76% of Americans living paycheck to paycheck
- Thread starter Street Knowledge
- Start date
I can't wait until people start getting desperate and there's a new wave of Depression Era type crime
already there its called fraud, that's the new crack
how would that help them make money though
Where does this belief that taxes will solve the problem come from?
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Piff Perkins
Veteran
Get ready for more of this as we transition into a service economy brehs. Fast food, data entry, selling tech products, etc. I was chilling with a chick from high school who was talking about how all the young people she knows are either back in college (community college) or working entry jobs. She's working at a call center making nearly 30k a year, no kids, apartment, etc so she's not doing bad...but it's a dead end job.
People don't understand that businesses are sitting on billions of dollars right now, with little interest in spending it to advance. And it has nothing to do with taxes, I know that first hand. It has to do with increases in worker productivity. Why hire 5 people when you can use 2 to get the job done? The recession forced companies to get smarter, and now they're caking while still using a recession gameplan.
When you hear politicians talk about cutting taxes, ESPECIALLY corporate taxes, recognize it's a scam. The companies are making ridiculous profits but not expanding. Why? Because they don't need to.
People don't understand that businesses are sitting on billions of dollars right now, with little interest in spending it to advance. And it has nothing to do with taxes, I know that first hand. It has to do with increases in worker productivity. Why hire 5 people when you can use 2 to get the job done? The recession forced companies to get smarter, and now they're caking while still using a recession gameplan.
When you hear politicians talk about cutting taxes, ESPECIALLY corporate taxes, recognize it's a scam. The companies are making ridiculous profits but not expanding. Why? Because they don't need to.
@DEAD7 was dropping dope shyt... and he basically paved to way in 2013 for an interesting opposition to group think (with politics and economy.... especially for repping fiscal conservatism)
and because i said he was nikka.
Majestic Pape
The-Coli = W SOHH = L
Good for them, I ain't seen a paycheck since May brehs. 
Majestic Pape
The-Coli = W SOHH = L
Why ISN'T it the job of the school to teach kids that though?
Why is important to learn about sedimentary rocks but not budgeting your money?
I posted in another thread about how a single man/woman making $50,000 per year in Chicago was borderline broke and had to break it down so that posters saw it made sense, and the average wage is lower than that, so I know people have to be out here struggling.
On the other hand, grown people truly understand that it's hard out here, so the people who ARE doing well, are really enjoying the spoils and fruits of their labor, and not even the super rich, I mean the managers/specialists making mid 6 figures with little debt and no children. They are like walking sirloin steaks to people out here.
On the other hand, grown people truly understand that it's hard out here, so the people who ARE doing well, are really enjoying the spoils and fruits of their labor, and not even the super rich, I mean the managers/specialists making mid 6 figures with little debt and no children. They are like walking sirloin steaks to people out here.
Get ready for job automation, brehs 
It will wipe out all the remaining jobs in the service economy, and even the likes of bus and cab drivers are going to get their jobs taken away like this self-driving cars in the UK.
It will wipe out all the remaining jobs in the service economy, and even the likes of bus and cab drivers are going to get their jobs taken away like this self-driving cars in the UK.
Well learning about sedimentary rocks is a chapter of Earth Science. Two important lessons you take away: effects of climate and history of earth. We can go much deeper into the importance of 7th grade science later and expose how many people failed to connect the lessons back then with the politics you vote on now.
What exactly is the coursework for learning how to budget your money? Don't spend more than you make. It's pretty simple. What you want is a course on delayed gratification. A course that teaches kids the difference between a want and a need. A course that teaches kids the destructive power of being superficial.
In essence, this course would be called LIFE. You know, that thing a parent is responsible for.
You're conflating a course on money management with other money topics:
- buying a house
- how to buy a car
- college financing
- investment
- life insurance
The same kids that would appreciate this material in high school are the same kids that are learning about it now at the collegiate level.
I think most people who want this taught in high school (over other subjects) are just making excuses. There is no reason to believe learning this at 17 vs learning it at 18 would matter.
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Majestic Pape
The-Coli = W SOHH = L
I took a class my freshman year of high school where we taught very basic money management skills (how to balance a checkbook, credit v. debit, very basic accounting shyt). It was an elective course though, and I don't know many other kids at other schools who took a similar class. I don't see why at the very least classes like this aren't taught.
And there are A LOT of things that are very simple that are still taught anyway, because no matter how simple something is, you still have to be taught it to know it.
And it makes a lot of difference learning this at 17 versus learning it at 18. Once you're 18 you're already technically a legal adult, so you can actually go out there and make whatever monetary decisions you want without knowledge. And learning it in college versus high school defeats a purpose because of the large percentage of people who never go to college. It's not like those who don't go to college don't need money management skills, they need it more than anyone else most likely.
Rocket Scientist
Superstar
If you can't balance a checkbook your an idiot.Simply put.