Crazy to think only a few decades ago, a single working parent in a factory could support a whole family, even buying a nice house and a vehicle.

@christiandauz3742

2 жыл бұрын

Mississippi has been a shithole since the 1970s Population is going, spending money we don't having on a bloated, useless military Billionaires shouldn't exist. They should be forced to give excess wealth to government, relatives or trusted charities

@joelc9439

2 жыл бұрын

No, vehicles were expensive back then.

@malicant123

2 жыл бұрын

@Bob Indeed. The best friends that corporate capitalism could hope for are lefties. These people have damned us all.

@abdourahmanealkhalifa191

2 жыл бұрын

This is a result of outsourcing manufacturing to China, which only has benefited the upper class who own shares in these companies!

@wojak8297

2 жыл бұрын

at least you can buy stuff by printing dollars (aka credit cards), here in mexico we have some manufacturing jobs but they pay a misery and prices raise and raise, and credit card interests are exhorbitant so we can not purchase anything, we only survive. People in wall street are the biggest winners, because they use the money they print to buy assets like real estate and stocks and they get richer and richer.

This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. Things are getting worse these days, if you don't find means of multiplying your money you might wake up a day to realise you didn't plan well for yourself and family.

@mnthunder

4 сағат бұрын

I agree with you and I believe that the secret to financial stability is having the right investment ideas to enable you earn more money, I don’t know who agrees with me but either way I recommend either real estate or bitcoin and stocks.

@Aimee966

4 сағат бұрын

I keep wondering how people earn money in financial markets, i tried trading on my own made a huge loss and now I'm scared of investing more.

@divlweb

4 сағат бұрын

@@Aimee966 Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.

@Aimee966

4 сағат бұрын

I’m Glad i stumbled on this. Please, if its not too much of a hassle for you, can you drop the details of the expertise that assisted you and how to get in touch….

@divlweb

4 сағат бұрын

@@Aimee966 I get guidance from *Susan Tori Davis* Most likely, the internet should have her basic info..

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

@kansasmile

Жыл бұрын

Collapse is generous 1st time in our history with a full generation that wasn't taught financial literacy, civics, Google fixes their problems if their parents don't do it for them. Reckoning for participation trophies is incoming.

@shirleneunglesbee1423

Жыл бұрын

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

@blaquopaque

Жыл бұрын

@@shirleneunglesbee1423 Hi Mate, please how can i reach this CFA of yours?

@blaquopaque

Жыл бұрын

@@shirleneunglesbee1423 I searched her up online and checked out her credentials since I was so intrigued. Top-notch! I emailed her to inquire about accepting new clients.

@-Swamp_Donkey-

7 ай бұрын

Whatever you do, don’t take a serious look at what Jews who’s family immigrated to America from Eastern Europe around the turn of the 20th century have been doing.

The broad-based Standard & U.S. consumer confidence has sunk to record lows, thanks mainly to inflation. Retail spending, home-building, and manufacturing output all declined and those who drive the U.S. economy, are starting to cut back on discretionary purchases, such as appliances and services. Regardless of our market conditions, however, we should continue to promote savings and smart investments.

@MIchaelGuzman737

Жыл бұрын

There is a very critical situation for people in the United States and other countries. The world economy is going in a very bad situation. Inflation and unemployment are on the rise۔

@MIchaelGuzman737

Жыл бұрын

There are several reasons why I invested under the guidance of an investment advisor, i.e. someone who establishes an asset allocation that matches my risk tolerance and capacity, my investment horizon, my current and future objectives. "LISA ELLEN SHAW" provided all of this and I don't want to go ROI on a public space.

@greekbarrios

Жыл бұрын

@@MIchaelGuzman737 There is this podcast i was listening to and it said something venturing within your tolerance and risk capacity, see you mention it again got to me. How can one reach this advisor of yours?

@MIchaelGuzman737

Жыл бұрын

@@greekbarrios Just look her name up on your browser, it shouldn't be a hassle finding her webpage since she is quite known.

@jarodarmstrong509

Жыл бұрын

Saving is a terrible idea aside from keeping an emergency fund or a planned purchase that fits into your overall financial picture. Any money beyond that needs to be invested in assets beating inflation or you're moving backwards despite the self sacrifice

My dad and mom didn’t go to college. They both graduated high school in 1960. Dad was a plumber. Mom was a homemaker. They had four kids. Owned a nice house. And all the kids went to college. That life is gone nowadays for young people.

@joeldiaz5857

2 жыл бұрын

Plumbers make boat loads of money nowadays

@dohc1067

2 жыл бұрын

You just described my family as well. My dad was an independent building 👷‍♂️ contractor and my mom was a homemaker as well. My brothers did go to college as well. These days are truly challenging. Well stated.

@dohc1067

2 жыл бұрын

@Joscha Wexler And sir just those few words tell my story as well. I miss so many aspects of it. Well stated.

@dynamichunter843

2 жыл бұрын

My grandparents didn’t finish college. Grandma was a bank teller, grandpa was in the army and worked at a pool store. They have a nice house (for LA standards) and supported 2 kids through private colleges and were never struggling. I’m a CS new grad and don’t even see that happening to me if I ever have kids

@jinshuozhang3104

2 жыл бұрын

How can you think that kind of lifestyle is sustainable? You parents were able to do so bcos the country benefited from being the superpower post WW2. Now the country is losing in global competitions and so normal peoples lifestyle back to what it should have been

Rent, cost of college, daycare and pre school, and health care costs are out of control. Most of my friends younger than me have chosen not to have kids, and I don't blame them at all for that decision.

@KN-ko8ez

2 жыл бұрын

Don’t forget being taxed to death. I am a hard-working middle class American just like you, and paid more in taxes last year than a lot of people bring home in annual salary. Ridiculous.

@HonorableBeniah-A

2 жыл бұрын

White supremacy is coming to an end in America.

@ejhockey

2 жыл бұрын

This is spot on. I am 37 and have decided not to have kids due to the exact reasons you listed. Rent, college, daycare, and health care. Exactly those four, the things that are necessary to live and raise a family are being criminally overpriced because there are no alternatives.

@maceinater

2 жыл бұрын

@@HonorableBeniah-A the hell, wrong comment section buddy.

@muhammadibrahim3962

2 жыл бұрын

Modern life style of human bieng is deteriorating the ability of humans to produce life and certainly soon it will completely end life generating capabilities of human bieng.

Working under some one is like imprisoning yourself they get all the money and you get little pay, may God help us.

@parkerrosemary-it4kr

4 ай бұрын

Yeah that's right, how many millionaire you see working for salary of $5,000, my advise to to get second source of income.

@patrickalex-rt3lq

4 ай бұрын

​@@parkerrosemary-it4krYou're absolutely right, to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.

@trumpkane-fe9ig

4 ай бұрын

I agree with you. Investment is the key to sustaining your financial longevity. And not just any investment but an investment with guaranteed return.

@kevinfaith-oy5gh

4 ай бұрын

Exactly and many of us don't know where to invest our money so we invest it on wrong place and to the wrong people

@scottjohno.7335

4 ай бұрын

Obviously talking about been successful, I know I am blessed if not I wouldn't have met someone who is as spectacular as Debra Barton​@@kevinfaith-oy5gh

It’s happening here in Canada too. It’s frustrating. You get a “professional” job and still struggle. Not sure what’s going to happen if this keeps going on.

@AnnaFelkaTattoo

Жыл бұрын

Canada is worse in some ways. In BC and Ontario it’s not possible to buy a home. My sister moved to PEI to be able to afford a house but the wages there are super low and now tons of people are moving there from other provinces so things are going up and less developed provinces can’t support all the people coming in

@mathewvanostin7118

Жыл бұрын

In north america, you are suposed to leave the popular big cities. In some cases the popular states-provinces. Once youre ready for the owning your own house life For example, if you lived in Toronto city. leaving the city to live in a small town 30 km north from Windsor can be a winning action. Cause houses/appartement are cheaper If you live in Los Angeles-new york. Maybe moving to a small town in Texas. Might be winning action You can also move to a less popular big city. Going from Vancouver to Calgary or Winnipeg Saskatoon will make you save money Going from San Francisco to Portland will make you save money etc

@sixstanger00

Жыл бұрын

@@mathewvanostin7118 The jobs in that small Texan town won't pay the same as the jobs in L.A. though. It's easy to think, "I'd have plenty of money living in a rural town in Texas making $300k." Well sure, but no rural town in Texas is going to pay $300k. The average "high" income in cities like Jackson, MS or Birmingham, AL is around $250k, and those places are anything but rural. I live in a small rural town in Alabama, and a lawyer with his own law firm might earn around $150k a year. Most folks here are lucky to earn $30k.

@lychenus

Жыл бұрын

@@mathewvanostin7118 wtf is even 30km north from windsor? still 400k condo for 1br? and wheres the job to support that??

@rolandmerovee8741

Жыл бұрын

Civil War everywhere ( I am frénch) . Thé great reset for politicians😁😁

My grandfather was a mail carrier for the USPS and grandmother was a homemaker. With that one salary they bought a house, raised four children, and sent all four children to catholic school. They didn't have money for any extras, but they had enough for food, healthcare, clothing, etc. and didn't receive food stamps or any government assistance. That would be impossible to do today.

@krayziejerry

2 жыл бұрын

with one salary, one can be expect no money for children, wife, and bordering being homeless.

@randomlygeneratedname7171

2 жыл бұрын

The rest of the purchasing power is going to the central bank slowly overtime. Politicians are not allowed to lift that paper currency of their own nation and start talking about it. It's supposed to be an independent institution so they "run the economy the best way" with trillions in debt apparently.

