"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered” Thomas Jefferson
The faster money moves, the wealthier everyone becomes. The tighter you squeeze the middle and lower class, the closer to a total economy collapse we get. Pay the working class a wage that supports having a hobby and you'll find that every business wins.
I don’t see what we can do. High taxes and high housing costs (for everyone else) are incredibly popular according to polls. Many want a balanced budget, but each individual item that puts the government over budget is popular. This is the downside to democracy.
Gotta love how complaining is always demonized. If a person wants out of a bad situation, most of the time they're going to have to start out by "complaining". That's how you identify and acknowledge what's happening and the goal is for it to eventually evolve into a solution. The problem we have is this specific issue is complex and systemic. So its going to take some time & people are going to have to deal with our complaints for awhile, so buckle up, we're not doing any of that out of sight out of mind sh*t
@BruceFoerster I was able to rent an apartment on minimum wage. In 1998, the rent was $350. That could be paid on minimum wage. $4.75 - $5.15 per hour! In 1996, my sons daycare was $35 per week. The cost difference one is drastic!
The Founders didn’t think we could have a republic if there was a large difference in wealth. Long term business corporations were not sanctioned by the Governments, when our country started. But once they were sanctioned, then wealth became concentrated into corporations. Unfortunately our government does what the big corporations want. Taxes, regulations, permits etc are to help the big corporations and hurt the mom and businesses. We need to go back to a family based economy instead of a corporate based economy. In a free market there are no corporations because the government doesn’t charter corporations in a free market.
The consumer can’t afford to. They’re keeping us shopping at Walmart through petty wages. The game is rigged. Corporations have destroyed this country.
Love this dude!!! He is going somewhere for sure. He always talks about Gen Z and Millennials, but, everything this guy always talks about also applies to Gen X too. 3-4 Generations with next to nothing to look forward to everyday now even IF you have a degree.
Unfortunately all of these complaints fall of deaf ears. I'm a tradesman and with the lousy paychecks compared to the cost of living, I will probably never be able to own real estate in America unless a miracle happens. Pushing two whole generations (possibly 3 generations when Generation Alpha becomes adults) into below-poverty level wages and expecting them to work to the bone is ludicrous especially when that kind of work only paid off in 1953, not 2024.
401Ks??? Insurance????! You mean the things no one’s job pays for (with bosses working people just enough to keep them under full-time)? They’re practically a myth now😅
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
I'm not a Boomer and I'll say it too. Stop blaming everything on one subset of people. What are you doing to fix it, or even to help someone, because we're all suffering? Speaking out is good. Blaming Boomers for everything is just lazy and ignorant. What does it solve? How does it help?
@@bighornhd I will allow you to elaborate. Please regale us with your considerable knowledge you have displayed with your comment so us lowly commoners might easily understand.
Talking to my online language students in China, the baseline to pay income tax is higher than the average income, apparently. So most people just don't have to worry about paying income tax. Mind you, China has a lot of other issues.
Complaining in the comments section of TH-cam is doing no good. You need to get politically involved. At least call or email your senator...if you know who that is.
You guys really need to take a closer look at history. There was a very brief time where people could live comfortably. Those people neither had a say in the policies that brought that economic situation, nor did they have any control over the things that changed them. Complaining is not going to do jack. You, and those younger than you, need to examine the policies that both made things better, and those that made it worse...then you need to eother support candidates that support the helpful policies, or run yourself and put those policies forth.
Now this we can agree on. Complaining about Boomers constantly is lazy, incorrect, and ignorant. The market will correct to a point, but only after it tests us for our limit. Without us, they have nothing. It's also important to remember they do provide things as well. None of it is more valuable than the things we provide. It should be mutually beneficial. Things are very asymmetrical right now.
Thanks for making me watch this multiple times now. I have no idea what you're talking about. The only thing he said about minimum wage was people getting minimum wage can't afford an apartment. So they should be homeless? Is that the part that turned you off? I'm confused...
@Ninja_McMuffin In my lifetime, people working minimum wage jobs were living at home. I had my first minimum wage job in 87, I was 13, and working a civil service job in Europe, no lie. It was a summer hire job, but even after returning to the US i contued to work. I had no expectation of being able to afford an apartment. It was just over $3 an hr. I know it may have started that way, and it may have needed to be maintained. My point is, it has been a very long time since then. The thing that has changed is the ability to share information. What we are doing with that is fighting over dumb shit. We should be working together to fix it. Unions are more important now than ever. If they won't let unions happen at individual businesses, we should have national unions that support efforts of everyone. Collective bargaining for all. The problem is we are all tied together with our 401k and any investments you may have. It would not be easy. Just a thought.
