Let’s check back with that in a year after the Coalition’s reforms to Kela kick in next month….
Subjective poverty != objective poverty. Finns are resilient, yes.
Imagine same income family/person, one is used to eat meat every day, one is used to eat rice, with whatever veggie every day. Now they both fall on hard times. Which will think more they have a hard time making ends meet.
Quite easy when poverty is defined in relative terms: social security creates a kind of floor for income while non existent economic growth, high unemployment and high taxation guarantee drag the average income down.
Yes, relative poverty can be influenced as much by dragging the average down as it can be by having the poor become more poor. Anyone eho understands how quantiles work should know this…
Yay for the non-poor. For the rest of us, maybe one day we’ll find that elusive job thing everyone seems to get. I just hope we keep things this way, because it seems to have taken a very bad turn as of late, with more and more people and families struggling.
Silver lining for our fellow inhabitants, at least.
Yeah not much poor but no wealthy people either here.
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Source: https://ec.europa.eu/eurostat/web/products-eurostat-news/w/ddn-20251023-1
Let’s check back with that in a year after the Coalition’s reforms to Kela kick in next month….
Subjective poverty != objective poverty. Finns are resilient, yes.
Imagine same income family/person, one is used to eat meat every day, one is used to eat rice, with whatever veggie every day. Now they both fall on hard times. Which will think more they have a hard time making ends meet.
https://preview.redd.it/hpryplso6m4g1.png?width=300&format=png&auto=webp&s=4a13a877c4f9e4415e57349ba43ffd03521b7e75
Quite easy when poverty is defined in relative terms: social security creates a kind of floor for income while non existent economic growth, high unemployment and high taxation guarantee drag the average income down.
Yes, relative poverty can be influenced as much by dragging the average down as it can be by having the poor become more poor. Anyone eho understands how quantiles work should know this…
Yay for the non-poor. For the rest of us, maybe one day we’ll find that elusive job thing everyone seems to get. I just hope we keep things this way, because it seems to have taken a very bad turn as of late, with more and more people and families struggling.
Silver lining for our fellow inhabitants, at least.
Yeah not much poor but no wealthy people either here.
Orpo & Purra : “Hold our beers”
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