The Shocking Truth About the Cost of Ending Poverty vs. Fighting COVID
How Politicians Can Easily End Poverty But Choose Not To
Can you believe COVID costs more than ending poverty?
Poverty should also be considered if the Covid problems were urgent enough to mobilize trillions of dollars and global attention⏰.
Here’s how much ending poverty costs and why it’s easy:
Maybe you might think that ending poverty is too expensive or unrealistic.
But that’s not true.
🛒 There is a reliable estimate of how much it would cost, and it’s surprisingly low.
According to Jeffrey Sachs, the cost of ending poverty for 20 years is surprisingly low at $175 billion annually📉.
This is about the same amount Americans spend on lottery tickets each year.
But it’s little compared to what was spent on COVID in less than 3 years with terrible results.
If politicians can find trillions of dollars for the COVID issue, they can surely find money to tackle poverty.
Unfortunately, they seem to have different priorities, like:
- Fighting in Ukraine and spending over $200 billion in less than one year 📆.
Let’s take a look 📊 at the amount of money spent on COVID:
- Wealthy nations have spent $9.8 trillion, while low-income countries have only spent $42 billion.
What this means
- This shows that politicians can find a lot of money when they claim a crisis.
But unfortunately, they don’t seem to care much about the millions of people who live in poverty and suffer from hunger and a lack of education.
Read Next:
