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

So, you're saying that we have arrived today with 100% democratic party control of all levels of our economy? Because I can recall many times over the last several years where your party held the white house and congress and the majority of state governments as well...so...what exactly is your excuse for that?

Taxpayer funded jobs are no different that jobs funded by profits. They pay people for work. Those people then spend, save, or invest that money in the economy. The source of the money is irrelevant to the economy.

 

It's not the living it up that's the problem .. it's how you get there! If kids see you exercise discipline to save for the things you enjoy, and you can afford it without it compromising your ability to put food on the table or pay off the house, they'll do the same. It's the kids who see their parents pay for stuff they can't afford (like big city rents, fast food X times per week, new phones every five minutes, etc etc), that the problem arises. They'll know nothing but irresponsibility.

I agree that it's also important to include kids in discussion of finances on the regular. They have to know it's a priority, and that's the way to do it!

 

Conservatives do not understand the importance of demand in a supply-and-demand economy, which is documented by the anti-worker/anti-consumer agenda of being pro-rich, not pro-business.

 

the last Admin did this, sad!, Biden will fix it though

 

Top Dems did this.

And the.money in those paychecks is worth less thanks to democrat policies.

Gas is at record highs and Biden insists OTHER countries produce more oil, not the US.



Joe promised to buy America and yet he spent 1 billion on Chinese covid tests.



TOP DEMS DONT CARE ABOUT THE WORKING MAN AND NEVER DID.

 

The study from 2017 said it was 8 out of 10 and 2019 study said the same thing, but living from paycheck to paycheck doesn't mean people are poor, it just means they spend everything they earn, and many probably have a heck of a time doing so. Majority of Americans are not savers. Its not that they can't save, its that they choose not to.

Average savings for people form 55 to 65 is $57,800, and that is nothing. Many boomers have pensions, but most Gen-X have very little so they will be on their own when they retire, and Millennials are coming after them, but interestingly 58% of Millennials are saving for retirement and they started at an average age of 23.

 

As you know, that's what our "progressive" masters and the elites who own them want - people paying rents in expensive cities - and they're making it more difficult for people, especially young people who don't have a lot of money, to own a home. A lot of people end up trapped in cities renting because of this, and it's a problem that needs to get rectified. We don't want our younger generations to be propertyless serfs.

 

California street interviews on Joe Bidens performance... "what comes after F?"

 

Yep, to rent a 2 br apartment in Miami ($3100) is almost as expensive as in NYC ($3400), even though the salaries are nowhere near NYC level. Ft Lauderdale is not too far behind ($2800). Miami doesn't have a "progressive master" though, but a Republican one, and the Governor is one too, as is the State Congress and Supreme Court. So I guess the Republican elite "masters" are as bad as the ones who you thought were in charge. What was Trump into again? Oh, that's right, he was a "master" running rentals. You try to assign a partisan mark on everything, which is why you fail to see the reality. These things have nothing to do with partisan politics, and everything to do with maximizing profits, - capitalism. People are quick to say they love capitalism, and quick to shift blame when realize that some people are caught in the middle, and then they cry for their political party to "rectify" it. Why is DeSantis playing culture wars and not 'rectifying' the problems you talk about?

 

No .. it doesn't - in general - mean folks are not poor .. obviously you have a few folks in the groups you mention . but is silly to include them in the study as described .. find a better study .. there are many .. all showing wealth inequality has increased .. and continues increase .. at a rate greater than the growth of the pot.

Average savings rate is a ridiculous metric .. you could have one person saving a Trillion .. and all the others a penny-- need to find better metrics

 

Also, I thought people were responsible for their own choices? I mean, what is government supposed to do? Make people spend their money the way they should...?

 

I finally agree with you, 100%

 

No idea what any of that means, sorry.

Once again, Conservatives are champions of private property and private enterprise for the common man.

It's Progressives who are opposed to that kind of independence for the masses ... and I admit that as a Lefty myself.

 

Exactly.