![เปิดบ้าน โคตรสวย ป๋องกพล รู้จักตั้งนาน เพิ่งรู้ว่ารวย!!! l [Nickynachat]](http://i.ytimg.com/vi/tmgCF_2HfYI/mqdefault.jpg)
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered” Thomas Jefferson
Oy vey.
when the king is corrupt the people suffer
Jefferson knew!
Thomas Jefferson knew!
The faster money moves, the wealthier everyone becomes. The tighter you squeeze the middle and lower class, the closer to a total economy collapse we get. Pay the working class a wage that supports having a hobby and you'll find that every business wins.
Well and the supreme court made bribing our politicians legal and we now live under corporate rule 😅😔
It’s sick. Thank you for speaking out about this.
Exactly! If we just keep taking it, they’re just going to keep giving it until we break.
I don’t see what we can do. High taxes and high housing costs (for everyone else) are incredibly popular according to polls. Many want a balanced budget, but each individual item that puts the government over budget is popular. This is the downside to democracy.
Gotta love how complaining is always demonized. If a person wants out of a bad situation, most of the time they're going to have to start out by "complaining". That's how you identify and acknowledge what's happening and the goal is for it to eventually evolve into a solution. The problem we have is this specific issue is complex and systemic. So its going to take some time & people are going to have to deal with our complaints for awhile, so buckle up, we're not doing any of that out of sight out of mind sh*t
Dont worry
Sports ball will distract the ignorant
Yep
Exactly!!!! Nothing but facts here!!!
Never have you been able to rent an apartment on minimum wage. Sorry that's just nut true
@BruceFoerster just ignoring what the minimum wage was supposed to be in the first place
@BruceFoerster I was able to rent an apartment on minimum wage. In 1998, the rent was $350. That could be paid on minimum wage. $4.75 - $5.15 per hour! In 1996, my sons daycare was $35 per week. The cost difference one is drastic!
Deny. Defend. Depose.
👊
The hero we need.
We need to organize a General Strike, but getting people to start getting READY for a General Strike is almost impossible...
People only care about themselves in this country, and they keep themselves divided which is exactly what the elites want.
Didn't the last president made a train workers strike illegal just to crush them?
The Founders didn’t think we could have a republic if there was a large difference in wealth. Long term business corporations were not sanctioned by the Governments, when our country started. But once they were sanctioned, then wealth became concentrated into corporations.
Unfortunately our government does what the big corporations want. Taxes, regulations, permits etc are to help the big corporations and hurt the mom and businesses.
We need to go back to a family based economy instead of a corporate based economy. In a free market there are no corporations because the government doesn’t charter corporations in a free market.
The consumer can’t afford to. They’re keeping us shopping at Walmart through petty wages. The game is rigged. Corporations have destroyed this country.
Love this dude!!! He is going somewhere for sure. He always talks about Gen Z and Millennials, but, everything this guy always talks about also applies to Gen X too. 3-4 Generations with next to nothing to look forward to everyday now even IF you have a degree.
I did 2 days of overtime over black friday and Cyber monday, and it all went to the government. I only kept $100 of the OT 😢
How?
@keyisme1356 taxes
That’s b.s.
BTW I live in California
I am so sorry 😢😢. That is so cruel
Preach!!!!
💯💯💯
“The squeaky wheel gets greased.” ( The answer to why people complain.)
We’re in hell
Unfortunately all of these complaints fall of deaf ears. I'm a tradesman and with the lousy paychecks compared to the cost of living, I will probably never be able to own real estate in America unless a miracle happens. Pushing two whole generations (possibly 3 generations when Generation Alpha becomes adults) into below-poverty level wages and expecting them to work to the bone is ludicrous especially when that kind of work only paid off in 1953, not 2024.
What do you view as poverty level wages?
Facts
Economically we are where Germany was and we all know what happened.
AND they constantly complained about it all…but not to their superior to their family. Can’t imagine why you don’t have grand kids mom and dad😮
I love you keep preaching 👏🏽👏🏽👏🏽🙌🏾🙌🏾
We need more Luigis
THANK YOU
Vive la revolution!
There was a time when we didn't may sales tax on Amazon and other internet purchases. Good times.
Over 20% just for taxes. Don't even think about health insurance or 401k's.
401Ks??? Insurance????! You mean the things no one’s job pays for (with bosses working people just enough to keep them under full-time)? They’re practically a myth now😅
Amen!
Keep spreading the word, my friend.
All of the problems are because of ceo and corporate taxation policy. Personal income tax is not the problem.
We're also distracted by right vs. left crabbing, Instagram and Tik Tok
What do we need to do to make our voices heard?
Its disgusting
When I think too deeply about our current situation, I get nauseous.
Weimar Germany
Well, CEOs seem to be in for a rude awakening...
Will Boomers never understand how hard Americans had to fight for the things they took for granted?.
