Ben Eisen
speaker
1,467 appearances
35 recordings
1 series
first heard Jul 2017
last heard Nov 2024
Ben Eisen’s voice in public audio — every appearance, attributed to the second.
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Appearances
And you're really seeing this kind of divergence that's somewhat of an exaggerated divergence from what we've seen in terms of inequality growth over the last few decades.
And it's all kind of playing out on GoFundMe.
It's all playing out on crowdfunding websites because
You have these people who are in a position to give and you have these people in this position of need and they're kind of connecting through this platform.
Yeah, there are a lot of different websites.
GoFundMe is the biggest one.
There's another website called Fundly, which has a smaller arm for individuals.
And they've also seen a big uptick.
There are currently about 500 active fundraisers for individuals to raise money for groceries on their crowdfunding platform.
And that's up from five active fundraisers a year ago.
Thank you.
Wealthier people tend to come out okay, and poor people tend to fall further behind, and recessions really do tend to widen the inequality gap.
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Recessions very often do create sort of an inequality gap between wealthier people and poorer people and kind of widens the divide between them.
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It's something that we've seen a lot over the more recent recessions.
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What's interesting here, though, is that it's not just a divide between haves and have nots.
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My reporting has really suggested that there's kind of three groups.
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One, the people who have sort of been at home with stable jobs, people who can probably do their jobs at home if they need to, and haven't lost income but also have spent a lot less.
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And those people really have kind of come out ahead because they just have spent a lot less money over this time period.
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The second group is people who may have had some financial hardship.
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They may have lost their jobs, but because of the kind of generous benefits that have been rolled out over the last few months by the federal government, they've either stayed stable or kind of come out ahead with expanded unemployment benefits, stimulus checks, all of these things kind of making up for their lost income or maybe even putting them above the income they had before.
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