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income inequality

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Comedian Josh Johnson perfectly describes what it's like to be broke in today's America

"My friend turns to me and says, 'Josh, you must not mind the rain.'"

Josh Johnson.

Income inequality isn't exactly new. However, it seems more people are aware of it than ever. In fact, according to a Pew Research poll that surveyed 36 countries, a "median of 54% of adults across the nations surveyed say the gap between the rich and the poor is a very big problem in their country."

Money, hundred dollars, hundred dollar bills, wealth, richWealth Inequality is a rampant problem. Photo by Giorgio Trovato on Unsplash

The good news is people are learning to educate themselves—from financial planning to paying attention to where special interest money goes in terms of political leaders. But still, for many of us, it's hard to understand what it must be like to be wealthy when we've never had real wealth. Without having a lived-in experience, even the concept of money itself can be difficult to grasp.

Comedian Josh Johnson, who is also a correspondent and writer on The Daily Show, is an expert at taking complex notions and putting them into hilarious context through his long-form comedic storytelling. In a TikTok clip labeled "That Time I Almost Drowned," Josh begins by talking about the literal fabric of money. "We look at money as paper, right? At least when it's in its physical form, it's this paper thing. But it's more than paper. There's fabric that weaves into it. There's linen, there's cotton."

@joshjohnsoncomedy

I Almost Drowned At A Party

Josh likens the actual fabric of money to society. "It works the same way that society works. There's fabric that weaves all of us together." He adds, "But there are people who have not been able to participate in the opportunities of making money...so when you tell them a recession is coming, they're like, 'What? Okay. I was already broke.'"

He proceeds to illustrate with a story. "One time, I was at a party with my friends, and I fell in the pool." He makes sure to note that it wasn't a "pool party" and, therefore, deeply embarrassing. But more than that, "terrifying," because he reveals, "I can't swim. And when you don't swim, being surrounded by water out of nowhere is very concerning."

swim, pool, water, party, story, Summer Fall GIF by Mark RoberGiphy

He describes the sudden shock of the water. "I feel like I turned around, and water surrounded me." What he did next was not so much swim, but rather "drown," and he hilariously describes his friend fishing him out of the pool like a cat picking up its kitten. Wet and still in shock, Josh understandably wanted to leave immediately. But "the dude who saved me was my ride... and now has 'mack points' and begins to use them to hit on people."

When they finally try to leave, alongside a few other friends, his car won't start. "Luckily, he did live close enough to the party that we could walk. It was maybe a mile and some change. And as we start walking, it starts drizzling... and then really starts raining." After describing how his various friends responded to the rain (one hunched into "turtle" position and another put one hand over his head), Josh has an epiphany: "My friend turns to me and says, 'Josh, you must not mind the rain.' And I was like, I almost drowned 20 minutes ago. And THAT'S what it's like when you're broke. You're almost drowning all the time. So when people try to scare you with talks of a recession, you're like, 'Why would I... what?'” He puts a hand over his head. "You're doing this... I'm already WET!"

rain, drowning, drown, downpour, metaphorRaining Stick Figure GIF by State ChampsGiphy

Many in the comment section truly empathize, and there seems to be comfort in being "seen." One fan wrote, "This is incredible. You're the Kendrick Lamar of comedy." Another said, "This is such a good way to explain it."

One top commenter perfectly sums it up: "What is loss to a man who has nothing? What's a little rain to a drowning man?"

In his powerful collection, "Unequal Scenes," photographer Johnny Miller captured the starkness of income equality in South Africa from the air.

Shot hundreds of meters above the ground, Miller's striking images capture the distinct lines created across neighborhoods and communities during apartheid. In addition to legislation, roads, barriers, and even natural markers, like steep slopes and rivers, were used to segregate the population by race.


Photo by Johnny Miller/Millefoto/REX/Shutterstock.

Though apartheid ended in 1994, racial and income inequality persist, as do these literal borders between wealth and poverty.

See five of these severe contrasts for yourself through Miller's remarkable photography.

1. The power lines that separate the Vusimuzi settlement from the neighboring cemetery carry electricity to parts of Johannesburg, but not Vusimuzi.

