America Is Forcing Out Its Middle Class… Forever
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- เผยแพร่เมื่อ 3 มี.ค. 2024
- America has two simultaneous problems - record homelessness, and record high rents. Plus groceries are still as expensive as ever and it seems like things just get harder and harder for average Americans…. why is that?
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That's what happens when you have corrupt politicians and greedy corporations running the country.
Every superpower falls
Thats capitalism money over pepol
@Skull211 yes, we want to believe that. As it's an old saying, but many old sayings are outdated and no longer bear any significance in today's society.
It is completely possible, that the top 1% has made it to where it's inescapable for us. Something has to happen to them for them to halt this plan, but I don't know what that would be. Until then..I've grown more and more convinced, we're fucked. My tank of optimism has ran dry.
>
@@gamerboydk484neoliberal mixed market, not capitalism.
“No matter how paranoid or conspiracy-minded you are, what the government is actually doing is worse than you imagine.”
- William Blum
Claude Frédéric Bastiat : Government is a great fiction through which everyone tries to live at the expense of everyone else.
Claude Frédéric Bastiat : Everyone wants to live at the expense of the state. However, they forget that the state wants to live at the expense of everyone.
Claude Frédéric Bastiat : When looting becomes a way of life, people create for themselves a legal system that authorizes it and a moral code that celebrates it.
Claude Frédéric Bastiat : "No greater change and no greater evil can be brought to society than to transform the law into an instrument of robbery."
Claude Frédéric Bastiat : "If the law and morality are in opposition to each other, the citizen is faced with a cruel choice - either he loses his sense of morality, or he loses respect for the law; a choice between equally great tragedies, between which it is difficult to choose.'
Barry Morris Goldwater : The one essential element upon which all discoveries will depend is human freedom.
Barry Morris Goldwater : The income tax has created more criminals than any other act of government.
Barry Morris Goldwater : Property and liberty are inseparable, and a man's earnings are his property as much as his land or the house in which he lives. Except the government takes one of them (taxes) and interferes with the others.
BRUH !!
that sounds like a meaningful and populist thing. But in reality it is just cynical and singularly unhelpful as you CAN organize and run in democracies. But having an attitude like that makes trusting other people and working with them to organize and make a difference difficult. This distrust is actually a tool that wealthy and powerful use to keep the populace in check. Because only numbers can breakthrough the wealthy and powerful have on institutions. Also, for those looking authoritarian saviours, they don't exist to benefit you, authoritarians only benefit themselves
@@matejkuka797The Goldwater one is just a loon tho.. It's his kind that made the owners of US and their puppets in D.C. Just look at the world outside of the US where taxes benefits the people.
Yah the right wing has adopted all these conspiracies to literally hide that people like Trump have been only building luxury apartments for the last two decades.
@@auroragb Cynical yes. Unhelpful no. What's unhelpful is to pretend that what's happening isn't happening.
I've known a lot of people who have been homeless for various times for different reasons, usually health issues. My former neighbor had two jobs. Was paying his rent. Seemed like a nice man. Then got a kidney transplant. His body rejected the new kidney and the medications. He lost his job, then the apartment. He was found dead in his pickup parked at a local park. Stories like that are common. Our country has NO safety net for the disabled who have no family or to take then in.
Vote right wing and get rid of the welfare state and no more minimum wages.
Problem solved 🤣 ( american logic )
Totally agree with you.
Family makes it and are proud of their achievements even though they got support , a place to sleep to be able to work on themselves, with no evil interference, and then U are the loser even though you were an on the spot babysitter so that they could achieve whatever...doctors start treating you with disrespect and you get sick and more sick and can't even keep up with things and if you are a woman these creepy men are after you all the time and the comfortable laugh at you...
@@marcozegikniet9301 Two of the best economies (wages and working conditions) don't have minimum wages. The first is Singapore the second is in Europe ( I will let you guess).
@@CommanderRiker0
I live in europe in one of these country's. We do have minimum wages. Some country's don't because they have extreme strong unions. Without this you end up with sweatshops again like in the past !
And Singapore is also a rich man country. Also oligarchy on steroids. I never want to live over there if i was a working class person.!
The last time I applied for jobs, less than 10% even responded. Half of the ones who did respond were instant rejections, and the other half were all 4 rounds of interviews, with 1 company having an interview last AN ENTIRE 8 HOUR DAY. All this for 60k as an engineer. Even after the interviews, the projects, and the day long interview, they rejected me. The social contract is broken. You can't afford a house, or a family. It's getting to the point where many can't afford food. Times are going to get violent.
I experienced this through my life as well and it was less for me and I have a feeling it was because I was SMI even programs that were supposed to help us failed us and it is the worse stigmatism to do to mentally ill people already but if I am being honest it is nice to know regular every day people experience the same because I feel less crazy and alone. I have fought SSI 12 years now or I should say on my 12th year now by myself cause my last lawyer gave me the you don't take meds bs even though I applied on meds many times so that is a bs excuse and I once had it too as a child but they took it away from because my guardians at the time failed to provide a change of address for me when they booted me out like every other. I can barely go out anymore because people are so nasty to my kind and I feel like killing myself half the time but am too proud to give them that satisfaction. Jobs don't want me, SSI doesn't want me how the hell are we suppose to cope at all even on meds when the whole system is unfair and disorganized and full of greedy eastwards. Sometimes I think this is why people shoot up places. And you can't decide to live on the land away from these government assholes because they took that away and made it illegal so you will go to jail for this even though there are worse people who belong there.
We are all slaves and disposable.
Not to mention I got certified as a Recovery Support Specialist because I wanted to help fight and advocate for my people but none would take me because of no drivers license and those who said not all require it sent me to bogus places still saying the same thing. So they got my hopes up, put me through all that training and I was the only person who bussed there and it took three busses three times a day to get up there and do this then I get my so called degree I am calling it because it wasn't really a school I went to for it but more of a mental health place that trained us anyways they all turned me down and dicked me around and all I wanted to do was help people! Yeah the money helps pay me bills and food and kitty food and other necessities but I could have stayed at my abusive Dollar Tree job that only gave me one day a week for four hours because I wasn't fast enough working the cash register and cleaning up the floors or isle whatever you want to call it and stocking and all after moving from my night shift that I was doing really well on only to give it to new hirees but instead I seized the opportunity to do something greater than myself with the inside knowledge I already had as someone with mental disabilities and have grown up around alcoholics and drug addicts too but instead of any of that I lost two jobs in two months just to be told I am not good enough.
