@Skull211 yes, we want to believe that. As it's an old saying, but many old sayings are outdated and no longer bear any significance in today's society. It is completely possible, that the top 1% has made it to where it's inescapable for us. Something has to happen to them for them to halt this plan, but I don't know what that would be. Until then..I've grown more and more convinced, we're fucked. My tank of optimism has ran dry.
Claude Frédéric Bastiat : Government is a great fiction through which everyone tries to live at the expense of everyone else. Claude Frédéric Bastiat : Everyone wants to live at the expense of the state. However, they forget that the state wants to live at the expense of everyone. Claude Frédéric Bastiat : When looting becomes a way of life, people create for themselves a legal system that authorizes it and a moral code that celebrates it. Claude Frédéric Bastiat : "No greater change and no greater evil can be brought to society than to transform the law into an instrument of robbery." Claude Frédéric Bastiat : "If the law and morality are in opposition to each other, the citizen is faced with a cruel choice - either he loses his sense of morality, or he loses respect for the law; a choice between equally great tragedies, between which it is difficult to choose.' Barry Morris Goldwater : The one essential element upon which all discoveries will depend is human freedom. Barry Morris Goldwater : The income tax has created more criminals than any other act of government. Barry Morris Goldwater : Property and liberty are inseparable, and a man's earnings are his property as much as his land or the house in which he lives. Except the government takes one of them (taxes) and interferes with the others. BRUH !!
that sounds like a meaningful and populist thing. But in reality it is just cynical and singularly unhelpful as you CAN organize and run in democracies. But having an attitude like that makes trusting other people and working with them to organize and make a difference difficult. This distrust is actually a tool that wealthy and powerful use to keep the populace in check. Because only numbers can breakthrough the wealthy and powerful have on institutions. Also, for those looking authoritarian saviours, they don't exist to benefit you, authoritarians only benefit themselves
@@matejkuka797The Goldwater one is just a loon tho.. It's his kind that made the owners of US and their puppets in D.C. Just look at the world outside of the US where taxes benefits the people.
Yah the right wing has adopted all these conspiracies to literally hide that people like Trump have been only building luxury apartments for the last two decades.
I lost my job a year ago, I’ve applied to hundreds of jobs and only 1 has interviewed me, it was to pick up recycling for a college. You know what they told me? They had more qualified people apply, to pick up trash…
@@johnone_onebro That’s exactly why people refuse to go to college dude. Not to mention the debt you could possibly put yourself in and then you struggle to find work after, it’s a complete joke. This Nation is a Joke.
I guess depends where you live I got laid off last Thursday and already got a job less than a week and I've had a couple other interview since then maybe try something new and tbh qualifications don't mean shit there still hiring people under qualified because alot of places don't have any workers it's not hard to learn a job your have no clue about
@@anthonydean590what do you work in so I can apply, because I can't even get a crappy warehouse job. I went to 5 different agencies and they all told me that work has been slow and that they have nothing available.
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
Notice how they say "unhoused" and not HOMELESS? They are using words to manipulate your perspective and understanding. Create the hash tag and spread the term HOMELESS!
Get ready for this one last week I heard the term “Undocumented Americans”. How do you become an American before you are documented as an American. This is some 1984 double speak.
You are totally missing the problems with the unemployment statistics. They're not using the same metrics they used to. They're artificially understated as is inflation. The government is lying to you.
I've known a lot of people who have been homeless for various times for different reasons, usually health issues. My former neighbor had two jobs. Was paying his rent. Seemed like a nice man. Then got a kidney transplant. His body rejected the new kidney and the medications. He lost his job, then the apartment. He was found dead in his pickup parked at a local park. Stories like that are common. Our country has NO safety net for the disabled who have no family or to take then in.
Family makes it and are proud of their achievements even though they got support , a place to sleep to be able to work on themselves, with no evil interference, and then U are the loser even though you were an on the spot babysitter so that they could achieve whatever...doctors start treating you with disrespect and you get sick and more sick and can't even keep up with things and if you are a woman these creepy men are after you all the time and the comfortable laugh at you...
@@marcozegikniet9301 Two of the best economies (wages and working conditions) don't have minimum wages. The first is Singapore the second is in Europe ( I will let you guess).
@@CommanderRiker0 I live in europe in one of these country's. We do have minimum wages. Some country's don't because they have extreme strong unions. Without this you end up with sweatshops again like in the past ! And Singapore is also a rich man country. Also oligarchy on steroids. I never want to live over there if i was a working class person.!
The middle class is officially gone now, as a 50-year-old man, I've been hearing that the middle class is shrinking, and the richest getting richer and the poor is getting poorer since I was a young man.... But now, it is official, the middle class is gone.. it doesn't exist anymore.. there is no middle class. you have to have six figures to make it as a middle class, and most Americans don't have that. That means that there is no middle class everyone is either lower class or rich.
You might be right. Even I am poor as fuck to be honest. Unless if I go with the rich, but I would have to be a nasty spoiled person to the other citizens in order to be a part of the rich. And even then seeing a poor person end up in a rich society, they still exclude you from their side of things....So uh, yeah, if the rich wishes to bail out, so be it. Time to go back to going rural and living in a rural place that doesn't charge you so much.
@@seankingwell3692 I mean, looking at what the Soviet Union in Russia went through from 1945 up until 1990...Yeah, it's not pretty and just as bad as North Korea. But people don't see it, and they don't realize how bad it'll be until it's too little too late.
This is not a republican or democrat problem, this is a greed problem that both parties are guilty of. News sources want you to think it’s one party’s fault. If you watch it, they both basically say the same things about one another. We need to start holding these big companies accountable and we need to elect officials who aren’t rich bastards. This will change eventually one way or another.
You’re absolutely right. I’ve been trying to tell people this for years. They lie, cheat, and steel because they’re rich and powerful. Not because their Democrats or Republicans. There’s no national pride, it’s all greed.
Hard to live in DC on a congressional income. Especially traveling back home to your constituents. Give Congress a raise, but demand that investments be in a blind trust!
They want to pit us against eachother with shit like the culture war to distract us from the fact that we’re all being fucked over by the rich and powerful. It’s not a matter of electing “better” people, how good they sound won’t matter if as soon as they take a seat of power, corporate interests will be jammed in their pockets, fondling their balls and wallets, and jerking them around like the puppet figureheads they are. Make no mistake, we hold no control so long as the system stays as it is, and nobody in power holds interest in changing that system, as they directly benefit from the loopholes that need closing to ensure a government that is actually out for the people. The greed is becoming noticed though, and dissatisfaction with the state of things has never been more widely echoed. This bubble that has been inflating for decades will pop eventually, and when it does, it’s anyone’s guess what’ll happen.
The public is thankful for independent journalism. Major network news is busy polishing the turds of big government and corporations. The struggle out here is real. Thank you Mr. Jordan.
flash is doing the exact same thing lol. none of his points are borne out in reality after the 50% mark. He showed one reddit post and one "news" search that he didn't even click on to read if it was legit or not.
The public is thankful for independent journalism. Major network news is busy polishing the turds of big government and corporations. The struggle out here is real. Thank you Mr. Jordan
@@theFORZA66 I'm not lol. I've explained to other people how corporate landlords are artificially raising rent prices. This has been known for five years. Studies have also shown that most Americans have gotten a cost-of-living adjusted raise so while prices have increased, most of their incomes have, as well. On top of that, the stock market is doing really well with the first solid gains in over 6 years.
@@snowballeffect7812 your imaginary studies are propaganda then, because it doesnt reflect reality. And the stock market is a very poor representation of the health of the economy, it mostly represents speculators and old money investors
“If the American people allow private banks to control the issue of money, first by inflation, and then by deflation, the banks and corporations that grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.” - Thomas Jefferson.
The wealth class no longer needs a middle class or a prosperous working class. Automation, offshoring, and cannibalizing companies for cash have eliminated most good jobs.
Succinct and to the point! The other aspect is few people understand the trickle-down affluence enjoyed by 90% of the West has been a deviation from historic norms. "Arrangements" to make the US$ the currency of international trade have broken. Consumer prices for Americans alone have been absurdly low as int'l vendors preferred US$ as payment, offering discounts to get them. With the $ dumped, the trendline will revert to below the norm for a long period.
@@10speed4nah that's not it at all my friend. The best part is that VOTERS think their votes matter. Electoral college is at the top and rigged local elections are at the bottom. Tell me, who do you vote for? Because I almost 100% guarantee that your vote doesn't matter. Mayor, governor, and president do not take your popular vote. Your senator of your state, every state has two, only takes popular vote. Senators need millions of dollars to run a successful campaign. Tell me again my friend, where do our votes go too in America?
Sadly, it’s going to get worse before it gets better. Until the masses wake up and realize how corporations and our government are working hand in hand to create a modern day serf class, this will happen.
At 80yrs.old I see the good the bad and the ugly.I made more in the 1980s than young people make today when you could rent a house at the Jersey Shore for $250.a month People are getting rich off the poor.
The dollar was worth more then. You have to consider what the minimum wageg was back them and what the price of gas was. Also, the size of the house, the amenities, etc...
Thank you for acknowledging the difference. My mother who has had decades of wealth building is so out of touch with salary figures and understanding it is expensive to be poor. We are in an unsustainable situation.
I remember when I was a kid ( about Cashs' age ) in college history classes they used to joke that the major event in any age after the fall of Rome was the "rise of the middle class". Also, the sure enough hopeful sign in any third world hell hole would be the emergence of a middle class. Yay. One might have thought there was a strong intellectual support for the existence of a middle class. Not so. It has vanished like an Avar.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Marisa Michelle Litwinsky’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
The jobs ARE NOT out there!! My daughter got laid off in August as a project manager luckily she started working a part time job as a bartender/server in April with a wedding venue. She was also able to draw unemployment with the company that laid her off, which was based out of IL and we live in NC (she's in the Raleigh area). And as of this month she is STILL looking for a project manager job when the unemployment ran out in February she had to take on various server/bartender jobs. I feel bad for her and other youn professionals looking for work. Back in the 70's & 80's you could loose 1 job and pick up another job within 2 - 3 weeks. So on paper it might say there are plenty of jobs, but that is not the truth!!
Blame the Democrats and Rhino Republicans! Climate crisis laws and mass migration taking jobs because they are working for less! Communism coming to parts of the country as we collapse over the next six months! Move where you need to be along the ideological beliefs/economic system that serves you best!
Yes it’s a statistic that can lie. In my homeland Czech Republic the unemployment rate was always boasted as lowest in Europe but real wages versus living costs have always been sucky and now literally even a childless working couple is barely getting by. Everyone is working, yet everyone is poor because our labor benefits corporations which use our nation for menial labor… fate of much of the former Eastern Europe. We are a colony. We will never get richer from working more for foreign lords.
It's not just renters, it's homeowners, too. In 2009, I bought new, my 1866 sq ft 3 bed/2bath/2car garage in Dallas area Texas for $132K. Now it's been appraised at $390K, so naturally, my taxes and insurance are over 3 times what they used to be and of course utilities go up, too. I'm retired on social security plus a small pension, and I'm being forced out of my own home. I may have to sell out and downsize. Fortunately, I'm a handyman with tools, so I can fix up an older, cheaper place
its because there extremely stupid and they feel if they make up words like unhoused its so it yes does not sound bad.But the media is full of crap.and will never always tell u the truth.Its why trump won he was already being who he really was truthful and says it like it is in his own ways.
@@cynthiaweston767No there are not. We have videos from back then and even the entirety of Central Park were homeless encampments. We are not even close yet.
I am 68 and the only reason I can afford to own my home is that I got in the housing market 45 years ago, when it was very doable. But taxes, insurances, maintenance costs are all getting beyond my reach and cause me to worry. I live in an area where there are many, many wealthy people. I have many good friends that are very well off. Purchasing homes or cars or travel or fine dining is not hindered for them. They spend huge amounts of money on what they concider everyday ordinary expenses. It is my opinion that the wealthy people of the world are driving up prices of everything, because they are willing to pay those high prices. And we, the middle class, are left scrambling and budgeting and doing without. Sadly, I believe that America and a lot of other developed countries are headed for a two class system. The CEO of Kellogg’s was quoted as saying that ‘cereal is an inexpensive dinner option for struggling families’. I wonder if he’s eating cereal for dinner tonight! His statement is trying to normalize poverty…that’s very unsettling.
EXACTLY.....but it's not that we haven't been forewarned about all of this since the 1980's when "downsizing" of companies took place back THEN.....they talked about the 'middle class disappearing" back THEN!!!! also ...All I have seen is an escalation....Senior citizens are the ones really getting screwed COLA never "catches up"
Middle class were always the traitor class that bootlicked for the elite class and now that their power or eroding they have no one to blame but themselves while they didn't give a shit about the poor class.
people are making less and less money everyday. people are going backward and backward from having a house, car, and money to no house, car, and money to the point struggling to have food on the table. crazy.
@@StillYHWHs50% of your income to pay rent is a great deal in some canadian cities. To live alone in an apartment is like 75% of the average incomes for 30 year olds.
Homelessness is increasing faster than the official statistics indicate. Many are choosing alternative living arrangements, such as living in a van, an RV, or even their vehicle. That's a group of people who don't report themselves as homeless because they identify as nomads, but many of them would chose a more typical form of housing if they could afford to do so.
Tough times, when full blown AGI becomes reality get ready for even tougher times if you are middle-class and below. All that AGI is concentrated in the hands of very few individuals.
they are also dependent on bottled water, this is why I think they are upping the price we are cash cows and corporations like to think of themselves as "farmers" like Bill Gates. .
For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Really? Everything you see is made by people, common people. Also bands, gangs, gov, nasa, police, army, etc are also made of people who need water to wash and drink, oxygen and food. Didn't come gates or klaus to install 5g,to check if you wear a mask or if you took the '' vaccines '' to ban car repair, heating, travel and all other modern stupidity. In all our history humans had a house. Now we become a great civilisation ppl sleep under bridge, they can lose their home and can't build one for poor made of sticks or mud cause is not allowed. There is nothing called power. Just some traitors taking blood money from rich to complete the plan. All others, about 8 billion living and complaining in virtual for what is happening in real life but also doing nothing to stop this. Good luck.
The last time I applied for jobs, less than 10% even responded. Half of the ones who did respond were instant rejections, and the other half were all 4 rounds of interviews, with 1 company having an interview last AN ENTIRE 8 HOUR DAY. All this for 60k as an engineer. Even after the interviews, the projects, and the day long interview, they rejected me. The social contract is broken. You can't afford a house, or a family. It's getting to the point where many can't afford food. Times are going to get violent.