Electricity, sanitation, and schools are difficult to come by despite the fact that the settlement sits in Gauteng, one of the wealthiest provinces in South Africa.

Photo by Johnny Miller/Millefoto/REX/Shutterstock.

2. Hout Bay, the scenic fishing area near Cape Town, sits beside Imizamo Yethu, a densely populated suburb with rows of small shacks.

Photo by Johnny Miller/Millefoto/REX/Shutterstock.

3. Tourists ride horses and surf along the Southern Cape Peninsula, but just a stone's throw away from this carefree region, thousands of people go without basic resources.

The area of Masiphumelele has one way in and one way out. There is little police presence and just one medical clinic for more than 30,000 residents.

Photo by Johnny Miller/Millefoto/REX/Shutterstock.

4. The sixth hole of the Papwa Sewgolum Golf Course is just a few meters away from an informal settlement in Durban, South Africa.

Oddly enough, the course was named for a golfer of Indian descent who won the Natal Open in 1965. Since people of color weren't allowed in the Durban Country Club, Sewgolum had to receive his trophy outside in the rain.

Photo by Johnny Miller/Millefoto/REX/Shutterstock.

5. On the edge of Johannesburg, a popular suburb and a long-suffering settlement sit side-by-side.

On the left is Bloubosrand, a middle-class suburb with winding tree-lined streets and swimming pools. On the right is Kya Sands, an informal settlement home to more than 16,000 people — many without electricity or well-constructed housing.

Photo by Johnny Miller/Millefoto/REX/Shutterstock.

Though South Africa is not the only country where these abrupt borders exist, each one serves as a reminder of the long-standing effects of segregation and income inequality.

Whether it's apartheid or gentrification, the forced removal or pricing out of locals from their communities is senseless and cruel. To see once thriving areas stripped of resources and character is, at best, disheartening and, at worst, criminal.

But projects like this keep this crisis top of mind, and remind each of us to speak up and champion racial and income equality at every opportunity.

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TD Ameritrade

You may have heard $75,000 is the magic household income for happiness.

But what, exactly, does that mean?

In a landmark study a few years ago, Princeton University researchers Angus Deaton and Daniel Kahneman set out to definitively answer the question of whether money buys happiness. If anyone is equipped to answer that question, it's these two. Both have won the Nobel Prize in economic sciences: Kahneman in 2002 and Deaton just last year in October 2015.


In their study, they analyzed over 450,000 responses from people across America about their annual income and overall happiness to get at the relationship between the two. They broke down their findings using two metrics: emotional well-being and life evaluation.

Emotional well-being is basically how you feel your life is going on a daily basis — your everyday happiness or joy, or, conversely, stress or sadness. ("How are you today?")

GIF from "The Simpsons."

Whereas life evaluation is an overview of your entire life and how you see it going — how pleased you are with where you're at. ("How's life treating you?")


GIF from "Nacho Libre."

Deaton and Kahneman found that low income is associated with low emotional well-being.

Poverty makes it so that misfortunes such as getting sick, divorce, and being alone are felt even more. As income rose, though, emotional well-being rose consistently alongside it.

The thing is, happiness through emotional well-being didn't change too much beyond $75,000. Once that point was reached, people were basically just, "I'm good."

GIF from "Episodes."

In the discussion section of the study, the researchers offer a possible explanation: "Perhaps $75,000 is a threshold beyond which further increasesin income no longer improve individuals' ability to do what mattersmost to their emotional well-being, such as spending time withpeople they like, avoiding pain and disease, and enjoying leisure."

Life evaluation, on the other hand, just kept rising with the income.

So if we're talking about satisfaction, sure, more money leads to more. (I mean, if you make a million bucks a year, you can probably conclude that life is treating you PRETTY GOOD.)

GIF from "30 Rock."

But the thing is, when talking about happiness, what really matters in life are the good times you have with friends and family.

Let me leave you with some food for thought.

The Census shows that in 2014, 63.8% of U.S. households earned less than $75,000. More shocking is that although the average household income historically is right around that $75,000-happiness mark, the median household income is just around $54,000 — which indicates most households in the U.S. fall almost $20,000 short of the magic number.