I have only got a yes from two jobs but I had experienced the loss of a good friend and someone who also got a job in helping to protect people. He was on the news a couple years back, his name was Robert King oh and speaking of which the woman who murdered him only got 17 with priors even instead of the full sentence of 25 because she cried about it after dissing my friend already once before this and the judge.
My life has been filled with torment and abuse and it has not gotten any better and it makes me so angry the main news stations are still covering stupid Biden and Trump after I wrote to like 5-6 of them about my story. Sometimes I even think about becoming a vigilante because I am so sick and tired of the abuse of not just myself but everyone out there and criminals get away with everything now it sickens me!
We living in a Great Depression it’s just not being televised 🤫
"Can't do anything about it Jack!"
Yup
There are more homeless nowadays than back then.
@@cynthiaweston767well yea there are more people then back then
@@cynthiaweston767No there are not. We have videos from back then and even the entirety of Central Park were homeless encampments. We are not even close yet.
The wealth class no longer needs a middle class or a prosperous working class. Automation, offshoring, and cannibalizing companies for cash have eliminated most good jobs.
Succinct and to the point! The other aspect is few people understand the trickle-down affluence enjoyed by 90% of the West has been a deviation from historic norms. "Arrangements" to make the US$ the currency of international trade have broken. Consumer prices for Americans alone have been absurdly low as int'l vendors preferred US$ as payment, offering discounts to get them. With the $ dumped, the trendline will revert to below the norm for a long period.
💯
And the best part is, voters will continue to vote in their worst.
America is turning into a 3rd world country.
@@10speed4nah that's not it at all my friend.
The best part is that VOTERS think their votes matter.
Electoral college is at the top and rigged local elections are at the bottom.
Tell me, who do you vote for? Because I almost 100% guarantee that your vote doesn't matter. Mayor, governor, and president do not take your popular vote.
Your senator of your state, every state has two, only takes popular vote.
Senators need millions of dollars to run a successful campaign.
Tell me again my friend, where do our votes go too in America?
you’re absolutely right the economy has gone to shit and it’s not just america!!
my country new zealand is experiencing a huge rise in pricing and rent too, to the point where parents are telling their soon to be 18 year old’s “listen, please don’t worry about moving out right now, just stay living at home until rent goes down so you don’t go in debt just for wanting a slice of bread”
Self checkouts at major retailers will now be subscription based, having you pay to use a self checkout. Fast food restaurants will introduce dynamic pricing, making food cost more when it's busy. 45% of major companies announced they would eliminate a bachelors as a minimum requirement. Making a bachelors degree useless, making pay less for bachelors level positions and creating even more competition and difficulty to work. The entire world is feeling this pressure. Conflicts are erupting at faster rates, and I hate to say this, but I do sincerely feel a major global shift will happen that will change the very ways we live our lives. We have all been conditioned to protest and take action for things like abortion policies ect. Yet here we see a major crisis that affects everyone and we do nothing about it...
I lost my job a year ago, I’ve applied to hundreds of jobs and only 1 has interviewed me, it was to pick up recycling for a college. You know what they told me? They had more qualified people apply, to pick up trash…
@@johnone_onebro That’s exactly why people refuse to go to college dude. Not to mention the debt you could possibly put yourself in and then you struggle to find work after, it’s a complete joke. This Nation is a Joke.
😢.
I guess depends where you live I got laid off last Thursday and already got a job less than a week and I've had a couple other interview since then maybe try something new and tbh qualifications don't mean shit there still hiring people under qualified because alot of places don't have any workers it's not hard to learn a job your have no clue about
@@anthonydean590Yes, there are many factors. I would presume you have a lot of hard skills vs soft skills. Is this true?
@@anthonydean590what do you work in so I can apply, because I can't even get a crappy warehouse job. I went to 5 different agencies and they all told me that work has been slow and that they have nothing available.
"It's called the American dream because you have to be asleep to believe it." - George Carlin
Hahaha. I needed a good laugh. 😂
Right, the american dream doesn't exist because the country is facing economic difficulties?
And we all have to wake up and face this country's grim reality. (I am so fucking stressed out...)
@@sarkasmt2it only exists to delude people. For every successful person there are thousands who didn't made it
George Carlin was part of the club though. If anything he was mocking the rest of us.
There never was a middle class. There's always been only three classes: worker (slave), capitalist (owner), and poverty (homeless).
Caste system
Corporations owning thousands of homes happened... Real estate agents doing the whole "bid more" schtick... Congress needs to ban/limit corporate ownership of residential properties or tax the hell out of it.
Exactly!
Are real estate agents even necessary?
Nope. They cause prices to rise.@kingjoseph5901
This is not a republican or democrat problem, this is a greed problem that both parties are guilty of. News sources want you to think it’s one party’s fault. If you watch it, they both basically say the same things about one another. We need to start holding these big companies accountable and we need to elect officials who aren’t rich bastards. This will change eventually one way or another.
Problem is that you cannot communicate such things to extreme supporters of either side smfh.
You’re absolutely right. I’ve been trying to tell people this for years. They lie, cheat, and steel because they’re rich and powerful. Not because their Democrats or Republicans. There’s no national pride, it’s all greed.
Hard to live in DC on a congressional income.
Especially traveling back home to your constituents.
Give Congress a raise, but demand that investments be in a blind trust!
@interstate80 agreed
They want to pit us against eachother with shit like the culture war to distract us from the fact that we’re all being fucked over by the rich and powerful. It’s not a matter of electing “better” people, how good they sound won’t matter if as soon as they take a seat of power, corporate interests will be jammed in their pockets, fondling their balls and wallets, and jerking them around like the puppet figureheads they are. Make no mistake, we hold no control so long as the system stays as it is, and nobody in power holds interest in changing that system, as they directly benefit from the loopholes that need closing to ensure a government that is actually out for the people. The greed is becoming noticed though, and dissatisfaction with the state of things has never been more widely echoed. This bubble that has been inflating for decades will pop eventually, and when it does, it’s anyone’s guess what’ll happen.
Notice how they say "unhoused" and not HOMELESS?
They are using words to manipulate your perspective and understanding.
Create the hash tag and spread the term HOMELESS!
Get ready for this one last week I heard the term “Undocumented Americans”. How do you become an American before you are documented as an American. This is some 1984 double speak.
hell with that, they are bums, get used to it...
Who would allow a family member to become homeless
Where is the love.
ok liberal
Deceptive words and language
When I got laid off I applied too over 700 jobs in a 70 mile radius of my home.