I experienced this through my life as well and it was less for me and I have a feeling it was because I was SMI even programs that were supposed to help us failed us and it is the worse stigmatism to do to mentally ill people already but if I am being honest it is nice to know regular every day people experience the same because I feel less crazy and alone. I have fought SSI 12 years now or I should say on my 12th year now by myself cause my last lawyer gave me the you don't take meds bs even though I applied on meds many times so that is a bs excuse and I once had it too as a child but they took it away from because my guardians at the time failed to provide a change of address for me when they booted me out like every other. I can barely go out anymore because people are so nasty to my kind and I feel like killing myself half the time but am too proud to give them that satisfaction. Jobs don't want me, SSI doesn't want me how the hell are we suppose to cope at all even on meds when the whole system is unfair and disorganized and full of greedy eastwards. Sometimes I think this is why people shoot up places. And you can't decide to live on the land away from these government assholes because they took that away and made it illegal so you will go to jail for this even though there are worse people who belong there.
Not to mention I got certified as a Recovery Support Specialist because I wanted to help fight and advocate for my people but none would take me because of no drivers license and those who said not all require it sent me to bogus places still saying the same thing. So they got my hopes up, put me through all that training and I was the only person who bussed there and it took three busses three times a day to get up there and do this then I get my so called degree I am calling it because it wasn't really a school I went to for it but more of a mental health place that trained us anyways they all turned me down and dicked me around and all I wanted to do was help people! Yeah the money helps pay me bills and food and kitty food and other necessities but I could have stayed at my abusive Dollar Tree job that only gave me one day a week for four hours because I wasn't fast enough working the cash register and cleaning up the floors or isle whatever you want to call it and stocking and all after moving from my night shift that I was doing really well on only to give it to new hirees but instead I seized the opportunity to do something greater than myself with the inside knowledge I already had as someone with mental disabilities and have grown up around alcoholics and drug addicts too but instead of any of that I lost two jobs in two months just to be told I am not good enough.
I have only got a yes from two jobs but I had experienced the loss of a good friend and someone who also got a job in helping to protect people. He was on the news a couple years back, his name was Robert King oh and speaking of which the woman who murdered him only got 17 with priors even instead of the full sentence of 25 because she cried about it after dissing my friend already once before this and the judge.
My life has been filled with torment and abuse and it has not gotten any better and it makes me so angry the main news stations are still covering stupid Biden and Trump after I wrote to like 5-6 of them about my story. Sometimes I even think about becoming a vigilante because I am so sick and tired of the abuse of not just myself but everyone out there and criminals get away with everything now it sickens me!
Here are a couple reasons why there is a housing crisis: Local homeowners are converting rentals into airBnBs 2) Mega real estate investors BlackRock, Vanguard, and State Street are outbidding home buyers on residential homes and controlling the housing market that way.
I sell insurance and financial products and a guy I was writing a policy for was telling me about how walmart has their employees 401ks completely wrapped up in Blackrock. Most of these people are renters, they think they're getting a 6% match but in reality their own money is being used to price them out of the market and pay 25%+ od their income in rent.
I make $55000 a year and work a second job for another $400-$600 a month and can't afford an apartment in Sussex County Delaware which is considered rural. The median income in my area is $32600 a year. I have good credit too. I don't know if it can be fixed. Election year or not. The ruling class is too far separated from the working class now. I sae another comment that said they dont need us anymore and I think that may be true.
Renounce your citizenship. Go to Mexico. Cross into the US and request asylum. Ask to go to NYC. Your trip and food will be paid for. Arrive in NYC and you will receive free housing, healthcare, EBT and a cash card stipend. Most importantly keep voting Democrat.
They dont need you until they do and when they do you will have to make them pay the price, no forgiveness for those who think its ok to mess up others people life.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson
@@bitbucketcynic Better yet, make it a law that if a building or house is unoccupied for over a year, it automatically get repossessed by the city and auctioned off. And we also need to make AirBnB illegal
@@nerychristian That's just theft. The point of taxing properties being held but not used is to disincentivize speculators and investors with too much money for their own good to buy up everything, and drive them out of the market because in the end they'll just lose money.
@@scootergirl3662 Socialism is where everyone steals from everyone else until everyone is equally poor, except for the rulers who have all the power and all the guns so they get to keep their loot.
As a recent graduate, those "entry level" jobs are not actually entry level. They require people to already be in the industry for years and have experience that they don't have to even qualify for an interview.
Fall 2022 graduate here (B.S. Comp Sci). Unemployed for 5 months after 1000+ applications. It's crazy. It seems to also be even harder because of the layoffs, because now there's a lot more experienced (or even overqualified) people applying for lower-level jobs out of desperation.
It is happening on purpose. Certain folks in government, in addition to the corporations they serve, know that if they can push out the middle class, then they can assume greater power. Removing the middle class makes the government less accountable to people and more accountable to corporations. The additional problem is that these "corporations" are often foreign owned.
Exactly, there is no middle class you are either rich or the working poor. It’s very sad senior citizens can’t afford to retire due to inflation and outrageous rents. The government is ran by the rich and their rich donors, corporations and lobbyists. We are lied to for votes.
This is exactly it! It's at the root of all our ills. It's not Biden's fault or Trump's fault or the governor's fault or the landlord's fault or the Democrats' fault or the Republicans' fault, well, maybe the latter's fault more so.
I'm 23 years old, suffering from Ulcerative Colitis, trying to get a start on my life. I live with my parents, dad is 60 mom is 57. Both are suffering a lot because their bodies are just slowly breaking down as they age. Mom lost her job a while back, lost our household health insurance along with it. Since then, mom fractured a bone in her spine, my colitis got so bad I can't work some days, and my dad has been unable to take care of our projects around the house, all while we're being slowly eaten alive by debts we've had for years and medical bills that do not end. Our only hope is reaching out to our church, which I don't understand why we haven't done yet. We're clearly drowning, and there is no chance of things magically getting better for us, unless God himself sends a miracle. Pray for us. We pray for anyone else out there going through ordeals like ours or worse.
I have UC too. One thing that helped is I eat ginger throughout the day. I don't know if it will work. But might as well try. I will pray for you. It is really a terrible disease. But amazingly there are even worse diseases in the world.
@wickway Agreed. I try to find ways to add ginger and turmeric to my food, as well as taking turmeric + ginger supplements with most meals. It works, but I'm hoping the proper medications my doctor wants to give me will be better. Thank you for reading!
The church isn't going to help you except with some food maybe. They're in the business of making money. I guarantee your pastor isn't having ant financial difficulties. They're living good on your hard earned dollars.
I really empathize with the ulcerative colitis issue. Has your Doctor not told you to change your diet and do an elimination? Wheat, corn, tomatoes, chocolate, and dairy tend to be the worst. I found bananas, potatoes, and steak eliminate the issues personally.
@vladimirofsvalbard9477 yep, I've done dietary changes. Corn, peas, beans, and the like are an issue for me, especially corn chips and anything whole grain or just generally hard/fibrous. Nuts sparingly. Tomatoes don't seem to be a major trigger for me. Chocolate is also pretty safe, in small amounts. Dairy is actually one of the few things I tend to eat a lot of with no issues. Bananas and potatoes are good, I also find blueberries don't cause issues and have antioxidant benefits as well. I can eat beef, but only in small amounts at a time, since it's usually too heavy for me. I stick to fish, noodles, bread, eggs, soft vegetables and fruits, chicken without heavy seasoning, and occasionally beef and pork. I tend to avoid spices in general. So far, so good. I can tell when I've pushed my limits with some foods, but generally my issues have been light. My next concern is seemingly developing issues from my steroids... I think that compounded on top of a lot of personal stress though; suspecting I've developed an adrenal issue.
Huge red flag for me was when they raised the assessed home values across the entire country at the same time. I mean just taking it at face value, that takes a pretty high level of synchronization to accomplish if you think about it...
A huge gap between rich & poor and a country with pathetic out of touch leadrship (across both parties) will lead us to a dystopian society. Thanks for covering this. Subbed.
This wage gap grew in the early 90's but it wasn't as dramatic and they were able to hide it pretty well. Today, we know a lot more since all the info is at our fingertips. The Gov is doing it forcefully, and shoving it in everyone's faces because they just don't care.
They’re paid off! We the people have to make a stand, but that ships already sailed as 64% of our population is overweight and obese. Not to mention distracted with social media. Best bet is for you to prepare yourself and family for what’s coming because it’s full steam ahead!
I tried offering affordable housing. The low income renters will destroy your house and stiff you on rent. Squatters are hard to get out and are very scary desperate people. 😨😢
To add to the conversation, for some reason older generations assume we are all just lazy, not trying hard enough, or just doing everything wrong. The blame gets put on our character and not the system itself. Then comes the mental health consequences of blaming a systemic issue on the individual.
It’s not that cut and dry, most of these issues are due to choice. Trillion dollar corporations are preying on our dopamine imbalances but you can cook your own food, exercise outside for free, etc.
@@tomwaitsmencsea lot of things are out of control like the cost of things but you’re right about those areas. Exercise is free. There’s no need for a gym membership. You don’t need lavish expensive hobbies to keep yourself calm. Drawing dancing singing writing or cheap diy kits are good enough. People wanna act like healthy food is so unaffordable meanwhile two pizzas cost almost forty bucks, a trip to McDonald’s is insane, a bag of family size Doritos are basically the cost of a meal and it’s expensive AF to use DoorDash.
why do we care about what older generations think? They are not important to us, their opinion are not important. Rather think about the situation than someone's option on internet.
really, it is no longer a left right problem or a red blue problem. It is an upper down issue, if you get it. it isn't. they want us to think it is tho
Yep, the rental society they all believe is such a generous program. I assume it stems from the billionaires following the WEF via Danish politician Ida Auken's "You'll own nothing and be happy." Yeah, if we all had the existence and experience of Denmark's homogeneous population. She should have excluded America in her "essay" for her utopian vision.
@@MrMrabaunza Maybe "Wall Street". There are hundreds or possibly thousands of investment companies which own thousands or millions of SFHs. This is one of the factors in causation of this mess.
What I don’t get is how has the corporate greed not fallen over from top-heaviness? It’s blatantly obvious that executives in large corporations are do-nothings.
Well it actually kinda has, multiple times. We've had multiple recessions and collapses the past decades, since the 80s. The government has bailed them out every time, to prevent exactly that. So the system just becomes more and more top-heavy, and the government has to spend more and more money to keep the giant whales that are the ultra-wealthy afloat. That includes giving them tax cuts, as well as bailouts, just to clarify.
They steal our money with tax loopholes then when they collect so much they collapse, they’re given what they finally failed to steal from us with bailouts funded with the same tax dollars they were intending to steal in the first place.
The problem is… when you’re living in a country of high cost of price of living… what will happen to a lot of people is you will have to work more hours & days… the best thing to do is find a proper career where you can live in a lower cost of living country out side the U.S.
@@brandonnguyen9555Personally, I have considered moving to a lower priced country in Europe or the UK, but it’s also a tough thing leaving family behind. I do think more people will move as family ages out and kicks the bucket.
@@philip7833 thats most of everyones reason, i said goodbye to my family slowly, since they were just a burden to me, so it was easy for me. But nonetheless, even if you are moving away, doesnt mean there is no chance with meeting up with them again, life goes on, its up to you how you want to live and you always have a choice and i believe that if you decide to move somewhere else with a good reason, your family should support you with this and have some understandings. I grew up in the netherlands, in 2013 i left that country because it was horrible to live in, since then i have traveled to many countries in europe, and eastern europe was way cheaper to live in and as someone who speaks dutch and german we get a very good salary to live in those countries, usually we get at least double to triple the standard salaries of the locals. Now im in austria and i do seasonal jobs, i dont have to worry about accomodation or even food as they provide it for me and i get a very good salary to even save up, so there are always possibilities, you just need to get out and find out what they are, staying in the same corner, just because you cant let go of your family is for me kind of stupid reason, especially when you are getting depressed and making no.progress at all, life is about making progressing, learning and see new things as much as you can so you can die happily
@@Shei-veiIf you had told me 5 years ago that I would be paying $2,280/month rent (no utilities included) for a very basic 1980s home in a so so neighborhood, I would have told you to put down the crack pipe. 😒
HOME!!??!!? They're charging $2500 without utilities for a studio apartment! You get the bedroom and kitchen located in a 300sq ft living room with 1 full bathroom in the space of a half bathroom. On top of that, you have to pay a sperate Bill for parking. ❤
It’s not even close to the 1930’s. In the depression, tens of millions of Americans suffered from malnutrition. It will likely get that bad when we have a sovereign debt or credit crisis, but we aren’t there yet.
We were forced to leave our apartment because the rent was so high. We are now in a crappy weekly relying on help from friends and trying to find a job! I don’t care what politicians say the job market sucks! The rent is so high, even here in this crappy weekly, along with everything else that is so ridiculously high! We are struggling every day not to become homeless!
@@Shyhalu I'm convinced you must be a Democrat trying to turn people away from voting for Trump. Because I can't imagine anyone being so ignorant as to think that would win people over to your side. Especially spamming comments like you are. But, if you are on our side, we don't want you!
@@EconomicWarfare Its like you didn't watch the video. There was a burst of hiring after Covid but you can't just move to escape this. As you move to areas you drive up prices which triggers the same upward spiral of rent that drives people in the new place out of their homes. Moving won't change it it will just impact the place you moved to. Many of the jobs that are needed can't be done remotely. So you get a cycle: Losing your rental and having to move or become homeless causes you to lose your job. The job can't pay more because a slowing economy means everything from retail to health care is making less money so wages freeze. Now jobs can't hire people at the frozen wage because they can't afford to live near the job thanks to rent. Now the company can't hire and you have lots of jobs advertised but no one can afford to take the low pay. Additionally moving requires money and when you are already skirting the edge of being homeless where will that come from?
Everyday that laughably absurd and seemingly unaware statement begins to sound more like an coyly delivered implied threat. Like something a deranged technocrat serving one of the Orwellian dictatorships in 1984 might say.
@@Jacobdead Sorry to break it to you. A Czech here, moving around the world because studio apartment rent in Prague is now like 80 % of monthly wage, the city has been taken over by foreigners and tourists completely, entire neighborhoods. You don’t hear Czech spoken anymore. Old age pension of €500 would not afford you to sublet a room, €600, even anymore.
@@RonTodd-gb1eoIt’s true that you need money, but a lot of it comes from donations from supporters or the party. Many seem to make a lot of money in office, when their salaries are about $174,000. Something’s not right!
@@RonTodd-gb1eo Not necessarily, if your a minority in a blue district you can get picked to ensure minority votes, and get a free prop up in life. I.E. AOC.
I dont think you can nane one presidential canidate that wasnt already a member of the millionaires club lol even mr proggresive bernie sanders is a very affluant man from real estate lol 😂 american politics or capitalism government has always been about the rich holding power while also getting richer offg it@suew4609
Very sad truth. This video is depressing to see. As a fellow New Yorker, I've been seeing all of these effects in various ways. My rent on my one bedroom in Queens just increased this month to $1690 a month (that's a discount for this area, btw). I'm trying to buy a car, but the used car market is insanely high as far as pricing. Insurance is high, gas prices are up, and like you said, congestion pricing is coming in June. I've been looking at homes in Connecticut, which will certainly add to my commute, but even they have seen steady increases in price. And don't get me started on groceries. I'm unmarried, live alone, and have no children, so I can imagine how difficult it is for other people here. It's disgusting.
