In the last year, the ten richest men in America are 698 billion dollars richer



One would think a reckoning is forthcoming and soon.
 
The future is bright…

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77% of Americans can’t afford a median-priced home of $495K.



70% of Americans live paycheck to paycheck.



140 million Americans are poor or low-income.



100 million Americans have medical debt.

But hey, capitalism is fantastic!!!!
/——/ Care to back those numbers up?
 

How the Trump Administration Is Giving Even More Tax Breaks to the Wealthy​

With little public scrutiny, the Trump administration is handing out hundreds of billions of dollars in tax cuts to some of the country’s most profitable companies and wealthiest investors.

The Treasury Department and Internal Revenue Service, through a series of new notices and proposed regulations, are giving breaks to giant private equity firms, crypto companies, foreign real estate investors, insurance providers and a variety of multinational corporations.

The primary target: The administration is rapidly gutting a 2022 law intended to ensure that a sliver of the country’s most profitable corporations pay at least some federal income tax. The provision, the corporate alternative minimum tax, was passed by Democrats and signed into law by President Joseph R. Biden Jr. It sought to stop corporations like Microsoft, Amazon and Johnson & Johnson from being able to report big profits to shareholders yet low tax liabilities to the federal government. It was projected to raise $222 billion over a decade.

But the succession of notices the Treasury and I.R.S. have issued beginning this summer means the tax could bring in a fraction of that.


The backdrop being the SC has issued a temporary stay on the order to pay SNAP benefits in full.
 
/——/ Care to back those numbers up?
It may not be entirely accurate, but it’s close.

As of 2025, a significant portion of the U.S. population faces severe financial strain, with 70% of American households classified as financially unhealthy, largely due to unaffordable housing, stagnant wages, and high living costs. The median price of a new single-family home is $495,750, and 77% of U.S. households cannot afford this price point based on a 6.5% mortgage rate, highlighting a deepening affordability crisis. This financial pressure is compounded by the fact that 67% of Americans live paycheck to paycheck, a figure that has increased from 63% in 2024, reflecting ongoing struggles with inflation, rising housing and healthcare costs, and an uncertain job market.

  • 77% of U.S. households cannot afford a median-priced new home priced at $495,750, based on a 6.5% mortgage rate.
  • 70% of American households are financially unhealthy, with 67% of Americans living paycheck to paycheck as of 2025, up from 63% in 2024.
  • The claim that 140 million Americans are poor or low-income is not supported by the provided context, which instead reports that 70% of households cannot afford a median-priced home, a figure that reflects financial hardship but not a direct measure of poverty.
  • Approximately 14 million Americans owe medical debt, with about 14 million adults (6%) owing over $1,000 and roughly 3 million (1%) owing more than $10,000, though the context does not confirm a figure of 100 million Americans with medical debt.
 
Yeah you stick with Oswald acted alone and the Warren Report was accurate.

LMFAO.

This doesn’t fly any more Allen. You’re done.
It does and always did

You were OWNED on every thread
 
77% of Americans can’t afford a median-priced home of $495K.



70% of Americans live paycheck to paycheck.



140 million Americans are poor or low-income.



100 million Americans have medical debt.

But hey, capitalism is fantastic!!!!
What is your alternative liar?
 
Yeah in your small mind you think there is no alternative, because you’re dumb.

Anyone who thinks Oswald shot JFK and the Warren Report is accurate, can’t be too smart.

LMFAO!
wrong moron once again it is based on evidence

You only posted lies
 
77% of Americans can’t afford a median-priced home of $495K.



70% of Americans live paycheck to paycheck.



140 million Americans are poor or low-income.



100 million Americans have medical debt.

But hey, capitalism is fantastic!!!!

How many Russians, Cubans or North Koreans can afford a median-priced home of $495K?
 
The primary target: The administration is rapidly gutting a 2022 law intended to ensure that a sliver of the country’s most profitable corporations pay at least some federal income tax. The provision, the corporate alternative minimum tax, was passed by Democrats and signed into law by President Joseph R. Biden Jr.

Good. The government should only tax corporations on their taxable earnings, not revenue, gross profit or operating income.
 
77% of Americans can’t afford a median-priced home of $495K.



70% of Americans live paycheck to paycheck.



140 million Americans are poor or low-income.



100 million Americans have medical debt.

But hey, capitalism is fantastic!!!!
Inflation isn’t due to “capitalism”.

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IMG_1982.webp
 
You did backpedal

Now you are waffling

Humnas do not exist for their value within a community.

bhowever you are stupidly wrong they create more community value than they recieve. Wealth consolidation harms no one and does not need to be prevented
No one suggested people who are billionaires shouldnt exist. It was suggested there was no benefit from those people being billionaires. The billionaire title shouldnt exist. Not the people. Geez you are a drama queen.
 
Inflation isn’t due to “capitalism”.

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That is the dumbest thing I have ever seen. No offense.

It took 13 minutes of work in 1913 to earn enough money to buy a Hershey bar

It takes 4 minutes of work in 2025 to earn enough money to buy a Hershey bar

Average worker was paid $0.22 an hour in 1913 and now the average is $30.
 
That is the dumbest thing I have ever seen. No offense.

It took 13 minutes of work in 1913 to earn enough money to buy a Hershey bar

It takes 4 minutes of work in 2025 to earn enough money to buy a Hershey bar

Average worker was paid $0.22 an hour in 1913 and now the average is $30.
Ok, now do home values.
 
15th post
Ok, now do home values.
That is too hard for me to do quickly, lots of looking up, so I employed ChatGPT who said it takes 4 years of salary NOW vs 9 years back then to buy a house. I didnt check his work.

Here’s a summary comparing how many years-worth of income it took to buy a home around 1913 vs how many years it takes in 2023-24 (rough ballparks).




Around 1913​


  • One source reports that the average U.S. home cost about $4,800 in 1913. Answers
  • The average annual individual income around 1913 is less clearly documented, but some data suggest average individual income was around $531 (or correspondingly very low) for that period. Wikipedia+1
  • So: $4,800$531≈9.0\frac{\$4,800}{\$531} \approx 9.0$531$4,800≈9.0 years of average income to buy a home.

Interpretation: In 1913 an “average” home cost roughly 9 years’ worth of average income.




Around 2023-24​


  • The median U.S. home price around 2023 is about $416,900 (2025 data) and for 2024 median home price ~$364,750 in one report. Visual Capitalist+1
  • Median household income in 2024 is about $83,730 (in constant terms) for the U.S. FRED
  • Using the median home price of ~$364,750 and income ~$83,730: 364,75083,730≈4.35\frac{364,750}{83,730} \approx 4.3583,730364,750≈4.35 years of income.

Interpretation: In 2024 it takes about 4.3 years’ worth of median household income to buy a home.




Summary Comparison​


  • ~1913: ~9 years of income
  • ~2024: ~4.3 years of income
  • So relative to income, homes were much less affordable in 1913 (requiring more years of income) than they are now, based purely on price vs income.
 
No one suggested people who are billionaires shouldnt exist. It was suggested there was no benefit from those people being billionaires. The billionaire title shouldnt exist. Not the people. Geez you are a drama queen.
Jess you are a fuckiing idiot

billionaires ARE people

It is not a title
 
The "magic bullet" theory on which the legitimacy of the Warren report depends is a physical impossibility.
Wrong

The Warren report depends on no such thing. Conspiracy theories rely on it. It is conspuracy theorists who dreamt it up from thin air and it is a disproven theory
 
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