Of that I only got 30 interviews. Of that I got maybe 15 job offers and half of them were so bad that after gas and taxes I be making more working at McDonald's.
After 3 interviews and two 30 minute assessments I was offered $16.50 hr to be accounting manager that supervised 40 people.
Underrated comment.
Wow
The home my spouse and I bought 14 years ago has more than doubled in price. We would never be able to afford what we have now. It's insane.
How about this: don't pay for inflation. If everyone literally banded together and FORCED inflation to be nonexistant it wouldn't be a problem.
@@Wtf12276
??? Not sure it works that way, but go on.
@@Wtf12276 not eating isn't an option, or not having insurance. Those are basically captive markets and you are required to carry auto, home, and health insurance.
@@JohnClarkW How about no you aren't. :)
You are totally missing the problems with the unemployment statistics. They're not using the same metrics they used to. They're artificially understated as is inflation. The government is lying to you.
Everything is inflated nowadays, even people. I'm not surprised at all
Tell us the Truth.
How do you know that?
Yep. New York need to recall their mayor and governor.
@@bushwacka5187how do you not know that?
Sadly, it’s going to get worse before it gets better. Until the masses wake up and realize how corporations and our government are working hand in hand to create a modern day serf class, this will happen.
So government love landlord
, I’ll live in a van and go to the gym to wash myself!
United States 🇺🇸 And Canada 🇨🇦
And how so much wealth and knowledge was transferred to China and now they want to control everything!
Prices go up, but never ever come back down to where they started at, yet they call that good smh
I used to rent a 2 bedroom house with basment and garage for 750$ plus all bills. Now a one bedroom goes for 2200 plus all bills
Wtf
“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.
VERY TRUE!
It's crazy that NYC is providing more support to the illegal migrants compared to the citizens who are spending tons of taxes for the city.
That’s what they voted for. It’s only crazy if they expected something different than what they requested
Not illegal, Aysulm seekers, The government allows it. Change your law to deport rather then slap someone who crosses the border with a misdemeanor, NYC is also legally binded to support them.
@@willdegra317They didnt vote for it,The Immigration and Nationality Act (INA) LAW has been in place since 1952. What they need to do is vote for people to change that.
@@Gamebug19922absurd... We didn't have this issue 3 years ago .. Keep voting Communist, I mean democrat
@@Gamebug1992290% of asylum claims are false.
No one is doing anything about it because this was the plan.
The US dollar was implemented in 1933 buddy. We've had nearly a hundred years to eliminate it
Absolutely 💯
😂"...was part of the plan,even if the plan is horrifying"
@@locox89Your comment makes no sense. What are you trying to say?
@@VVVVV99611 it's a movie's quote.
Our politicians are slime. One reason I haven't voted in 20 years, no plans to vote in the future either. They could care less for fixing this.
Why can't we refurbish? All the houses that are fixable to give people a place to live at a fair price of rent. But our politicians don't think about that. Only thing they think about is themselves and how to make our country worse. I am 59 years old. And make $30000 a year. This is so sad for America to do this to people that has worked for 40 years.
The middle class is officially gone now, as a 50-year-old man, I've been hearing that the middle class is shrinking, and the richest getting richer and the poor is getting poorer since I was a young man....
But now, it is official, the middle class is gone.. it doesn't exist anymore.. there is no middle class. you have to have six figures to make it as a middle class, and most Americans don't have that. That means that there is no middle class everyone is either lower class or rich.
You might be right. Even I am poor as fuck to be honest. Unless if I go with the rich, but I would have to be a nasty spoiled person to the other citizens in order to be a part of the rich. And even then seeing a poor person end up in a rich society, they still exclude you from their side of things....So uh, yeah, if the rich wishes to bail out, so be it. Time to go back to going rural and living in a rural place that doesn't charge you so much.
@@SuperFlashDriver communism has people not realizing what poverty is its not lazy people its people starving from malnutrition.
Lol communism? Where? We face rampant capitalism here.@@seankingwell3692
@@seankingwell3692 I mean, looking at what the Soviet Union in Russia went through from 1945 up until 1990...Yeah, it's not pretty and just as bad as North Korea. But people don't see it, and they don't realize how bad it'll be until it's too little too late.
It's the Haves and Have Nots.
What if we tax the shit outta corporations buying up houses?
20% tax on vacant unused properties.
@@bitbucketcynic Better yet, make it a law that if a building or house is unoccupied for over a year, it automatically get repossessed by the city and auctioned off. And we also need to make AirBnB illegal
@@nerychristian That's just theft. The point of taxing properties being held but not used is to disincentivize speculators and investors with too much money for their own good to buy up everything, and drive them out of the market because in the end they'll just lose money.
That would be socialism, my friend!
Nope, because that is Socialism
Politicians say that the economy is the best and the health service needs to be repaired, there are a lot of homeless people and they send money to wars
Not true
The problem is… when you’re living in a country of high cost of price of living… what will happen to a lot of people is you will have to work more hours & days… the best thing to do is find a proper career where you can live in a lower cost of living country out side the U.S.
Facts
It's ridiculous that so many news reports call homelessness "unhoused". I guess they think it doesn't sound as bad 😕
more "news-speak" a la 1984.
Just like they are trying to call illegal aliens newcomers.
Democrats 😂
Next thing you know they’ll call it “house free” just the opposite of free housing.
its because there extremely stupid and they feel if they make up words like unhoused its so it yes does not sound bad.But the media is full of crap.and will never always tell u the truth.Its why trump won he was already being who he really was truthful and says it like it is in his own ways.
The reason unemployment is down is because households have had to take extra jobs to stay afloat.
Great job w/ investigative reporting! Better than actual news media channels 🎉
I literally havent had a real meal in 4 days now because im trying to save money.
"How can i eat for less than $2 a day?"
As a recent graduate, those "entry level" jobs are not actually entry level. They require people to already be in the industry for years and have experience that they don't have to even qualify for an interview.
Fall 2022 graduate here (B.S. Comp Sci). Unemployed for 5 months after 1000+ applications. It's crazy. It seems to also be even harder because of the layoffs, because now there's a lot more experienced (or even overqualified) people applying for lower-level jobs out of desperation.
@@Fraktahl You need to apply for city jobs, or work at school districts. Those are the only steady jobs.
yep. Same I’m in the same situation as u
You need to wake the fuck up and lie on your resume.
I literally couldn't be a pizza maker because I didn't have 3 years of experience
At 80yrs.old I see the good the bad and the ugly.I made more in the 1980s than young people make today when you could rent a house at the Jersey Shore for $250.a month People are getting rich off the poor.