@sriku1000

2 жыл бұрын

"A great watch - What are you? Collective Realism kzread.info/dash/bejne/hWmal9yEo7GXdKg.html

@kaylaleave

2 жыл бұрын

Usps pays minimum wage

@irongoose3865

2 жыл бұрын

Two things to blame, democRATs and the federal reserve monetary system. Eliminate both and the country can get back on track.

„If they’re in their thirties, they may not feel comfortable having kids because they’ll realize that having a child would be too expensive.“ Exactly. Same in Germany.

@LTilli313

2 жыл бұрын

Uhh yea, I'm 36 yo woman and do not want to have kids. My mom tells me I will regret it, but I make $40K/year .., can't imagine having a child on $40K/year in the US, it's simply not possible. **Edit -- I should say I want kids, but I just "can't" have them due to financial reasons. If I made more, I would adopt or foster 😊**

@malicant123

2 жыл бұрын

@@LTilli313 I'm in the same position, more or less (I'm 35). I think a lot of the older generations simply don't get many of our generation do not want children because it either isn't an option at all or because having a child would mean that the child would grow up poor. I would want the best life for my children, and I cannot provide it.

@aeskewprop

2 жыл бұрын

Except in Germany you have TONS of social services, including medical treatment. Here, you have nothing. I got pregnant without "maternity" insurance- I had standard health insurance,which costs me thousands a year, but no pregnancy coverage- and I paid $20k for my baby, out of pocket.

@NoctLightCloud

2 жыл бұрын

in den 90er Jahren mussten meine Eltern noch Kredite aufnehmen, um sich einen großen Wohnzimmerschrank & TV-Kommode leisten zu können. Heutzutage können sich Leute in ihren 20ern solche Dinge ohne jeweiligen Zusatzaufwand oder -belastung ihres Geldbörsels leisten. Ich bin zwar auch eine Person in den 20ern, aber ich habe nicht viel zum Beschweren, da ich mir heute (subjektiv gesehen) mehr leisten kann als meine Eltern in meinem Alter. Dass ich einen Kredit auf 30 Jahre aufnehmen muss, um eine Immobilie zu kaufen, liegt nur daran, dass ich Single bin (ein potenzieller Partner/eine Ehe könnte das Einkommen mehr als verdoppeln) - und vielleicht auch, dass ich mir mindestens 2x/Jahr einen Urlaub leisten möchte.

@NoctLightCloud

2 жыл бұрын

@@aeskewprop Yes but in Germany, the taxes (especially on companies) are also high. The USA is a land of free when it comes to corporations compared to Western Europe where they take away often times even 50% of your profits by enforcing high taxes. If the US were to introduce MUCH higher corp.taxes, yes maybe you'll have companies fleeing the country, but you'll also have more to provide. You can't pool resources out of an empty container

It's insane how a family who makes $100,000 a year is stuck renting and can't buy a property of their own (in the area they live in at least). This is not normal and needs to change

@sidology1.0

Жыл бұрын

Airbnb has been effecting that issue as well

@domcizek

Жыл бұрын

NOT ENOUGH HOUSING BUING BUILT, ALSO ZONING LAWS MUST GO, THE NIMBY IDEA MUST GO

@LassieFarm

Жыл бұрын

It will. Big crash coming

@domcizek

Жыл бұрын

@@LassieFarm WITH HIGHER INTEREST RATES COMING ON, HOUSING WILL BE GOING DOWN, TO MAYBE AFFORDABLE LEVELS,,

@domcizek

Жыл бұрын

HOW DO YOU EXPECT TO CHANGE THIS, THE ONLY WAY IS TO SPREAD OUT ALL THE FACTORIES TO OTHER LESS POPULATED STATES, AND MOVE PEOPLE THERE TO AFFORDABLE HOUSING,

Five to six decades ago, my dad, with an 8th grade education, bought a house, two cars and three harleys, while in his 20's. My mother was a stay at home mom. Different world today. Need a massive amount of income to afford a similar quality of life as what it was in the 60's and 70's.

@jsebby2284

Жыл бұрын

Quality of life now is significantly better than it was 6 decades ago

@krzzzy19

Жыл бұрын

Bunch of illegals and immigrants making low income skewing statistics

@abdirahmanidris290

Жыл бұрын

@@jsebby2284 how do you measure quality of life. Owning homes is a massive part of that and that is decreasing.

@jsebby2284

Жыл бұрын

@Abdirahman Warsame and home ownership rate is higher now than it was 6 decades ago I feel like it's pretty obvious what quality of life is. Rich people didn't even have a computer 6 decades ago - now poor people have one in their pockets. 6 decades ago black people didn't even have equal rights. Healthcare is better, education is better, were richer, etc

@abdirahmanidris290

Жыл бұрын

@@jsebby2284 agreed but it is still worrying how difficult it is to own a house not to mention the ridiculous property taxes you have to pay.

And people wonder why younger people aren't having kids.

@rutherford5619

2 жыл бұрын

Teenage pregnancy is at all times high world wide. I'm not sure about the us

@yellowRose806

2 жыл бұрын

@@rutherford5619 it's too common. I was in high school 10+ years ago and it was scary seeing how many girls were getting pregnant.

@jen139222

2 жыл бұрын

People are having kids to get more food stamps n everything else that comes with a new kid.

@jlr194

2 жыл бұрын

Exactly, you can barely feed yourself, why bring an innocent child into this world just to have him suffer, you have to be financially stable to have a family these days.

@I_like_turtles_67

2 жыл бұрын

You can also blame feminism for that.

My daughter is 25 and still lives at home with my wife and I. She works full time and saves most of it. I told her to keep saving until she has enough to buy her own house to live in or rent out, or save enough until she has enough money to start her own business. She only has to pay the electric bill, so she's stacking up lovely. That's one way to make it. Family should help family if they're trying to make it.

@Tangarisu

2 жыл бұрын

8

@ShaneCM

2 жыл бұрын

You are great parents, a true blessing providing such a great support system. I hope she continues and reaches her goals.

@Striker50_

2 жыл бұрын

She's going to be saving for a longgg time

@Dainja

2 жыл бұрын

@@Striker50_ , patience and persistence is a virtue my friend. 😃

@JoJo-ie8sl

2 жыл бұрын

Did she go to college or university? If yes, how did she pay for it?

The financial system has been artificially pumped for over a decade to ensure big pockets were lined; and now those same hands will make a fortune in the largest transfer of wealth in human history by shorting it on the way down. Inflation does have a roll, but that's to keep everyone panicked, and focused on their bills and expenses, rather than focus on the capital crimes of politicians and corporations,I'm still at a crossroads deciding if to liquidate my $338k stock portfolio, what’s the best way to take advantage of this bear market??

@Dannyholt33

3 ай бұрын

Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.

@PatrickLloyd-

3 ай бұрын

Certainly, I've been consulting with a Certified Financial Planner (CFP) since the outbreak. Beginning with an initial fund of $80k, my advisor makes decisions on when to enter and exit positions in my portfolio, which has now expanded to around $350k.

@PhilipDunk

3 ай бұрын

who is your advisor please, if you don't mind me asking?

@PatrickLloyd-

3 ай бұрын

Her name is Amber Dawn Brummit can't divulge much. Most likely, the internet should have her basic info, you can research if you like

@PhilipDunk

3 ай бұрын

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

I’m an Italian and I lived in several cities here in Italy and I was astonished by the number of Americans I have met in my country! Italy is well known for being ABSOLUTELY NOT IN A good economic/financial/ jobs situation. So it amazed me to see so many Americans moving here (forever!) cause I always thought “why would you leave an amazing country like the USA?”. I always asked this question and the answer was pretty much the same: they said the situation is out of control and that in Italy life might not be easier but at least it is way enjoyable and that the American dream is utopia. I have always dreamt about moving to the USA for better opportunities but when I said that basically all the American friends here in Italy told me to look somewhere else… 😔😔 it’s sad

@Thunderwell

Жыл бұрын

Haha.... When the "American Dream" becomes "Living in another country because America is getting bad." Its funny and sad.

@glen4326

Жыл бұрын

I would still say it is good here in the US. People come here and are still making it. They find a way. We have very low unemployment rate. If you have a talent you will do fine. And inflation is high everywhere at the moment. I wish you the best.

@longhai6458

Жыл бұрын

@@glen4326 low unemployment rate? Not everyone have talent you know . Only us and eu where inflation is high

@kwanman5146

Жыл бұрын

@@longhai6458 This goes beyond recent inflation hikes. Everybody in the middle classes are being ripped off. Across the world. Only Corporations are making serious money. This is structural and has been happening since the 1980s. Unions dismantled and workers rights eroded. Hell at least we have healthcare in Europe still. In america it can't be right you could be bankrupt if you get ill.

@eddyeroyal6024

10 ай бұрын

I will say it depends on what you do, and don’t live above your means.

I'm 67. I remember when it was possible, if you lived at home with parents who didn't charge you rent, and you worked a part time job (full time in summer), you could easily pay for college at a state university. I did. This is unimaginable today.

@jameshersom2536

2 жыл бұрын

My summer job barely covers 1/3rd of my college anymore. I’m not even enjoying it anymore.

@jameshersom2536

2 жыл бұрын

My summer job barely covers 1/3rd of my college anymore. I’m not even enjoying it anymore.