Don't work for money; make money work for you. Invest wisely today to create the freedom you desire tomorrow.🇺🇲🇺🇲
Many new tra-ders face challenges without proper guidance. I found success by learning from James Clark's expertise.
@@user-kj2iv6xr7sexactly!! that's why I always seek Mr J Clark's guidance before taking any step 😊
I recently sold half my tech stock holdings due to all-time highs, leaving me with $400k. Should I invest in ETFs now or wait for a market correction considering potential inflation?
Celebrating a $30k stock portfolio today from a $6k start. Investing wisely has given me time for family and future plans.
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
And now...we elect billionaires who have their own agenda and think they will help us!
Dont forget we have to pay for all the welfare benefits. To citizens, legal and illegal immigrants.
Boomers say we whine.
I'm not a Boomer and I'll say it too. Stop blaming everything on one subset of people. What are you doing to fix it, or even to help someone, because we're all suffering? Speaking out is good. Blaming Boomers for everything is just lazy and ignorant. What does it solve? How does it help?
@NOBODY-zf5nt apparently you do not understand economics and the economy. Sorry for that.
@@bighornhd I will allow you to elaborate. Please regale us with your considerable knowledge you have displayed with your comment so us lowly commoners might easily understand.
@NOBODY-zf5nt Well, you are not even smart enough to watch his other videos with the explanations. Try playing them back slower.
@@bighornhd Soo much value and insight here. You are a gift to us all.
Talking to my online language students in China, the baseline to pay income tax is higher than the average income, apparently.
So most people just don't have to worry about paying income tax.
Mind you, China has a lot of other issues.
Starting this with "taxes is the problem" is unrelated to the cost of living problem. Essential goods should be cheaper, wages should be higher.
I noticed every time a republican is elected president the national debt skyrockets!
It’s true. When Clinton left office, the national debt was zero. By the time Shrub left office, it was $1 trillion.
Yea don't play the division game republicans and democrats are all to blame
You seem to have selective vision. Since you miss the 1.1T added per year by Barack Obama and about 1.6T per year over the 1st half of Bidens term.
And forgot about most recently Sleepy Joe.
@nics4967 and remember who added the most debt in a single term?
Sorry but the rich class doesn't care, they just ignore it. We need to take ACTION
THE TIME FOR TALK IS OVER.
Everybody is scared to act 😂
"Complain" not the right word for what needs doing look at health care customers current tactics.
Blame the people??
Complaining in the comments section of TH-cam is doing no good. You need to get politically involved. At least call or email your senator...if you know who that is.
You guys really need to take a closer look at history. There was a very brief time where people could live comfortably. Those people neither had a say in the policies that brought that economic situation, nor did they have any control over the things that changed them. Complaining is not going to do jack. You, and those younger than you, need to examine the policies that both made things better, and those that made it worse...then you need to eother support candidates that support the helpful policies, or run yourself and put those policies forth.
This guy spits facts like a baseball player chews an spits tobaccy
Are you part of the problem or part of the solution? What is your contribution besides being offended.
There was a time when the life expectancy was 67. The average age was 30, and there was no Medicare or Medicaid.
True
Now this we can agree on. Complaining about Boomers constantly is lazy, incorrect, and ignorant. The market will correct to a point, but only after it tests us for our limit. Without us, they have nothing. It's also important to remember they do provide things as well. None of it is more valuable than the things we provide. It should be mutually beneficial. Things are very asymmetrical right now.
You act as if they listen to the working class. My question would be since when?
Trump can hopefully turn this around
You mean Trump the guy that wants to tariff us to the next Great Depression? 🤨
@ you don’t under tariffs
Maybe if you dingleberries DID something you would be better off. Whining accomplishes nothing. First, stop voting democRAT.
I was with you until you started talking about minimum wage slaves.
Not understanding the working class is like not understanding your home's foundation.
...You still need it to hold your little life up. :3
Thanks for making me watch this multiple times now. I have no idea what you're talking about. The only thing he said about minimum wage was people getting minimum wage can't afford an apartment. So they should be homeless? Is that the part that turned you off? I'm confused...
@Ninja_McMuffin In my lifetime, people working minimum wage jobs were living at home. I had my first minimum wage job in 87, I was 13, and working a civil service job in Europe, no lie. It was a summer hire job, but even after returning to the US i contued to work. I had no expectation of being able to afford an apartment. It was just over $3 an hr. I know it may have started that way, and it may have needed to be maintained. My point is, it has been a very long time since then. The thing that has changed is the ability to share information. What we are doing with that is fighting over dumb shit. We should be working together to fix it. Unions are more important now than ever. If they won't let unions happen at individual businesses, we should have national unions that support efforts of everyone. Collective bargaining for all. The problem is we are all tied together with our 401k and any investments you may have. It would not be easy. Just a thought.
Facts