The dollar was worth more then.
You have to consider what the minimum wageg was back them and what the price of gas was. Also, the size of the house, the amenities, etc...
Thank you for acknowledging the difference. My mother who has had decades of wealth building is so out of touch with salary figures and understanding it is expensive to be poor. We are in an unsustainable situation.
What can be done about it? My former boss threw me under the bus and he is in a higher position and he got rich off me.
@@user-oq5ei4qd8r troll comment - user is always trolls
I remember when I was a kid ( about Cashs' age ) in college history classes they used to joke that the major event in any age after the fall of Rome was the "rise of the middle class". Also, the sure enough hopeful sign in any third world hell hole would be the emergence of a middle class. Yay. One might have thought there was a strong intellectual support for the existence of a middle class. Not so. It has vanished like an Avar.
I remember working for a gig app in San Francisco and they wanted to know which president I liked. I stopped using their side gig service instantly. It felt really creepy!
Why do we never talk about the elephant in the room? During Covid people were allowed to not pay rent and live free for almost 2 years. It was called a rent moratorium. The landlords immediately raised prices after it expired to recoup their lost income.
💉💉💉💉💉 cancer/ stab/ not working/ fast enough!!!😮😢. They want/ your homes/ land/ for future/ E l I t.e.s!!! Not useless eaters!! They NEVER took the/// stab!!😮. Just a matter of time!! Or do it again!!!😢
The elephant’s mother: People were forced to lose their careers and businesses were forced to close. So they literally had zero income. THEN they were allowed not to pay rent.
@@elyse443 What is your point? It's not the landlord's fault if someone lost their job. You still have to pay your rent and all your other bills.
Here are a couple reasons why there is a housing crisis: Local homeowners are converting rentals into airBnBs 2) Mega real estate investors BlackRock, Vanguard, and State Street are outbidding home buyers on residential homes and controlling the housing market that way.
Нет. Причина не в этом. Есть сценарий. Вас уничтожают. Мне очень жаль это говорить, но все американцы будут гореть в Аду.
Bc renters are squatting so its safer in some states to do air bnbs
I sell insurance and financial products and a guy I was writing a policy for was telling me about how walmart has their employees 401ks completely wrapped up in Blackrock. Most of these people are renters, they think they're getting a 6% match but in reality their own money is being used to price them out of the market and pay 25%+ od their income in rent.
@@danielmorris7648this is corrupt as f!
RFK Jr is the only candidate talking about this AND has a plan to help♥️
That is the plan.People from WEF said “You will own nothing and will be happy “
will be happy to simply be alive another day, yes, new feodalism
" “You will own nothing and will be happy “.
Well, it could be worse; you could own everything and be unhappy....
@@shyvikingPlease tell me this was a joke reply
@@shyviking😂😂😂
Everyday that laughably absurd and seemingly unaware statement begins to sound more like an coyly delivered implied threat. Like something a deranged technocrat serving one of the Orwellian dictatorships in 1984 might say.
Man, I love your videos. Your videography is on point.
My son and I went to Jewels (Chicago) yesterday - 2 small bags of groceries and 2 gallons of drinking water was $80!!! We bought essentials and all store brand no name brand and its enough food for maybe 3 days 😒 renewed my lease -rent went up, my car insurance doubled even with no tickets/infractions, gas keeps going up and so on amd so on!!
I make the most money ive ever made in my life and atill im living paycheck to paycheck! Something has to give, I cannot maintain this way much longer. And i know my fellow neighbors and family are all struggling too. 😔
The dollar is worth .03¢ that's why everything seems outrageous
Homelessness is increasing faster than the official statistics indicate. Many are choosing alternative living arrangements, such as living in a van, an RV, or even their vehicle. That's a group of people who don't report themselves as homeless because they identify as nomads, but many of them would chose a more typical form of housing if they could afford to do so.
Of course the homeless population is extremely increasing. What about all those illegal aliens that are coming into the US and we, the Americans, the taxpayers, have to support them and provide for them with everything they need?
i know someone living in a truck right now who has income and can't find anywhere to rent!
Tough times, when full blown AGI becomes reality get ready for even tougher times if you are middle-class and below. All that AGI is concentrated in the hands of very few individuals.
The rise of the gypsy class 🕶️
they are also dependent on bottled water, this is why I think they are upping the price we are cash cows and corporations like to think of themselves as "farmers" like Bill Gates. .
"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 them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson
Dang…..spot on.
Based on
cool it with the antisemitism
@@no.-trip4304😂
@@no.-trip4304The Federal Reserve bank exists to benefit "Them".
That is precisely why I have a trunk load of camping gear and supplies. My rent goes up poop. I’m out the door and I’m 71.
Awesome video my brother! Praise Him!❤
"Why is no one in charge doing anything about it?"
They don't care unless we make them care.
New yorkers vote the leaders in who do this. They had a couple chances recently and keep voting in far left people. It's their own fault
They’re paid off! We the people have to make a stand, but that ships already sailed as 64% of our population is overweight and obese. Not to mention distracted with social media. Best bet is for you to prepare yourself and family for what’s coming because it’s full steam ahead!
Because they are in on it
If only we lived in a country with more guns than people per capita 😂
This is the plan. Those in charge want slaves, not citizens.
What I don’t get is how has the corporate greed not fallen over from top-heaviness? It’s blatantly obvious that executives in large corporations are do-nothings.
Well it actually kinda has, multiple times. We've had multiple recessions and collapses the past decades, since the 80s. The government has bailed them out every time, to prevent exactly that. So the system just becomes more and more top-heavy, and the government has to spend more and more money to keep the giant whales that are the ultra-wealthy afloat. That includes giving them tax cuts, as well as bailouts, just to clarify.
the Plunge Protection Team helps
They steal our money with tax loopholes then when they collect so much they collapse, they’re given what they finally failed to steal from us with bailouts funded with the same tax dollars they were intending to steal in the first place.
@TheNN this keeps going and the dollar will be worth nothing, they keep printing the problems away
@@caingamin2 everything fades away huh
Truth be told, a complainer will always find something to complain about, and a leader will find a resolve.
It's not only in America that rent are syrocketing. Here in Europe too. World wide .
To add to the conversation, for some reason older generations assume we are all just lazy, not trying hard enough, or just doing everything wrong. The blame gets put on our character and not the system itself. Then comes the mental health consequences of blaming a systemic issue on the individual.
