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Is this too much to ask? (lemmy.world)

submitted 1 day ago by The_Picard_Maneuver@lemmy.world to c/whitepeopletwitter@sh.itjust.works

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[–] Kalothar@lemmy.ca 2 points 6 hours ago* (last edited 6 hours ago)

25k loan without any context doesn’t mean anything.

Let’s give it some, 25k in 1983 (when Jimmy Johns begin) has the spending power of 82k in 2026.

So if you think an 82k loan to a 19 year old (Jimmy John Liautaud age in 1983) at a probable 0% interest rate from his own further is nothing. You are disconnected from the vast financial struggles people are experiencing.

Additional fun: according to U.S. census records the median annual income in 1983 was about 25k.