@ngndnd

2 жыл бұрын

@@jameshersom2536 go to a school that pays for half ur tuition. Home depot, lowes, target (depending on ur school)

@manicpepsicola3431

2 жыл бұрын

@@ngndnd that's if they give you the hours to be an employee that is eligible for benefits

@dojocho1894

2 жыл бұрын

My Uncle was a Vascular surgeon in NJ He said he bartended at night to help pay for med school.

Chantal’s story is so relatable. Taxes and insurance eats a HUGE portion of your paycheck, and you still find yourself out of pocket for healthcare costs. It’s insane

@randiaz95

2 жыл бұрын

Its way more taxes than 500 if you make six figures… more like 4k a month in taxes

@pisces031372aj

2 жыл бұрын

@@randiaz95 I make six figures and my total payroll taxes are not that high. Not even close. I guess it depends on what you mean by six figures. 100,000... no...500,000... maybe. You don't need to exaggerate to make a valid point.

@ioanpena

2 жыл бұрын

Move very very close to Mexico border , stop paying medical insurance and go across the border for any medical related issues...

@divinefeminineoracle5825

2 жыл бұрын

That graph though.. the only classes growing are the rich, and the poor.

@cody5596

2 жыл бұрын

It also depends on where you live too. I do think he exaggerated a little but some states have a giant state income tax percentage.

I am 50. I worked full time and paid my way through college by going part time. Credits were $100. The first house I bought was from an old lady for 28K in the mid 90's. It all changed in 2008. Home prices began to rise then the housing market collapse. Home prices never went back down. Over time a decent automobile went from 20K to 50K. Food prices are now insane and wages have barely risen.

@jessicah3450

Жыл бұрын

Exactly, they said the recession was over, but it was never over for average people. What they're calling "middle class" in this video sure sound like they're poor!

I'm 27. I live in Maine, a place where ambition goes to die. I come from a very ordinary, blue-collar family of sticks in the mud. I've never been to college, never had my own place, and haven't had a relationship since high school. Instead, I've been quietly saving and saving to finance my life of being a digital nomad and after several years of hard work I'm finally seeing that dream close to being realized (assuming nothing crazy happens). My advice is follow your heart, avoid the rat race, and don't be afraid to leave America/Canada/Europe/Australia in search of a better, cheaper life elsewhere. Because things are only going to get worse.

@johndoe-fq7ez

Жыл бұрын

I feel you man. Big time

@Ominiumshadow24

Жыл бұрын

Everyone needs to stop saying. Everything is going to get worse. You all act like its the end of the world. But there's better places outside america

@jessicah3450

Жыл бұрын

You're lucky you have your health to do that, good luck.

Productivity is up but wages are stagnant for everyone but the higher ups. House prices are thru the roof and real estate is being gobbled up by mega corporations. I can't imagine why the middle class is disappearing.

@Panda_J1

2 жыл бұрын

not to mention politicians keep raising taxes in order to fund whatever nonsense they want to pass

@Yandel21ableify

2 жыл бұрын

But we have the richest people in the world

@hom2fu

2 жыл бұрын

@Craig Namerow raising prices are hidden tax. let's go brandon

@oriplaydirty

2 жыл бұрын

But America is still the best country ever am I right🤡

@MX-CO

2 жыл бұрын

I Hope they all lose their ass on the rel estate, Can't wait for that big bubble to pop

31 no kids, college degree, no healthcare, never married, never owned a home, renter for life, never made more than $35,000 in a tax year.

@kwamestanciel2513

2 жыл бұрын

Ouch

@aufache

2 жыл бұрын

Same - except im still looking for a reliable job.. and Im a few, but not many, years younger 😔

@katakouzina

2 жыл бұрын

at least you make 30k not 10k

@Gchang54

2 жыл бұрын

But did you die?

@gl3936

2 жыл бұрын

@@Gchang54 well he has no healthcare so might as well

I live in Ontario Canada and the housing and cost of living here is disgusting. I’m trying so hard, I own my own business, and I still have trouble making ends meet. I don’t want to be rich I just want so bad to have a family and a home. If I could have a child and a stable place to live I would be over the moon and it breaks my heart that for so many people that’s just impossible

@ethanking4995

Жыл бұрын

I hope you can make it happen! I want the same thing but good people are hard to find these days

@andrewmorton395

Жыл бұрын

Its same here in the UK

@ethanking4995

Жыл бұрын

@@andrewmorton395 yeah I have been comparing the home prices in NC where I live and most of the houses are around 60k-100k more than they were 5 years ago. I bought spaghetti ingredients, ice cream, and a few other items and cost me $74. Im great but stuck here in the lower end of the middle class. Gonna have to start calling it upper lower class.

Cliff Notes: Middle class is shrinking because the gov’t has been literally sucking the life out of it for the past several decades.

@denverspin

Жыл бұрын

No. That’s what they want you to believe. It’s the people that control the government, who is sucking it dry. Who is that? The oligarchs. The super super ridiculously wealthy. That’s who.

@denverspin

Жыл бұрын

Transfer of wealth via lobbyists and the government.

@denverspin

Жыл бұрын

It’s a big club, and we aren’t invited.

@user-dx1jb4zq9e

7 ай бұрын

There is no "the government" that exists apart from wealthy and corporate donors that throw money at it so that it does what they want. So the problem isn't the government. It's the people who have captured it and turned it into an arm of private financial interest.

@windsofmarchjourneyperrytr2823

5 ай бұрын

Brilliant to charge self employed 15% tax, then wonder why all the retail vacancies, too

I don't understand how the average person is supposed to afford rent with the prices increasing so drastically.

@krayziejerry

2 жыл бұрын

It's part of the plan to bankrupt the whole world and have big gov come in and save everyone.

@thephilosopher5799

2 жыл бұрын

@@krayziejerry yeah I know. Its crazy what happening as the days and world go by

@pinkforeverlove1

2 жыл бұрын

I make 51,000 and I am struggling. Considering a second job. I have no kids and it’s crazy.

@nyalan8385

2 жыл бұрын

"Just get a house then" - prime minister of australia

@krayziejerry

2 жыл бұрын

@@pinkforeverlove1 I remember talking to somebody from the 1960's. He said that minimum wage was about $1.60/hr and 1 gallon of gasoline was $0.25. This means that you can buy around 5-6 times the amount of gasoline with minimum wage during that time. Fast forward to present time for example, gas is about $5.50 - $6.00 per gallon and minimum wage is $14 in California. This means that we can only now buy a little over 2 times the amount of gas, compared to 50 years ago with 6 times the amount, to summarize, our purchasing power in 2022 is 3 times lower than it was in the 60's and minimum wage, if kept up would be at around $33 dollars per hour. Also keep in mind that men use to raise their families on minimum wage half a century ago just fine with no wife working. Nowadays it's borderline homelessness.

"The wealthy, have all the money and pay little to no taxes, the working class pay all taxes, and poor families are there to remind the working class what would happen if they quit that job they hate so much." -George Carlin

@joea400

2 жыл бұрын

Don't blame the wealthy for paying little to no taxes. They pay what they are legally required too.. Just like you... Blame congress that keeps the tax laws the way they are...

@lynth

2 жыл бұрын

Because that's how capitalism works. Exploiting the general population to make the rich richer. In imperialist societies, that exploitation is exported and it's foreign population that get oppressed, enslaved and murdered. Once the foreign populations liberate themselves and become independent (e.g. China), capitalists need someone else to exploit... if no other foreign victims can be found, they will start exploiting their own people. Capitalism always fails. Capitalism is always unsustainable. Capitalism is inherently harmful to human society.

@catherinelw9365

2 жыл бұрын

Try reading a real economics book instead of educating yourself with comedians. Good God.

@jasonkauppinen3475

2 жыл бұрын

"The wealthy, have all the money and pay little to no taxes" George was wrong on that one.

@taragnor

2 жыл бұрын

@@jasonkauppinen3475 No he wasn't lol. Look at the wealth distribution in the US. The elites own a vast percentage of the total wealth, and pay virtually nothing in taxes. Hell if you look at corporations like Amazon, they do pay nothing in taxes.

I think another thing contributing that could easily be stopped is corporations buying single family homes and renting them back to people, this pushing up housing prices. This should be made illegal as it just exacerbates wealth inequality and makes life more expensive for everyone for the benefit of the super rich.

My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in the US.

@Natalieneptune469

Жыл бұрын

As with any big financial decision, it’s important to keep your guard up for economic risks. However, smart planning, time management and seeking advice from a financial adviser can help keep you and your money safe

@PhilipMurray251

Жыл бұрын

@@Natalieneptune469 I agree with you. I ventured into stock with less than $100,000, and now I'm about 17,000 short of half a million dollars. Credits to Nicole Ann Sabin . She's verifiable.

@Robertgriffinne

Жыл бұрын

@@PhilipMurray251 Thank you! i just looked her up and sent a message hoping she gets back to me.

@wiebeplatt4749

Жыл бұрын

@@PhilipMurray251 I just looked up this person out of curiosity, and surprisingly she seems really proficient. I thought this was just some overrated BS

@junyaiwase

Жыл бұрын

these bot comments are ridiculous bruh

Another thing that bothers me when people talk about the middle class is, no one seems to care about the singular middle class person. It's just about families. It's almost as though the people who've decided not to have a family don't matter, as though we don't struggle too. When things are put in place... tax breaks and such... it only seems to benefit families.

@dianewebb1855

2 жыл бұрын

Especially when it comes to affordable housing as a single person.

@jerryrichardson2799

2 жыл бұрын

Correct and voted up.

@jerryrichardson2799

2 жыл бұрын

@@dianewebb1855 Totally agree with you, thank you.

