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Why do so many americans live paycheck to paycheck despite high salaries and resonable cost of living?
Some seems to say that over half americans, maybe up to 60-70% live paycheck to paycheck including many with salaries above $100k.

Yet even including things like cars, healthcare and student debt americans probably come ahead people of other countries due to higher wages and lower taxes and some things like houses even seems cheaper in USA than peer countries.

It do seems to me that americans live more extravegant than people in peer countries but is that the reason for financial struggle?
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It's an illusion if some people earn 100k
And others earn 10k

The high standard is that it's very cheap to live.

But the wages they're inflated to a point that those who earn 10k they're considered not be working in term of earning cash to the company.

What is 10k is supposed to be 100k but to give everyone 100k would make it very hard to compete in products.

The margins profit of a company is 10-20%

What they expect is 100% meaning they expect the company to pump out 9O% of its value. The remaining 10% is the wage who is paid by debts to the company and these debts keep going which means part time jobs are kept becoming more common as they can only do one thing. They can rob the bank.

It is no wonder why the economy crashes every 10th year as each company is waiting for the bailout of playing monopoly with the bank. 2008-2018 is 10 years which is the time of a 10 year treasury bond.

This has nothing to do with them. It has to do with that the bank expect to be given 100% back on the loan. But money decline in value over time. The bank don't care that the value has declined. You can't give anything else to the bank than a house as payment beyond the 100% houses becomes debt of banks wanting more value than the value of money. Or a share in a company is used as payment. We can call this the token used to compensate the bank for wanting what's not there.

Do you really earn 10k or is it just that your 100k salary is shared 90% to people you don't know about.

How does the company earn money. They don't. If you can't earn your wage on your own how can they.
Автор сообщения: Will be deleted
Автор сообщения: Animus
Tbh I'm a bit surprised OP's still here since they said they had planned to delete their account..
It take time for support to answer the request.
Sure but the goalpost has moved from "sending a message to a dev" to "quitting social media", right?

If you're quitting, wouldn't it be logical to quit while waiting for the response/deletion?
You just need to force the top to invest down.
99% tax on profit over 1 million per year.
Very low, 10% tax on corporations making less than 500,000 a year profit.

This would force investment to avoid paying taxes for the highest earners while allowing small corporations the ability to grow and expand for healthy competition and a healthy freemarket.

This kind of thing is what made America great in the past.

I still think it isn't too late to save the USD. Maybe I am just a dreamer, but I think there may be some true patriots left.
Автор сообщения: Will be deleted
Some seems to say that over half americans, maybe up to 60-70% live paycheck to paycheck including many with salaries above $100k.

Yet even including things like cars, healthcare and student debt americans probably come ahead people of other countries due to higher wages and lower taxes and some things like houses even seems cheaper in USA than peer countries.

It do seems to me that americans live more extravegant than people in peer countries but is that the reason for financial struggle?
high cost life

remember healtcare is not free

also dont use average $$$ incoming, but median $$$ it show you the true $$$ incoming for the average american

average $$$ incoming is cheated by billionare people like elon musk, tim cook, bill gates
Social Security used to be much better... as the years have gone by they give you less and less.

When I joined the workforce people on SS then got everything free.
No copays
Everything included Dental, Vision, Prescription all 100% covered under the retirement bubble. The idea was not to impoverish the elderly. When people cared for others.

But that idea has changed a lot since then. Now you pay extra for everything.
Отредактировано GunsForBucks; 14 июн. 2024 г. в 14:19
I guess the salary here is lower, but a lot of the costs are already covered by other means (taxes), so the bills are lower here as well.

Also in a country with no real job security, You better live from paycheck to paycheck - and i further guess it works that way in most parts of the world for most people. While certain countries may have some social security system, so You still have income if You lost Your job, when certain insurances are connected to the income. You couldn´t pay these insurances, when it´s an absolute amount to pay - but You don´t have income, or too little.

But all in all i don´t think many middle class or lower households here could keep up with their costs if they had no income for a month or two. So they basically also live from paycheck to paycheck. Usually if the people earn more, they would also spend more. Like better flat/apartment/house, better food, better car, better clothes, more insurances, more vacations abroad, more activities which cost money, etc. One needs to reward oneself for the effort put into getting the money, as reason to say it´s worthwhile and needed for the society.
Автор сообщения: Eld3r
Автор сообщения: GunsForBucks
Social Security used to be much better... as the years have gone by they give you less and less.

When I joined the workforce people on SS then got everything free.
No copays
Everything included Dental, Vision, Prescription all 100% covered under the retirement bubble. The idea was not to impoverish the elderly. When people cared for others.

But that idea has changed a lot since then. Now you pay extra for everything.
we are supposed to get near 6 figures just for social security at age 70

i'm sure we will be means tested out of that by the time we hit 70
Frankly I don't know the rules anymore as they change all the time and I have been on SS for years now. In my time it would max out at some point. I did that before I retired and get the "max" amount from just SS. That amount is just above the poverty line. If I made any less I would get all benefits free as a low income person. They want you to get just enough to bleed you dry. I can't afford it, I just have the basic I am forced to get to cover Dr visits with copays etc. I don't even go to the Dr anymore, I couldn't afford the meds if they told me to get some. I have placed my life in God's hands.

