logoalt Hacker News

mothballedyesterday at 8:21 PM1 replyview on HN

I did not make that claim. I made the following:

  Bankruptcy won't even discharge the kind of debt many/most of the lower-middle class fall broke upon. 
The whole point was that bankruptcy wasn't a remedy discharging these forms of going broke. It's unsurprising the bankruptcy data leans towards a 'cause' that will actually discharge their debt, otherwise the incentive for a broke person to file bankruptcy is lowered.

Replies

Maxataryesterday at 8:32 PM

Most of the lower-middle class do not fall broke upon the things you listed.

show 1 reply