #billionaires | #Gambling | The Guardian

    An insidious way of effectively draining poor people of money, the ones who can least afford it, of course.

    theguardian.com/society/2025/m

  11. How #America’s #wealth map has changed

    The #wealthiest cities in the #US. are almost seven times #richer than the #poorest regions, a disparity that has nearly doubled since 1960.

    fastcompany.com/91262157/ameri

  12. As a child, Mathew Desmond experienced poverty firsthand.

    He saw his family home repossessed and endured the stresses and humiliations of his family’s lack of means.

    It raised the question that he would go on to dedicate his professional life to answering:

    ❓Why is there such stark #inequality in America?❓

    The hard truth, he said, is that
    💥so many of us benefit from it.💥

    Desmond shared a litany of statistics illustrating the growing burden of poverty and inequality in the United States:

    • 1 in 3 families live in a household that has an income of $55,000 a year or less.
    • 38 million people are below the federal poverty level of $30,000 for a family of four.
    • Evictions have increased by 22% since the turn of the century.
    • The number of public-school kids who are unhoused has increased by 74% since the turn of century.
    • The amount of inflation-adjusted, non-mortgage debt has increased by more than 200% -- and the number of families reporting no income apart from food stamps has quadrupled since the 2008 recession.
    • Since 1985, rent increases have outpaced wage growth by 325%.
    • Each year, people are charged $11 billion in overdraft fees and $10 billion in payday loan fees.

    “So, here's one reason there's so much poverty in America today:

    because the poor are #exploited,”
    said Desmond, author of the Pulitzer Prize-winning book "Evicted" and his more recent work "Poverty, by America".

    “I think it's a word we should use more.”

    👉The exploitation is perpetuated, not only by the corporations, financial institutions, and landlords who withhold fair wages, charge exorbitant fees, and profit off those in poverty,
    👉but also by affluent Americans who benefit from the exploitation, he said.

    Desmond quoted an analogy from novelist Tommy Orange,

    “Kids are jumping out the windows of burning buildings, falling to their deaths. And we think the problem is that they’re jumping.”

    🔥The American approach to poverty has often been to focus on those who are poor and what they can do to uplift themselves -- rather than changing the systems that keep them poor.

    This can be uncomfortable for those whose #property #values are protected by ⚠️segregation of affordable housing,
    those who have invested in the #stock #market and make money when ⚠️exploitative corporations net profits,
    and those with #free #checking #accounts that are ⚠️subsidized by the poor who pay fees for their lack of capital, he explained.

    The affluent also benefit from government subsidies more than the poor, he said.

    According to Desmond, the #wealthiest families in the United States receive an average of about 🔷$35,000 annually in tax benefits, while the #poorest get an average of ♦️$25,000 in subsidies.

    These are realized in #mortgage #incentives, special #investment #accounts, like #529 accounts that help pay for college, and other #tax #breaks for the wealthy.

    Many affluent families further contribute to poverty by building communities that exclude and marginalize the poor
    — pushing them out of their neighborhoods using #zoning ordinances, Desmond said

    aamc.org/news/we-can-solve-pov