@@ice319 Good reply. I'm tired of keyboard warriors making snarky insults like that. Note: I grew up in Queens and it was an affordable, working-class place to live. What's happening in New York is already spreading across most of the states, and this problem was not caused by the voting habits of people in NYC.
This man and his channel has done more comprehensive journalism about NYC and how the economy has affected New Yorkers than any news show outside of John Oliver. Please share a link to this video to everyone you know. This is not just a New York problem or a 'big city' problem as politicians would have you believe because it's challenging municipalities nationwide and has begun to hit small towns as well.
And he is still 100% wrong about what is causing the problems lmao. Trying to blame the rate increase/decreases for loans on a problem solely caused by mass migration of 10+ million people combined with insane taxes to hand them all free welfare. These ****** got what they voted for, its finally hit critical mass.
I'm just wondering what the heck could Cash be always carrying on that large back pack?! Maybe cash or maybe who knows.... lol If we took a shot every time he says "That sucks!" and we'd be twisted yo. :D :D
@@BillAnt I personally bring my backpack around because it has the essentials/necessities for food and beverages, including camera equipment and a laptop if necessary.
Especially since so many political parties change their tune after being elected and at that point it is too late to change it without a nationwide uprising.
This is important that I make this comment and I hope as many people read it as possible because it's remarkable. In 1987 I had an economics professor actually tell me that if the United States doesn't change the way it handles all of its economic policies, that by 2025 there will no longer be a middle class. And now I see this video. Now I know why he taught at Loyola University, and I think Tulane also. Brilliant teacher.
Massachusetts actually held my money hostage. I'm disabled and saved my money in retirement plans. I bought my home in 2003. I was forced to sell it in 2017. I had 3 times the money to pay for it and live my life without any government assistance. I was dragged under, and Massachusetts made life impossible! I was forced to sell my home to an illegal immigrant. It all looks like freedom of choice. I don't get any disability because it was given to illegal immigrants. It was in my local newspaper.
A TON of employers also do CONSTANT 'hiring' even when they're not actually hiring, so they're always interviewing and taking apps just so they have applicants at hand when they do end up needing it. My one friend is a manager at a popular restaurant chain and he told me they literally HAVE to schedule a certain amount of interviews a month, those interviews are set up by a 3rd party, and they bring people in for interviews KNOWING they're not hiring at the moment..... what a waste of EVERYONE's time, he hates it but is like 'it's just what we're told to do'.
This is definilty a practice some restaurants make as a policy. I had a floor management job about a year ago where 2 hrs of my week was blocked out to hold interviews for tipped hourly FOH team members. Even though we were fully staffed at the time and not hiring. The managing partner was ruthless and felt like he should always be interviewing incase someone better comes along than the people that had been working for him, or if someone needed to be suddenly fired or quits he'd have an immediate replacement. As a result he felt there was less of a need to make the workplace a fun relaxed culture as well. As long as he had people to instantly fill in any sudden vacancy who cares if someone is unhappy?
YEP. I would like to tap into the Amber Alert System or whatever to cell phones TO SEND AN ALERT....SO PEOPLE CAN STOP BELITTLING THOSE WHO ARE LAID OFF, WANT TO WORK, ARE SPENDING ALL HOURS ASKING IN PERSON, APPLYING ONLINE, TAKING TESTS, ETC.
I'm in my 40s now, but my (material) standard of living was better when I was in my 20s, even though I'm earning much more now. There are a lot of people worse off than I am, but when people who always considered themselves lucky (like me) start to find things difficult, there has to be a problem - and one that's going to unimaginably worse for people who *aren't* lucky.
WA state resident here- laid off from my first big job 2 years after graduation, rent/utilities/food increasing, and it doesn’t matter how many jobs you apply to they’re all ghost jobs and no one is hiring- I’m so tired
Tech jobs? The most I know right now is that tech jobs are doing the layoffs right now, especially in WA. Here in CA, it's like that right now with us too.
I'm in my late 50's. This used to be a great country. What's happening now is very intentional and blatant. The amount of people that are just clueless is amazing. The more things go wrong, the more the support the same things that will make everything worse.
Because your generation sat there and accepted all the great stuff while the government gives with 1 hand it takes with another. And it took our future. We are a colony now. Yall accepted the wars not knowing it was a central bank scheme to take over the world. We didn't fight wars to win and take over. We didn't fight to fight communism. Look at our dealings with China. You have the ccp funneling millions upon millions through the president's son that the fbi then covers up. We are so screwed and I'm going to have to fight for my right to even own a fucking house. Thanks.
I left the USA 13 years ago and have been living in peru and whats happening now in the usa is very scary most of the world has problems but whats happening in the usa is terrifying
Quite simple. Everything needs gas to be delivered. Joe decided to stop drilling. Gas price goes up. Everything goes up. And that's only one of hundreds of their idiotic ideas.
My son and I went to Jewels (Chicago) yesterday - 2 small bags of groceries and 2 gallons of drinking water was $80!!! We bought essentials and all store brand no name brand and its enough food for maybe 3 days 😒 renewed my lease -rent went up, my car insurance doubled even with no tickets/infractions, gas keeps going up and so on amd so on!! I make the most money ive ever made in my life and atill im living paycheck to paycheck! Something has to give, I cannot maintain this way much longer. And i know my fellow neighbors and family are all struggling too. 😔
I've also been living in a camper since May 28th of 2021. My landlord sold off all his rental property and we could never find another place to live that was affordable.
@@vickieclark5931 I have no hard feelings they were good landlords for several years. The place we were living at, they had plans to build a retirement home there. They even sold the home they were living in. It was all very sad they were upset that they had to make us move.
I finally gave up on finding a full-time job (after a year searching). I’m now working two part-time jobs, and I might have find a third revenue stream. I have a PhD and two master’s degrees; I’m now overqualified even for academic jobs.
This is a global phenomenon- I am Greek and the situation here isn't much better. We have been experiencing a prolonged financial crisis for more than 15 years now... The only thing that keeps people from being homeless/destitute, is that we heavily rely on our parents for financial support, even as big a$$ adults with families of our own! I know this is not ideal, and it shouldn't happen, but it's the only way a medium income family can really survive nowadays. Cash, I've been watching you for quite some time now, mainly to see what the housing situation in NY is, and I applaud you for exposing these very serious issues! While the rich are getting richer though, I honestly can't foresee any favorable change for the middle/lower classes....We will continue to struggle in order to survive.
This is happening because the whole western financial system depends on US and US dollar. It's just a symptom of failing society. Economies based purely on debt cannot run forever. Also, US, Canada and some other countries have built their cities to be so heavily car dependent that maintaining the infrastructure is painfully expensive. That's why municipalities only care about property prices going up as it's their most important source of revenue. They don't care that causes living standards going down cause otherwise they'll all face the same faith as Detroit. American economic model is broken, it's always been broken and powered only by all might dollar. Now, when even the dollar is in crisis, everything is crumbling. There are many, many other reasons for all of this but it all goes to the same source - corrupted ruling elites and their corporate overlords. Let's add war in Ukraine as well, US and especially Europe, shot themselves in foot. Plus, Europe has the most incompetent leadership of all time. It's never been this bad.
@@draganstankovic2438 Yep, it's been like this since the 1970s with the petrodollar, all because the 13 gentlemen (rockefellers - morgans) created the Federal Reserve Act bill that would destroy america within 110 years later.
Not illegal, Aysulm seekers, The government allows it. Change your law to deport rather then slap someone who crosses the border with a misdemeanor, NYC is also legally binded to support them.
@@willdegra317They didnt vote for it,The Immigration and Nationality Act (INA) LAW has been in place since 1952. What they need to do is vote for people to change that.
Setting up for world war 3 , setting up the same conditions as world war 1 and 2 , world war 1 Germany the inflation was so bad a wheelbarrow full of cash couldn’t buy a loaf of bread
READ ME: Hey Jordan go to Long Island if you look into the illegal/underground housing market there, you're guaranteed a goldmine story about how people everybody in LI rents at least one of their rooms/finished basements/cuts up a ranch house into 3 mini-houses for $1600-$2200 per month not including utilities. You gotta go out to Nassau County bro and South Jamaica, Queens, where the slumlords are putting 4 "bedrooms" as individual living units with no fire escapes and 1 shared bathroom for 15 people @ $500 per room. I was an ACS Caseworker (CPS), I promise you've got a story here man.
@@mothmaru lol wouldn't that be funny if Big Funeral were behind all of this (obviously a joke, funeral companies are not like big pharma or big oil, there's no major, multinational funeral corporations...my best guess is they're mostly local companies and have little influence on the macroeconomy and people's deaths)
@mothmaru What are you talking about, the funeral services would be dead too because of the people running them in the first place. We are all practically dead before we can die because we are wasting lives working all the time and have little enjoyment to care and have fun about our own lives.
I am a nurse. But as a single mom, I can't afford an apartment in my town and I have no desire to be tied to a property for the rest of my life. So, I bought a motorhome and pay 1/3 of what a stdio would cost. Next, I'm buying a piece of property.
@Allen667sjja Nurses can make really good money. Salaries vary a lot even from hospital to hospital within the same city. A bigger determinant of how much purchasing power a nurse has is where they live. Major cities generally are more difficult to afford for anyone making a middle class income since cities generally don't increase wages proportionally to living cost for most industries. i.e. a nurse making 70k in Birmingham, Alabama can make their money go further than a nurse making 125k in NYC.
Well yeah but you missed the single mom part, only having one income raising a child bears substantially great impact on the cash flow you can have @@Allen667sjja
@@Allen667sjja Not to mention people who say nurse aren't always clear about whether they're an RN, an LPN, or even a nursing assistant, which each get paid usually significantly different wages in order from highest to lowest.
Guess what happens when you print money recklessly after shutting the economy down for the better part of 2-years, forcing medium-sized businesses to die off or have to sell. Mix that with an anti-monopoly law enforcement mechanism that's basically asleep, and you're seeing consolidation like never before which will increase prices. And then major investment firms buying homes - often entire neighborhoods - just to rent, ultimately controlling the rent for an entire town when they do so. Regulation isn't always necessary--but anti-monopoly and anti-investor-owned homes regulation and enforcement is necessary (differentiating between corporate investors and a mom & pop renting a few homes, which is fine and hasn't hurt anything because they cannot act as a cartel).
Be careful of letting Mom & Pop real estate investors off the hook. When viewed in the aggregate, small investors currently own a huge percentage of single family investment properties (1-4 units). They also have a lot of cash sitting on the sidelines, ready to mobilize when home prices drop. I know because I'm one of them. Ignore us at your own peril.
I have two rentals and just realized that last year the one with a insurance policy went from $867 to $1311. Property taxes went up 25%- i raised the rents 10%- for one lady its the first time in 8 years.
I told myself that I can never have children in America due to the childhood I had around medical bills, my mom’s death when I was a little kid, and the medical bankruptcy. I met the man of my dreams, he’s German, I’m having kids but not in America. I can’t do it. I wouldn’t be able to afford the medical bills if I wanted to.
So capitalism? Lol That exact mindset is what got us here in the 1st place if you actually recall but is somehow now being blamed on "capitalism". With complacency (as this individual stated ☝️) literally any system can be corrupted through the right means. All the policies being used under the guise of "helping the people" are mostly communistic in nature and at the very least detrimental down the long road suchbas welfare or "affordable housing". There is a reason why big corperations have went along with the "woke" agenda and it was not for "profit" but to align with the gov and in order to give the impression that "capitalism is bad". Makes no sense monetarily to go against one's own customer base which many big corps absolutely did knowing well what that outcome would be yet they're still kicking. It is all about corruption and those who truly own the big corps as well control the government s.
@@umarjongi3590probably the most important part. I may be interpreting this wrong but it seems to me like an apathetic public that’s empathetic to billionaires. In recent years, during this eat/tax the rich era, I’ve seen fellow middle class citizens applaud billionaires for cheating the system.
We have anti-trust laws for everything except PROPERTY. The founding-fathers told us...ONLY TAX PROPERTY...not labor (the income tax). If the USA returned to that system, property owners would develop all properties to max use and produce so much housing, that there would be no homeless within ten years.
@@toncuz8291 that's completely false. the owners attend to their own interests, and they make MORE money if the rest of the people suffers. so, there's somewhere a fine balance where they can keep more people suffering, so they will be willing to work for less and you purposely lose some efficiency so you can dramatically cut the costs. while we're in a profit driven system where all the money is in the hands of a select few, there's no way around it.
I rented a 5,600 square foot house for 4 years in Las Vegas starting at $5k a month, the rent increased to $6,500 by 2024 and I had to get a loan for a $50k travel trailer that I now live in, I had to sell all my furniture and tvs and anything too big to fit in the trailer, I pay $600 a month for it and about $1200 a month to stay at a nice RV Resort (not a trailer park) and I can finally breath again and I’m not living pay check to paycheck anymore and my credit is going up, I suggest people try everything they can to get a trailer now! I’m loving my new 2021 keystone cougar and at first I was so nervous from down sizing from basically 6k square feet to 33ft but I’m loving it.
My best friend just moved out of Vegas recently. What was originally somewhat affordable rent for her income bracket went up $200/mo year after year. She’s a vet tech and they do not make much money so even with OT and a side gig job she was struggling. It’s too bad because that area NEEDS people in her profession! But typical working class are having a tough time just making it without a partner to split bills with or roommates. She does shift work, often late at night, on call at all hours so roommates can get tricky and who wants to live with someone who gets a call in at 2 am? It’s not easy to find. She moved back to where her family is. Rent is still high but it’s more regulated and it’s not a “touristy” area so the rental market isn’t catering to the “digital nomads” who move from one tourist area to another and seem happy to pay the high rent for awhile until they move on to the next hotspot.
We had to move into subsidized housing we threw away so much furniture it didnt fit and i broke my knee during covid and couldnt carry it our landlord sold the house the new guy fixed it up while we lived in it and then raised the rend by 1000 dollars we had no lease so he could
I remember working for a gig app in San Francisco and they wanted to know which president I liked. I stopped using their side gig service instantly. It felt really creepy!
The issue is that Americans don't take their elections seriously and they elect incompetent politicans to office instead of Middle Class citizens themselves. Right now, we have two men above the age of 70 running for President. They are also considered two of the most unpopular Presidents ever in the US. On top of that, most Americans don't realize that those two men have limited power in domestic circumstances. Congress holds the majority of the power in the US. Yet Congress has some of the most unpopular politicans in the US in it, AND they have been elected multiple terms. On top of that, I believe that these parties really dont care about the average American. They care about their hold on power, which equals wealth to them. We are our own worst enemy.
Amazing. The comment that speaks the most truth and happens to be the least popular according to likes. A perfect example of posters point in action. Shameful
I wouldn't say just coming from the middle class - some of them failures, too. It's people with virtue and integrity with decent intelligence and who believe in the American Way.
