THAT Ted Talk about America

[76561199278013014]

There was recently a TED Talk that blew up, far surpassing their videos' usual view counts of around 50k, reaching 3.2 million views in just 5 days. It also has quite a lot of interaction (likes, comments) for a video of its view count, and has sparked various discussions and reactions.

The Ted Talk discusses how young people in the US are worse off financially than ever before. What are everyone's thoughts on this?

https://www.youtube.com/watch?v=qEJ4hkpQW8E

[Chalupacabaras]

Truth původně napsal:

The Ted Talk discusses how young people in the US are worse off financially than ever before. What are everyone's thoughts on this?

Here in the South, we call them "new-found money people" or just "new money people". Got no common sense, no real drive to be a productive member of society, always mooching off of others to survive because they're always broke. Then they win the lottery one day, maybe some relative kicks the bucket, but they suddenly end up filthy rich.

Then they start treating everyone like crap, acting all big and mighty, crying poverty over weekend benders of Cristal and cocaine, because they got exactly what they wanted and it only cost them everybody who rolled with them during the hard times.

Now they're entering adulthood with no job skills, no basic life skills, no interpersonal skills, no reputation and no real friends... just the massive wealth, making them become the very thing they've openly hated.

I have no sympathy.

[⛧CyberDemonEmpress⛧]

BassTurd původně napsal:

So far the US has given Ukraine about $75 billion in aid to fight their cowboy and Indian war with Russia.

Just remember that next time you break down and cry because you can't afford groceries or pay your phone bill.

Imagine if that 75 billion went into creating jobs and helping our country, but that would make me a dirty socialist, right?

This might be hard for to believe but the US has several corporations that generate over a trillion dollars a year all of which empowers the US economy. The US it's self generates 20 trillion dollars a year. So no, it's not a jobs issue. It's that we have a generation of worthless people corrupted by socialist ideology that are ignorant enough to think 75 billion doillars is alot of money to a country as wealthy as the USA.

[Chalupacabaras]

⛧CyberDemonEmpress⛧ původně napsal:

BassTurd původně napsal:

So far the US has given Ukraine about $75 billion in aid to fight their cowboy and Indian war with Russia.

Just remember that next time you break down and cry because you can't afford groceries or pay your phone bill.

Imagine if that 75 billion went into creating jobs and helping our country, but that would make me a dirty socialist, right?

This might be hard for to believe but the US has several corporations that generate over a trillion dollars a year all of which empowers the US economy. The US it's self generates 20 trillion dollars a year. So no, it's not a jobs issue. It's that we have a generation of worthless people corrupted by socialist ideology that are ignorant enough to think 75 billion doillars is alot of money to a country as wealthy as the USA.

The bittersweet irony is that they'd be the very same people dragged first before the firing squads in countries that fall to Socialist regimes.

[Kissing Fish]

TED Talks - Because common sense and critical thinking are passe and overrated lmao

[xDDD]

Yeaaah we're pretty screwed

[Fake]

Who is Ted and why is he talking about America?

[Kissing Fish]

Chaosolous původně napsal:

This is the first generation in awhile to do worse than their parents before them.

The 1930's great depression+ww2 generation people says otherwise..

[ナルゴ]

Watched it now. He pointed out ongoing problems but the solutions proposed are shortsighted and terrible.

-Increase minimum wage
-Income based affirmative action
-Break up big tech
-Expand child tax credit
-Expand higher education to allow more entrants and reduce tuition costs
-"Negative income tax" aka Universal Basic Income

THE USA. CANNOT. AFFORD. THIS.

The USA is borrowing 8-9% of GDP this year. Even if you take every penny from the super rich, you'll only raise about 1-2% GDP.

His solution is to literally just steal money from the engines of wealth generation
-Make taxes even more progressive
-More capital gains tax

If you keep increasing taxes, the market will adjust. You'll reduce investments, opportunity, innovation, and overall wealth.
That's how you become like Europe. A region in decline. A region without anything comparable to Apple, Alphabet, Amazon, Samsung, Huawei, Sony, etc.

