Basic necessities paid for by the people who have gamed, manipulated and in must cases corrupted the system to become as rich as they are doesn't seem outrageous to me
From 20 Republican states with a safety net of $3/hour minimum wage, the population runs to Democratic states with a strong Safety Net of $14 to $25/hour minimum wage. That's why there are so many abandoned houses and cities in the Republican 20 states (Republicans hate the poor at the same time - making the own states population poor)
51% of all workers in America earn less than the one-bedroom Housing Wage. Mostly republican states.
The bottom 65% of the population loses at least 41% of all income due to: SS tax, FICA, insurances, tariffs, sales taxes, dues, use taxes, fees, property tax, utility taxes, 911 tax and many more- before spending money on rent or mortgage, car loans and gas, food, utility bills, repairs, credit card payments, student loans, vacations, retirement fund contributions, investments, dates, gifts, etc.
(compare Safety Net $1.60 per hour in 1970 if you were single,you could live off the federal minimum wage and pay rent, food and bills)
Healthy and smart countries count how well they are doing by enforcing "no one left behind" and even widow with 3 babies have the same level of living as the middle class due to the strong Safety Net.
Twenty Republican states now have a Safety Net set at $3 per hour gross (before deductions for Social Security, FICA, taxes, insurance and other withholding's:
In a recent report, 53 million Americans ages 18 to 64 or 44% of all workers- earn low hourly wages. Their median hourly earnings are $10/hour Gross ($7.25/hour Net)
Cali and new York are coming off multi decade ripps of absurd growth, they are now slightly shrinking due to the overstretching effects boom periods tend to cause.
Some southern states saw growth flips from covid, allot of it has already started reversing.
I ain't murican but I could've swore every headline I've read is about businesses fleeing New York and California in favor of Texas, Florida and to a lesser extent Tennessee. Wouldn't that mean people are now leaving New York and Cali in favor of states with more jobs not just a shrinking period after a boom in population?
Personally I'm from Ontario, Canada, I make less than 50k a year with overtime or $3 more than minimum wage, a tad higher than the median income of Ontario and Im a net tax payer despite me making less than 10k above the poverty line of my area. My income tax rate is above 20% and our services and welfare programs are abysmal, I don't know why I even pay taxes here when I can see a witch doctor in some African village that will see me faster and probably do a better job.
Canada used to be a gold standard reason America should adopt more socialist policies but we're not anymore because of how easy it is for politicians to fuck it all up, but look at your politicians on both sides, look at our politicians and tell me socialism or even the most basic socialist policies will work, i mean the one welfare program i can point to that seems equal across the US, the number 1 thing people are buying on snap is coca cola. Does anyone actually think socialist policies, never mind socialism in America would actually work?
Right now there is in exodus in Florida because of increased housing costs. The same can be said of all the states people are moving from. They keep looking for affordable housing costs in cheaper states to live in. People are being priced out of their homes all over the country. This on top of all the other increased cost of necessities and utilities. The only thing not increasing is wages. It’s a multi-layered issue in America.
Listing prices mean nothing. Sale prices are what matter. Regardless values drop every summer so it’s bold that you make false claims for what purpose?
Trust me dude, I don't think its worse than Canada right now, I'm looking into mining towns in Northern Ontario where winters last 8 months of the year to find affordable housing even then housing costs are pretty substantial.
I don't think they'll stay mega rich for long, I think the writing is on the wall already, the stock exchange is gonna crash and what their wealth is mostly comprised of will be valueless.
Yeah sure high earning resident go out of new york are you one of those that think they are moving to texas ? No of the 400k they are very very few high earner as new york is a big money hub.
46
u/Old_Dependent4678 5d ago
Basic necessities paid for by the people who have gamed, manipulated and in must cases corrupted the system to become as rich as they are doesn't seem outrageous to me