@TraMychael

2 жыл бұрын

Agree!

@KRYMauL

2 жыл бұрын

The American dream is house with two or three kids and a couple cars out front. Clearly by this definition single people don't count. A single person.

In 1965, my parents bought their 3bdrm, 2bathroom home in southern California for under $20 000, on an aircraft mechanic's salary. When they passed away in 2017, that same house went on the market for over $475 000. Their working grandchildren could never afford to buy that house. The middle class is dead.

@mocheen4837

2 жыл бұрын

My parents purchased their house in the 1970’s for $50,000. Today their house is worth over $2 million. The housing in San Francisco is out of control.

@angelgjr1999

2 жыл бұрын

My parents bought their home in 2016 for 150k. Now it’s “worth” 320k. The dollar is worthless.

@empirestate8791

2 жыл бұрын

That's because not enough new homes have been built!

@unkelfaka6216

2 жыл бұрын

@@empirestate8791 Land and building costs are extremely expensive.

@StochasticUniverse

2 жыл бұрын

@@angelgjr1999 Not accurate at all. The dollar is actually higher, right now, against a basket of other currencies than it has been in years. Pandemic notwithstanding, now would be an economically ideal time to take European or Japanese vacation. It's been years since the last time the dollar went this far in overseas markets.

I’m so happy I didn’t sell my home and upgraded years ago. My $700/ month mortgage is less than most of my friends’ rent. I’m going to remodel and stay put out here on the prairie in my little house. Had I still been raising kids, I don’t think we’d make. This solidified me living far beneath my means and a minimalist lifestyle. So thankful I do not have to commute 500 miles a week. The gas cost would crush my budget. My heart goes out to those who aren’t as fortunate. I gave away so much of my couponing stockpile during COVID. We have to go back to community outreach and help our neighbors. You are seeing ppl being forced to move out with only a moment’s notice. I have never seen so much population growth where I live. The city can’t keep up with the infrastructure needs. We had more four way stop signs than traffic lights. Now, roads are being widen due to traffic from ppl moving out here. Greed is fueling this foolishness.

I don't have $100 to cover any cost. It's sad. This country is sad.

"The reason it's called 'The American Dream' is because you have to be asleep to believe it." - George Carlin

@Golems_wrath

Жыл бұрын

Ironically he'd wasn't on your side dumb Republicans and was in support of a living wage and making sure companies won't raise prices. Burn

@pablo8524

Жыл бұрын

Deep…

The middle class isn't shrinking, they just can't afford the things they use to anymore... WELL THEN THEY'RE NOT MIDDLE CLASS ANYMORE ARE THEY!?!? ffs

@keirfarnum6811

2 жыл бұрын

Yup.

@okamijubei

2 жыл бұрын

Being middle class is not about affording things, it's about having a stable financial life. Like too rich to be poor and also too poor to be rich.... and look like those times are being wiped out again. Will it ever return...? The answer is I don't truly know... it's not just up to politics... it's also up to the resource values and to us to make things economically stable again...

@matthewgunning9055

2 жыл бұрын

@@okamijubei dude, that's literally politics

@Fakeslimshady

2 жыл бұрын

Listen to CNBC tell you why you are disappearing. That will work.

@okamijubei

2 жыл бұрын

@@matthewgunning9055Gunning I'm speaking of economics. Why make almost everything political? Not everything has to be political. And why want things to be rich or poor? That's what the communists do.

I am not afraid to die, because I know I will go on to a place where money and greed doesn't exist, and everyone can be equal. Money is all that matters here, and wealth is the one thing you can't take with you when you die. I've never been impressed by materialistic people. Only disgusted. The only thing that will matter on the other side is what you have in your heart, how you treated others, and the deeds you did. Love is the true wealth. And evil people will get what they deserve in the end.

Former middle class, here. Now live pay check to pay check, no job security, can’t afford benefits like medical insurance, but don’t qualify for any assistance. Don’t have a pension or retirement fund. Don’t own a home and never will. Don’t go on vacation. Can become homeless quite easily. This is not how I grew up.

I had a conversation with my parents and grandparents last christmas. It was shocking talking to them about the generational changes about the middle class and how much easier it was to provide for your family. The American dream is slowly dying year by year.

@id10t98

2 жыл бұрын

Keep voting RepubliQanon because multi-billion dollar corporations, millionaires and billionaires need more tax cuts, they promise the next one will really work!

@Mikejones-vy9dx

2 жыл бұрын

Because of racists .. they feel the others don't deserve a good life

@GrandChessboard

2 жыл бұрын

@uno Mostly it is happening to Americans thanks to trickle-down economics...

@albertoalves1063

2 жыл бұрын

It's happining all around the world. I'm from Brazil and even though Brazil never had a economy like the US, life was easyer, my grandfather was a bus driver, had 4 kids and was able to aford a big house while he was working and when he retired he bought a small farm a tiny house in the near city and 2 cars, my parents and their siblings was unable to buy a house while working, had a time when things were cheap and affordble, now a popular car is getting around 100k and it's not a popular car for american standards, it's really not worth it. I know Brazil is not comparable, but we are facing similar things, but we are going wildly faster, what took for America 50 years, we did in 15~20 years.

@joelc9439

2 жыл бұрын

Obviously a lot of things were cheaper back then and people were happy with the simple life.

I hate the term squeezed, That's not what's happening. People are being systematically impoverished by ever increasing prices, corporate capitalism, and a government that is "By the rich, for the rich" . If we're being squeezed it's in the way that a lemon gets squeezed; juice extracted until all that's left is an empty shell to be thrown away.

@DavidEVogel

2 жыл бұрын

People are being systematically impoverished by ever increasing prices And this is the first time in modern history that inflation has been 7.5%?

@krunalraghavani228

2 жыл бұрын

Yeah

@deenanthekemoni5567

2 жыл бұрын

Very well put. They are CREATING a populace that's Entirely Impoverished on purpose. This didn't just fall into place, it was very maticulously and heartlessly *Planned* .

@user-wz4db1zn3r

2 жыл бұрын

If you cant beat them, become them. That's what I did. I used to blame others for the woes of capitalism, then I simply started my own business and got rich.

@vgxezo7371

2 жыл бұрын

@@user-wz4db1zn3r Same, used to be homeless and on the streets, but then I just bought a house. It's really not that hard people are just lazy and blaming others for their shortcomings.

I would love a part 2 to this with what we need to be doing to change this problem? I’ve heard the same concern about the rich getting richer and the CEO and shareholders (etc.) hoarding the bulk of the profits and not passing them along to workers since I entered the work force 25 years ago. It’s just getting worse and worse. As a single person who has worked in the non-profit sector my entire career and still has a loan from my MA to pay off, there’s not much I can put toward retirement. It’s getting pretty scary to think about.

@user-dx1jb4zq9e

7 ай бұрын

You're not going to get the part 2 because it means recognizing that there is no political solution to it. The solution involves removing money from politics, which probably means civil war and a good chunk of your ruling class going to prison.

You cannot put any "loyalty" into a company. The only way to get a decent raise is to move to another company and negotiate the amount you want. It's not personal - it's business. You cannot be afraid to leave a company to get what you want, what you need to live "your" happy life. The days of working a career at one company are gone.

I've been living paycheck to paycheck all my adult life. My parents will never understand why. And it can be very frustrating to not have them understand. My partner's parents are rich, in my eyes, and it's like an entirely new world. They don't blink: paying for a new backyard fence one week, then a new sunroom the next. My family of 8 would have to budget for years for each home project.

@redman0728

2 жыл бұрын

Yeah I live paycheck to paycheck too still living with my parents. Depressed most the time just cuz I think I'll never be able to move out on my own think I'm eventually gonna be homeless. Didn't work for like 6 years cuz im bipolar and didn't think I could do anything for awhile. But been working for over 3 years now part time as maintenance pushing carts.

@AZ-rg3rf

2 жыл бұрын

@@redman0728 well, atleast your going places

@dojocho1894

2 жыл бұрын

I am a Physician I had a Uncle who was a Surgeon. He said Dr's dont make as much money today as they used to. I look at the Dr. parking lot in the Hospital parking lot and its filled with Subaru's and SUV's. Back in the old days I remember seeing Jaguars Porsche and Mercedes.

@21silvermoon

Жыл бұрын

@@redman0728 l have Bipolar Disorder too. I work part-time but l have a roommate and other streams of income. Check Social Security for disability benefits. I receive it. I hope you keep going and hope you get better soon.

@SomethingSomethingg

Жыл бұрын

Molly, were your parents financially comfortable growing up? Because I always hear about these boomers or Gen xers or whatever who can't empathize with young people because they have achieved the American Dream. I seldom hear about people of that generation like my parents who have always lived paycheck to paycheck and often ask me for money. As a result, though, they empathize because they're reeling from the effects of it as well.

There’s a saying, “I would rather be rich, or poor, but never middle-class. The rich can afford health care and anything they want without worry. The poor qualifies for free health care and government assistance. Whereas, the middle-class have to budget for health care and other expenses; yet, not poor enough to qualify for government assistance.” Why are we middle-class citizens not doing anything about it? I’m surprised we aren’t out with torches and pitchforks to elect politicians not in deep pockets with the ultra rich. Unfortunately, the rich are smart; making us all too divided (R vs D) to work together against the real threat against the shrinking middle-class.

@dswan1418

2 жыл бұрын

The rhetoric is strong. People are convinced that a candidate's proposal to "raise taxes" means "raise them for the average citizen". What they don't understand is that no one wants to do that, they just want rich people to pay *their fair share*. If you break it down for people so they realize that upper income earners pay a *smaller* percentage of income tax than a middle income earner, to give just one example, who wouldn't be upset?