It’s not that cut and dry, most of these issues are due to choice. Trillion dollar corporations are preying on our dopamine imbalances but you can cook your own food, exercise outside for free, etc.
@@tomwaitsmencsea lot of things are out of control like the cost of things but you’re right about those areas. Exercise is free. There’s no need for a gym membership. You don’t need lavish expensive hobbies to keep yourself calm. Drawing dancing singing writing or cheap diy kits are good enough. People wanna act like healthy food is so unaffordable meanwhile two pizzas cost almost forty bucks, a trip to McDonald’s is insane, a bag of family size Doritos are basically the cost of a meal and it’s expensive AF to use DoorDash.
They got cheap houses where we don’t
@@aaabbb-ve9po
So, what's the solution?
why do we care about what older generations think? They are not important to us, their opinion are not important.
Rather think about the situation than someone's option on internet.
In Canada our middle class is already dead. Housing is ridiculous and wages have remained low.
Middle class were always the traitor class that bootlicked for the elite class and now that their power or eroding they have no one to blame but themselves while they didn't give a shit about the poor class.
That sounds like america.
people are making less and less money everyday. people are going backward and backward from having a house, car, and money to no house, car, and money to the point struggling to have food on the table. crazy.
Sounds like none of this is a coincidence since it’s also happening in a completely different country.
@@StillYHWHs50% of your income to pay rent is a great deal in some canadian cities.
To live alone in an apartment is like 75% of the average incomes for 30 year olds.
I am a landlord and owned many properties ,have sold out in the last few years or rather forced out by bureaucracies,regulations, inflation and high cost,now the rental properties that I owned I've heard have doubled their rates by the new owners
How were you forced out?
This is the most comprehensive summary of the current socioeconomic challenges we are facing. It's a terrible situation...
Once prices are up , they very rarely come down, especially utilities.
They do, just not till the purse holders expire
Yep.
They don’t ever come down
Maybe not during our lifetimes but study the great depression of the 1930’s.
The jobs ARE NOT out there!! My daughter got laid off in August as a project manager luckily she started working a part time job as a bartender/server in April with a wedding venue. She was also able to draw unemployment with the company that laid her off, which was based out of IL and we live in NC (she's in the Raleigh area). And as of this month she is STILL looking for a project manager job when the unemployment ran out in February she had to take on various server/bartender jobs. I feel bad for her and other youn professionals looking for work. Back in the 70's & 80's you could loose 1 job and pick up another job within 2 - 3 weeks. So on paper it might say there are plenty of jobs, but that is not the truth!!
Really tough market for PMs and managers right now. Companies don’t want to pay for experience. It is sad.
@@Milk-rn5uq experience exposes company secrets.......they want yes people not smart people
Blame the Democrats and Rhino Republicans! Climate crisis laws and mass migration taking jobs because they are working for less! Communism coming to parts of the country as we collapse over the next six months! Move where you need to be along the ideological beliefs/economic system that serves you best!
All corporate jobs are in a downturn.
There are plenty of jobs... for part time bartenders. REAL jobs? Not so much.
It's not just renters, it's homeowners, too. In 2009, I bought new, my 1866 sq ft 3 bed/2bath/2car garage in Dallas area Texas for $132K. Now it's been appraised at $390K, so naturally, my taxes and insurance are over 3 times what they used to be and of course utilities go up, too. I'm retired on social security plus a small pension, and I'm being forced out of my own home. I may have to sell out and downsize. Fortunately, I'm a handyman with tools, so I can fix up an older, cheaper place
Good luck to you and I hope you can do what you need to do (i.e.: keep or sell your home). All the best to you and us all 🌅.
I told myself that I can never have children in America due to the childhood I had around medical bills, my mom’s death when I was a little kid, and the medical bankruptcy. I met the man of my dreams, he’s German, I’m having kids but not in America. I can’t do it. I wouldn’t be able to afford the medical bills if I wanted to.
Yep
Huge red flag for me was when they raised the assessed home values across the entire country at the same time. I mean just taking it at face value, that takes a pretty high level of synchronization to accomplish if you think about it...
The dog and the man are working together 🤓
Would that have anything to do with home insurance. My insurance went up 125 per quarter. Twice as much as the previous 25 years.
This is starting to sound a lot like an old anti-Semitic trope.
I'd stop right there if I were you. I have Jonathan Greenblatt on seed dial.
So you think Robert Reich had something to do with it? I think he’d have a hard time synchronizing two watches, but whatever.
They have a monopoly
I make $55000 a year and work a second job for another $400-$600 a month and can't afford an apartment in Sussex County Delaware which is considered rural. The median income in my area is $32600 a year. I have good credit too. I don't know if it can be fixed. Election year or not. The ruling class is too far separated from the working class now. I sae another comment that said they dont need us anymore and I think that may be true.
The rich predator elite are done with US. They looking for the best way to sunset it in the best way possible.
Renounce your citizenship. Go to Mexico. Cross into the US and request asylum. Ask to go to NYC. Your trip and food will be paid for. Arrive in NYC and you will receive free housing, healthcare, EBT and a cash card stipend. Most importantly keep voting Democrat.
They dont need you until they do and when they do you will have to make them pay the price, no forgiveness for those who think its ok to mess up others people life.
Yup they don't need us
I'll just leave this here ✡️
We need a new Teddy Roosevelt style leader who is openly and resolutely agressive about monopoly busting, closing tax loopholes, and forcing companies to reinvest in communities that they draw resources and labor from.
We did. His name is Bernie Sanders.
@@fracta1001 We need a guy like Bernie sanders to actually win.
Great content and delivery. Thank you
My home was stolen from me by bureaucrats in Massachusetts! They created so many barriers, and I couldn't even use my own money to save myself!
They're doing this on purpose
Commies in Taxachusetts
You will own nothing and be happy
Only God can help you now my man so get saved by Jesus if you aint.
Massachusetts actually held my money hostage. I'm disabled and saved my money in retirement plans. I bought my home in 2003. I was forced to sell it in 2017. I had 3 times the money to pay for it and live my life without any government assistance. I was dragged under, and Massachusetts made life impossible! I was forced to sell my home to an illegal immigrant. It all looks like freedom of choice. I don't get any disability because it was given to illegal immigrants. It was in my local newspaper.
This is easily as bad or worse than the 1930s in the US.
Its worse. Your money had some actual value then. My grandparents paid 5,000 for her house on a nice lot in the city. Paid it off in 3 years. Grandma stayed home, raised 4 kids. They had a nice car too.
