I still fail to see why spell slots are "lost" for multi-classing. level 2 paladin gets 2 level 1 spell slots. level 4 EK gets 3 level 1 spell slots. so I AM in fact "losing" 2 level 1 spell slots. This is garbage. I'm not getting what I earn here. I'm getting ripped off.
You are not reading the rules or listening to explanations, so you are getting confused. You are getting exactly what you earned from the time you put into understanding.