@barbarap6754

2 жыл бұрын

@@dswan1418 in many cases that just isn't true unless you compare capital gains taxes to income taxes. But hey, keep following Bernie Sanders.

@MikeyPaper

2 жыл бұрын

Such an underrated comment. This is the real issue.

@henryford2950

2 жыл бұрын

The reason why the "middle class" is screwed is that the owner-class of this country wants to eliminate competition, so they make sure to squeeze middle-income earners with more taxes and take all the share for themselves (bailouts, corporate subsidies, etc.) At some point, the ruling class realized it was more profitable to do so (because there was so much wealth the lower classes accumulated after WWII), and here we are.

@seanoneil8137

2 жыл бұрын

Well, some of us did support a set of candidates that would have done some big things towards making it possible, but we were called left-wing extremists or socialists.

$800 in car payments a month is killing that family. $280 for phones is right behind that. They make enough and are middle class - they are spending more than they need to and not saving enough.

I bought my home in June 2009, during the housing crisis and when the government was offering stimulus for homebuyers. I had no desire to be a homeowner, but my father (rip) made it his mission to make sure both of his children had a mortgage by the end of 2009. He and my mother gifted each of us $5k for the FHA loan down payment. We got $3k from Uncle Sam just for buying a house (i bought a fridge, washer and dryer with the money). Sometimes I didn’t like my dad for rushing us into home ownership. I wasn’t ready. A house is a lot of responsibility and most times the budget was tight - especially in those first 5 years. Large home repairs were a crisis, but I’ve made it through. I see now why my father saw it was a great time to buy and how important owning a home is as opposed to renting. My home’s value has doubled in those 13 years and my PITI is still $1200. That’s what I am required to pay, but I pay more and should have this mortgage paid off in 4 years. 13 years earlier than scheduled.

the middle class isn't disappearing,its been gone for a solid 10 years. Now we are split in two,those who can make rent and utilities on a full time job,and those who can't.

@msi8311

2 жыл бұрын

There’s still a slight middle class. This isn’t india.

@michaelmoise2660

2 жыл бұрын

Yep and it's for sure gone now, most of Americans that do own a home could not afford to buy it at today's prices.

@AnandA2155

2 жыл бұрын

@@msi8311 I think there is a sizeable population of middle class people in India. A lot of people were pushed into poverty during the pandemic but that is expected to revert when the economy spins into action yet again.

@sasstewart1222

2 жыл бұрын

That is not true.

@germancr3118

2 жыл бұрын

There's no middle class, there were a middle class never, it just a way to divide the working class, who are the people that sell their time to the owner class and it doesn't matter if you earn 10k/year or 200+k/year, the only classes that exist are working class and owner class

9:00 this is HUGE. That’s how I feel. Being middle class is great but then you get Zero benefits because the government says “you are ok, you don’t need any help” but it’s no longer the case.

@garyoakham9723

2 жыл бұрын

Biden don’t care about working people. He’s spending more to help Ukraine than homeless people in the us

@bengrimm622

2 жыл бұрын

@@garyoakham9723 technically that is just handing money to the rich....but ya...war....guns

@armenmed122

2 жыл бұрын

I agree

@jenniferwilliams5478

Жыл бұрын

I grew up as the working poor

Thank you so much for this video!!

$1200/month for car payments and insurance?! 😳

@mathisnotforthefaintofheart

Жыл бұрын

Well yeah, you need a Cadillac to get to work, right????

I had a social worker tell me once, "Poverty tends to move from one generation to another. It's bad enough to be poor and stay poor. But it's worse to become poor. This is the trend which radically changes society (2008?)".

@charliejennifer3874

2 жыл бұрын

I agree but think young people don’t have realistic expectations. And some have been spoiled and don’t realize that life takes effort so when they become independent young adults claim poverty but they are earning $60k. Stop drinking Starbucks, don’t get a new phone, live with someone to share bills, and drive an older car.

@hurrdurrmurrgurr

2 жыл бұрын

@@charliejennifer3874 Also don't get a degree or you'll be in debt the rest of your life but also get a degree or you can't get a job to pay your bills but you can still get a trade job which will be worth it until you get injured and are back to debt slavery. And that flat you're sharing with others is either going to be far from work causing your travel and maintenance expenses to rise or it's close but stupid expensive so if one room mate leaves and no one else quickly moves in you'll find yourself homeless. People have already stopped buying luxuries, it's why every month we hear about another industry millenials are killing yet the costs of living continue to rise so what should people do when they're already living tight and their rent went up again? Even if your avocado toast nonsense worked the death of consumerist industries puts more people into unemployment meaning more competition for remaining jobs, higher taxes to pay for them and less incentive for employers to raise wages. Factor in the aging population and automation replacing jobs and your victim blaming becomes more of a joke.

@blucantrell2

2 жыл бұрын

@@hurrdurrmurrgurr bravo. glad someone had the energy to refute the same old self righteous nonsense

@tim3440

2 жыл бұрын

Well dont live above your means if you dont want to be poor... If you compare that too the amount of subscriptions we have these days... Or the amount of ''lazy'' services... Like I live in the Netherlands... We dont even have to go to a bank anymore, we can fix everything on our phone... We dont even have to wait for groceries anymore, we can get them within 10minutes.... My grandparents lived (and worked) on the fields... Like please put it in placement of time. You say it correctly the middle class is nowadays not anymore the definition of what it was back in the days simply because we have a lot of hidden costs... They either drink a lot or smoke or they have a spotify or netflix or disney+ or amazonprime subscription... Like honestly it is a joke. Get rid of all those hidden costs and you can afford it..

@jarehelt

2 жыл бұрын

Blame the federal reserve system.. Banks lend out money they don't have and then charge interest on it. It is nothing less than legalized fraud and modern serfdom. This goes back to 1913 not 2008

When everything rises in price, but the income doesn't, it makes living alone challenging. Even more when you plan to have a family which multiplies the cost of living no lower than 10x the amount.

@perapelman7687

2 жыл бұрын

I could not agree with you more.What sort of hope is it left for us all??

@sebaschan-uwu

2 жыл бұрын

@@perapelman7687 stocks I guess

@icouldntthinkofagoodname7216

2 жыл бұрын

@@perapelman7687 my plan right now is to buy a used van, convert it to electric with solar panels on the roof to have it act as my "Home" for even saving up for a home is so costly. Learning to play in stocks to be a stable income and save enough to last me til my retirement Traveling my country with my van. Plan for having a family is way off my list unless I get lucky enough winning a lottery so I can buy a fast food chain franchise. Other than that, I'll continue living alone doing whatever I want and saving up at the side.

@ronmartin1375

2 жыл бұрын

Surprising the CNBC even recognizes the existence of the middle class.

@viper2148

2 жыл бұрын

Biden did that.

What Chantal said starting at minute 8:15 spoke to me so much! She is on POINT with that comment!

In 1983 I paid 1,080.00 per year for tuition at the state college and 255 a month for an efficiency apartment in town including all utilities. In 1989 I bought a small house on a half- acre of land in a wealthy oceanside town two miles from the beach for 75,000. Today it's appraised for 400,000. College and housing costs have gone so far above inflation it's no wonder the middle-class is having a hard time paying for either. I bought a fixer -upper house in 2017 for 123,000. Now it's valued at 335,000. Crazy!

I think the big problem here is that the prices of everything keep rising but income doesn’t, and there’s hardly anything ordinary people can do to stop it so how should it not be scary?

@CVal012

Жыл бұрын

The main problem is price rising. Why allow prices to go haywire like this. It s a man made problem.

@quietwind6931

Жыл бұрын

They want to nuke everything to build back better

@familyfriendlyvideos2241

Жыл бұрын

It's all of the governments plan,i worked for the COVID 19 vaccine and they have plans to lower the amounts of consumers since farms are having problems producing products for the masses of people

@admirationlakes8994

Жыл бұрын

KidRock put a song out about this just like 3 months ago. I've been so blind just always working my @ss off like a mindless zombie.

@-Swamp_Donkey-

7 ай бұрын

@@CVal012* Jewish * made problem

Chantal said it perfectly - even if you have a great job making good money, its not enough. I haven't been able to save in years just because of keeping up with monthly expenses. Our parents don't fully understand our dilemma, but we now have expenses that didn't exist 40 years ago: cell phone cost + bills, internet bill, computers and electronic devices. 33 years ago, my mom bought a house as a single mother with two kids on a $21,000 salary. I make 3x that without debt and I'm struggling to get a mortgage.

@monsieurLDN

2 жыл бұрын

Is everything you spend money on a necessity?

@swiftiepharbz

2 жыл бұрын

@Pork n jeans ever considered that there are people working remotely / online? especially since covid, we've all become more dependent on electronic devices. same for students too since they've been attending online classes.

@vdimension6300

2 жыл бұрын

@@swiftiepharbz in that case being able to work remotely and the savings that come from it should more than cover the expenses of the computing equipment required for remote work.

@taylorshin

2 жыл бұрын

@Pork n jeans O boy.. we just met a person awoken from a cryo-sleep!! Even your boss will kick you out once he finds out you can't be reached via any messenger or SMS. /facepalm

@swiftiepharbz

2 жыл бұрын

@Pork n jeans people literally depend on those devices as they are required for their jobs, which is what they need for their income. if you can live without electronic devices and your job doesn't require it, cool. but plenty depend on it now. not just for entertainment, but as well as searching and applying for work, communicating with their colleagues, etc.

