Millions of Americans to Fall off an 'Income Cliff'

No you don't have to deliberately do very specific wrong things for years on end to be in financial trouble.

What you are saying is demonstrably false - as per the example given previously.

 

Larger than 3600sqft?

 

Yes, you really do. Starting at age 16 (or whenever you earn your first dollar).

 

Either address the examples previously given or stop talking. You are speaking in meaningless generalities - making no attempt to back up your claim - or address the examples that refute your premise.

Not to many University Students are not in tough financial conditions. Could these folks gone into janitorial work and saved every penny after high school... sure - but your claim that these folks made an intentionally bad choice is false.

The same can be said for someone who decides to start their own business - this is not an "intentionally bad choice".

This is the third time I have brought up these examples that counter your claim - and the third time you have ignored these examples - repeating your premise over and over - as if repetition is proof of claim.

If you can't do anything other then repeat your premise - I might as well be talking to my cat.

 

It was a large home years ago, but not these days. For single family homes, it's just a little larger than average.

 

1) Don't borrow money for a degree that won't guarantee you a full time job immediately at graduation. Simple.

2) Don't try to live independently, with poor job prospects, while trying to pay off student loans. Simple.

3) Don't open a small business unless you have the capital to weather a year or two of recession. Simple.

CHOICES!

 

All just simple stuff you think - preposterous nonsense you speak.

 

If I wrote 400 in car insurance that was in error. I think it was 400 in food. And you would be eating lots of beans and rice.


The reason for low income is low IQ and the fact we are a servant service sector economy. Our value added jobs were shipped to exploit the poor of the world in authoritarian based govts that demand their poor work in sweat shops.

You can't gut our value added economy and expect service work to be a ladder up from poverty.

Sure some people live beyond their means and go into debt but you must have an economy that provides a living wage or you get increased poverty from those that still work.

There is a time to blame the individual but also long overdue is blaming the bastards who disembowelled our people by not having an economy that provides for your citizens.

 

There is nothing simpler than saying no.

We learn it as small children.

 

Low income is because of low IQ? I don't even have a coherent response for that absurdity. Do you understand the effect of environment on critical thinking or deductive reasoning?

What percent of the US population actually make MW, and what is the demographic of that group?

What is a 'living wage', how do you adjust for different geographical areas, demographics and cost of living?

What happens to those who were making more than MW if a 'living wage' were to be instituted, and the overall impact on the local economy? Please provide time frames for each impact, and it's ripple effect for the different demographics.

I would love to see manufacturing jobs return to this country. I would love to see the entrepreneurship of 30-50 years ago return, rather than the predatory business models that have been a mark of US businesses since then. Getting businesses to return their operations here require a number of steps, and the temporary loosening of some regulations and laws may be needed initially to do so, and the screeching when that is done echoes quite loudly.

 

But for those who know how to work the system it's no longer a safety net, it's now a hammock.