I have absolutely no issue with any other point you make but the first. If you had swapped the order of points, I could almost guarantee that you’d have a lot more upvotes, simply because of the “RAAAR YOU ATTACK GUY I LIKE” factor-sad but true.
@@joshuag.4873 Minimum wage only prices out people who want to start working from nothing. The only way to fix the price imbalances is to fix the damn money we use. Get rid of the Fed note. Nothing anyone does is ever going to fix it, it will either collapse on itself or people will literally be paid money that buys nothing before they realize they want to be paid something else.
In the 1970's, at minimum wage of $3.50 an hour, with take home pay $350 a month, my rent was only $100 and grocerys were only $10 a week. Fast forward 60 + years on, in retirement, Ivye had to move into a rooming house at $700 a month just to keep a roof over my head, and my food is mostly beens, oatmeal and coffee at $350 a month. I have no car, internet, television and only get out only to buy food. I feel like I live in my room and I'm in a prison. If either my rent or the cost of food goes up, I'll be on the streets in Alaska with temperatures as low as -20 F in the winter. And yes, there are hundreds of people living like this here because they can't afford to rent.
the harsh truth is, it is cheaper for you to die than to take care of after retirement. You exit the workforce, you contribute nothing to the economy but drain resources. This is a way to spend only the bare minimum on the retired population to not make them look like devils killing off the non working population. The quality of life and succes of a country is show in how they treat the lowest and least well off of they society, and as a European looking from the outside in, the US is failing. When i was younger (in the 80's) i would love to live and work in the US. I even worked on cruiseships around the coasts (east and west coast aswell as middle and south America). But now? No thank you. And to think the US waged war on the Brittisch empire for independance because they got taxed to hell. Its a shame how docile the American public has beccome to accept this kind of poverty under the rule of taxing giants.
Rent, gas, food, utilities…. It’s ALL gone up by large margins. I’d like to see this country come together over this. Abolish the fed. Stop paying taxes.
they'd rather have us divided by left and right. it is no longer a left right thing or a red blue thing but a upper and down thing, if you get me. but they want us to think that it is a left right thing ,,!!
Than why you dont own stocks of these companies? It does not make any sense to complain about companies having high profits and not own any stocks. My entire electric bill is paid by dividends from utilities.
It costs you $10 USD per bottle for maple syrup- a nation that produces it. It costs me $10 AUD to buy pure maple syrup and I'm 7000kms from maple production. That's wild inflation for a local product, and your minimum wage won't cover basics per hour. No wonder the population is the 'working poor.'
@@vinman8031 is it? My mistake, I thought it was maple syrup. It was labelled as syrup but if it was a fancy-pants variant, it'd definitely have a mark-up to justify its exclusivity.
Canadians are experiencing the same thing. This is what happens when homes become financial assets. The government won't dare to do anything that impacts the net worth of homeowners. We're in the middle of a bubble, and no one dares to burst it.
France same, i dont even pay taxes yet and i would have nothing if i where to live in my own appartment , i am 27 years old and i do night shift as a security guard on a researche site.
@@shrunkensimon Oh, by the way, things don't happen by accident, but they happen by design. Where are the politicians and puppet masters when you need them to solve problems ?? Either absent and quiet or loud and outspoken with demagoguery.
The "end result" of over 40 years of trickle down economics creating the largest transfer of wealth in American history. Low wage service jobs have replaced living wage industrial jobs. Add in inflation, and many Americans are being priced out of the economy. People are struggling to afford housing, food, and transportation. The ranks of the poor and homeless are swelling, while the middle class shrinks and dies off. Upward mobility is all but impossible for a significant amount of Americans. What happens in a consumer driven economy when people can no longer afford to consume? We will find out sooner than later.
Where is my trickle? I hated the phrase "trickle-down" the instant I heard it, back in the Reagan days. As if you helped the rich become much richer, maybe they would tip more? It was so stupid and insulting, it sounded nasty... I felt that it showed that they weren't really even TRYING to get people to buy in on this... more like "screw you, filthy peasants!".
They need to build rural factories, incentivize remote office work and build starter homes, with yards and no HMOs. People weren't meant to live all squished together fighting for resources.
Ya but the more people are spread out, the harder it is to distribute resources like food or medicine or energy… it is more efficient to distribute resources to people who live close to each other
@@attatawil People who live far from population centers learn to be self-reliant. Delivery trucks often have to travel through rural areas to get to the cities, as do rail lines that already exist.
I recall President Trump telling us how many empty factories were located throughout the country. It was thousands upon thousands of them. He talked about where they were located and what type of business they used to have there. He talked about what conditions they were in and what it would take to get them up and running again. He really knows what's available to us and I believe he wants to bring many of those factories back online. I can only imagine the differences it would make for our country if he were to make that happen. He can help our country if we give him a chance. He couldn't do any worse than what we've got now.
I've thought something like this too, why don't Millenial/ Gen Z work together to make exclusive starter homes, most likely smaller than the houses people could afford in the 40s-80s, but coming with land would be worth it. I think these two Generations can do a lot of good together, if they banded together that way.
That's what I was thinking, too. Even if you get a full time job, the hours are not always consistent enough. My last job I had a shift classified as full time but they kept cutting hours and full shifts. Sometimes an entire week or 2 except for one day. Just enough time to exempt the employee from seeking employment insurance or anything they could qualify for compensation. I stayed because I was harped to about longevity being somehow beneficial to future employers and something about company "loyalty" being important, and a fear that my skills were too niche to be relevant anywhere else. I left with no severance package, only 1 reference on the down-low, as there was a no reference policy (it was considered encouraging employees to quit, which was against their policies. Yeah, that company wanted employees to feel trapped there.) and more debt than I've ever had before.
The problem will not be solved. There is no way for the Politicians to make money off of it. If the Politicians could make money off of it you would see the streets clear out quick.
That's what happens when you have corrupt politicians and greedy corporations running the country.
Every superpower falls
Thats capitalism money over pepol
@Skull211 yes, we want to believe that. As it's an old saying, but many old sayings are outdated and no longer bear any significance in today's society.
It is completely possible, that the top 1% has made it to where it's inescapable for us. Something has to happen to them for them to halt this plan, but I don't know what that would be. Until then..I've grown more and more convinced, we're fucked. My tank of optimism has ran dry.
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@@gamerboydk484neoliberal mixed market, not capitalism.
“No matter how paranoid or conspiracy-minded you are, what the government is actually doing is worse than you imagine.”
- William Blum
Claude Frédéric Bastiat : Government is a great fiction through which everyone tries to live at the expense of everyone else.
Claude Frédéric Bastiat : Everyone wants to live at the expense of the state. However, they forget that the state wants to live at the expense of everyone.
Claude Frédéric Bastiat : When looting becomes a way of life, people create for themselves a legal system that authorizes it and a moral code that celebrates it.
Claude Frédéric Bastiat : "No greater change and no greater evil can be brought to society than to transform the law into an instrument of robbery."
Claude Frédéric Bastiat : "If the law and morality are in opposition to each other, the citizen is faced with a cruel choice - either he loses his sense of morality, or he loses respect for the law; a choice between equally great tragedies, between which it is difficult to choose.'
Barry Morris Goldwater : The one essential element upon which all discoveries will depend is human freedom.
Barry Morris Goldwater : The income tax has created more criminals than any other act of government.
Barry Morris Goldwater : Property and liberty are inseparable, and a man's earnings are his property as much as his land or the house in which he lives. Except the government takes one of them (taxes) and interferes with the others.
BRUH !!
that sounds like a meaningful and populist thing. But in reality it is just cynical and singularly unhelpful as you CAN organize and run in democracies. But having an attitude like that makes trusting other people and working with them to organize and make a difference difficult. This distrust is actually a tool that wealthy and powerful use to keep the populace in check. Because only numbers can breakthrough the wealthy and powerful have on institutions. Also, for those looking authoritarian saviours, they don't exist to benefit you, authoritarians only benefit themselves
@@matejkuka797The Goldwater one is just a loon tho.. It's his kind that made the owners of US and their puppets in D.C. Just look at the world outside of the US where taxes benefits the people.
Yah the right wing has adopted all these conspiracies to literally hide that people like Trump have been only building luxury apartments for the last two decades.
@@auroragb Cynical yes. Unhelpful no. What's unhelpful is to pretend that what's happening isn't happening.
I lost my job a year ago, I’ve applied to hundreds of jobs and only 1 has interviewed me, it was to pick up recycling for a college. You know what they told me? They had more qualified people apply, to pick up trash…
@@johnone_onebro That’s exactly why people refuse to go to college dude. Not to mention the debt you could possibly put yourself in and then you struggle to find work after, it’s a complete joke. This Nation is a Joke.
😢.
I guess depends where you live I got laid off last Thursday and already got a job less than a week and I've had a couple other interview since then maybe try something new and tbh qualifications don't mean shit there still hiring people under qualified because alot of places don't have any workers it's not hard to learn a job your have no clue about
@@anthonydean590Yes, there are many factors. I would presume you have a lot of hard skills vs soft skills. Is this true?
@@anthonydean590what do you work in so I can apply, because I can't even get a crappy warehouse job. I went to 5 different agencies and they all told me that work has been slow and that they have nothing available.
I think the retirement crisis will get even worse. A lot of people can’t save because of low paying jobs, inflation, and insane rental rates. And now that home ownership is out of reach for middle class Americans, they won’t have a house to retire with either.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
How can I reach this person?
Vivian Jean Wilhelm a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance
$5600/month rent is just ridiculous
Especially if it's small in square footage! That is freaking INSANE!!!
Everywhere your money is going for expenses, there's probably a degenerate thinking up ways to take more of it.
It’s not crazy if people actually pay it.
$5600/month rent may be ridiculous, but so are the people willing to pay it.
Having to live with two or three others just to make rent is insane... how does NYC keep it up ...are these renters all working in 6 figure jobs?
Notice how they say "unhoused" and not HOMELESS?
They are using words to manipulate your perspective and understanding.
Create the hash tag and spread the term HOMELESS!
Get ready for this one last week I heard the term “Undocumented Americans”. How do you become an American before you are documented as an American. This is some 1984 double speak.
hell with that, they are bums, get used to it...
Who would allow a family member to become homeless
Where is the love.
ok liberal
Deceptive words and language
You are totally missing the problems with the unemployment statistics. They're not using the same metrics they used to. They're artificially understated as is inflation. The government is lying to you.
Everything is inflated nowadays, even people. I'm not surprised at all
Tell us the Truth.
How do you know that?
Yep. New York need to recall their mayor and governor.
@@bushwacka5187how do you not know that?
I've known a lot of people who have been homeless for various times for different reasons, usually health issues. My former neighbor had two jobs. Was paying his rent. Seemed like a nice man. Then got a kidney transplant. His body rejected the new kidney and the medications. He lost his job, then the apartment. He was found dead in his pickup parked at a local park. Stories like that are common. Our country has NO safety net for the disabled who have no family or to take then in.
Vote right wing and get rid of the welfare state and no more minimum wages.
Problem solved 🤣 ( american logic )
Totally agree with you.
Family makes it and are proud of their achievements even though they got support , a place to sleep to be able to work on themselves, with no evil interference, and then U are the loser even though you were an on the spot babysitter so that they could achieve whatever...doctors start treating you with disrespect and you get sick and more sick and can't even keep up with things and if you are a woman these creepy men are after you all the time and the comfortable laugh at you...
@@marcozegikniet9301 Two of the best economies (wages and working conditions) don't have minimum wages. The first is Singapore the second is in Europe ( I will let you guess).
@@CommanderRiker0
I live in europe in one of these country's. We do have minimum wages. Some country's don't because they have extreme strong unions. Without this you end up with sweatshops again like in the past !
And Singapore is also a rich man country. Also oligarchy on steroids. I never want to live over there if i was a working class person.!
The middle class is officially gone now, as a 50-year-old man, I've been hearing that the middle class is shrinking, and the richest getting richer and the poor is getting poorer since I was a young man....
But now, it is official, the middle class is gone.. it doesn't exist anymore.. there is no middle class. you have to have six figures to make it as a middle class, and most Americans don't have that. That means that there is no middle class everyone is either lower class or rich.
You might be right. Even I am poor as fuck to be honest. Unless if I go with the rich, but I would have to be a nasty spoiled person to the other citizens in order to be a part of the rich. And even then seeing a poor person end up in a rich society, they still exclude you from their side of things....So uh, yeah, if the rich wishes to bail out, so be it. Time to go back to going rural and living in a rural place that doesn't charge you so much.
@@SuperFlashDriver communism has people not realizing what poverty is its not lazy people its people starving from malnutrition.
Lol communism? Where? We face rampant capitalism here.@@seankingwell3692
@@seankingwell3692 I mean, looking at what the Soviet Union in Russia went through from 1945 up until 1990...Yeah, it's not pretty and just as bad as North Korea. But people don't see it, and they don't realize how bad it'll be until it's too little too late.
It's the Haves and Have Nots.
This is not a republican or democrat problem, this is a greed problem that both parties are guilty of. News sources want you to think it’s one party’s fault. If you watch it, they both basically say the same things about one another. We need to start holding these big companies accountable and we need to elect officials who aren’t rich bastards. This will change eventually one way or another.
Problem is that you cannot communicate such things to extreme supporters of either side smfh.
You’re absolutely right. I’ve been trying to tell people this for years. They lie, cheat, and steel because they’re rich and powerful. Not because their Democrats or Republicans. There’s no national pride, it’s all greed.
Hard to live in DC on a congressional income.
Especially traveling back home to your constituents.
Give Congress a raise, but demand that investments be in a blind trust!
@interstate80 agreed
They want to pit us against eachother with shit like the culture war to distract us from the fact that we’re all being fucked over by the rich and powerful. It’s not a matter of electing “better” people, how good they sound won’t matter if as soon as they take a seat of power, corporate interests will be jammed in their pockets, fondling their balls and wallets, and jerking them around like the puppet figureheads they are. Make no mistake, we hold no control so long as the system stays as it is, and nobody in power holds interest in changing that system, as they directly benefit from the loopholes that need closing to ensure a government that is actually out for the people. The greed is becoming noticed though, and dissatisfaction with the state of things has never been more widely echoed. This bubble that has been inflating for decades will pop eventually, and when it does, it’s anyone’s guess what’ll happen.
The public is thankful for independent journalism. Major network news is busy polishing the turds of big government and corporations. The struggle out here is real. Thank you Mr. Jordan.
flash is doing the exact same thing lol. none of his points are borne out in reality after the 50% mark. He showed one reddit post and one "news" search that he didn't even click on to read if it was legit or not.
@snowballeffect7812 bro dont talk out of your ass and then claim others are doing so 😂😂😂 goofy
The public is thankful for independent journalism. Major network news is busy polishing the turds of big government and corporations. The struggle out here is real. Thank you Mr. Jordan
@@theFORZA66 I'm not lol. I've explained to other people how corporate landlords are artificially raising rent prices. This has been known for five years. Studies have also shown that most Americans have gotten a cost-of-living adjusted raise so while prices have increased, most of their incomes have, as well. On top of that, the stock market is doing really well with the first solid gains in over 6 years.
