Hard times: 7 in 10 Americans say they’re living paycheck to paycheck now

I don't. This problem has existed for far longer than the pandemic.

We live in an instant society. People want a brand new shiny car, house, new phone every year, extravagant vacations. On top of that, most subscribe to internet service both at home and on their phones, multiple monthly subscription services like Netflix and Hulu, the list goes on and on.

Compared to a time when most houses were 1,400 square feet, a single household vehicle, a phone on the wall and vacations consisted of a week at the lake.... of course we have people living paycheck to paycheck

 

and the Sun will rise in the East Tomorrow .. absolutely Did you have a point you wanted to make .. or just wanted to spout random factoids for the pleasure of opening mouth ?

 

Actually no .. you are the one that is wrong .. Wealth inequality makes it hard for folks to pay bills .. because the person making billions is bilking that money out of the poor ..

but at least we found out what the problem with your argument is .. you don't understand what wealth inequality is.

 

The left regularly presents its case for their agenda using facts such as people living pay check to pay check to defend things like minimum wage and taxes, or did you forget?

 

why should I care about the left's case - and what "Agenda" are you referring to .. and why are you speaking in riddles ? .. You are welcome to your leftist ideology .. doesn't mean I share it.

Low wages are one facet of wealth inequality ... Got it .. what simpleton doesn't know that .. wages low = more folks living paycheck to paycheck .. there are numerous others .. but, what was the point of bringing this one up ?

 

Oh sure, Biden and the Dems light the hell fires of inflation, now folks are hurting and you assure us that it's their own damn fault and others on this board tell us they should be grateful for $17/hr flipping burgers.

The dripping condescension from some of the Left, who screwed up everything, toward the working and middle class that are suffering as a result of Biden and the Dems inflationary disaster, is beyond belief. It's like a lot of them feel something between hatred and disdain for anyone outside of their privileged gentry circle.

​

 

False you are wrong. That person with biillions is making it.

Simple math proves you wrong. all of the poor people combined could not make one billionaire in a decade.

When a billionaire makes a dollor no one loses a dollar.

I understand it better than you and it harms NO ONE.

 

Low wages are no such facegt of wealrh inequality.

A person making millions or billions has no impact on someone making minimum wage.

 

What simple math .. where is this simple math that shows wealth inequality does not effect the poor.
Your claim that when a Billionaire makes a dollar .. someone does not lose a dollar .. is abject nonsense.

This is basic logic 101 you are failing .. and basic economics. If a company makes 10 dollars in profit .. and gives 1 dollar to shareholders rather than to the worker .. that dollar is a dollar the worker doesn't have - that dollar could have increased the overall wages.

Simple Math mate - Low wages are partly a function of wealth inequality .. and this is only one example of wealth inequality ..

 

4 years of Trump, and this is what we get.. so much for Trump's trickle-down theory

 

'
Think you messaged the wrong person .. have no clue what you are talking about

 

What is it that we "Got" presuming you mean wealth inequality -- -- and what does Trump have to do with it .. other than not making things better which hasn't been shown to be the case but even that may or may not be his fault.

This is not to say that Trump did not have impact .. and I can give a few things .. but you havn't ..

What did Trump do to exacerbate wealth inequality -- is question on the Table ..

 

It is not a claim it is a fact. A billionaire might well make fifty thousand dollars an hour where are the people losing fifity thousand dollars an hour as he does so?

You cannot idenfity them because they do not exist, Simple math proves you wrong. Lowe wages ar enot the result orf wealth inequality. If trhe person next door to me makes 10 percent more than I do it does not harm me. It also does no harm to me if they make a million times more than I do,

You cannot and no one can demonmstrate any harm that wealth inequality causes.

 

Simple, personal responsibility.

It's a factor often left out of the discussion that is imperative to evaluating the circumstance in totality.

 

Im not left, I just disagree with the political cannon fodder.


This is not something new, and certainly not something exclusive to the inflation issue.

 

Undoubtedly the economy is coming apart at the seems with inflation, scarcity and low paying jobs, probably by design of the handful of elites that own 80% of the wealth and want the other 20%. But at the same time, people often have unreasonable expectations of what their 'lifestyle' should be. Back in the 50's, homes cost about 10% of what they cost today relative to average income. As this gets worse and worse, more and more of us get locked into the renter economy where our wealth is perpetually sucked away into the politicorporate alliance power structure. That is to say homes are now 10x harder to afford just relative to income. But also they were smaller, families had one car (which were more affordible as well), RVs were rare, dining out was a special occassion, there were a lot less gadgets we depended on for our happiness and we spent a lot more time at home doing things that we typically pay to have done now. Thats all to say its true that its harder to save money, but its also true that a lot of people are less willing to try to save their money.

 

Trump raised the debt more than any other President had in 4 years ever

 

Now what are you blubbering about ... you are supposed to be supporting your claim that wealth inequality has nothing to do with folks living paycheck to paycheck

How does whining about personal responsibility show your claim is true ?

 

I think your presumptions about what I said, verse what was actually said is on full display.

In any case, you craptastic ability to respond to a post without being a DB is noted.

Grow up bud.

 

You claimed all wealth inequality of the poor would not add up to a billion dollars .. which is patent nonsense on steroids .. then you cry "Simple Math"

If the wealth inequality was only 1 dollar .. even a math simpleton could figure out that if you have 3 Billion poor - x 1 dollar .. is 3 Billion dollars .. which is more than 1 Billion.

Then you further confirm your lack of understanding .. by claiming that a corporation paying dividends which goes to the Billionaire rather than paying the worker more - is a situation which doesn't exist.

Hopelessly lost are both your positions.

 

No doubt was a Princess with credit card -- as is the norm for Red .. but don't think he gets the Reagan Crown for Fiscal Irresponsibility. Constant Dollars missy .. don't forget that one. Think Trump still get's number 2 though .. so in the grande scheme of things .. your point is made. Obscene Fiscal Irresponsibility .. at a time when the economy was doing relatively well .. so no justification for increasing deficits. as more loot is coming in as a function of "robust" economy..

The quote are there because it was fake robust .. a function of the nitrous oxide boost from the deficit spending itself .. not real growth .. and even this only managed to take GDP from 2 to 3% for a little over a year .. had dropped down to 2% in last year of Trumps term .. foreboding signs on horizon .. manufacturing index in the red for 5 consecutive months .. so much for bringing manufacturing back home.

Told you .. have the best arguments against ol carrot top

 

exactly, Trump spent his way to higher stock prices, that was about it

now the fed is trying to reverse course to stop inflation

 

Yes to the first point .. the second .. not so much .. Biden and Covid and the Russian war have far more culpability .. and the 20 years of messing with the invisible hand prior to Trump .. OK - Trump joined in the party of plenty .. but trying to pin the Fed's current course on him is nonsense.

 

agree, something changed after y2k and 9-11, we changed course and debt has been climbing at an unsustainable rate, not helped by the fact that American Corporations are outsourcing so many jobs overseas

 

Are outsourcing? I think they've already outsourced all the jobs that were possible to outsource.

Pretty much the only jobs left are either jobs that are impossible to outsource, or industries protected by special government regulations (allegedly for "health & safety" reasons).