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Don’t forget that Medicaid and Social Security Disability still have the same $2,000 MAX asset limit (aside from a car and low-value residence). Back in 1974, that was a down payment on a house. Now that isn’t enough to rent a place to live, not enough to fix a car, and if you somehow have more than $2k in assets,( (DHS does bank and tax monitoring) they take your medical and food away, despite being disabled. If adjusted for inflation, it would be about $13k. Enough to put a down payment on a small house. A 2k limit enough for people with disabilities is BARBARIC.
I’ve written to so many politicians about this archaic rule and Lisa McClain told me that it’s that low, so that only the truly destitute use it… despite us paying taxes all our lives to protect us from starving. I was told that the disabled weren’t as important as older voters who deserve retirement disability.
I was told that the disabled weren’t as important as older voters who deserve retirement disability.
As a voting block with UBI (Social security) and Medicare, lifting the ladder up after them as a class is a reliable voting influence, and they turn out to vote. A lifetime of Israel first warmongering rulership brainwashing makes them an important constituency.
Income inequality is also much higher than it was in 1971, it’s about where it was at the start of the Great Depression
Doesn’t the quotes just ruin his whole thing? You either say “so much for progress” or something like “thanks for the ‘progress’”. 'So much for “progress” ’ feels like a double negative
Strong disagree.
Putting it in quotes highlights the alleged progress that gets talked about. But it calls it out as false. This isn’t uncommon in English, not sure of other languages.
The most disturbing stat is that our contempt for the rich hasn’t really multiplied at all.
Speak for your damn self
Luigi converted a few people but so much more work to be done.
I bought a 3br 2ba 17k sqr house in the suburbs in 2017 for 135k and a hybrid car with 10k miles on it for 20k a few years ago. I’m really confused at these numbers. Are people just living outside their means and hoping collectors won’t come knocking? I was making 55k at the time and I had no real financial troubles.
Huh. I wonder what happened between 2017 and today?
https://www.businessinsider.com/personal-finance/mortgages/housing-bubble
Also…
https://www.bankrate.com/mortgages/historical-mortgage-rates/
This has some serious boomer “I paid $25 a credit in college so I don’t see why you are all taking out big loans” vibes to it.
Thats a lot more recent than 1971.
Maybe that’s because they were talking about what changed between 2017 and today.
I’m not a mathematronicist, but I’m pretty sure 1971 came before 2017.
So doesn’t that mean it’s a housing bubble issue? It seems like the focus on 1971 is designed to mislead people to think it’s not a (very) recent phenomenon. This just seems like another “grr boomers” post which is just more division that serves to redirect anger from the ultra wealth.
Is housing the only thing mentioned in the meme? Is the fact that housing is even more obscenely expensive than it was in 2017 so that far fewer people can afford it than even could then some sort of proof that things are better now?
The car metric is for a new car. I think it’s a valid assessment even if buying a used car is the better option for most people.
A 17k Sq ft house for 135k? I’m calling bullshit. Maybe 1.7k.
Ah, yes, you’re absolutely correct.
Can’t speak for everyone, but COVID really drove up prices. Imo, there has been some gauging since then by keeping supply low. However, at least in my neck of the woods, prices seem to be going down and feels like we are getting back to pre-covid.
People see all this and then continue worshiping the state, promoting its fiat paper covered in slavemasters, and actively participating in its planetary destruction. The whole system is a scam. It’s completely obvious.
It’s ok if people want to criticize crypto because it’s also garbage capitalism. But that’s nothing compared to what the state is doing…
How would you guarantee my safety without a state? What would stop some group of people who decided to rape and pillage from doing so?
Let me save you some time :)
There are never actual well-thought-out answers, just a chain of poorly constructed what-ifs
The answers always put them in control without any guardrails and just require everyone to assume they’re good-hearted people with good intentions.
Exactly. And then when you question them further, you often find out that they would not be one of those good-hearted people who would pay them to solve the problem.
What would stop some group of people who decided to rape and pillage from doing so?
Who is stopping our oligarchs and their CEO lapdogs from doing this now?
Elites in fact rape poor people’s children… Healthcare CEO pillage family’s bank accounts if one of them has health issues?
You’re evading the question. Please answer it.
There is no safety for the working class right now. Your above comment implies that there is. If poor people can’t have safety, then the rich don’t get it either. You keep shilling statist bullshit. We discussed this already.
Now answer my question…
Nope. You’re still evading. What I am talking about is happening right now in Haiti. There is no state. Gangs are taking over towns. People are getting raped and murdered in their homes. And this is the paradise you want.
So you position is either we have the current regime or we get Haiti style situation?
There is no possible scenario where working people get a better life?
You do understand that government is just a tool?
This tool is currently being used against working people by the ruling class.
Then we have people like you spending day in, day out defending this clown shit using some generic propaganda tactics, fear here specifically.
Nobody advocating a stateless solution… specific comment:
People see all this and then continue worshiping the state
That’s what you do on the daily here lol
You then proceed to imply that original comment was promoting some sort of anarchy to which you respond with leading questions to highlight how dangerous this line of thinking is. Strawman?