@@snowballeffect7812 your imaginary studies are propaganda then, because it doesnt reflect reality. And the stock market is a very poor representation of the health of the economy, it mostly represents speculators and old money investors
“If the American people allow private banks to control the issue of money, first by inflation, and then by deflation, the banks and corporations that grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.” - Thomas Jefferson.
VERY TRUE!
The American people are STILL Voting. Stop the nonsense circle loop stop voting.
WW2 was largely fought over economics
The wealth class no longer needs a middle class or a prosperous working class. Automation, offshoring, and cannibalizing companies for cash have eliminated most good jobs.
Succinct and to the point! The other aspect is few people understand the trickle-down affluence enjoyed by 90% of the West has been a deviation from historic norms. "Arrangements" to make the US$ the currency of international trade have broken. Consumer prices for Americans alone have been absurdly low as int'l vendors preferred US$ as payment, offering discounts to get them. With the $ dumped, the trendline will revert to below the norm for a long period.
💯
And the best part is, voters will continue to vote in their worst.
America is turning into a 3rd world country.
@@10speed4nah that's not it at all my friend.
The best part is that VOTERS think their votes matter.
Electoral college is at the top and rigged local elections are at the bottom.
Tell me, who do you vote for? Because I almost 100% guarantee that your vote doesn't matter. Mayor, governor, and president do not take your popular vote.
Your senator of your state, every state has two, only takes popular vote.
Senators need millions of dollars to run a successful campaign.
Tell me again my friend, where do our votes go too in America?
Sadly, it’s going to get worse before it gets better. Until the masses wake up and realize how corporations and our government are working hand in hand to create a modern day serf class, this will happen.
So government love landlord
, I’ll live in a van and go to the gym to wash myself!
United States 🇺🇸 And Canada 🇨🇦
And how so much wealth and knowledge was transferred to China and now they want to control everything!
Prices go up, but never ever come back down to where they started at, yet they call that good smh
At 80yrs.old I see the good the bad and the ugly.I made more in the 1980s than young people make today when you could rent a house at the Jersey Shore for $250.a month People are getting rich off the poor.
The dollar was worth more then.
You have to consider what the minimum wageg was back them and what the price of gas was. Also, the size of the house, the amenities, etc...
Thank you for acknowledging the difference. My mother who has had decades of wealth building is so out of touch with salary figures and understanding it is expensive to be poor. We are in an unsustainable situation.
What can be done about it? My former boss threw me under the bus and he is in a higher position and he got rich off me.
@@JoshFoster-l7t troll comment - user is always trolls
I remember when I was a kid ( about Cashs' age ) in college history classes they used to joke that the major event in any age after the fall of Rome was the "rise of the middle class". Also, the sure enough hopeful sign in any third world hell hole would be the emergence of a middle class. Yay. One might have thought there was a strong intellectual support for the existence of a middle class. Not so. It has vanished like an Avar.
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
Marisa Michelle Litwinsky’’ is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.
I checked Marisa up out of curiosity and i must say i am impressed by her Credentials. i emailed her already, waiting on her response.
"It's called the American dream because you have to be asleep to believe it." - George Carlin
Hahaha. I needed a good laugh. 😂
Right, the american dream doesn't exist because the country is facing economic difficulties?
And we all have to wake up and face this country's grim reality. (I am so fucking stressed out...)
@@sarkasmt2it only exists to delude people. For every successful person there are thousands who didn't made it
George Carlin was part of the club though. If anything he was mocking the rest of us.
The jobs ARE NOT out there!! My daughter got laid off in August as a project manager luckily she started working a part time job as a bartender/server in April with a wedding venue. She was also able to draw unemployment with the company that laid her off, which was based out of IL and we live in NC (she's in the Raleigh area). And as of this month she is STILL looking for a project manager job when the unemployment ran out in February she had to take on various server/bartender jobs. I feel bad for her and other youn professionals looking for work. Back in the 70's & 80's you could loose 1 job and pick up another job within 2 - 3 weeks. So on paper it might say there are plenty of jobs, but that is not the truth!!
Really tough market for PMs and managers right now. Companies don’t want to pay for experience. It is sad.
@@Graahk-r8u experience exposes company secrets.......they want yes people not smart people
Blame the Democrats and Rhino Republicans! Climate crisis laws and mass migration taking jobs because they are working for less! Communism coming to parts of the country as we collapse over the next six months! Move where you need to be along the ideological beliefs/economic system that serves you best!
All corporate jobs are in a downturn.
There are plenty of jobs... for part time bartenders. REAL jobs? Not so much.
The reason unemployment is down is because households have had to take extra jobs to stay afloat.
Yes it’s a statistic that can lie. In my homeland Czech Republic the unemployment rate was always boasted as lowest in Europe but real wages versus living costs have always been sucky and now literally even a childless working couple is barely getting by. Everyone is working, yet everyone is poor because our labor benefits corporations which use our nation for menial labor… fate of much of the former Eastern Europe. We are a colony. We will never get richer from working more for foreign lords.
It's not just renters, it's homeowners, too. In 2009, I bought new, my 1866 sq ft 3 bed/2bath/2car garage in Dallas area Texas for $132K. Now it's been appraised at $390K, so naturally, my taxes and insurance are over 3 times what they used to be and of course utilities go up, too. I'm retired on social security plus a small pension, and I'm being forced out of my own home. I may have to sell out and downsize. Fortunately, I'm a handyman with tools, so I can fix up an older, cheaper place
Good luck to you and I hope you can do what you need to do (i.e.: keep or sell your home). All the best to you and us all 🌅.
It's ridiculous that so many news reports call homelessness "unhoused". I guess they think it doesn't sound as bad 😕
more "news-speak" a la 1984.
Just like they are trying to call illegal aliens newcomers.
Democrats 😂
Next thing you know they’ll call it “house free” just the opposite of free housing.
its because there extremely stupid and they feel if they make up words like unhoused its so it yes does not sound bad.But the media is full of crap.and will never always tell u the truth.Its why trump won he was already being who he really was truthful and says it like it is in his own ways.
We living in a Great Depression it’s just not being televised 🤫
"Can't do anything about it Jack!"
Yup
There are more homeless nowadays than back then.
@@cynthiaweston767well yea there are more people then back then
@@cynthiaweston767No there are not. We have videos from back then and even the entirety of Central Park were homeless encampments. We are not even close yet.
I am 68 and the only reason I can afford to own my home is that I got in the housing market 45 years ago, when it was very doable. But taxes, insurances, maintenance costs are all getting beyond my reach and cause me to worry. I live in an area where there are many, many wealthy people. I have many good friends that are very well off. Purchasing homes or cars or travel or fine dining is not hindered for them. They spend huge amounts of money on what they concider everyday ordinary expenses. It is my opinion that the wealthy people of the world are driving up prices of everything, because they are willing to pay those high prices. And we, the middle class, are left scrambling and budgeting and doing without. Sadly, I believe that America and a lot of other developed countries are headed for a two class system. The CEO of Kellogg’s was quoted as saying that ‘cereal is an inexpensive dinner option for struggling families’. I wonder if he’s eating cereal for dinner tonight! His statement is trying to normalize poverty…that’s very unsettling.
EXACTLY.....but it's not that we haven't been forewarned about all of this since the 1980's when "downsizing" of companies took place back THEN.....they talked about the 'middle class disappearing" back THEN!!!! also ...All I have seen is an escalation....Senior citizens are the ones really getting screwed COLA never "catches up"
Well said!
Wow…the Kellogg CEO quote 😢
God hears you. Stay strong. Look up to God sweetie. Love from AZ-US.
If you have MediCare, be sure that you are receiving Part C, also known as Advantage. To qualify, you need to be enrolled in Parts A and B.
this country does not have government. It has corporations. They rule. You work and obey.
100%. The joke is Americans think they are free
Exactly right. And it's hilarious that people actually think anyone in the government, left or right, is actually going to make things better.
@@jcm3587 Depressing truth
No one is doing anything about it because this was the plan.
The US dollar was implemented in 1933 buddy. We've had nearly a hundred years to eliminate it
Absolutely 💯
😂"...was part of the plan,even if the plan is horrifying"
@@locox89Your comment makes no sense. What are you trying to say?
@@VVVVV99611 it's a movie's quote.
In Canada our middle class is already dead. Housing is ridiculous and wages have remained low.
Middle class were always the traitor class that bootlicked for the elite class and now that their power or eroding they have no one to blame but themselves while they didn't give a shit about the poor class.
That sounds like america.
people are making less and less money everyday. people are going backward and backward from having a house, car, and money to no house, car, and money to the point struggling to have food on the table. crazy.
Sounds like none of this is a coincidence since it’s also happening in a completely different country.
@@StillYHWHs50% of your income to pay rent is a great deal in some canadian cities.
To live alone in an apartment is like 75% of the average incomes for 30 year olds.
Homelessness is increasing faster than the official statistics indicate. Many are choosing alternative living arrangements, such as living in a van, an RV, or even their vehicle. That's a group of people who don't report themselves as homeless because they identify as nomads, but many of them would chose a more typical form of housing if they could afford to do so.
i know someone living in a truck right now who has income and can't find anywhere to rent!
Tough times, when full blown AGI becomes reality get ready for even tougher times if you are middle-class and below. All that AGI is concentrated in the hands of very few individuals.
The rise of the gypsy class 🕶️
they are also dependent on bottled water, this is why I think they are upping the price we are cash cows and corporations like to think of themselves as "farmers" like Bill Gates. .
And many adults have moved back in with their parents. They should be count as homeless too.
For boomers and senior citizens, the current market and economy are unnecessarily harder. I'm used to simply purchasing and holding assets, which doesn't seem applicable to the current volatile market, and inflation is catching up with my portfolio. My biggest concern is whether I'll survive after retirement.
Just buy and invest in Gold or other reliable stock , the government has failed us and we cant keep living like this.
Yes, gold is a great investment and a good bet against the devaluating dollar, been holding some for awhile now, I’m grateful my adviser’s moment by moment changes in the market are lightening quick, cos who know how much losses I would’ve had by now.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
Too much power in the hands of too few people.
Yes, all billionaires control our lives. They are selfish & care for themselves.
ok
Really? Everything you see is made by people, common people. Also bands, gangs, gov, nasa, police, army, etc are also made of people who need water to wash and drink, oxygen and food. Didn't come gates or klaus to install 5g,to check if you wear a mask or if you took the '' vaccines '' to ban car repair, heating, travel and all other modern stupidity. In all our history humans had a house. Now we become a great civilisation ppl sleep under bridge, they can lose their home and can't build one for poor made of sticks or mud cause is not allowed. There is nothing called power. Just some traitors taking blood money from rich to complete the plan. All others, about 8 billion living and complaining in virtual for what is happening in real life but also doing nothing to stop this. Good luck.
@raymondshaffer1984and that is why i support national populism.
National populism is fascism. That means more authoritarianism.
The last time I applied for jobs, less than 10% even responded. Half of the ones who did respond were instant rejections, and the other half were all 4 rounds of interviews, with 1 company having an interview last AN ENTIRE 8 HOUR DAY. All this for 60k as an engineer. Even after the interviews, the projects, and the day long interview, they rejected me. The social contract is broken. You can't afford a house, or a family. It's getting to the point where many can't afford food. Times are going to get violent.
I experienced this through my life as well and it was less for me and I have a feeling it was because I was SMI even programs that were supposed to help us failed us and it is the worse stigmatism to do to mentally ill people already but if I am being honest it is nice to know regular every day people experience the same because I feel less crazy and alone. I have fought SSI 12 years now or I should say on my 12th year now by myself cause my last lawyer gave me the you don't take meds bs even though I applied on meds many times so that is a bs excuse and I once had it too as a child but they took it away from because my guardians at the time failed to provide a change of address for me when they booted me out like every other. I can barely go out anymore because people are so nasty to my kind and I feel like killing myself half the time but am too proud to give them that satisfaction. Jobs don't want me, SSI doesn't want me how the hell are we suppose to cope at all even on meds when the whole system is unfair and disorganized and full of greedy eastwards. Sometimes I think this is why people shoot up places. And you can't decide to live on the land away from these government assholes because they took that away and made it illegal so you will go to jail for this even though there are worse people who belong there.
We are all slaves and disposable.
Not to mention I got certified as a Recovery Support Specialist because I wanted to help fight and advocate for my people but none would take me because of no drivers license and those who said not all require it sent me to bogus places still saying the same thing. So they got my hopes up, put me through all that training and I was the only person who bussed there and it took three busses three times a day to get up there and do this then I get my so called degree I am calling it because it wasn't really a school I went to for it but more of a mental health place that trained us anyways they all turned me down and dicked me around and all I wanted to do was help people! Yeah the money helps pay me bills and food and kitty food and other necessities but I could have stayed at my abusive Dollar Tree job that only gave me one day a week for four hours because I wasn't fast enough working the cash register and cleaning up the floors or isle whatever you want to call it and stocking and all after moving from my night shift that I was doing really well on only to give it to new hirees but instead I seized the opportunity to do something greater than myself with the inside knowledge I already had as someone with mental disabilities and have grown up around alcoholics and drug addicts too but instead of any of that I lost two jobs in two months just to be told I am not good enough.
I have only got a yes from two jobs but I had experienced the loss of a good friend and someone who also got a job in helping to protect people. He was on the news a couple years back, his name was Robert King oh and speaking of which the woman who murdered him only got 17 with priors even instead of the full sentence of 25 because she cried about it after dissing my friend already once before this and the judge.
My life has been filled with torment and abuse and it has not gotten any better and it makes me so angry the main news stations are still covering stupid Biden and Trump after I wrote to like 5-6 of them about my story. Sometimes I even think about becoming a vigilante because I am so sick and tired of the abuse of not just myself but everyone out there and criminals get away with everything now it sickens me!
Here are a couple reasons why there is a housing crisis: Local homeowners are converting rentals into airBnBs 2) Mega real estate investors BlackRock, Vanguard, and State Street are outbidding home buyers on residential homes and controlling the housing market that way.
Нет. Причина не в этом. Есть сценарий. Вас уничтожают. Мне очень жаль это говорить, но все американцы будут гореть в Аду.
Bc renters are squatting so its safer in some states to do air bnbs
I sell insurance and financial products and a guy I was writing a policy for was telling me about how walmart has their employees 401ks completely wrapped up in Blackrock. Most of these people are renters, they think they're getting a 6% match but in reality their own money is being used to price them out of the market and pay 25%+ od their income in rent.
@@danielmorris7648this is corrupt as f!
RFK Jr is the only candidate talking about this AND has a plan to help♥️
I used to rent a 2 bedroom house with basment and garage for 750$ plus all bills. Now a one bedroom goes for 2200 plus all bills
Wtf
Studios go for $1600 here in Sacramento
That's insane
@@proggz39 how?