Honestly, after I'm done with college I'm probably going to live with my parents (I am going to major in CS so I can work remote) and save for a down payment on a house and probably a business too, its the only chance I'll really have of making it into the middle class even with a great salary.

$1700 a month in rent and $800 a month for two cars? And your income is at $100,000? OK now my head is starting to hurt! You quickly turn that rent into a mortgage and buy 2 used cars that are paid off! Renting and car payments is a total waste of money! This is just financial education and she deff does not have that!

I've been teaching for 15 years and have my Master's. I bought my house for $55,000 (foreclosure). I count every penny in and out. I'm single. (stay with me, getting to point) I don't have Netflix, Hulu, Amazon Prime, or any other subscription service. I don't get my hair or nails done. I don't go shopping. I sold my car and bought a piece of junk in cash with super cheap insurance because it's a 1999. I canceled my life insurance. I can't keep up!!!!!! If I want to do anything extra, I have to have a roommate and/or a side hustle. I thought about adopting a kid. JUST by adding a kid to my insurance I would be going into the red each month (forget about getting the poor thing food or clothing). I'm very good with my money, but the cost of living keeps LEAPING while my paycheck, at best, is creeping up. The money I have left at the end of each month is always taken away by something (MRI, plumbing issue, etc.).

@user-zc6nj9id8o

Жыл бұрын

In your foot I would consider relocation to another country. You are native speaker of english so you could teach it. Just think about it. You could try to go to another country for couple of months and then decide if it's worth it

@maxlemusa3520

Жыл бұрын

Great you have your own home. Husband material here for free, hardworking, good with finances and we can succeed together, very handy. What do you think

@cherylT321

Жыл бұрын

Foster a child, then. The kid would have somewhere decent to live and you would get a small stipend for helping out!

@denverspin

Жыл бұрын

@@maxlemusa3520 awesome dude

I see a good amount of people saying they are taxed to death and how that's a main problem, but what if the problem was WHERE our taxes went? Many other countries have higher tax rates yet enjoy much better lives than many of us here in the land of dreams. I do recognize that we are essentially allowing other nations to live better lives by keeping them safe* with our ridiculous military spending, but isn't there even a small portion we can take from our military spending to invest in social policies, universal health care, etc. ?

@blucantrell2

2 жыл бұрын

your heart is in the right place but your military does not exist to protect other countries. It exists to subjugate them and destroy those that step out of line by threatening the hegemony of the American dollar/oil status quo.

@blucantrell2

2 жыл бұрын

@LightSound Geometry focus on the evils of imperialism, rather than the fact that they get well paid and retire with life left to live (if they live through their murderous invasions 😬). No good reason why all Americans couldn't be well paid and afford to retire young. that is the sort of thing Americans should demand from their system. But instead America is the murderous regime that simultaneously treats it's own population like disposable wage slaves. But I think you have a good point, their decent salaries foster a viscious loyalty from a base of the population that otherwise would not be afforded a higher quality lifestyle. It is a welfare program, exploited by the elites, in a society brainwashed against the common good.

@blucantrell2

2 жыл бұрын

@LightSound Geometry imagine if the funding was diverted to actually benefit and educate and provide for the citizens of the US. Dr Michael Parenti and Chris Hedges are the best commentators on the reality of American imperialism.

@blucantrell2

2 жыл бұрын

@LightSound Geometry they will take the western world down with them. but I have faith the end of the neoliberal nightmare is in sight within our lifetime.

@ksen333

2 жыл бұрын

I was with you until the "keeping other countries safe". That level of delusion is clinical.

I’m always amazed at the people who spend $1200/month on automobiles ($800 payment + $400 insurance) then complain they’re not getting enough assistance from the government.

@user-sw1nv7qz2c

5 ай бұрын

I pay $200 every 6 months car insurance. Every 2 to 4 years I try to get this down 10%. Insurance is a rip off.

…And yet people chastise us for not meeting traditional milestones when the whole game has changed

The housing market is through the roof and very competitive in bidding for a home. Us late millennials are having hard time looking for a home and are forced into a rental apartment thats owned by a commercialized property owner that I'll be paying similar to a 30 year mortgage rate. Also getting crucified by the outrageous taxes on the middle-class.

@thebastardgift

2 жыл бұрын

And as potential home buyers are pushed out of the market, tattooed to become renters, the rent goes up and renters who lived in the apartments before these newcomers have to move and there is nowhere to go. In the meantime some homeless shelters charge for a cot on a cement floor.

@Bwize716

2 жыл бұрын

Yea it’s tough time for young people trying to buy a home, guy at work keeps on getting his bids beat out even offers over asking price in cash.

@tira2145

2 жыл бұрын

All brought to you by the government.

@Sophie3647s

2 жыл бұрын

24. Probably will live with my family until 30 and won't ever have a kid

@tira2145

2 жыл бұрын

@@Sophie3647s why? Just live within your income.

And who's the ones to blame for prices going up? Answer: politicians. Left, right, middle. It is all of them. We pick sides when no one is really on our side. We fight over who's right when we are all fools.

@Dodo-ck5tq

2 жыл бұрын

You are correct.

@theroundman

2 жыл бұрын

So true. Left wing. Right wing. Same plane, headed in the same direction.

@omegalightning5715

2 жыл бұрын

@@theroundman we are nothing but pawns, are we not?

@djot1745

2 жыл бұрын

YES! The left hand and the right hand are just different sides of ONE body. None of them give two shakes about the people. Every single one of them leave office richer. The longer they are in office the more filthy rich they are. NONE of them will come save you when the problems THEY cause leave you destitute. Wake up people. It is a big club and we aren't in it!

@omegalightning5715

2 жыл бұрын

@@djot1745 it's just a small part of the big picture.

I think part of the problem is that builders speculate by building huge houses, rather than small ones. So you have houses that middle class people can't afford. What they can afford are tiny houses, so they move into former working class neighborhoods and drive up the prices. Then there's the consumption problem: Americans overspend like crazy, in addition to having to save up for college.

@mathisnotforthefaintofheart

Жыл бұрын

You don't have to save up for college though having a little piggy bank is a good idea. Take up a 32 hour job that comes with benefits. Go to your local community college in the evening and work on your associate's. Then transfer to a public in-state 4 year institution to complete the remaining program. Of course, when you study part time, you will take longer. But it forces you to stop wasting time, and plan your precious time accordingly, you also learn how to manage your money and stop the rat race. You work during the days and study in the evening (and weekend) and let the rest party. You will graduate later of course but....you have no debt, work experience, you already contributed to a 401K and/or a ROTH. It can be done when you adopt a quasi minimalist lifestyle. I am a product of that principle and I now work in higher ed where I advocate for this strategy, especially the way the job market is now.

@MondoBeno

Жыл бұрын

@@mathisnotforthefaintofheart I knew a guy who went from high school dropout to GED to Chipotle to Hospital orderly by the time he was 18. While a hospital orderly, he took a 2-year nursing degree (partly at their expense) and had the degree (and a raise) by age 20. He continued working on the BS degree, and had the full nurse's license at 21. He worked for another 2 years, saved up, and got a partial scholarship to Meharry medical college. By the time he started residency, he had no loans to pay back.

@mathisnotforthefaintofheart

Жыл бұрын

@@MondoBeno So he played it smart! That's how it can be done

This video underscores a critical yet frequently ignored reality: the shrinking of the American middle class isn't just about income, but also about diminishing economic security and opportunity. It's startling to learn that in 2018, a third of middle-income adults couldn't afford a $400 emergency expense, illustrating the fragility beneath the surface. This situation reflects broader systemic issues, where economic growth no longer equates to widespread prosperity. Such insights compel us to rethink the policies and structures that define economic success in our society.

This happened because we didn't take "The Rent is Too Damn High" guy seriously

@vklmao8677

2 жыл бұрын

rent : is too damn high! .....proceeds to rap the whole speech in 30 seconds

@jonbrewer297

2 жыл бұрын

GFC, so they made it so you had to basically prove you had enough money to just straight up buy a house out of pocket if you wanted to borrow, rather than doing a damn thing to prevent another GFC. And now we know that bankers will just invent new things like bitcoin and NFTs to lose money on.

@zainmushtaq4347

2 жыл бұрын

We'll pay the rent when they FIX THE DAMN DOOR!!

@bradfisher407

Жыл бұрын

I remember that guy! 😂

Letting speculators buy up homes they clearly don't intend to live in & then jack their prices way up all over the country doesn't help one bit.

@csmlyly5736

2 жыл бұрын

That’s literally what this country was founded on doofus. This is destiny manifest.

@aaz1992

2 жыл бұрын

@@user-hf2dr7sh4y yep. The Fed, centeal banks and global elites at the IMF are the one world government. Debt slavery for the global population is the plan and everything is going smoothly. It's a debt-based slave system. The only solution is sound money and small government. Unfortunately, only a revolution can set us in the right direction

Same thing happened in Ireland. In the 80's my father's wage supported 3 children and my mother was a housewife. Had a nice house and were comfortable enough. There's no way you could do that on one wage today. And now nobody I know can afford to have 3 children unless they are totally depended on social welfare.

Our government needs to keep us poor so we're easier to control.

@micahrutland991

Жыл бұрын

At least someone gets it.