Unfortunately our Progressive friends DO want future generations to be propertyless serfs.

And they keep their dumb acolytes servicing that end via fear. It's likely terrifying to consider the prospect of having to do things the hard way, when you've spent your entire life resting on the assumption that you don't have to try too hard (because Govt will come to your rescue whenver you drop the ball). I have an old friend who goes into a blind panic when confronted with even the slightest threat to the primacy of the Welfare State. None of it is actually about 'compassion' as claimed - it's about deep personal resistance to graft and sacrifice.

 

I agree that they're not partisan issues .. because the elites who are seeking to profit from the disenfranchisement of the masses will use WHICHEVER side of politics advances their cause. And their best bet is currently the Left ... because the Left is promoting the dismantling of private property for the working and middle classes (learn more about their goals under "You will own nothing"). They do this by both demonising private property for individuals and mom & dad investors - calling it evil capitalism, and via the social engineering of the Welfare State. It's a huge win for the elites, to have the Left in such good service to their goals.

At various points in the past the Right has been better for them, and no doubt at some point in the future they will be again. But TODAY they're utilising the Left. The Right is actually now more 'for the people' than the Left, for that reason. The Right still champions the small man, and wants him to have his little piece of property, community, enterprise etc. The things which lead to self-determination and independence from the overlords.

 

So now the left are accused of being the greedy capitalists taking advantage of regular folk.

The pseudo conservative movement adopts every leftwing talking point from the past to.......oppose left wing talking points.

I know, - its absurd but its true

LOL

This is what happens when people think EVERYTHING is some kind of political conspiracy.

 

Not accused, no. They ARE doing it.

They're the ones working in the interests of the overlords' "you will own nothing" agenda. They're prising the small man's hands from his little piece of property as fast as they can .. the sooner to have him indentured as a powerless life-renter in the service of constant consumption.

 

Its not a political conspiracy orchestrated by the Democratic party, its a way to turn a profit and people have been doing it for thousands of years everywhere on this planet. Yes, you heard it right: THOUSANDS of years.

Listen to yourself. Is Trump a left-wing conspirator who owns property and rents them out in order to.......fulfill a socialist goal of depriving people from owning their own property. No, he does it because its profitable. Always has been and always will be.

 

Biden lied the economy died.

 

1) I haven't the first clue what that means, sorry. What 'conspiracy'? The elites behind the Progressive Left are very open about their "you will own nothing" dream. They're ****ing proud of it. Also, they know you acolytes think it's about the moral highground, and are playing that vanity beautifully.

2) The companies buying up whole neighbourhoods (so that individuals and mom&pop investors can't buy anything) are playing the Left hard, my friend. They're all LARPing as Progressives, because that's what works for them. Consider, the Left has the infrastructure for dissolution already in place - the Welfare State. It's a very cheap and easy war of attrition, for that reason. They'd be crazy to side with the Right .. who are still encouraging the working and middle classes to seek property and independence.

 

You save your money and create your emergency fund or work all your life to retire and live on a fixed income and then along comes the Biden inflation taking 7% of it and you get nothing in return.

 

That is a conspiracy theory. Heck, only few years ago they were accused of the opposite, - of pushing loans to everyone so they could buy houses.

 

So we should all just shut up and live with it....Biden's inflation taking 7% of our wealth an income............................gotcha..

 

Wow .. Dude. Are you genuinely unaware of their goal? Even if you're somehow oblivious to the "you will own nothing" thing, you can SEE what they're doing.

I hope you're not actually a Lefty .. because if you are and don't even know what they're brewing, it speaks to an even bigger problem.

 

You are quoting someone else's BS, which is a gross misrepresentation of someone else's social media post. You have been played.

Fact check: The World Economic Forum does not have a stated goal to have people own nothing by 2030
A video repeating misinformation about the World Economic Forum (WEF) has been shared widely on Facebook.
https://www.reuters.com/article/uk-...have-people-own-nothing-by-2030-idUSKBN2AP2T0