I live in the same apartment since I moved to Phoneinx in 2014. It was $822 in 2014 and is $2150 in 2024. No updates or anything.
I make $55000 a year and work a second job for another $400-$600 a month and can't afford an apartment in Sussex County Delaware which is considered rural. The median income in my area is $32600 a year. I have good credit too. I don't know if it can be fixed. Election year or not. The ruling class is too far separated from the working class now. I sae another comment that said they dont need us anymore and I think that may be true.
The rich predator elite are done with US. They looking for the best way to sunset it in the best way possible.
Renounce your citizenship. Go to Mexico. Cross into the US and request asylum. Ask to go to NYC. Your trip and food will be paid for. Arrive in NYC and you will receive free housing, healthcare, EBT and a cash card stipend. Most importantly keep voting Democrat.
They dont need you until they do and when they do you will have to make them pay the price, no forgiveness for those who think its ok to mess up others people life.
Yup they don't need us
I'll just leave this here ✡️
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless." - Thomas Jefferson
Dang…..spot on.
Based on
cool it with the antisemitism
@@no.-trip4304😂
@@no.-trip4304The Federal Reserve bank exists to benefit "Them".
What if we tax the shit outta corporations buying up houses?
20% tax on vacant unused properties.
@@bitbucketcynic Better yet, make it a law that if a building or house is unoccupied for over a year, it automatically get repossessed by the city and auctioned off. And we also need to make AirBnB illegal
@@nerychristian That's just theft. The point of taxing properties being held but not used is to disincentivize speculators and investors with too much money for their own good to buy up everything, and drive them out of the market because in the end they'll just lose money.
Nope, because that is Socialism
@@scootergirl3662 Socialism is where everyone steals from everyone else until everyone is equally poor, except for the rulers who have all the power and all the guns so they get to keep their loot.
That is precisely why I have a trunk load of camping gear and supplies. My rent goes up poop. I’m out the door and I’m 71.
That’s smart. Maybe get a little dog too.
As a recent graduate, those "entry level" jobs are not actually entry level. They require people to already be in the industry for years and have experience that they don't have to even qualify for an interview.
Fall 2022 graduate here (B.S. Comp Sci). Unemployed for 5 months after 1000+ applications. It's crazy. It seems to also be even harder because of the layoffs, because now there's a lot more experienced (or even overqualified) people applying for lower-level jobs out of desperation.
@@Fraktahl You need to apply for city jobs, or work at school districts. Those are the only steady jobs.
yep. Same I’m in the same situation as u
You need to wake the fuck up and lie on your resume.
I literally couldn't be a pizza maker because I didn't have 3 years of experience
It is happening on purpose. Certain folks in government, in addition to the corporations they serve, know that if they can push out the middle class, then they can assume greater power. Removing the middle class makes the government less accountable to people and more accountable to corporations. The additional problem is that these "corporations" are often foreign owned.
Yes this is true it's a Democrat PLAN. See 15 minute cities. All DEMOCRAT plan. Keep voting BLUE and this happens to YOU.
Exactly, there is no middle class you are either rich or the working poor. It’s very sad senior citizens can’t afford to retire due to inflation and outrageous rents. The government is ran by the rich and their rich donors, corporations and lobbyists. We are lied to for votes.
This is exactly it! It's at the root of all our ills. It's not Biden's fault or Trump's fault or the governor's fault or the landlord's fault or the Democrats' fault or the Republicans' fault, well, maybe the latter's fault more so.
Miss Trump Yet?
You are right, Those folks are called democrats.
Once prices are up , they very rarely come down, especially utilities.
They do, just not till the purse holders expire
Yep.
They don’t ever come down
Maybe not during our lifetimes but study the great depression of the 1930’s.
I'm 23 years old, suffering from Ulcerative Colitis, trying to get a start on my life.
I live with my parents, dad is 60 mom is 57. Both are suffering a lot because their bodies are just slowly breaking down as they age.
Mom lost her job a while back, lost our household health insurance along with it.
Since then, mom fractured a bone in her spine, my colitis got so bad I can't work some days, and my dad has been unable to take care of our projects around the house, all while we're being slowly eaten alive by debts we've had for years and medical bills that do not end.
Our only hope is reaching out to our church, which I don't understand why we haven't done yet. We're clearly drowning, and there is no chance of things magically getting better for us, unless God himself sends a miracle.
Pray for us. We pray for anyone else out there going through ordeals like ours or worse.
I have UC too. One thing that helped is I eat ginger throughout the day. I don't know if it will work. But might as well try. I will pray for you. It is really a terrible disease. But amazingly there are even worse diseases in the world.
@wickway Agreed. I try to find ways to add ginger and turmeric to my food, as well as taking turmeric + ginger supplements with most meals. It works, but I'm hoping the proper medications my doctor wants to give me will be better.
Thank you for reading!
The church isn't going to help you except with some food maybe. They're in the business of making money. I guarantee your pastor isn't having ant financial difficulties. They're living good on your hard earned dollars.
I really empathize with the ulcerative colitis issue.
Has your Doctor not told you to change your diet and do an elimination?
Wheat, corn, tomatoes, chocolate, and dairy tend to be the worst.
I found bananas, potatoes, and steak eliminate the issues personally.
@vladimirofsvalbard9477 yep, I've done dietary changes.
Corn, peas, beans, and the like are an issue for me, especially corn chips and anything whole grain or just generally hard/fibrous. Nuts sparingly. Tomatoes don't seem to be a major trigger for me. Chocolate is also pretty safe, in small amounts. Dairy is actually one of the few things I tend to eat a lot of with no issues.
Bananas and potatoes are good, I also find blueberries don't cause issues and have antioxidant benefits as well. I can eat beef, but only in small amounts at a time, since it's usually too heavy for me. I stick to fish, noodles, bread, eggs, soft vegetables and fruits, chicken without heavy seasoning, and occasionally beef and pork. I tend to avoid spices in general.
So far, so good. I can tell when I've pushed my limits with some foods, but generally my issues have been light.
My next concern is seemingly developing issues from my steroids... I think that compounded on top of a lot of personal stress though; suspecting I've developed an adrenal issue.
Huge red flag for me was when they raised the assessed home values across the entire country at the same time. I mean just taking it at face value, that takes a pretty high level of synchronization to accomplish if you think about it...
The dog and the man are working together 🤓
Would that have anything to do with home insurance. My insurance went up 125 per quarter. Twice as much as the previous 25 years.
This is starting to sound a lot like an old anti-Semitic trope.
I'd stop right there if I were you. I have Jonathan Greenblatt on seed dial.
So you think Robert Reich had something to do with it? I think he’d have a hard time synchronizing two watches, but whatever.
They have a monopoly
A huge gap between rich & poor and a country with pathetic out of touch leadrship (across both parties) will lead us to a dystopian society. Thanks for covering this. Subbed.
Already started
This wage gap grew in the early 90's but it wasn't as dramatic and they were able to hide it pretty well. Today, we know a lot more since all the info is at our fingertips. The Gov is doing it forcefully, and shoving it in everyone's faces because they just don't care.
"Why is no one in charge doing anything about it?"
They don't care unless we make them care.
They’re paid off! We the people have to make a stand, but that ships already sailed as 64% of our population is overweight and obese. Not to mention distracted with social media. Best bet is for you to prepare yourself and family for what’s coming because it’s full steam ahead!
Because they are in on it
If only we lived in a country with more guns than people per capita 😂
This is the plan. Those in charge want slaves, not citizens.
@@devotedtodestructionyou truly think guns are the problem ? We will all be laughing at you soon don’t worry 😂 🤡 😊
I tried offering affordable housing. The low income renters will destroy your house and stiff you on rent. Squatters are hard to get out and are very scary desperate people. 😨😢
To add to the conversation, for some reason older generations assume we are all just lazy, not trying hard enough, or just doing everything wrong. The blame gets put on our character and not the system itself. Then comes the mental health consequences of blaming a systemic issue on the individual.
It’s not that cut and dry, most of these issues are due to choice. Trillion dollar corporations are preying on our dopamine imbalances but you can cook your own food, exercise outside for free, etc.
@@tomwaitsmencsea lot of things are out of control like the cost of things but you’re right about those areas. Exercise is free. There’s no need for a gym membership. You don’t need lavish expensive hobbies to keep yourself calm. Drawing dancing singing writing or cheap diy kits are good enough. People wanna act like healthy food is so unaffordable meanwhile two pizzas cost almost forty bucks, a trip to McDonald’s is insane, a bag of family size Doritos are basically the cost of a meal and it’s expensive AF to use DoorDash.
They got cheap houses where we don’t
@@aaabbb-ve9po
So, what's the solution?
why do we care about what older generations think? They are not important to us, their opinion are not important.
Rather think about the situation than someone's option on internet.
Wall Street owns 19,000 homes in the Atlanta Metro Area…let that sink in 🤯
really, it is no longer a left right problem or a red blue problem. It is an upper down issue, if you get it. it isn't. they want us to think it is tho
Yep, the rental society they all believe is such a generous program. I assume it stems from the billionaires following the WEF via Danish politician Ida Auken's "You'll own nothing and be happy." Yeah, if we all had the existence and experience of Denmark's homogeneous population. She should have excluded America in her "essay" for her utopian vision.
They own 4.4% of the housing in the metro Atlanta area. Less than 1% of the entire us market.
@@MrMrabaunza Maybe "Wall Street". There are hundreds or possibly thousands of investment companies which own thousands or millions of SFHs. This is one of the factors in causation of this mess.
Who are the big Wall Street owners of Atlanta's homes?
What I don’t get is how has the corporate greed not fallen over from top-heaviness? It’s blatantly obvious that executives in large corporations are do-nothings.
Well it actually kinda has, multiple times. We've had multiple recessions and collapses the past decades, since the 80s. The government has bailed them out every time, to prevent exactly that. So the system just becomes more and more top-heavy, and the government has to spend more and more money to keep the giant whales that are the ultra-wealthy afloat. That includes giving them tax cuts, as well as bailouts, just to clarify.
the Plunge Protection Team helps
They steal our money with tax loopholes then when they collect so much they collapse, they’re given what they finally failed to steal from us with bailouts funded with the same tax dollars they were intending to steal in the first place.
@TheNN this keeps going and the dollar will be worth nothing, they keep printing the problems away
@@caingamin2 everything fades away huh
The problem is… when you’re living in a country of high cost of price of living… what will happen to a lot of people is you will have to work more hours & days… the best thing to do is find a proper career where you can live in a lower cost of living country out side the U.S.
Facts
Most americans are too proud to tjink like this, and this is the issue
@@brandonnguyen9555Personally, I have considered moving to a lower priced country in Europe or the UK, but it’s also a tough thing leaving family behind. I do think more people will move as family ages out and kicks the bucket.
@@philip7833 thats most of everyones reason, i said goodbye to my family slowly, since they were just a burden to me, so it was easy for me. But nonetheless, even if you are moving away, doesnt mean there is no chance with meeting up with them again, life goes on, its up to you how you want to live and you always have a choice and i believe that if you decide to move somewhere else with a good reason, your family should support you with this and have some understandings. I grew up in the netherlands, in 2013 i left that country because it was horrible to live in, since then i have traveled to many countries in europe, and eastern europe was way cheaper to live in and as someone who speaks dutch and german we get a very good salary to live in those countries, usually we get at least double to triple the standard salaries of the locals. Now im in austria and i do seasonal jobs, i dont have to worry about accomodation or even food as they provide it for me and i get a very good salary to even save up, so there are always possibilities, you just need to get out and find out what they are, staying in the same corner, just because you cant let go of your family is for me kind of stupid reason, especially when you are getting depressed and making no.progress at all, life is about making progressing, learning and see new things as much as you can so you can die happily
Hell of a commute from Toronto to Phoenix.
This is easily as bad or worse than the 1930s in the US.
@@Shei-veiIf you had told me 5 years ago that I would be paying $2,280/month rent (no utilities included) for a very basic 1980s home in a so so neighborhood, I would have told you to put down the crack pipe. 😒
HOME!!??!!? They're charging $2500 without utilities for a studio apartment! You get the bedroom and kitchen located in a 300sq ft living room with 1 full bathroom in the space of a half bathroom. On top of that, you have to pay a sperate Bill for parking. ❤
Are you standing in long lines for bread and cheese?
@@scottishdude9682I know people who lived through the Great Depression not all were standing in long lines - some grew their food as I’m doing.
It’s not even close to the 1930’s. In the depression, tens of millions of Americans suffered from malnutrition. It will likely get that bad when we have a sovereign debt or credit crisis, but we aren’t there yet.
We were forced to leave our apartment because the rent was so high. We are now in a crappy weekly relying on help from friends and trying to find a job! I don’t care what politicians say the job market sucks! The rent is so high, even here in this crappy weekly, along with everything else that is so ridiculously high! We are struggling every day not to become homeless!
You got what you voted for.
@@Shyhalu I'm convinced you must be a Democrat trying to turn people away from voting for Trump. Because I can't imagine anyone being so ignorant as to think that would win people over to your side. Especially spamming comments like you are. But, if you are on our side, we don't want you!
Stop voting for Democrats this is their vision and they literally told you
Move and look for remote.
@@EconomicWarfare Its like you didn't watch the video. There was a burst of hiring after Covid but you can't just move to escape this. As you move to areas you drive up prices which triggers the same upward spiral of rent that drives people in the new place out of their homes. Moving won't change it it will just impact the place you moved to. Many of the jobs that are needed can't be done remotely. So you get a cycle: Losing your rental and having to move or become homeless causes you to lose your job. The job can't pay more because a slowing economy means everything from retail to health care is making less money so wages freeze. Now jobs can't hire people at the frozen wage because they can't afford to live near the job thanks to rent. Now the company can't hire and you have lots of jobs advertised but no one can afford to take the low pay.
Additionally moving requires money and when you are already skirting the edge of being homeless where will that come from?
That is the plan.People from WEF said “You will own nothing and will be happy “
will be happy to simply be alive another day, yes, new feodalism
" “You will own nothing and will be happy “.
Well, it could be worse; you could own everything and be unhappy....
@@shyvikingPlease tell me this was a joke reply
@@shyviking😂😂😂
Everyday that laughably absurd and seemingly unaware statement begins to sound more like an coyly delivered implied threat. Like something a deranged technocrat serving one of the Orwellian dictatorships in 1984 might say.
It's not only in America that rent are syrocketing. Here in Europe too. World wide .
Look to Eastern Europe, where happiness is on the rise for young people. Lithuania, Czechia, Latvia, Slovokia, etc
Because low interest rates and printing dollars
@@Jacobdead Sorry to break it to you. A Czech here, moving around the world because studio apartment rent in Prague is now like 80 % of monthly wage, the city has been taken over by foreigners and tourists completely, entire neighborhoods. You don’t hear Czech spoken anymore.
Old age pension of €500 would not afford you to sublet a room, €600, even anymore.
The fact that we have even one politician that gets rich after elections is a root of this massive tree of an issue.
Looking from the other side of the Atlantic, it seems that in America, it is difficult to become a politician if not already rich.