@@Anne2uIf you had told me 5 years ago that I would be paying $2,280/month rent (no utilities included) for a very basic 1980s home in a so so neighborhood, I would have told you to put down the crack pipe. 😒
HOME!!??!!? They're charging $2500 without utilities for a studio apartment! You get the bedroom and kitchen located in a 300sq ft living room with 1 full bathroom in the space of a half bathroom. On top of that, you have to pay a sperate Bill for parking. ❤
That horrendous Citizens United decision by the Supreme Court needs to be overturned completely or none of these problems can be solved and the USA will become more expensive, more unlivable, and more dangerously unstable.
I live in the uk and it feels like your talking about this country. We're all feeling it....and its hardddd!!
The fact that we have even one politician that gets rich after elections is a root of this massive tree of an issue.
Looking from the other side of the Atlantic, it seems that in America, it is difficult to become a politician if not already rich.
Did you know Trump was the only president who lost net worth? And he didn't accept his paycheck cept a penny
@@RonTodd-gb1eoIt’s true that you need money, but a lot of it comes from donations from supporters or the party. Many seem to make a lot of money in office, when their salaries are about $174,000. Something’s not right!
@@RonTodd-gb1eo Not necessarily, if your a minority in a blue district you can get picked to ensure minority votes, and get a free prop up in life. I.E. AOC.
I dont think you can nane one presidential canidate that wasnt already a member of the millionaires club lol even mr proggresive bernie sanders is a very affluant man from real estate lol 😂 american politics or capitalism government has always been about the rich holding power while also getting richer offg it@suew4609
Too much power in the hands of too few people.
Yes, all billionaires control our lives. They are selfish & care for themselves.
ok
Really? Everything you see is made by people, common people. Also bands, gangs, gov, nasa, police, army, etc are also made of people who need water to wash and drink, oxygen and food. Didn't come gates or klaus to install 5g,to check if you wear a mask or if you took the '' vaccines '' to ban car repair, heating, travel and all other modern stupidity. In all our history humans had a house. Now we become a great civilisation ppl sleep under bridge, they can lose their home and can't build one for poor made of sticks or mud cause is not allowed. There is nothing called power. Just some traitors taking blood money from rich to complete the plan. All others, about 8 billion living and complaining in virtual for what is happening in real life but also doing nothing to stop this. Good luck.
Too much power in the wrong hands.
We the people for the people of the people and by the people.
What we have is big government not of the people or for the people but is against the people.
@@raymondshaffer1984and that is why i support national populism.
In the end they will say “we didn’t force you to take the shot,” “we didn’t force the shutdowns.”
Check after check, this dude is ticking off all the boxes on the list, sayin it how it is, keepin it 100. Loved the video man, felt so relieved to hear someone else say it all
We were forced to leave our apartment because the rent was so high. We are now in a crappy weekly relying on help from friends and trying to find a job! I don’t care what politicians say the job market sucks! The rent is so high, even here in this crappy weekly, along with everything else that is so ridiculously high! We are struggling every day not to become homeless!
You got what you voted for.
@@Shyhalu I'm convinced you must be a Democrat trying to turn people away from voting for Trump. Because I can't imagine anyone being so ignorant as to think that would win people over to your side. Especially spamming comments like you are. But, if you are on our side, we don't want you!
Stop voting for Democrats this is their vision and they literally told you
Move and look for remote.
@@EconomicWarfare Its like you didn't watch the video. There was a burst of hiring after Covid but you can't just move to escape this. As you move to areas you drive up prices which triggers the same upward spiral of rent that drives people in the new place out of their homes. Moving won't change it it will just impact the place you moved to. Many of the jobs that are needed can't be done remotely. So you get a cycle: Losing your rental and having to move or become homeless causes you to lose your job. The job can't pay more because a slowing economy means everything from retail to health care is making less money so wages freeze. Now jobs can't hire people at the frozen wage because they can't afford to live near the job thanks to rent. Now the company can't hire and you have lots of jobs advertised but no one can afford to take the low pay.
Additionally moving requires money and when you are already skirting the edge of being homeless where will that come from?
Wall Street owns 19,000 homes in the Atlanta Metro Area…let that sink in 🤯
really, it is no longer a left right problem or a red blue problem. It is an upper down issue, if you get it. it isn't. they want us to think it is tho
Yep, the rental society they all believe is such a generous program. I assume it stems from the billionaires following the WEF via Danish politician Ida Auken's "You'll own nothing and be happy." Yeah, if we all had the existence and experience of Denmark's homogeneous population. She should have excluded America in her "essay" for her utopian vision.
They own 4.4% of the housing in the metro Atlanta area. Less than 1% of the entire us market.
@@MrMrabaunza Maybe "Wall Street". There are hundreds or possibly thousands of investment companies which own thousands or millions of SFHs. This is one of the factors in causation of this mess.
Who are the big Wall Street owners of Atlanta's homes?
I don't about you guys but Costco's Rotisserie Chicken has been a lifesaver for me and my family. It's basically the only meat we get in the week.
very solid points it will be tough to overcome
Groceries have gone up 78% not 25.
I agree! My grocery bill goes up by $ 5 to $ 10 every time I go shopping. Some items have doubled since dementia Joe has been president.
I hope that you will not spread those "values" across the world, as we there have enough our own problems. Greetings from Siury in southern Europe
Yeah that's bidens fault smfh remember the previous administrations choices are what we are living in currently
@@wolves1fan830 You need to take a history lesson and learn that Biden (Mr. Magoo) is the one responsible for the massive inflation.
Quite simple. Everything needs gas to be delivered. Joe decided to stop drilling. Gas price goes up. Everything goes up.
And that's only one of hundreds of their idiotic ideas.
A huge gap between rich & poor and a country with pathetic out of touch leadrship (across both parties) will lead us to a dystopian society. Thanks for covering this. Subbed.
Already started
This wage gap grew in the early 90's but it wasn't as dramatic and they were able to hide it pretty well. Today, we know a lot more since all the info is at our fingertips. The Gov is doing it forcefully, and shoving it in everyone's faces because they just don't care.
I've a master's in chem engr. with R&D experience at the largest research facility in USA at Oak Ridge and going on 2 years unemployed forced to move back to my tiny hometown only to become stuck here. It doesnt help that nearly EVERY online monopolized job application sites like indeed etc, CHARGE a hefty monthly fee to use the site to apply for a job.....WHAT???
They're charging to..try get a job?
Damn.
Back in the late 50’s the steam heat was turned off during the day in the apartment building where my parents lived in New York.
