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this post was submitted on 17 Apr 2024
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chapotraphouse
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and if the whole world lived like a middle class American, we would need 5 Earths
the article isn't about resource consumption, it's about budgeting (50/20/30) for savings and retirement and how unrealistic that is given the price of housing and food compared to income.
It's a weird contradiction caused by global inequality that the average american both does consume insane amounts in terms of natural resources, but also can barely afford rent.
What capitalism does to a mofo
Just ran the numbers for my budget and I get 71/6/23. Fortunately I'm an insane person who hates spending money, but that's just not possible for the average person. I spent $500 on the extremely broad category of "entertainment" last year. The vast majority of that 6% discretionary spending is on my car that I don't drive anymore lol.