Did you know Trump was the only president who lost net worth? And he didn't accept his paycheck cept a penny
@@RonTodd-gb1eoIt’s true that you need money, but a lot of it comes from donations from supporters or the party. Many seem to make a lot of money in office, when their salaries are about $174,000. Something’s not right!
@@RonTodd-gb1eo Not necessarily, if your a minority in a blue district you can get picked to ensure minority votes, and get a free prop up in life. I.E. AOC.
I dont think you can nane one presidential canidate that wasnt already a member of the millionaires club lol even mr proggresive bernie sanders is a very affluant man from real estate lol 😂 american politics or capitalism government has always been about the rich holding power while also getting richer offg it@suew4609
Very sad truth. This video is depressing to see. As a fellow New Yorker, I've been seeing all of these effects in various ways. My rent on my one bedroom in Queens just increased this month to $1690 a month (that's a discount for this area, btw). I'm trying to buy a car, but the used car market is insanely high as far as pricing. Insurance is high, gas prices are up, and like you said, congestion pricing is coming in June. I've been looking at homes in Connecticut, which will certainly add to my commute, but even they have seen steady increases in price. And don't get me started on groceries. I'm unmarried, live alone, and have no children, so I can imagine how difficult it is for other people here. It's disgusting.
lots of older 90s cars are pretty affordable and you can get some with low miles even, check cargurus
You got what you voted for.
@@Shyhalu I didn't mention who I voted for or if I even voted at all.
Guess you’ll die alone 😢
@@ice319 Good reply. I'm tired of keyboard warriors making snarky insults like that. Note: I grew up in Queens and it was an affordable, working-class place to live. What's happening in New York is already spreading across most of the states, and this problem was not caused by the voting habits of people in NYC.
This man and his channel has done more comprehensive journalism about NYC and how the economy has affected New Yorkers than any news show outside of John Oliver. Please share a link to this video to everyone you know. This is not just a New York problem or a 'big city' problem as politicians would have you believe because it's challenging municipalities nationwide and has begun to hit small towns as well.
And he is still 100% wrong about what is causing the problems lmao. Trying to blame the rate increase/decreases for loans on a problem solely caused by mass migration of 10+ million people combined with insane taxes to hand them all free welfare.
These ****** got what they voted for, its finally hit critical mass.
💯
This has been happening for years in Brazil, but after the COVID pandemic it became 10x worse
I'm just wondering what the heck could Cash be always carrying on that large back pack?! Maybe cash or maybe who knows.... lol
If we took a shot every time he says "That sucks!" and we'd be twisted yo. :D :D
@@BillAnt I personally bring my backpack around because it has the essentials/necessities for food and beverages, including camera equipment and a laptop if necessary.
Our politicians are slime. One reason I haven't voted in 20 years, no plans to vote in the future either. They could care less for fixing this.
Agreed 💯💯💯💯💯!!!!
I stopped voting as well. I think it generally does more harm than good.
Especially since so many political parties change their tune after being elected and at that point it is too late to change it without a nationwide uprising.
😅😅
If YOU DON'T VOTE YOU DON'T COUNT!!
This is important that I make this comment and I hope as many people read it as possible because it's remarkable. In 1987 I had an economics professor actually tell me that if the United States doesn't change the way it handles all of its economic policies, that by 2025 there will no longer be a middle class. And now I see this video.
Now I know why he taught at Loyola University, and I think Tulane also. Brilliant teacher.
He was able mentally and patiently to do the math
MIT did a report in the 70's that said the same thing, it also said we'd see a complete collapse of American society by 2050
But these two are not prestigious schools to begin with?
My home was stolen from me by bureaucrats in Massachusetts! They created so many barriers, and I couldn't even use my own money to save myself!
They're doing this on purpose
Commies in Taxachusetts
You will own nothing and be happy
Only God can help you now my man so get saved by Jesus if you aint.
Massachusetts actually held my money hostage. I'm disabled and saved my money in retirement plans. I bought my home in 2003. I was forced to sell it in 2017. I had 3 times the money to pay for it and live my life without any government assistance. I was dragged under, and Massachusetts made life impossible! I was forced to sell my home to an illegal immigrant. It all looks like freedom of choice. I don't get any disability because it was given to illegal immigrants. It was in my local newspaper.
A TON of employers also do CONSTANT 'hiring' even when they're not actually hiring, so they're always interviewing and taking apps just so they have applicants at hand when they do end up needing it. My one friend is a manager at a popular restaurant chain and he told me they literally HAVE to schedule a certain amount of interviews a month, those interviews are set up by a 3rd party, and they bring people in for interviews KNOWING they're not hiring at the moment..... what a waste of EVERYONE's time, he hates it but is like 'it's just what we're told to do'.
and this is just for like serving and cook jobs
This is definilty a practice some restaurants make as a policy. I had a floor management job about a year ago where 2 hrs of my week was blocked out to hold interviews for tipped hourly FOH team members. Even though we were fully staffed at the time and not hiring. The managing partner was ruthless and felt like he should always be interviewing incase someone better comes along than the people that had been working for him, or if someone needed to be suddenly fired or quits he'd have an immediate replacement. As a result he felt there was less of a need to make the workplace a fun relaxed culture as well. As long as he had people to instantly fill in any sudden vacancy who cares if someone is unhappy?
Yup! I got laid off because someone got my job for $4 less per hour and my job didn't pay all my bills and I can't find one that pays a living wage.
This is also to keep employees in line for fear of replacement
YEP. I would like to tap into the Amber Alert System or whatever to cell phones TO SEND AN ALERT....SO PEOPLE CAN STOP BELITTLING THOSE WHO ARE LAID OFF, WANT TO WORK, ARE SPENDING ALL HOURS ASKING IN PERSON, APPLYING ONLINE, TAKING TESTS, ETC.
Great job w/ investigative reporting! Better than actual news media channels 🎉
This is a global issue. Here, in Mexico, locals suffering from similar issues.
This world sucks for anyone who is not rich.
Nothing new then.
I'm in my 40s now, but my (material) standard of living was better when I was in my 20s, even though I'm earning much more now. There are a lot of people worse off than I am, but when people who always considered themselves lucky (like me) start to find things difficult, there has to be a problem - and one that's going to unimaginably worse for people who *aren't* lucky.
If we wanna fix it, we gotta fight for what we want.
Peace is no longer an option
Then maybe I need to leave this world.
Yep
WA state resident here- laid off from my first big job 2 years after graduation, rent/utilities/food increasing, and it doesn’t matter how many jobs you apply to they’re all ghost jobs and no one is hiring- I’m so tired
Tech jobs? The most I know right now is that tech jobs are doing the layoffs right now, especially in WA. Here in CA, it's like that right now with us too.
Don't ever give up Rely on God he hears you he is always with you with a thankful heart let him take care of your needs
Somehow I’ve survived recent layoffs. Saw good people go. Sad.
George Carlin nailed it
Sleepyjoe
Happening everywhere. Governments and those responsible should be ashamed for allowing this to happen and not stepping in. Time for change!
Half of em don't care about us, they forget who they're supposed to be helping.
this is happening everywhere in the world*
I'm in my late 50's. This used to be a great country. What's happening now is very intentional and blatant. The amount of people that are just clueless is amazing. The more things go wrong, the more the support the same things that will make everything worse.
Because your generation sat there and accepted all the great stuff while the government gives with 1 hand it takes with another. And it took our future. We are a colony now. Yall accepted the wars not knowing it was a central bank scheme to take over the world. We didn't fight wars to win and take over. We didn't fight to fight communism. Look at our dealings with China. You have the ccp funneling millions upon millions through the president's son that the fbi then covers up. We are so screwed and I'm going to have to fight for my right to even own a fucking house. Thanks.
I left the USA 13 years ago and have been living in peru and whats happening now in the usa is very scary most of the world has problems but whats happening in the usa is terrifying
Smart to leave here.
I thought the USA was bad in the late 90s lol but it could have been because i grew up in a black city lol@@LilyGazou
It's called depop. Not kpop. 😂
How is Peru?
@@AlchemicalForge91awful however atleast I eat well and can afford hobbies but most of it sux
Groceries have gone up 78% not 25.
I agree! My grocery bill goes up by $ 5 to $ 10 every time I go shopping. Some items have doubled since dementia Joe has been president.
I hope that you will not spread those "values" across the world, as we there have enough our own problems. Greetings from Siury in southern Europe
Yeah that's bidens fault smfh remember the previous administrations choices are what we are living in currently
@@wolves1fan830 You need to take a history lesson and learn that Biden (Mr. Magoo) is the one responsible for the massive inflation.
Quite simple. Everything needs gas to be delivered. Joe decided to stop drilling. Gas price goes up. Everything goes up.
And that's only one of hundreds of their idiotic ideas.
The way you film and edit and constantly speak is impressive. You're built for this and truly a "content creator". I always watch your vids!
My son and I went to Jewels (Chicago) yesterday - 2 small bags of groceries and 2 gallons of drinking water was $80!!! We bought essentials and all store brand no name brand and its enough food for maybe 3 days 😒 renewed my lease -rent went up, my car insurance doubled even with no tickets/infractions, gas keeps going up and so on amd so on!!
I make the most money ive ever made in my life and atill im living paycheck to paycheck! Something has to give, I cannot maintain this way much longer. And i know my fellow neighbors and family are all struggling too. 😔
The dollar is worth .03¢ that's why everything seems outrageous
@@BenEthridge yes and I've heard that every dollar we make is taxed like 7 times all together
I've also been living in a camper since May 28th of 2021. My landlord sold off all his rental property and we could never find another place to live that was affordable.
He was smart. He sold all of that before he got screwed.
@@vickieclark5931
I have no hard feelings they were good landlords for several years.
The place we were living at, they had plans to build a retirement home there. They even sold the home they were living in.
It was all very sad they were upset that they had to make us move.
Miss Trump Yet?
@@phpcoderusa
Nope! I voted for him the first time but he has been nothing but a disgraceful human being.
MANY here are living in campers w small heaters & ALOT of layers along w blankets.
I finally gave up on finding a full-time job (after a year searching). I’m now working two part-time jobs, and I might have find a third revenue stream. I have a PhD and two master’s degrees; I’m now overqualified even for academic jobs.
It’s a crazy time we live in and basically seems “invisible” bc noones talking about it. Not nearly enough
@@scotteberline5458from what our president is saying and the way people are acting, things are just fine but we know this is not the case.
This is a global phenomenon- I am Greek and the situation here isn't much better. We have been experiencing a prolonged financial crisis for more than 15 years now... The only thing that keeps people from being homeless/destitute, is that we heavily rely on our parents for financial support, even as big a$$ adults with families of our own! I know this is not ideal, and it shouldn't happen, but it's the only way a medium income family can really survive nowadays.
Cash, I've been watching you for quite some time now, mainly to see what the housing situation in NY is, and I applaud you for exposing these very serious issues! While the rich are getting richer though, I honestly can't foresee any favorable change for the middle/lower classes....We will continue to struggle in order to survive.
This is happening because the whole western financial system depends on US and US dollar. It's just a symptom of failing society. Economies based purely on debt cannot run forever.
Also, US, Canada and some other countries have built their cities to be so heavily car dependent that maintaining the infrastructure is painfully expensive. That's why municipalities only care about property prices going up as it's their most important source of revenue. They don't care that causes living standards going down cause otherwise they'll all face the same faith as Detroit.
American economic model is broken, it's always been broken and powered only by all might dollar. Now, when even the dollar is in crisis, everything is crumbling. There are many, many other reasons for all of this but it all goes to the same source - corrupted ruling elites and their corporate overlords.
Let's add war in Ukraine as well, US and especially Europe, shot themselves in foot. Plus, Europe has the most incompetent leadership of all time. It's never been this bad.
@@draganstankovic2438 Yep, it's been like this since the 1970s with the petrodollar, all because the 13 gentlemen (rockefellers - morgans) created the Federal Reserve Act bill that would destroy america within 110 years later.
I live in the uk and it feels like your talking about this country. We're all feeling it....and its hardddd!!
Send this to BILL MAHER, he doesn’t see a problem.
This !
Bill Maher belongs to the same tribe as those who control the economy and cause this problem
Bill is getting old there are a lot of problems he doesn't see anymore.
Bill Maher is the biggest deranged idiot that ever made it on TV
Of course he doesn’t from his Ivory Tower. Democrats keep gaslighting us on these issues as if they magically got better in the past 4 years
It's crazy that NYC is providing more support to the illegal migrants compared to the citizens who are spending tons of taxes for the city.
That’s what they voted for. It’s only crazy if they expected something different than what they requested
Not illegal, Aysulm seekers, The government allows it. Change your law to deport rather then slap someone who crosses the border with a misdemeanor, NYC is also legally binded to support them.
@@willdegra317They didnt vote for it,The Immigration and Nationality Act (INA) LAW has been in place since 1952. What they need to do is vote for people to change that.
@@Gamebug19922absurd... We didn't have this issue 3 years ago .. Keep voting Communist, I mean democrat
@@Gamebug1992290% of asylum claims are false.
A case of Bottled water went from $3.50 to $7.00 in one year.
Wtf, lol. For some fking water.
@@erikdekker1and most of the price is for the bottle, not the water.
@@regishwadum It's pathetic and that sh*it also gives you cancer.
Setting up for world war 3 , setting up the same conditions as world war 1 and 2 , world war 1 Germany the inflation was so bad a wheelbarrow full of cash couldn’t buy a loaf of bread
Water is free, so…
It's insane how the average day-to-day person has to suffer the consequences of policies very few people decided on.
READ ME: Hey Jordan go to Long Island if you look into the illegal/underground housing market there, you're guaranteed a goldmine story about how people everybody in LI rents at least one of their rooms/finished basements/cuts up a ranch house into 3 mini-houses for $1600-$2200 per month not including utilities. You gotta go out to Nassau County bro and South Jamaica, Queens, where the slumlords are putting 4 "bedrooms" as individual living units with no fire escapes and 1 shared bathroom for 15 people @ $500 per room. I was an ACS Caseworker (CPS), I promise you've got a story here man.
I hope he sees this.
The problem is our livelihood is not nearly as profitable as being sick or dead.
To be fair, if we all died tomorrow the funeral services would get at least 7k per person
And, despite the high cost of living, it still remains surprisingly popular!
@@mothmaru lol wouldn't that be funny if Big Funeral were behind all of this (obviously a joke, funeral companies are not like big pharma or big oil, there's no major, multinational funeral corporations...my best guess is they're mostly local companies and have little influence on the macroeconomy and people's deaths)
@mothmaru What are you talking about, the funeral services would be dead too because of the people running them in the first place. We are all practically dead before we can die because we are wasting lives working all the time and have little enjoyment to care and have fun about our own lives.
Oh but, the rich somehow live and now they win!
At what cost?
I am a nurse. But as a single mom, I can't afford an apartment in my town and I have no desire to be tied to a property for the rest of my life. So, I bought a motorhome and pay 1/3 of what a stdio would cost. Next, I'm buying a piece of property.
