Bloomberg News elicited a massive backlash over the weekend for offering ‘tips’ to Americans who might struggle with the rising cost of living which included letting their pets die and eating lentils instead of meat.
The piece, titled “Inflation Stings Most If You Earn Less Than $300K. Here’s How to Deal,” was penned by Teresa Ghilarducci, professor of economics at the New School for Social Research, a private university in New York.
Ghilarducci proved she is completely out of touch with the reality of life for everyday Americans, writing “I expect those most affected will adjust to inflation in the classic way by shifting away from relatively expensive items toward close substitutes.”
She continued, “Here are some ideas on how to reconfigure consumption and lessen the blow. But again, adjustment is hard for people without savings or choices.”
The professor then outlined how people should take public transportation instead of driving, eat meat subsitutes like lentils and vegetables, avoid buying items in bulk, and avoid medical expenses for pets.
Right, so let pets die? In short yes.