Wages have been stagnant for decades (when adjusted for inflation) while the prices of homes, cars, food, gas, college etc. have skyrocketed. Corporations and many employers are extreme capitalists who use their earnings for stock buybacks and CEO bonuses instead of paying a fair wage. The US government has even incentivized these actions with huge tax cuts and subsidies. Until we get the lobbyists and money out of politics nothing will change

@coopsnz1

2 жыл бұрын

Franchise own businesses not corporation that have huge debt because of government , result prices go up

@shasmi93

2 жыл бұрын

Well everyone is fighting about what Joe Rogan said 20 years ago and what gender they are today…. Sooooo I don’t see us getting together and demanding meaningful change anytime soon. We’re on a sinking ship. Full of asshats on their phones not even paying attention to the ship sinking. Fun stuff 👍

@StochasticUniverse

2 жыл бұрын

The corollary to that is: if you can't beat 'em, join 'em. I watched and gnashed my teeth in 2008 when TARP was passed for the Too Big to Fail banks, shortly after they collapsed the economy with their recklessness. Where was the justice?! Today, I'm a shareholder of JPM, GS, and C, among others. God is dead; the only justice is that which we make for ourselves.

@shasmi93

2 жыл бұрын

@@StochasticUniverse god certainly is dead! Finally someone who isn’t a mindless religious nut preaching how Jesus will save us all.

@truthlove1114

2 жыл бұрын

Very very true

I think one reason the middle class is disappearing is a combination of inflation and stagnant wages. Not the only one but the fact the minimum wage hasn’t kept up with inflation is definitely something to worry about.

@bentmercer

2 жыл бұрын

Trickle down is a ridiculous failure, Reagan was a moron

@garyoakham9723

2 жыл бұрын

@@bentmercer Biden been in power for 40 years. He voted for all wars and became a billionaire.

@kevinm.8682

2 жыл бұрын

The problem with your theory is that very few people actually work for minimum wage. Most work for way more.

@josepinto5639

2 жыл бұрын

@@bentmercer Anyone who calls it "trickle down" is a moron and should not be talking about economics.

@ed5308

2 жыл бұрын

Its not that the minimum wage has not kept up. You can not live on a minimum wage. The efficiency of computers has put the number of people you need to manage and produce product down. The workforce needed is less but people still have to find higher jobs that pay more money. Those jobs are being done overseas for less money. Any televisions being manufactured in the USA or how about steel??? Productivity up and salaries down.

I feel bad for families going through this. I decided to live child free and most of the decision was just no desire to raise a kid but looking at what a huge financial burden it is turned me away from it. It just isn't worth it to have a family anymore. I'd rather retire earlier and be secure financially. Notice how the one mom interviewed cited taxes as her biggest woes, that gets glossed over since this is CNBC....lower payroll taxes will fix this but there's too much social spending. Thank god BBB failed. Now we just need to fix social security, that's the next failed social insurance system that'll raise payroll taxes tremendously in the next decade.

@denverspin

Жыл бұрын

Maybe…just maybe, stop funding and fueling wars around the world and reinvest that in the people and our country. Maybe…tax the oligarchs, the super ridiculously wealthy people of the country, that literally own the country. Make them accountable for their incomes and tax them. But no because the tax laws are made by these people, it will never change. Insane!

My grandpa was a government employee and my grandma was a lunch lady, they were able to buy a small but still nice house, raise two kids who both went to collage, and have a somewhat nice sum of money saved up for retirement. They now are retired and have multiple house. That kid who became one of my parents now is working with no end in sight, some money issues had existed but for now we seem stable. Both my parents work their butts off just so everyone in my family can survive and live where we do. It is crazy to think that one salary in the 1960's was enough to support a whole family despite being way lower compared to today, while two people with salaries in 2022 is unable to cover every cost, although it is still possible to save some of that money thankfully. Houses are so expensive now, infact inflation as a whole has risen a lot more than salaries have.

One thing to remember is on the outside a middle class family might look to be doing well, but behind the scenes they may be pay check to pay check buried in debt

@staceystrukel1917

2 жыл бұрын

Then get on a budget. The only excuse for that is an emergency. You are not entitled to new cars, a bigger house, new furniture etc...because you want it but can't afford it..

@kittykitkat4968

2 жыл бұрын

@@staceystrukel1917 exactly, only for emergency reason. But the last two decades I've noticed most people are on debts and buying stuff , when they really can't afford

@jaijai5250

2 жыл бұрын

@@staceystrukel1917 absolutely. Most people are brainwashed by marketing and consumerism. My motto is, live below your means, and that is what I instilled into my children. It brings immense peace, joy and contentment knowing that I don’t have crippling debts, for mainly useless consumer goods. This principle has allowed me to take early retirement and have time to myself whilst I’m still relatively young and healthy.

Middle class in a nutshell. My parents at 30: bought a 2 family at 230k Me at 30 : makes more than both my parents. I have two roommates Literally making just enough to sustain, but never enough to get ahead is the best way to describe it

@craigrodriguez8384

2 жыл бұрын

I feel ya man. But you can achieve. Just may be harder.

@dedhampster4730

2 жыл бұрын

I work the same job my mother did. She made $40k with basically and associates degree in the 90s-10s. I make at most $37k with a bachelor's degree. And everything is more expensive.

@devonforsure260

2 жыл бұрын

they used their savings for a combined 50k down payment back then and bought the house. It's well into the million region now since they live in Massachusetts. I still reside in the state and six-figures doesn't go as far as it used to. You feel safe and stuck at the same time.

@devonforsure260

2 жыл бұрын

@@dedhampster4730 yep my mom went to community college in the late 90s after buying our home and got a job in accounting for a smidge less than 37k, back then 37k would probably equate to middle class, now that's poverty wages. I make almost 100k with a bachelors living near the city and rent and COL is rising faster than my wages.

@nwatson2773

2 жыл бұрын

Yes you said it!! My mom owns a property. The sane property that she put down 3%. Now I am required to put down 20% and 4x the price.

Simply said..the people are to blame. They are too distracted by their entertainment to rise up and say "no more".

In the late 1970s my grandmother was studying the Bible with an Italian man y neighbor. He had said then, that there would come a time when only 2 classes of people would exist. The wealthy y the poor.

Chantal's story is literally my family's. So frustrating. Working hard to stay two steps ahead but always feeling behind still.

@moonie8830

2 жыл бұрын

Wouldn't the best option be to move to another country? I get why the rich would stay in America and I get that the poor can't afford to leave, but the middle class seems to still have the opportunity of a better life abroad...

@aufache

2 жыл бұрын

@@moonie8830 that would probably be best for the retired folk or the folk that had a few years / decades of working and can live off the fruits of their labor. Or even just the remote youtubers and such that can work anywhere, so why not a country with a lower cost of living. I dont think thats best advice for someone at the beginning of their career with not a big pool of savings.

@ishmaeldarjean2757

2 жыл бұрын

Chantel's situation is of her own making. I mean a 400.00 car payment and 280.00 for phone usage? Thats a lot of money. I think people need to live within their means and accept that they can't live these idealized lives with the newest things and expect to come out on top with everything else paid for. Its all priorities. That car payment as well as her and hubbies cell phones could be easily cut in half. I'm not sure if she did any sort of volunteer work but that helps too. I myself am a Veteran and take advantage of all of the options available. I had my bachelors paid off and paid a small amount for my MBA. Yes. The military isn't the idealized life we all dream of sometime but serving your country certainly helped improve my financial situation as well as built character along the way.

@johnfisher8401

2 жыл бұрын

@@moonie8830 the grass is not greener just by leaving the country.

@rosez4eva

2 жыл бұрын

@@ishmaeldarjean2757 I have to agree. Mesquite is not a high cost of living area and 100k is a very good income for 2 adults and one child. This is an issue of not having financial literacy and not the best example of the video’s point. She needs to sit down with a financial advisor.

1. Increased population. More competition for resources and jobs. 2. Devaluation of the dollar. 3. Automation 4. College degrees becoming diluted. 5. Increasing COL in cities (goes back to one). 6. Rising costs in manufacturing meant jobs were exported to cheaper wage countries. 7. Pivoting into a more service focused economy instead of manufacturing. 8. Foreign investors squeezing the housing market. The list can keep going and going. But I think these are the major points.

@thebastardgift

2 жыл бұрын

There is also the refusal of middle class to stop living above their means rather than below which could sustain them.

@LaughingSeraphim

2 жыл бұрын

It's not just foreign real estate investors. Home grown ones are just as bad. My friend works at one. They all call around and raise prices to meet the average every year (not price fixing apparently) , even with high vacancy (40%).

@oskarngo9138

2 жыл бұрын

In order words: Overpopulation!

@mattcee7113

2 жыл бұрын

Also employers and companies undervaluing jobs and underpaying staff

@tblaze8167

2 жыл бұрын

Open borders and taking care of illegals costs a lot of money.

"Why the Middle-Class is disappearing" Three words: 1. Trickle. 2. Down. 3. Economics.

People wonder why Quiet quitting is a thing!

I’m no economist but when housing, good, gas, food, and everything else increase 10-20% and my income only goes up 5% and most jobs require a 4-year degree, which I have and I’m not living lavishly, and I can barely save and invest.

@mylet2658

2 жыл бұрын

I am in the same boat too I feel your pain

@paxtoncargill4661

2 жыл бұрын

Our economy is becoming extremely inefficient.

@seanthe100

2 жыл бұрын

That's only a yearly thing, this has happened over decades though. Trick down policies.

@TheRevolucas

2 жыл бұрын

Well-off people don't get rich from a good salary, they leverage their debt. Instead of paying your car loan or mortgage off early take that money and invest it in something with a higher return then the interest. Do the same with low interest loans.