Now that doesn't necessarily mean that all those households are chronically unhappy, but what it does mean is that a large amount of Americans may not have the level of income necessary to spend time with loved ones, avoid pain and disease, and have enough leisure time.

America is still one of the richest countries in the world, yet so many continue to fight for these basic needs. Maybe it's time we close the gap between so few having so much and so many having so little. In fact, this incredible CEO is already doing his part.

Because if the $75,000 threshold has taught us anything, it's that life shouldn't be about the exorbitant amount of money you could be making. But rather, how happily we could all be living.

When tax cuts came up during a televised community meeting in Australia, let's just say that things got a little ... toasty.

The controversy started during the May 9 taping of "Q&A," a popular panel discussion show on the country's public broadcasting network, when audience member Duncan Storrar asked an impassioned question about the country's latest tax cuts:


GIFs via AussieNews1/YouTube.

It's a valid concern. And Australian Assistant Treasurer Kelly O'Dwyer, who was one of the panelists, offered a, erm, less-than-valid rebuttal.

O'Dwyer launched into a tried-and-true refrain about trickle-down economics — a theory that's been repeatedly debunked regardless of how much people really really want it to work. But it was the example she used to prove her point that really raised some eyebrows. Referring to a(n imaginary?) small-business owner with a $2 million budget, she said:

GIF via AussieNews1/YouTube.

Yup: SIX. THOUSAND. DOLLAR. TOASTER.

GIF from "The Brave Little Toaster."

Upon hearing this, most Australians thought, "Who the &$%# spends $6,000 on a bloody toaster?!"

All across the country, people were moved by Storrar's speech — and dumbfounded by O'Dwyer's blatant disconnect from the struggling poor and working-class citizens, who the government should actually be listening to.

GIF via Denny's/YouTube.

Our cousins Down Under rallied together and launched a tongue-in-cheek GoFundMe campaign to buy a $6,000 toaster for Duncan Storrar. Within two days, they raised more than 10 times that amount.

That's even more remarkable than the guy who raised $55,000 to make a potato salad. But while the impetus behind this campaign was similarly silly, it was also coming from a place of desperation and discontent with the ever-increasing rate of income inequality that's been spreading across the entire global economy.

Taxes are basically just a mandatory government-run crowdfunding campaign. And while you can argue about that supposed tyranny all you want, the fact that thousands of people willingly gave up their own hard-earned cash to help a man in need speaks volumes about the power of empathy and the far-reaching effects of community support.

GIF from Nicolette Groome/Tumblr.

The fact that governments across the world continue to eviscerate social benefit programs to give tax cuts to the wealthy is a disheartening affront to that same goodwill.

Governments should work for the people — which means all the people, not just the biggest breadwinners. So how come nearly 1 million Americans are losing food benefits while House Republicans are proposing an additional $98 billion in social program cuts? Why are 500,000 people in the U.K. losing their disability benefits, which many of them rely on to survive? Why are people like Australia's own prime minister hiding billions of dollars in potential taxable income in places like Panama and still getting tax cuts when the time comes around?

And how come when thousands of people opened their wallets and said, "This guy deserves a piece of toast! (Or, more accurately, to take his daughter to a movie once a year!)" the Australian government still ignored them?

Put mildly: That's not cool.

Guess which side of this toaster represents the working class? GIF via Photonic Induction/YouTube.

These phenomena obviously aren't limited to Australia. But a $6,000 toaster making front-page headlines is a pretty good indicator of just how absurd the problem really is.

Granted, there are some smaller businesses who would benefit from a six-foot-wide, double-racked toast-making behemoth like this.But what good is a $6,000 industrial toaster if the majority of your potential customers are too poor to afford a sandwich?

Maybe instead of concerning ourselves with fancy electronics, we should make sure everybody has their bread first. After all, you can't make toast without it. And if a couple thousand people were willing to chip in $60K in just two days to make one guy's life a little easier, imagine the difference it would make in the entire community if everyone did their part.