GoFundMe CEO says the economy is so bad that more of his customers are crowdfunding just to pay for their groceries

[T. A. Gardner]

I see that the MAGA morons are still blaming the poor for being poor. And then calling others stupid.

Well, you don't find many geniuses, well educated, and energetic people among them so... And, yes, I do blame the majority of the poor for being poor as they created that situation themselves because they variously are stupid and or lazy.

Oh, well, the scum will always rise to the top...and here it has.

To an extent this is unfortunately true.

Now...gotta get that scum off the top and into the garbage heap where it belongs.

Not going to happen. Who would replace them? Social climbers and the like are the ones in society who want to get and be there after all.

 

[cawacko]

This is just a logical fallacy. To be exact, it is a case of Affirming the Consequent.

People are using GoFundMe to try and pay for groceries. Therefore, the economy is bad. There is no way to conclusively reach that cause and effect without far more information about those who are using this method to try and pay for groceries. Thus, it is, as presented, a logical fallacy.

For example, about 26% of all Americans currently live far beyond their means. That is, they are spending more than they earn on a regular basis. Someone doing this might be inclined to try GoFundMe to gain additional funds. That isn't a result of a poor economy but rather poor choices by the person trying to get funded.

The Alarming Rise of Overspending: Why 26% of Americans Are Living Beyond Their Means

More than a quarter of Americans say they spend more than they make, one of a number of metrics in recent surveys that paint a worsening picture of the financial well-being of U.S. households.

www.investopedia.com

What percentage of people live beyond their means?

What percentage of people live beyond their means? - 2025 - Research indicates that approximately 60% of Americans live beyond their means, often relying on credit cards and loans to sustain their lifestyles. This trend may stem from societal pressures and the temptation to maintain a certain...

finances.blog-facil.com

Where Americans Spend Beyond Their Means - The Money Coach

Discover the top U.S. cities where residents spend beyond their means, as highlighted by Upgraded Points' study. Learn about the financial strain Americans face and how essential expenses surpass income benchmarks in key metropolitan areas.

askthemoneycoach.com

Now, we could parse through those begging for grocery money on GoFundMe and find out where they live. If they are heavily concentrated in cities known to have a high number of people living beyond their means, this would be corroborating data that contradicts the economy conclusion.

California, Florida, and New York top the list, almost overwhelm it, as being the states where people tend to live beyond their means. This too would be corroborating evidence.

Poor financial ability and planning is more likely a culprit here too.

Living Paycheck To Paycheck Statistics 2024

As living expenses in the U.S. continue to rise and wages struggle to keep up, it’s unsurprising that Americans of all generations are having a hard time financially. For many, this means living paycheck to paycheck. But what does it really mean to live paycheck to paycheck, and what underlying f

www.forbes.com

So, on the whole, the CEO of GoFundMe is talking out his ass here.

Fair points about correlation not proving causation and the headline is really clickbait, but it’s hard to deny the bigger picture. Inflation, high borrowing costs, and rising living expenses have been squeezing people for a few years.

Even if the GoFundMe numbers don’t really prove anything, they show how stretched a lot of people’s budgets are.

 

[Lionfish]

I see that the MAGA morons are still blaming the poor for being poor. And then calling others stupid.

Oh, well, the scum will always rise to the top...and here it has.

Now...gotta get that scum off the top and into the garbage heap where it belongs.

That Depends frankie

 

[Ross Dolan]

Well, you don't find many geniuses, well educated, and energetic people among them so... And, yes, I do blame the majority of the poor for being poor as they created that situation themselves because they variously are stupid and or lazy.

Yup...the MAGA morons, like you, want to blame the poor. You guys are poorer than the poorest of them you so blame. They are poor because they do not have the resources to live a decent life in a country richer than any country ever before. But you people are poor in spirit.

That is the "poor" every intelligent person should scorn.

To an extent this is unfortunately true.

Yup...the scum in soups and ponds seems always to rise to the top. And the rightest scum has risen to the top here in JPP. You guys may get lucky. We may become what Germany, Italy, and Japan managed to become in the mid-20th century.

We know the remedy for that.

Not going to happen. Who would replace them? Social climbers and the like are the ones in society who want to get and be there after all.

I am sure Hitler thought that...as did Mussolini and Tojo.