No drinking radioactive juice to see if I have cancer for me, or being turned into a hand puppet.
Pass. Let me die with dignity.
Автор сообщения: GunsForBucks
Автор сообщения: Eld3r
we are supposed to get near 6 figures just for social security at age 70

i'm sure we will be means tested out of that by the time we hit 70
Frankly I don't know the rules anymore as they change all the time and I have been on SS for years now. In my time it would max out at some point. I did that before I retired and get the "max" amount from just SS. That amount is just above the poverty line. If I made any less I would get all benefits free as a low income person. They want you to get just enough to bleed you dry. I can't afford it, I just have the basic I am forced to get to cover Dr visits with copays etc. I don't even go to the Dr anymore, I couldn't afford the meds if they told me to get some. I have placed my life in God's hands.

No drinking radioactive juice to see if I have cancer for me, or being turned into a hand puppet.
Pass. Let me die with dignity.

From what I can understand that Social security disability and retirement benefits is based off how much you make average in 35 years of work history. If you made less while working then it would not be enough for retirement.

For this reason is why those who retire, move to a different country that has low costs of living. Thailand, Cambodia, and Vietnam is one of those attractive cost of living.

US side, retirement social security is way below what you need to live on in US. The government assumed that you should have pension from your old job as other income.

Bernie Sanders few years ago has offered $2000 per month for low income persons. The Congress never voted for it. Unfortunately US is the country that hasn't have any true social programs that in line with current cost of living.
Отредактировано freemankrystina892; 14 июн. 2024 г. в 18:29
Right now, as we speak there are people going all out to get ahead.

Even in the tech sector some of them earn what most would consider to be high salaries- but they live in high cost of living areas such as the Bay Area- so they sleep in their cars for years in order to save enough money to someday launch their own . com.

That is the missing toughness and grit that so many are lacking.
Don't live in your car. Period.
Making a living and earning money two separate things everywhere.
Housing for U.S. Citizens is viable through plenty of organizations.

Musical chairs is probably the best example. Sit in, wait to be called try again somewhere else or sameplace until skills become apparently obsolete. Garner support for new training.

Eating 1000 persons breathed on free cheese and pretending to think huffing fumes within car while sleeping doesn't effect abilities once again is, Don't.

Papermills for computer science majors. Distributors of materials or supplies for technicians. Mass transit examination and civil service test in between to make major moves into areas less frequented by .....

Think best way to trial and error is how much does a beer cost and how much does the beer can manufacturer paying to hire. This skills to create cylinders at high rates of speed spells into so many facets. Obviously coax cable is gonna be like when the elderly state I used to pay a dime to fill my tank=I used to have to screw into the internet with a copper insulted wiring in my day.


Times show (something jive stated here)blah blah blah blah

Make a dollar and can't buy an apple with it. HAHHAHAHAHAAHHA apple..you get it?

(Diner)Can I get a rootbeer?(waitress) sure it's in a bottle. (Diner)Then can I get some milk instead in that bottle. *The tip is 22% ontop of the 5-10x markup and they won't even bring a glass with ice with it.

*eating raw uncooked meals will in fact make you sick.
Автор сообщения: Will be deleted
Автор сообщения: tf2 pomson enjoyer #FIXTF2
Rent goes up, wages don't.
Average Hourly Earnings of All Employees, Total Private (CES0500000003) From FRED say it was $20.05 March 2006 and $34.91 in April 2024 so it seems like wages have gone up.


Government has been producing worthless data for ages now.

Fact is people wouldn't be feeling bad about the economy if any of that were true, inflation far exceeds anything claimed while mass immigration distorts everything.
zer0 post, 17 pages . . . classic

Go 0T Peeple! :steamthumbsup:
Many people do live beyond their means which can (in my opinion, usually) is their downfalls in economics. There is an advice that I tell "certain" people who want to change their finances.

"Downgrade your lifestyle to upgrade your life."

It means to stop spending on junk you don't need and use that money to make more money. A Rolex watch and a Casio watch both tell the time. A common hatchback and a Lamborghini both take people from A to B. People don't need expensive things to live.
Отредактировано Angel; 14 июн. 2024 г. в 22:34
Автор сообщения: Tito Shivan
Автор сообщения: Dutchgamer1982
kids are a moral obligation.. which is why I propose negative child support
(tax the heck out of people without kids...)
+make pensions/401k or whatever 100% taxed if no kids.. 75% taxed if only 1 kid 25% taxed if 2.. and 0% taxed if 3 or more. or something like that.
TLDR: You want poor people to have kids they won't be able to afford to later grow up as cheap and abundant labor.

That rethoric sounds familiar.
Right? This guy went from making (some) sense for a few pages, to being full of himself two pages prior, (bragging up IQ and religious studies of all things—in comes Mr. Hawking), and is now on the "have kids or die, we need workers" train. Only 6 more pages to go, I wonder how this unravels?
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Все обсуждения > Форумы Steam > Off Topic > Подробности темы
Дата создания: 12 июн. 2024 г. в 7:51
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