Nobody advocating a stateless solution…
Interesting how you only quoted part of what you wrote.
Here it is in context where you are suggesting that states are a scam and those that support them are destroying the planet:
People see all this and then continue worshiping the state, promoting its fiat paper covered in slavemasters, and actively participating in its planetary destruction. The whole system is a scam. It’s completely obvious.
You also literally used “statist” as an insult.
You are clearly not discussing this in good faith, so I think I’m done here.
They’re not.
Who is stopping them now? Because if you say “the police”, you’re going to have to cite some sources. They not only don’t stop anyone from being raped, they routinely side with the rapists, or even employ them directly.
Again, take a look at Haiti right now or Somalia 20 years ago if you think there is a difference in safety between living in a state and living in a place with no state.
And when you say “the police,” the police in which country? Or are you suggesting there are no police in any state on this planet that stop gangs from running rampant through towns?
if you think there is a difference in safety between living in a state and living in a place with no state.
nobody said this… only you are saying this here.
Sorry, you’ve already shown you are not here in good faith.
Does the state guarantee you that? What’s your net worth?
See my comments to others about Haiti and Somalia. I will enjoy you also evading the uncomfortable truth of what happens when there is no state.
Also, not that it’s any of your business, but my net worth is in the negative ten thousand dollar range. What about yours, since we’re sharing? Will you even tell me?
But somehow people are mad at queer folks and foreigners instead of the C-suite and their boards.
Somehow? If it’s not obvious that there are several engineered distractions, then people aren’t paying attention.
Last week at a get-together I actually heard a conservative family member say how the drones in the news are to distract from the important issues like immigration.
This is a standard boomer that keeps news on the living room TV all the damn time. It’s not even the disconnect from both reality and compassion that gets to me any more. It’s how widespread it is, and how the propaganda works even better in the real world than in fiction.
Easy: people get their “news” from places controlled by those C-suites and their boards.
B…b…but you have smart phones!
The cake is being eaten. They let us eat it and we ate it.
Why isn’t he using inflation-adjusted figures for 1971?
Why isn’t he comparing the cost per square foot of houses instead, since the average house today is much, much larger than the average house in 1971?
Why isn’t he using inflation-adjusted figures for 1971?
Official inflation rates calculation formulas have been adjusted too many times for it to have any value to compare prices over 50 year period.
Why isn’t he comparing the cost per square foot of houses instead,
This is a valid point, it would more precisely account for “hedonistic” adjustment
e average house today is much, much larger than the average house in 1971
is it 5.5x larger?
If the number is 4x instead of 5.5, how would your analysis change on the trend we see here?
But this guy will make it great again, surely.
Also, “family income” now includes the wife, kids and dog. It used to be that ONE person could earn enough to pay for housing, food, car, Healthcare, etc.
So “family income” is NOT “keeping up with the cost of inflation” despite what the business world wants us to think.
Why did they switch from median to average for healthcare?
Prolly don’t even know the difference or they actually do and are telling what data points they are using.
Oh oh I got one too. Your McChicken, since 2014 alone, has risen in price 200% from $1 to $2.99. Along with most of their other items. They’re artisan dining now, not fast food.
https://www.voronoiapp.com/economy/How-Have-McDonalds-Prices-Changed-Since-2014-1392
The wealthy are much better off though. If you looked at the wage increase of the top 1%, if has risen by $800,000 a year (https://www.commondreams.org/news/2019/12/09/staggering-new-data-shows-income-top-1-has-grown-100-times-faster-bottom-50-1970) since 1970.
So capitalism is working exactly the way it is suppose to. Exploiting the middle and lower classes for the rich. This is exactly the progress they want.
It’s a trickle-up economy.
Sadly it does more than merely trickle up.
It’s more like a torrent going upwards.The working class gives the wealthy their blood and sweat and the wealthy turn it into urine and piss it back on their heads and then tell the working class the reason they smell like piss is because of immigrants.
It’s a sunshine economy: The wealth (moisture) slowly evaporates upwards.
Progress? … don’t you mean maintaining the status quo of human inequality for the past 10,000 years?
The rich are getting progressively richer relative to everyone else, so I’d call it accurate.
I would say in capitalism “middle class” however you define it is something that is not ideal to have. Rich will be employers who underpay poor people 50 cents a day or less (speaking in fully open market without state intervention on minimum wage and other basic needs) poor won’t have enough resources to fight for their right and will just pray to live to see better future or just die. Middle class is basically only ones who will have enough resources to fight but not have enough to be enslave other that’s why they are problem in state with pure open market and pure capitalism.
My definition of middle class is someone who has enough money to live somewhat peaceful life but don’t have enough money to call themselves rich.
There’s an old definition of middle class that goes something like: has enough time to participate in politics.
Much more than that. The richest men in the country doubled their net worth this year alone.
It’s actually even worse than that. The doubling was just in the last few months. Essentially, election time. You can practically hear them salivating at an incoming Trump admin.
