Wednesday, August 22, 2018

How to Officially Be 'Poor' in Germany

I noticed this short piece off SWR (regional public TV), talking over qualifications in Germany to be of 'poverty'.

So....any German who is making less than 60 percent of the average income (2,700 Euro at present, roughly 3,200 US dollars)....is declared in a state of poverty.  This is the qualification of being 'poor-off' in Germany in 2018.

But this is all in relation to your 'family' situation.   For example, if you were a 25-year old guy and only making 942 Euro (net)....you are poor.

If you were a 30-year old parent with one kid under six.....the limit around 1,200 Euro (net).  You are poor.

If you were a 40-year parent with two kids.....your poor status is around 2,000 (net).

When Germans talk of wage stagnation and inflation, they are basically admitting they know they are stuck, and cannot get ahead.  All of this leads to 'gifts' from the government, to ensure your survival....compliments of taxation and revenue collected.

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