I mean no insult but I’m surprised tbh, thought nurses made good $$
They do. Inflation makes their good pay pointless@@Allen667sjja
@Allen667sjja Nurses can make really good money. Salaries vary a lot even from hospital to hospital within the same city. A bigger determinant of how much purchasing power a nurse has is where they live. Major cities generally are more difficult to afford for anyone making a middle class income since cities generally don't increase wages proportionally to living cost for most industries. i.e. a nurse making 70k in Birmingham, Alabama can make their money go further than a nurse making 125k in NYC.
Well yeah but you missed the single mom part, only having one income raising a child bears substantially great impact on the cash flow you can have
@@Allen667sjja
@@Allen667sjja Not to mention people who say nurse aren't always clear about whether they're an RN, an LPN, or even a nursing assistant, which each get paid usually significantly different wages in order from highest to lowest.
Should have never taken the dollar off of the gold standard and now here we are.
The housing and rent prices are fucked here in Nova Scotia too.
...it's Blackrock.
Guess what happens when you print money recklessly after shutting the economy down for the better part of 2-years, forcing medium-sized businesses to die off or have to sell. Mix that with an anti-monopoly law enforcement mechanism that's basically asleep, and you're seeing consolidation like never before which will increase prices. And then major investment firms buying homes - often entire neighborhoods - just to rent, ultimately controlling the rent for an entire town when they do so. Regulation isn't always necessary--but anti-monopoly and anti-investor-owned homes regulation and enforcement is necessary (differentiating between corporate investors and a mom & pop renting a few homes, which is fine and hasn't hurt anything because they cannot act as a cartel).
Black Rock and Safestreet come to mind for investment firms buying up houses and turning them into rentals. "You will own nothing and be happy."
Be careful of letting Mom & Pop real estate investors off the hook. When viewed in the aggregate, small investors currently own a huge percentage of single family investment properties (1-4 units). They also have a lot of cash sitting on the sidelines, ready to mobilize when home prices drop.
I know because I'm one of them. Ignore us at your own peril.
You forgot the immigrants fucking us in the asshole.
Speculating on human basic needs 🤔
You forgot to mention the massive importation of labor to crush wages
I have two rentals and just realized that last year the one with a insurance policy went from $867 to $1311. Property taxes went up 25%- i raised the rents 10%- for one lady its the first time in 8 years.
You're a kind landlord or landlady. 🙂
Taxes and insurance are hitting people hard. The government has way too much debt and keeps spending like there is no tomorrow.
I told myself that I can never have children in America due to the childhood I had around medical bills, my mom’s death when I was a little kid, and the medical bankruptcy. I met the man of my dreams, he’s German, I’m having kids but not in America. I can’t do it. I wouldn’t be able to afford the medical bills if I wanted to.
Yep
The real reason is corporate greed and paid for politicians.
apathetic public too.
So capitalism? Lol
That exact mindset is what got us here in the 1st place if you actually recall but is somehow now being blamed on "capitalism". With complacency (as this individual stated ☝️) literally any system can be corrupted through the right means. All the policies being used under the guise of "helping the people" are mostly communistic in nature and at the very least detrimental down the long road suchbas welfare or "affordable housing". There is a reason why big corperations have went along with the "woke" agenda and it was not for "profit" but to align with the gov and in order to give the impression that "capitalism is bad". Makes no sense monetarily to go against one's own customer base which many big corps absolutely did knowing well what that outcome would be yet they're still kicking. It is all about corruption and those who truly own the big corps as well control the government s.
@@umarjongi3590probably the most important part. I may be interpreting this wrong but it seems to me like an apathetic public that’s empathetic to billionaires. In recent years, during this eat/tax the rich era, I’ve seen fellow middle class citizens applaud billionaires for cheating the system.
That's what the government wants you to believe. You believe it. They are successful
WEF/NWO operatives infiltrated in high level government positions and institutions.
*you are a TRUE genius, I have never seen someone SO good at telling important NEWS like it is & addressing only the deepest roots of the problems.*
We have anti-trust laws for everything except PROPERTY. The founding-fathers told us...ONLY TAX PROPERTY...not labor (the income tax). If the USA returned to that system, property owners would develop all properties to max use and produce so much housing, that there would be no homeless within ten years.
really truly, cash here is on point. underreported in msm.
@@toncuz8291 that's completely false.
the owners attend to their own interests, and they make MORE money if the rest of the people suffers.
so, there's somewhere a fine balance where they can keep more people suffering, so they will be willing to work for less and you purposely lose some efficiency so you can dramatically cut the costs.
while we're in a profit driven system where all the money is in the hands of a select few, there's no way around it.
I rented a 5,600 square foot house for 4 years in Las Vegas starting at $5k a month, the rent increased to $6,500 by 2024 and I had to get a loan for a $50k travel trailer that I now live in, I had to sell all my furniture and tvs and anything too big to fit in the trailer, I pay $600 a month for it and about $1200 a month to stay at a nice RV Resort (not a trailer park) and I can finally breath again and I’m not living pay check to paycheck anymore and my credit is going up, I suggest people try everything they can to get a trailer now! I’m loving my new 2021 keystone cougar and at first I was so nervous from down sizing from basically 6k square feet to 33ft but I’m loving it.
Why would you want to spend $5k renting a house? Live within your means
@@nerychristian I learned my lesson , and you’re right I was trying to live like people I see on tv
My best friend just moved out of Vegas recently. What was originally somewhat affordable rent for her income bracket went up $200/mo year after year. She’s a vet tech and they do not make much money so even with OT and a side gig job she was struggling.
It’s too bad because that area NEEDS people in her profession! But typical working class are having a tough time just making it without a partner to split bills with or roommates. She does shift work, often late at night, on call at all hours so roommates can get tricky and who wants to live with someone who gets a call in at 2 am? It’s not easy to find.
She moved back to where her family is. Rent is still high but it’s more regulated and it’s not a “touristy” area so the rental market isn’t catering to the “digital nomads” who move from one tourist area to another and seem happy to pay the high rent for awhile until they move on to the next hotspot.
Sad tho in reality that 1800 to live in a trailer is a good option. We are so fucked
We had to move into subsidized housing we threw away so much furniture it didnt fit and i broke my knee during covid and couldnt carry it our landlord sold the house the new guy fixed it up while we lived in it and then raised the rend by 1000 dollars we had no lease so he could
I remember working for a gig app in San Francisco and they wanted to know which president I liked. I stopped using their side gig service instantly. It felt really creepy!
Land of the free and home of the debt slave
The issue is that Americans don't take their elections seriously and they elect incompetent politicans to office instead of Middle Class citizens themselves.
Right now, we have two men above the age of 70 running for President. They are also considered two of the most unpopular Presidents ever in the US.
On top of that, most Americans don't realize that those two men have limited power in domestic circumstances. Congress holds the majority of the power in the US.
Yet Congress has some of the most unpopular politicans in the US in it, AND they have been elected multiple terms.
On top of that, I believe that these parties really dont care about the average American. They care about their hold on power, which equals wealth to them.
We are our own worst enemy.
Amazing. The comment that speaks the most truth and happens to be the least popular according to likes. A perfect example of posters point in action. Shameful
Capitalism at its finest.
I wouldn't say just coming from the middle class - some of them failures, too. It's people with virtue and integrity with decent intelligence and who believe in the American Way.
Dude I’ve been saying this for years. I’ve thought about starting some kind of awareness or campaign.
I have absolutely no issue with any other point you make but the first. If you had swapped the order of points, I could almost guarantee that you’d have a lot more upvotes, simply because of the “RAAAR YOU ATTACK GUY I LIKE” factor-sad but true.
I read an article and it said that if minimum wage kept up with cost of living, it’d be $30-35 per hour..
And a burger would cost $35.
Cost of living needs to come down, that’s the only solution. Raising minimum wages constantly only makes the problems bigger and worse.
@@AtomicDog-v2dthere are record profits for large corporations. They can afford it they just don't care about poor people
@@joshuag.4873 Minimum wage only prices out people who want to start working from nothing. The only way to fix the price imbalances is to fix the damn money we use. Get rid of the Fed note. Nothing anyone does is ever going to fix it, it will either collapse on itself or people will literally be paid money that buys nothing before they realize they want to be paid something else.
@@AtomicDog-v2dAgain with that bs argument. The way things are going, burgers WILL be $35 but min wage will be the same!
In the 1970's, at minimum wage of $3.50 an hour, with take home pay $350 a month, my rent was only $100 and grocerys were only $10 a week. Fast forward 60 + years on, in retirement, Ivye had to move into a rooming house at $700 a month just to keep a roof over my head, and my food is mostly beens, oatmeal and coffee at $350 a month. I have no car, internet, television and only get out only to buy food. I feel like I live in my room and I'm in a prison. If either my rent or the cost of food goes up, I'll be on the streets in Alaska with temperatures as low as -20 F in the winter. And yes, there are hundreds of people living like this here because they can't afford to rent.
Wow amazing story.
Amazing? More like a traumatic Story. 😂 @@SK-le1gm
the harsh truth is, it is cheaper for you to die than to take care of after retirement. You exit the workforce, you contribute nothing to the economy but drain resources. This is a way to spend only the bare minimum on the retired population to not make them look like devils killing off the non working population.
The quality of life and succes of a country is show in how they treat the lowest and least well off of they society, and as a European looking from the outside in, the US is failing.
When i was younger (in the 80's) i would love to live and work in the US. I even worked on cruiseships around the coasts (east and west coast aswell as middle and south America). But now? No thank you.
And to think the US waged war on the Brittisch empire for independance because they got taxed to hell. Its a shame how docile the American public has beccome to accept this kind of poverty under the rule of taxing giants.
In the 1970s the minimum wage was $2.30, Carter raised it to $2.65. You are a liar.
Um yeah thats why you get the hell outta Alaska lol there are no jobs
In the end they will say “we didn’t force you to take the shot,” “we didn’t force the shutdowns.”
Rent, gas, food, utilities…. It’s ALL gone up by large margins. I’d like to see this country come together over this. Abolish the fed. Stop paying taxes.
they'd rather have us divided by left and right. it is no longer a left right thing or a red blue thing but a upper and down thing, if you get me. but they want us to think that it is a left right thing ,,!!
Than why you dont own stocks of these companies? It does not make any sense to complain about companies having high profits and not own any stocks. My entire electric bill is paid by dividends from utilities.
Enjoy drinking toxic water and driving on unstable roads!
@@Cap_management I didn’t complain about anyone’s profits. I also don’t have money to play with in the stock market.
It costs you $10 USD per bottle for maple syrup- a nation that produces it. It costs me $10 AUD to buy pure maple syrup and I'm 7000kms from maple production. That's wild inflation for a local product, and your minimum wage won't cover basics per hour. No wonder the population is the 'working poor.'
It was that stupid organic keto syrup 😂 I get the cheap Walmart brand for a couple bucks bro
Syrup used to me like 99 cents tho 🤦♂️
@@vinman8031 is it? My mistake, I thought it was maple syrup. It was labelled as syrup but if it was a fancy-pants variant, it'd definitely have a mark-up to justify its exclusivity.
😂
It was fake syrup..maple flavored..meaning brown rice syrup 😂
Canadians are experiencing the same thing. This is what happens when homes become financial assets. The government won't dare to do anything that impacts the net worth of homeowners. We're in the middle of a bubble, and no one dares to burst it.
Same in Australia, US home prices are well below ours but the NYC rent is ridiculous.
It's happening everywhere. It's coordinated, and not a coincidence.
France same, i dont even pay taxes yet and i would have nothing if i where to live in my own appartment , i am 27 years old and i do night shift as a security guard on a researche site.
It was the covid lockdowns. Governments of the west are all blaming “greedy” corporations.
@@shrunkensimon Oh, by the way, things don't happen by accident, but they happen by design. Where are the politicians and puppet masters when you need them to solve problems ?? Either absent and quiet or loud and outspoken with demagoguery.
The "end result" of over 40 years of trickle down economics creating the largest transfer of wealth in American history. Low wage service jobs have replaced living wage industrial jobs. Add in inflation, and many Americans are being priced out of the economy. People are struggling to afford housing, food, and transportation. The ranks of the poor and homeless are swelling, while the middle class shrinks and dies off. Upward mobility is all but impossible for a significant amount of Americans. What happens in a consumer driven economy when people can no longer afford to consume? We will find out sooner than later.
Where is my trickle? I hated the phrase "trickle-down" the instant I heard it, back in the Reagan days. As if you helped the rich become much richer, maybe they would tip more? It was so stupid and insulting, it sounded nasty... I felt that it showed that they weren't really even TRYING to get people to buy in on this... more like "screw you, filthy peasants!".
I can’t even afford food on a monthly basis.
same. As 100% disabled vet. All my money goes to rent
🇺🇸 WE THE PEOPLE 🇺🇸 stand with Biden the best President ever 😎
It was that way in the 90's then I left the dream for good in 2000. Been here since 🇪🇸🇪🇺👍
Neo-liberal capitalism is the problem across party lines..
@@MaxAndersonn lmao!!😂
They need to build rural factories, incentivize remote office work and build starter homes, with yards and no HMOs. People weren't meant to live all squished together fighting for resources.
Bingo
Ya but the more people are spread out, the harder it is to distribute resources like food or medicine or energy… it is more efficient to distribute resources to people who live close to each other
@@attatawil People who live far from population centers learn to be self-reliant. Delivery trucks often have to travel through rural areas to get to the cities, as do rail lines that already exist.
I recall President Trump telling us how many empty factories were located throughout the country. It was thousands upon thousands of them. He talked about where they were located and what type of business they used to have there. He talked about what conditions they were in and what it would take to get them up and running again. He really knows what's available to us and I believe he wants to bring many of those factories back online. I can only imagine the differences it would make for our country if he were to make that happen. He can help our country if we give him a chance. He couldn't do any worse than what we've got now.
I've thought something like this too, why don't Millenial/ Gen Z work together to make exclusive starter homes, most likely smaller than the houses people could afford in the 40s-80s, but coming with land would be worth it. I think these two Generations can do a lot of good together, if they banded together that way.
What everyone misses on the job report... Less full time work, more part time work, and more people working several jobs.
That's what I was thinking, too. Even if you get a full time job, the hours are not always consistent enough. My last job I had a shift classified as full time but they kept cutting hours and full shifts. Sometimes an entire week or 2 except for one day. Just enough time to exempt the employee from seeking employment insurance or anything they could qualify for compensation. I stayed because I was harped to about longevity being somehow beneficial to future employers and something about company "loyalty" being important, and a fear that my skills were too niche to be relevant anywhere else. I left with no severance package, only 1 reference on the down-low, as there was a no reference policy (it was considered encouraging employees to quit, which was against their policies. Yeah, that company wanted employees to feel trapped there.) and more debt than I've ever had before.
The problem will not be solved. There is no way for the Politicians to make money off of it. If the Politicians could make money off of it you would see the streets clear out quick.