@someoneidk308

2 жыл бұрын

@@TheRevolucas So essentially, you're telling people to bet money that isn't really theirs? I'm a big fan of investing. If you have extra cash, then invest it! The worst that can happen is you lose the money. Which is fine because, well, it wasn't going to anything else anyway. The best is that you make a nice profit. Investing comes with risks. If that person invests poorly, then their debt will only rack up and put them in a worse position than before. Diversifying helps minimize the risk, but it does not eliminate it. For someone already struggling with money and in debt, taking a loan and investing is NOT the way to go. For the wealthy, I can see that they might have the money already to fall back on should their investments fall through. Also, people renting and in debt are not able to put a mortgage on their home or obtain a low-interest loan. Your advice just doesn't work here.

Who are we kidding? If you don't have a net worth more than 300k and a emergency saving for 6 months, you are not a middle-class, period (mic dropped.)

@MusicGameFinatic999

2 жыл бұрын

Lol, there are a very small number of folks who have those things. I am a millennial, and I don't know anyone that has savings that could last them 6 months. I just started my career in software engineering, and while i make a good salary, it will take me several years (at least) to save up and have savings that could last 6 months Edit: correction, i do not know anyone my age that has these things. I do however know some gen X folks that do have this kind of money

@666yaoz

2 жыл бұрын

@@MusicGameFinatic999 I have about $220k+ NW at 27 years old. Senior mechanical engineer in Midwest

@lastempire7302

2 жыл бұрын

@@MusicGameFinatic999 I'm 36 with two kids. 2M net worth, 6 yrs of saved expenses and I started off as a security guard with no fancy degree. No, I didn't "invest" in cryptos or WSB FDs. A young coder can easily be where I am today in 5 years (less, if you are a dual income couple) if he/she know how to handle the money.

@Bwize716

2 жыл бұрын

@@lastempire7302 what is your profession?

@lastempire7302

2 жыл бұрын

@@Bwize716 I'm just a regular 9-5er making no more than 70k (excluding investment income of course)

Life is literally to expensive to live.

Middle class is disappearing because of greedy corporations. They want all the money. It’s all about profit.

Apartment rent, auto leasing, no pensions...I feel real bad for the younger generation who will own nothing in their lifetime.

@therealchucktaylor3392

2 жыл бұрын

💯

@Demopans5990

2 жыл бұрын

You will own nothing, and you will be happy

@robertdavis9801

2 жыл бұрын

@@Demopans5990 yep. The great reset.

Everyone who works for a living is working class. The ones that done are the ruling class. They divide the working class into other classes to divide and rule them. Stand together with you fellow working class people.

@allykid4720

2 жыл бұрын

That's why We, the ruling class, need to seed more dividers like lgbt, political, racial ideologies, etc. into the society. There will be armies of pro- and anti- among the working class, they'll forget about their real enemy and growing wealth gap. Even if those ideologies won't work, who cares? Divide and conquer, that's our motto!

@good-tn9sr

2 жыл бұрын

@@allykid4720 that’s what I’ve been preaching as well. Stop yellow dog voting!!! Voting for a representative because of your race is got to be the stupidest logic. Politicians don’t care about us, they just like power.

@teamtoken

2 жыл бұрын

Yep, exactly right, in fact the term “Middle class” was popularised in the 1950’s to describe the rising standard of living for the current generation of working class who didn’t like the stigma of that term. If you trade your labour for a wage you are working class. Doesn’t matter if you make 25k a year or 125k.

@mel...s

2 жыл бұрын

Sorry can't do it Too distracted by racism

@DickCheneyXX

2 жыл бұрын

lol no.

Middle class was never single mothers ever in this country..

It’s certainly not helping us that we have one recession after another. Companies letting go of older workers to save money while the same workers are retiring early, struggling to survive from retirement monies they lived off of during the recessions.

My rent went up 20% 2 years in a row. That's illegal in most other countries.... even 3rd world countries don't allow that.

@Dom-xi8je

2 жыл бұрын

They probably have vacancies did you check?

@mlh5434

2 жыл бұрын

Wow. Note to self: don't ever become a landlord in a 3rd world country.

@tim3440

2 жыл бұрын

Do they have vacancies? The average house price is also up 20%... Or better said sometimes the costs are up 20%... WHy? Because America prints and prints and prints and prints... People live above their means..

@Jbkoyi

2 жыл бұрын

lol, we are having it rough in third world countries don't be fooled.

@tim3440

2 жыл бұрын

@@Jbkoyi Its hillarious if people consider high housing prices with food shortages or something. Its a joke if people compare it with third world countries. Feel for you sir.

CNBC Asks: What happened to the middle class? Me: I can tell you without watching the video. Wages haven't risen with inflation or the cost of living, essential items like food & utilities have skyrocketed in cost, & we don't even have a basic healthcare policy in the USA where if you're sick you'll be OK & not have to deal with "OUT OF NETWORK" Costs for your health. The cost of living is too expensive in the USA & it's nearly impossible to get help because of costs & lack of finances. We're so screwed...

@batpoolzilla3200

2 жыл бұрын

Mexico doesn't have a big middle class despite having public healthcare. The sexual revolution, NAFTA and the outsourcing of many factories to China, Mexico, Brazil,India and Vietnam are the main reason behind wage's stagnation. Having some protectionist laws help to keep factories and jobs inside your country.

@mike8595

2 жыл бұрын

Yeah, can't figure out why that would be. I wonder if it's the constant flood of immigration or the fact that there are more women in the workforce than ever before. It's almost like more people chasing the same jobs creates more competition for said job and therefore an over-supply of labor and what happens when there is an over-supply? You guessed it: The value of that things falls. The cost of living IS NOT expensive in the US. It's expensive when you want to live in the god damn heart of a major city.

@billw8476

Жыл бұрын

@@batpoolzilla3200 simply put" we never should have allowed nixon to buy china a coke.

@TheGearhead222

Жыл бұрын

Again, please research economic inequality and Robert Reich-John in Texas

@windsofmarchjourneyperrytr2823

5 ай бұрын

It needs ti be illegal fir specialists to not TELL YOU their costs before. Insurance pays for less and our dumb a** still pays MORE.

“If the American people allow private banks to control the issue of money, first by inflation, and then by deflation, the banks and corporations that grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.” - Thomas Jefferson.

I’m a 28 year old veteran that moved back home after the Army. I’m in school and have a part time job making hardly anything as well as being in the national guard. My mom has let me live here for the past year and a half as long as I pay her as much money as I can manage to set aside. When I move out she’s going to give it back to me to help pay rent for a few months. If I didn’t have her I’d be on the street right now because of how high rent is everywhere. The world we live in right now is really scary.

Greed is taking the middle class out. The middle-class is always one step away from living in a box down by the river

A big issue in Nashville are corporations out bidding families on homes so they can rent them. Entire neighborhoods with people renting homes at outrageous prices.

@xv9021

2 жыл бұрын

Its a travesty. They absolutely should not be allowed to compete in the housing market. You see the same thing happening with Airbnb. a few corporations are getting into the market and own all the airbnbs making pricing go up and increasing scarcity.

@pamelalima5401

2 жыл бұрын

America is greedy… oooops great

@Beautifully_Elle7

2 жыл бұрын

I should have moved to Nashville when my sister did in 2008. She bought a condo in Brentwood for $150k. Now her condo is worth $400k. It’s crazy!!

@johnpablo2772

2 жыл бұрын

@@xv9021 it’s a MONOPOLY

I deliberately lived in a low income neighborhood close to work and GREATLY cut down on my living expenses, so I could save, invest, and retire early. So that's impossible now? People can't move, adapt, get more education, change jobs, change behavior? While I grew up, that was all completely normal (in the 70's).

So true you are underneath people who are doing fine. Exactly

Paying $1200 a month for 2 cars, this is insane...

@ojames1983

2 жыл бұрын

Yep, yet many people don't want to take accountability for those choices. LOL

@NoOne-gp5hz

2 жыл бұрын

And $280 a month on a phone bill.... for most likely 2 people...

@danieldaniels7571

2 жыл бұрын

@@NoOne-gp5hz I use Mint Mobile. My phone cost me $10 a month, but I had to prepay for six months and use an older phone I already owned.

@LostMySauce

2 жыл бұрын

@@danieldaniels7571 My wife and I use Mint as well on our iPhone 13s. T-Mobile network, $40/month total.

@redwhite_040

2 жыл бұрын

It's not cheap to impress others

I remember when $10 was expensive for a meal. Nowadays a combo runs for $20 easily

@csmlyly5736

2 жыл бұрын

Hello yes inflation exists

@aaz1992

2 жыл бұрын

@@csmlyly5736 Thanks, Federal Reserve

@rocqitmon

2 жыл бұрын

shop and prepare own food - stretches dollars and improves your health - combos will sicken you. Designed to make u think you are saving time - a farce.

@TH-qb5fx

2 жыл бұрын

@@rocqitmon it's just as expensive buying ingredients to cook now as is it to eat out. You get fkd at the check out either way

@csmlyly5736

2 жыл бұрын

I think you are all missing the point that demand drives prices upward. If you would all stop trying to buy food every day like you need it or the world will end then prices might have a chance to go back down.

Let's not forget Trump's tax cuts to the rich while he stuck it to the middle class. The way he went about was so shifty. I used to get a decent tax refund every spring. Now, I seem to owe every year. And no, while my take home pay went up a bit, the amount that I was taxed went up substantially.

My Dad in the '70s said that our nation needs the middle class. My Dad earned $1.5K monthly in the '80s, yet he paid all the bills and we could go on vacations every now and then.