Quote (Plaguefear @ Jun 10 2021 09:13pm)
You are not paid well for what you contribute, your productivity is being stolen and wage rises have been below inflation for 20 years.
Millennials own 20% less of the countries wealth than boomers at the same age, the economy is gimmicked to syphon off wealth to one demographic and that is retirement age white men.
I started with nothing and got everything I wanted in life by knowing this system and how to exploit it like the boomers do.
The top 1% do not pay close to as much tax as the 99% and when they do pay tax its on the wage they earn which is nothing, they get paid in stock.
Half the people in this thread are discussing the majority of low paid jobs being automated, you have people homeless over medical debts you have people relying on charity or food stamps to get by despite working while bezos buys a boat so big its got another multi million dollar boat to dock with..
This is the best system you can come up with?
Trickle down does not work it never has this envy gaslighting is all about the rich wanting to maintain the wealth gap so they can feel superior and talk about how "hard work" got them to the top as if your average night fill worker works any less hard than middle management..
Alrighty - here's what I would respond with:
You are not paid well for what you contribute, your productivity is being stolen and wage rises have been below inflation for 20 years.
- Well it's again, hard for me to agree. I wrote a check for a 3 year old car a good 5 years ago and it's still only got less than 64k (and I spent $2,200 in maintenance and TLC out of pocket a few months ago since it's been a handful of years).
- I live in a very expensive area where rents are astronomical.
- I still have a very comfortable savings account (not funded by parents, or handouts, but discipline over the years).
- My kids have everything they'd ever need and in addition, quite a bit of their own money from Christmas and Birthdays (which I paid for) that they got faster than they spent.
- I also donate $50 a month to St. Judes and $35 a month to Shriners (and they get $100/$70 respectively after corporate match).
- If I wasn't paid fairly for what I do, why am I not struggling, can afford to donate (something is better than nothing) and my children are able to live a very comfortable life, too?Millennials own 20% less of the countries wealth than boomers at the same age, the economy is gimmicked to syphon off wealth to one demographic and that is retirement age white men.
- You do know there are black Millionaires and Billionaires too, right? They're not retirement age white men either. They are the same people who did what they needed to do to obtain the wealth they did in life. That's the beauty of capitalism - the sky is the limit and honestly, this alone contradicts your suggestion that capitalism keeps everyone down. It doesn't, in fact, the opposite. Capitalism is the only system that rewards success as significantly as it does.I started with nothing and got everything I wanted in life by knowing this system and how to exploit it like the boomers do.
- So then you should be considered pleased with the Capitalist system because it worked for you? Based on this, you put in your own individual efforts to succeed and have done so.
- Knowing you worked to get where you did, you feel someone who didn't is entitled to the same earnings/lifestyle as yourself when they didn't earn it?The top 1% do not pay close to as much tax as the 99% and when they do pay tax its on the wage they earn which is nothing, they get paid in stock.
- They do in dollars to dollars. Percentages? No. But if we're being fair here - 1% of $1 billion in taxable revenue is $10,000,000. The average person will never pay anywhere near that in their lifetime (and no matter where the money comes from, that % is higher than 1 everywhere), let alone a year. Just because they are able to keep a large sum of their profits (as we all do through our paychecks as well) doesn't mean they aren't shelling out quite a pretty penny.Half the people in this thread are discussing the majority of low paid jobs being automated, you have people homeless over medical debts you have people relying on charity or food stamps to get by despite working while bezos buys a boat so big its got another multi million dollar boat to dock with..
- My friend, I have gone bankrupt in my life (and some of which was over medical costs). This was a good 13 years ago so it's no longer impacting me at all and I am currently hovering at a score around 810 (No mortgage because I am saving to buy elsewhere than where I am now is considered a negative somehow). The reset button exists if you made poor choices in life and can't afford the bills you acquire as a result. It's not to be abused, though, and after my one string of mistakes, I spent the time and effort to become wise with finances and never have been close to the same fate since.
- You are correct - I am one of them as well. If we put our focus into offering those who jobs that could be automated some better educational opportunities to advance and take on more rewarding employment opportunities, that's the better approach. I can speak from experience when I say I do a job I love and get paid well to do so because I pursued my interests (and I am not talking a free ride through college - I started on my journey 2 years ago and never looked back - mostly self-taught and did pay out of pocket for some basic classes)This is the best system you can come up with?
Trickle down does not work it never has this envy gaslighting is all about the rich wanting to maintain the wealth gap so they can feel superior and talk about how "hard work" got them to the top as if your average night fill worker works any less hard than middle management..
- Well, I can say that when the past administration was in office, I paid less taxes. I still do now, but, that's coming to a close very soon as we know (I, as a middle class earner have already adjusted my net income to factor in a 7.5% tax increase because all of the money our new administration is literally flushing in handouts has gotta be paid back somehow).
- This is the best economic system I can come up with. Why? Because it doesn't allow those who want to sit around all day and collect a check to live the high life. And, again, I say this as one who has literally been poorer than poor. I'd say the same thing about my 18-21 year old self who fit that same category./edit - Also - I am 35 and far from a boomer, so, I have no hidden vested interest and can't afford a $5 million Jersey Shore home either.
This post was edited by CyrusTheGreat on Jun 11 2021 03:35pm