The ONLY thing I agreed with was the banning of phones in schools and the body positivity movement

Here's how to actually fix the debt.
1.) Stop sending hundreds of billions to other countries.
2.) Food regulation to keep people from overconsuming and getting fat, which adds to the already bloated healthcare burden.
3.) Priority in spending should be spending WITHIN America and for America's continued economic growth.
4.) Remove minimum wage. Let the real value of labor determine wages/salaries. Let small and medium sized businesses be competitive again.

Yes, the newer generations have less prosperity. That's what happens when there's overpopulation. There's only so much arable land. There's only so much to extract out of the land. There's only so many people that can be supported.
Supply and demand and then scarcity takes effect. Competition becomes harsher. People have less. You can give people all the university degrees they want. But that's not going to matter when millions of degree holders all want the same thing, and there's not enough to go around.

This guy is no economist. Just clap-trap phrase after clap-trap phrase with no basis on how to actually implement things well. This is partly how the US economy got bad in the first place. Short-sighted changes with good intentions. FREE STUFF FREE STUFF until the government runs out of other people's money and collapses.

[Boblin the Goblin]

Nargo původně napsal:

Watched it now. He pointed out ongoing problems but the solutions proposed are shortsighted and terrible.

-Increase minimum wage
-Income based affirmative action
-Break up big tech
-Expand child tax credit
-Expand higher education to allow more entrants and reduce tuition costs
-"Negative income tax" aka Universal Basic Income

THE USA. CANNOT. AFFORD. THIS.

The USA is borrowing 8-9% of GDP this year. Even if you take every penny from the super rich, you'll only raise about 1-2% GDP.

His solution is to literally just steal money from the engines of wealth generation
-Make taxes even more progressive
-More capital gains tax

If you keep increasing taxes, the market will adjust. You'll reduce investments, opportunity, innovation, and overall wealth.
That's how you become like Europe. A region in decline. A region without anything comparable to Apple, Alphabet, Amazon, Samsung, Huawei, Sony, etc.

The ONLY thing I agreed with was the banning of phones in schools and the body positivity movement

Here's how to actually fix the debt.
1.) Stop sending hundreds of billions to other countries.
2.) Food regulation to keep people from overconsuming and getting fat, which adds to the already bloated healthcare burden.
3.) Priority in spending should be spending WITHIN America and for America's continued economic growth.
4.) Remove minimum wage. Let the real value of labor determine wages/salaries. Let small and medium sized businesses be competitive again.

Yes, the newer generations have less prosperity. That's what happens when there's overpopulation. There's only so much arable land. There's only so much to extract out of the land. There's only so many people that can be supported.
Supply and demand and then scarcity takes effect. Competition becomes harsher. People have less. You can give people all the university degrees they want. But that's not going to matter when millions of degree holders all want the same thing, and there's not enough to go around.

This guy is no economist. Just clap-trap phrase after clap-trap phrase with no basis on how to actually implement things well. This is partly how the US economy got bad in the first place. Short-sighted changes with good intentions. FREE STUFF FREE STUFF until the government runs out of other people's money and collapses.

Removing minimum wage just leads to greater exploitation.

[ナルゴ]

Hongkong didn't have a minimum wage until 2011.
Singapore, Finland, Sweden, Norway, Denmark, Italy, etc have no minimum wages.

What actually happened was the economy became more efficient.
People naturally avoided oversaturated industries that have wages driven down by excess competition, and there was less unemployment.

Minimum wage is just a band-aid solution that eventually leads to inflation, job cuts, and destruction of smaller businesses. (and by extension, the middle class)

People should honestly stop thinking in "rights", "living wages" while crying about exploitation. That's called unwarranted entitlement. It's a world of competition and scarcity, act like it.

If you want a good income, attain the prerequisite skills in the appropriate industry while living within your means in the meantime.

This hardy industrious mindset is exactly how asians and asian diaspora manage to become world class workers and achieve prosperty wherever they go.

Don't need coddling and handouts in the form of social programs, minimum wage, affirmative action, and other such nonsense.
Let the lazy, incompetent, and indolent fail. They're a self solving problem because they don't and shouldn't raise families. Their poverty ends with their generation.
Let the hard workers thrive.