Send this to BILL MAHER, he doesn’t see a problem.
This !
Bill Maher belongs to the same tribe as those who control the economy and cause this problem
Bill is getting old there are a lot of problems he doesn't see anymore.
Bill Maher is the biggest deranged idiot that ever made it on TV
Of course he doesn’t from his Ivory Tower. Democrats keep gaslighting us on these issues as if they magically got better in the past 4 years
The issue is that Americans don't take their elections seriously and they elect incompetent politicans to office instead of Middle Class citizens themselves.
Right now, we have two men above the age of 70 running for President. They are also considered two of the most unpopular Presidents ever in the US.
On top of that, most Americans don't realize that those two men have limited power in domestic circumstances. Congress holds the majority of the power in the US.
Yet Congress has some of the most unpopular politicans in the US in it, AND they have been elected multiple terms.
On top of that, I believe that these parties really dont care about the average American. They care about their hold on power, which equals wealth to them.
We are our own worst enemy.
Amazing. The comment that speaks the most truth and happens to be the least popular according to likes. A perfect example of posters point in action. Shameful
Capitalism at its finest.
I wouldn't say just coming from the middle class - some of them failures, too. It's people with virtue and integrity with decent intelligence and who believe in the American Way.
Dude I’ve been saying this for years. I’ve thought about starting some kind of awareness or campaign.
I have absolutely no issue with any other point you make but the first. If you had swapped the order of points, I could almost guarantee that you’d have a lot more upvotes, simply because of the “RAAAR YOU ATTACK GUY I LIKE” factor-sad but true.
“There are three kinds of lies: lies, damned lies, and statistics.”
-Samuel Clemens
It seems almost impossible to see what’s happening to our beloved NYC . This is a truly dire situation that would have been unimaginable even a few years ago ! .
😢
This is important that I make this comment and I hope as many people read it as possible because it's remarkable. In 1987 I had an economics professor actually tell me that if the United States doesn't change the way it handles all of its economic policies, that by 2025 there will no longer be a middle class. And now I see this video.
Now I know why he taught at Loyola University, and I think Tulane also. Brilliant teacher.
He was able mentally and patiently to do the math
MIT did a report in the 70's that said the same thing, it also said we'd see a complete collapse of American society by 2050
But these two are not prestigious schools to begin with?
They need to build rural factories, incentivize remote office work and build starter homes, with yards and no HMOs. People weren't meant to live all squished together fighting for resources.
Bingo
Ya but the more people are spread out, the harder it is to distribute resources like food or medicine or energy… it is more efficient to distribute resources to people who live close to each other
@@attatawil People who live far from population centers learn to be self-reliant. Delivery trucks often have to travel through rural areas to get to the cities, as do rail lines that already exist.
I recall President Trump telling us how many empty factories were located throughout the country. It was thousands upon thousands of them. He talked about where they were located and what type of business they used to have there. He talked about what conditions they were in and what it would take to get them up and running again. He really knows what's available to us and I believe he wants to bring many of those factories back online. I can only imagine the differences it would make for our country if he were to make that happen. He can help our country if we give him a chance. He couldn't do any worse than what we've got now.
I've thought something like this too, why don't Millenial/ Gen Z work together to make exclusive starter homes, most likely smaller than the houses people could afford in the 40s-80s, but coming with land would be worth it. I think these two Generations can do a lot of good together, if they banded together that way.
Many years ago right after the Carter years as the Reagan years began I had gone to apply at a local cabinet factory where I was told they weren't looking for anyone. I stopped to get gas and as I was filling my tank I saw a large truck go by loaded with grade stakes. I knew things had to look up since grading land is the start of building businesses and homes. By the time I got home that day the phone was ringing. It was that cabinet factory that had that day turned me away. They asked if I could start in the morning. Of course I could. I worked there the next 8 years. That brings me to yesterday. I am now much older 73 and retired. I take mom 93 to dialysis 3 days a week. I picked her up yesterday and driving home we were stopped at a rail crossing. A fully loaded train very long flew by nearly every car was loaded with wood suck as studs for building. Where it was going I don't know. I am in N. Calif it was headed south. I suspect building will be picking up I suspect the economy if getting ready for a building boom under Trump. It is about time. I wouldn't be taking part because of my age. I did my part under Ronald Reagan many years ago. I expect many young people will go to work under Donald Trump. The criminal class the Democrats are about to be voted out and all I can say is Thank God.
I remember wayyy back a few years ago the government was shutting down businesses during the covid, it drove people out of business and switched people into buying off Amazon, people stopped working in these downtown and worked from home, many stopped paying rent even if they could afford to because they had permission and legal protection by the government. those downtown businesses that made it off workers being around as a customer base closed up, and simultaneously the government printed the shit out of money and absolutely wrecked the value of our money. I remember people saying "nothing is free" and we will eventually pay. Well, here we are getting ready to pay it back with interest now. Nothing is free and if people think it's bad now, it's just getting started.
Happening everywhere. Governments and those responsible should be ashamed for allowing this to happen and not stepping in. Time for change!
Half of em don't care about us, they forget who they're supposed to be helping.
this is happening everywhere in the world*
A case of Bottled water went from $3.50 to $7.00 in one year.
Wtf, lol. For some fking water.
@@erikdekker1and most of the price is for the bottle, not the water.
@@regishwadum It's pathetic and that sh*it also gives you cancer.
Setting up for world war 3 , setting up the same conditions as world war 1 and 2 , world war 1 Germany the inflation was so bad a wheelbarrow full of cash couldn’t buy a loaf of bread
Water is free, so…
Hi Jordan from Spain. I left LA and the US for Spain in 98 when times were good for many. I'm so sorry for the current state of affairs back there. Rents have increased dramatically here as well. Fortunately I'm staying in a family home which is affordable.
I made 58000 last year , I had 14000 taken out for taxes and 2500$ taken out for insurances , I brought home 42000 roughly
My rent is 1200$ 700 square foot apartment
My bills all together at the end of the year are 37700 roughly
I only have 88 dollars of disposable income a week and I live alone , no accidents or traffic tickets , I have debt from the past I’m paying off … I see no end to it I have no opportunity to get ahead I feel stuck and I see no way of getting ahead
I'm starting to understand why the bible mentions that this life is temporary and to focus on God/Jesus because heaven is eternal....
You won't be stuck for long just keep the faith
This is a global issue. Here, in Mexico, locals suffering from similar issues.
This world sucks for anyone who is not rich.
Nothing new then.
