60% of Americans don’t have $1,000 in their savings. That fact keeps me up at night

basquebromance

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Nov 26, 2015
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we can do more for the American people and build a bold, progressive vision for this country
 
60% of Americans don’t have $1,000 in their savings

That sounds like horseshit to me.

It's true. I think it's even less than that.

The currency is so inflated that $1,000 is really only worth $40.

But that's the quickest way to destroy a nation. Destroy the value of its money and they're toast.
 
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we know prosperity has not been felt in some areas, including rural places.
 
we can do more for the American people and build a bold, progressive vision for this country

Need to end the Federal Reserve. It's the only way. We need to get back to free markets. This socialist monetary policy we have, central economic planning by a central bank, is destroying America. The inflation tax is the most regressive of all. And they don't even have to vote on it.
 
Why would anyone want a savings acct that only pays 2.3%? Other avenues pay more.
 
we can do more for the American people and build a bold, progressive vision for this country
The biggest problem is too many have bought into the advertising agency idea of American life.

Have large SUVs, the latest cell phones with unlimited data, a 2700 sq foot house in the suburbs, have a 70" flat screen, a maid and gardener, eat at red lobster each night.
Hard to put money away when you are trying to chase a dream that you are constantly paying intrest on plus paying for a college degree in underwater basket weaving. All on a thirty hour a week burger flipping job.

There are three things to do about it.
One live within your means. If that means a smaller house, eating in and older phones and cars then so be it.
Two is actually study a college course that will get you a job or learn a trade.
Three is work toward a better job with a better pay scale. But that will usually require longer hours and requires the ability to make decisions and handle stress.
 
It worries me as well because enough of them will form a mob to steal from those of us who have been responsible and saved for our futures.
 
It worries me as well because enough of them will form a mob to steal from those of us who have been responsible and saved for our futures.

Crime always rises when people are poor. Ever hear of the ghettos.
 
It worries me as well because enough of them will form a mob to steal from those of us who have been responsible and saved for our futures.

Crime always rises when people are poor. Ever hear of the ghettos.


The violence done by Socialism is many orders of magnitude worse than anything done by individual or gang affiliated criminals.

Just sayin'.
 
Raising the minimum wage does NOT kill growth

"by the time we get to 15 bucks an hour, it will be a 4million dollar raise for every hour for more than 500K families" - LA Mayor Eric Garcetti
 

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