[𝔈𝔩𝔊𝔯𝔦𝔫𝔤𝔬]

I agree. American's are spoiled, ignorant and unstable in many ways. Many American's are worse off due to their own decisions and many American's are worse off because they can't find a way above their government and economy. That middle ground is wearing thin.

We have a HUGE social/economical gap. People living just miles from each other,. but living completely separate realities... that's my country.

[ZZZZZ]

TGC> The Games Collector původně napsal:

BassTurd původně napsal:

Imagine if that 75 billion went into creating jobs and helping our country, but that would make me a dirty socialist, right?

Nah, according to the crazy logic these days, if you want to spend money on your own country, you're an extreme right nazi.

those people are extremely rare.. I always see people who dont want to send to other countries but they usually never want to invest into their own country either

[Boblin the Goblin]

Nargo původně napsal:

Hongkong didn't have a minimum wage until 2011.
Singapore, Finland, Sweden, Norway, Denmark, Italy, etc have no minimum wages.

What actually happened was the economy became more efficient.
People naturally avoided oversaturated industries that have wages driven down by excess competition, and there was less unemployment.

Minimum wage is just a band-aid solution that eventually leads to inflation, job cuts, and destruction of smaller businesses. (and by extension, the middle class)

People should honestly stop thinking in "rights", "living wages" while crying about exploitation. That's called unwarranted entitlement. It's a world of competition and scarcity, act like it.

If you want a good income, attain the prerequisite skills in the appropriate industry while living within your means in the meantime.

This hardy industrious mindset is exactly how asians and asian diaspora manage to become world class workers and achieve prosperty wherever they go.

Don't need coddling and handouts in the form of social programs, minimum wage, affirmative action, and other such nonsense.
Let the lazy, incompetent, and indolent fail. They're a self solving problem because they don't and shouldn't raise families. Their poverty ends with their generation.
Let the hard workers thrive.

Finland has a minimum wage. Sweden and Denmark have trade union agreements that set a minimum wage in each sector.

Something that can't work in the US since businesses have always tried to bust unions.

[ハイイロギツネ]

𝖠̶̶̅𝖨̶̶̅𝖬̶̶̅ původně napsal:

I agree. American's are spoiled, ignorant and unstable in many ways. Many American's are worse off due to their own decisions and many American's are worse off because they can't find a way above their government and economy. That middle ground is wearing thin.

We have a HUGE social/economical gap. People living just miles from each other,. but living completely separate realities... that's my country.

Poverty is not always a moral failing.

There are many factors including poor government and leadership.

[𝔈𝔩𝔊𝔯𝔦𝔫𝔤𝔬]

SlowMango původně napsal:

Nargo původně napsal:

Hongkong didn't have a minimum wage until 2011.
Singapore, Finland, Sweden, Norway, Denmark, Italy, etc have no minimum wages.

What actually happened was the economy became more efficient.
People naturally avoided oversaturated industries that have wages driven down by excess competition, and there was less unemployment.

Minimum wage is just a band-aid solution that eventually leads to inflation, job cuts, and destruction of smaller businesses. (and by extension, the middle class)

People should honestly stop thinking in "rights", "living wages" while crying about exploitation. That's called unwarranted entitlement. It's a world of competition and scarcity, act like it.

If you want a good income, attain the prerequisite skills in the appropriate industry while living within your means in the meantime.

This hardy industrious mindset is exactly how asians and asian diaspora manage to become world class workers and achieve prosperty wherever they go.

Don't need coddling and handouts in the form of social programs, minimum wage, affirmative action, and other such nonsense.
Let the lazy, incompetent, and indolent fail. They're a self solving problem because they don't and shouldn't raise families. Their poverty ends with their generation.
Let the hard workers thrive.

Finland has a minimum wage. Sweden and Denmark have trade union agreements that set a minimum wage in each sector.

Something that can't work in the US since businesses have always tried to bust unions.

Depending on where you are in the U.S, you actually get better pay/treatment/healthcare going with a union. It's really only in the Southern states in the U.S that are non-Union. Union workers make more, work less, get insurance and have pensions where I live. Non-union workers are treated like dirt here and that discrepancy isn't obvious here either.