I'm in my 40s now, but my (material) standard of living was better when I was in my 20s, even though I'm earning much more now. There are a lot of people worse off than I am, but when people who always considered themselves lucky (like me) start to find things difficult, there has to be a problem - and one that's going to unimaginably worse for people who *aren't* lucky.
If we wanna fix it, we gotta fight for what we want.
Peace is no longer an option
Then maybe I need to leave this world.
@@zuzanazuscinova5209Incorrect, what we’re experiencing is a new phenomena
The problem is our livelihood is not nearly as profitable as being sick or dead.
To be fair, if we all died tomorrow the funeral services would get at least 7k per person
And, despite the high cost of living, it still remains surprisingly popular!
@@mothmaru lol wouldn't that be funny if Big Funeral were behind all of this (obviously a joke, funeral companies are not like big pharma or big oil, there's no major, multinational funeral corporations...my best guess is they're mostly local companies and have little influence on the macroeconomy and people's deaths)
@mothmaru What are you talking about, the funeral services would be dead too because of the people running them in the first place. We are all practically dead before we can die because we are wasting lives working all the time and have little enjoyment to care and have fun about our own lives.
Oh but, the rich somehow live and now they win!
At what cost?
When impoverished deteriorating smaller cities like Niagara Falls NY, Erie PA, Youngstown OH, Wheeling WV, and Saginaw MI all start rental increases and more expensive housing that nobody in those cities can afford than you damned well know that the USA is in increasingly serious trouble. When economically depressed and poverty stricken areas start getting expensive than you know that we have a very grave problem of affordability in this country.
One in four homes are now multi-family households. Children move back in. Parents need care. …. Everyone needs to “pitch in” financially and physically.
Very sad truth. This video is depressing to see. As a fellow New Yorker, I've been seeing all of these effects in various ways. My rent on my one bedroom in Queens just increased this month to $1690 a month (that's a discount for this area, btw). I'm trying to buy a car, but the used car market is insanely high as far as pricing. Insurance is high, gas prices are up, and like you said, congestion pricing is coming in June. I've been looking at homes in Connecticut, which will certainly add to my commute, but even they have seen steady increases in price. And don't get me started on groceries. I'm unmarried, live alone, and have no children, so I can imagine how difficult it is for other people here. It's disgusting.
lots of older 90s cars are pretty affordable and you can get some with low miles even, check cargurus
You got what you voted for.
@@Shyhalu I didn't mention who I voted for or if I even voted at all.
Guess you’ll die alone 😢
@@ice319 Good reply. I'm tired of keyboard warriors making snarky insults like that. Note: I grew up in Queens and it was an affordable, working-class place to live. What's happening in New York is already spreading across most of the states, and this problem was not caused by the voting habits of people in NYC.
This man and his channel has done more comprehensive journalism about NYC and how the economy has affected New Yorkers than any news show outside of John Oliver. Please share a link to this video to everyone you know. This is not just a New York problem or a 'big city' problem as politicians would have you believe because it's challenging municipalities nationwide and has begun to hit small towns as well.
And he is still 100% wrong about what is causing the problems lmao. Trying to blame the rate increase/decreases for loans on a problem solely caused by mass migration of 10+ million people combined with insane taxes to hand them all free welfare.
These ****** got what they voted for, its finally hit critical mass.
💯
This has been happening for years in Brazil, but after the COVID pandemic it became 10x worse
I'm just wondering what the heck could Cash be always carrying on that large back pack?! Maybe cash or maybe who knows.... lol
If we took a shot every time he says "That sucks!" and we'd be twisted yo. :D :D
@@BillAnt I personally bring my backpack around because it has the essentials/necessities for food and beverages, including camera equipment and a laptop if necessary.
Another great video. As a landlord, the largest increase in expenses last year was property taxes. I have to pay more to the government, so I have to increase rent just to cover the cost (aka I don't make more money). If you want to know why rents are so high, look at the property taxes (aka the government). Landlords don't ultimately pay property taxes - renters do.
With some new apartments renting for $1600 to $2800 a mounth in Aurora Colorado no wonder there are so many homeless people in the Denver Colorado area.
Leaving American for a better life is a sentence I never thought I would say, but it's basically the only option left.
I lived in Costa Rica for a year. You will be amazed how much less stress you feel. The US is a big echo chamber and other countries are not. Figure out what you want and act on it! Best of luck bro
Same. I am looking at Spain or Italy for retirement because the cost of living in the US is too high for me to consider retiring. Our standard of living has collapsed.
The best part is you probably voted for Biden😂
Nah, every registered democrat should be forced to stay in America and fix the problems they caused
I just moved to Canada while it isn’t the cheapest when compared to the US it’s very hospitable
@@juliansegall8861 No freedom there and Trudeau is working hard to collapse Canada.
I read an article and it said that if minimum wage kept up with cost of living, it’d be $30-35 per hour..
And a burger would cost $35.
Cost of living needs to come down, that’s the only solution. Raising minimum wages constantly only makes the problems bigger and worse.
@@user-zd3cc7to8hthere are record profits for large corporations. They can afford it they just don't care about poor people
@@joshuag.4873 Minimum wage only prices out people who want to start working from nothing. The only way to fix the price imbalances is to fix the damn money we use. Get rid of the Fed note. Nothing anyone does is ever going to fix it, it will either collapse on itself or people will literally be paid money that buys nothing before they realize they want to be paid something else.
@@user-zd3cc7to8hAgain with that bs argument. The way things are going, burgers WILL be $35 but min wage will be the same!
I mean my paycheck no longer covers my essentials. I can’t walk alone at night because we have more homeless. Every utility service is threatening to shut me off, which will def happen… because, I can’t pay them in full. Can’t put them on CC’s because, I don’t have one. Had to close my bank account because… well, after I cash it… every cent goes to what I can afford that week. I’m down to one meal a day, eating more is completely unaffordable. Went a year without washing anything because my washing machine broke, and I couldn’t afford to go to the laundromat. Took me over a few years to save $500 for a washing machine because every time I saved enough… another emergency came along and I had to use the money I saved.
People have said.. cut your expenses. Well. What more can I cut? I have no WiFi, landline or cable. Haven’t eaten out in 7 yrs.
But… hey. Our president says inflation isn’t happening… I believe him. Apparently, our economy has never been better… happy to see, I’m the only American with $$ problems. Glad to see the unemployment rates are down… too. That’s a relief. Well… hopeful everything continues to be great… I’d really hate to see how worse things could get in America. 😅
The same things are happening in Australia too.