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How come most Americans are poor?

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Willoughbyva

Diamond Member
Sep 26, 2001
3,267
0
0
I am working poor. I don't have much in the way of things. I drive a 14 year old car. Have lived in the same house all my life. I do treat myself to basic fast food on occasion, like Burgerking, McDonalds, and occasionally Dennys. I have a somewhat decent life. A lot better than I used to have it as far as finances go. Would I like to have more? Yes I would, but I am working a job that has fairly low stress. I need low stress because of health concerns.

Perry
 

TanisHalfElven

Diamond Member
Jun 29, 2001
3,512
0
76
Originally posted by: ShotgunSteven
Most Americans are "poor" because they insist on living beyond their means. They want instant gratification when it comes to expensive purchases. Buy now, pay later with interest!

tell that to that homeless ppl living near my college.
 

Chaotic42

Lifer
Jun 15, 2001
34,822
2,001
126
Originally posted by: tanishalfelven
Originally posted by: ShotgunSteven
Most Americans are "poor" because they insist on living beyond their means. They want instant gratification when it comes to expensive purchases. Buy now, pay later with interest!

tell that to that homeless ppl living near my college.

Not to speak for Shotgun here, but I believe that's why he used the word *most*.
 

Strk

Lifer
Nov 23, 2003
10,197
4
76
Originally posted by: DrPizza
Originally posted by: JS80
Originally posted by: senseamp
Bottom line is Americans are selfish. Just read some of these medical system threads in P&N. Typical response is. I like my insurance, I don't care if 40 million have none.
And when they aren't selfish, they actually are more worried about billionaires paying too much taxes than they are about the poor going without proper healthcare.

People throughout history have survived well without health insurance, why all of a sudden do you think it's some kind of fvcking "right" to have it?

Don't you think a majority of the 40 million CHOOSE not to get health insurance because they'd rather buy something else with the money than just waste it on insurance? Don't you think the 260 million that DO have insurance only have it because it's a company "benefit" but would rather keep the money out of pocket?

Government health insurance is simply taxing someone and forcing them to use shoddy government healthcare.

See, that's where your opinion is flawed. See the post I made (somewhere around the 80th post.) The U.S.'s health care system is FAR from the best in the world. The only thing we're good at is response time. See the WHO research yourself. It's NOT shoddy healthcare in the countries that have universal healthcare. Sure, their systems have flaws, but you apparently have rose colored goggles on when viewing the US system.

Most developed countries are quite high when it comes to response time. However, when comparing overall medical care, it varies. Unfortunately, it's hard to rank. The one thing we typically win though would be having and using certain types of specialty equipment (MRIs probably being one of the major ones). I believe France tends to do quite well overall, while England typically fails miserably. We tend to be somewhere in the middle, I believe.
 

jagec

Lifer
Apr 30, 2004
24,442
6
81
Originally posted by: tanishalfelven
Originally posted by: ShotgunSteven
Most Americans are "poor" because they insist on living beyond their means. They want instant gratification when it comes to expensive purchases. Buy now, pay later with interest!

tell that to that homeless ppl living near my college.

You can make GOOD money as a homeless person in the US.
 

Atheus

Diamond Member
Jun 7, 2005
7,313
2
0
Originally posted by: JS80
immigrants that come here with NOTHING can shoot to the middle class within 5 years and become millionaires in 10-15 years. IN WHAT OTHER COUNTRY CAN YOU DO THAT?

ahem, errrr... ANY OTHER WESTERN COUNTRY!

Hell, can people even emigrate to YOUR COUNTRY?

YES!
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,402
8,574
126
Originally posted by: malG
Here's another example of Australian government generosity which is unheard of in America; we get $4k for each newborn and get a sizeable allowance to take care of the child till they're 16!

we pay women to have children in the US too. it's a horrible practice.
 

voodoodrul

Senior member
Jul 29, 2005
521
1
81
You just show me where to sign up to get me out of here. Born and raised in Montana, I have no intention of living in the US any longer than I have to. The guise of "freedom" makes me sick. You aren't free. You live, work, and die for a war machine and general social indifference.

Travel the world and gain some perspective.. The US is a playground for a few of the world's elite.. But unless you are already in the elite circle, you might as well get out.

I plan to move to Ireland, Norway, Sweden, or Australia, in that order.

It's just time to quit with this thin coating of "land of the free" bullshit I hear. Asshats with American flags waving out their windows.. People talking about everyone who died for your freedom. Let me set something straight.. Those people who died for my freedom died only for the political whim of a given leader. Do you think anyone fighting in Vietnam, Korea, or Iraq, fearlessly stopped someone from taking my freedoms? No. And I'm sure they would have something to say about that.. The only one taking my freedoms is my government. Just name one of the recent wars where a dictator was ready and able to take away my freedoms and we fought for it and saved it. I dare you.. All we do is fight for washy political gains and plaster it on a t-shirt..

Screw this whole twisted system of selfishness in America. It's all about how much *I* can get. Yet in that same shortsightedness, you shoot your own foot. Instead of getting something back from your taxes, like providing for the general welfare, you feel happy under the guise that good ol' GW is fighting the bad guys for your freedom. Let me issue you a wake-up call. All those bad guys you are afraid of? That's called fear. And it's an irrational fear. Give it up.

The health of a society depends on the overall health of the people. You might take issue with the freeloaders, but you pay for it in the end when those freeloaders you held support from produce stressed out psycho children that shoot up a school.. Life is hard.. And sometimes you have some people freeloading off the system. Deal with it.

You have to take care of your people. We have socialism in our schools. We all agree education is important.. Why isn't health?
 

iamwiz82

Lifer
Jan 10, 2001
30,772
13
81
Originally posted by: voodoodrul
You just show me where to sign up to get me out of here. Born and raised in Montana, I have no intention of living in the US any longer than I have to. The guise of "freedom" makes me sick. You aren't free. You live, work, and die for a war machine and general social indifference.

Travel the world and gain some perspective.. The US is a playground for a few of the world's elite.. But unless you are already in the elite circle, you might as well get out.

I plan to move to Ireland, Norway, Sweden, or Australia, in that order.

It's just time to quit with this thin coating of "land of the free" bullshit I hear. Asshats with American flags waving out their windows.. People talking about everyone who died for your freedom. Let me set something straight.. Those people who died for my freedom died only for the political whim of a given leader. Do you think anyone fighting in Vietnam, Korea, or Iraq, fearlessly stopped someone from taking my freedoms? No. And I'm sure they would have something to say about that.. The only one taking my freedoms is my government. Just name one of the recent wars where a dictator was ready and able to take away my freedoms and we fought for it and saved it. I dare you.. All we do is fight for washy political gains and plaster it on a t-shirt..

Screw this whole twisted system of selfishness in America. It's all about how much *I* can get. Yet in that same shortsightedness, you shoot your own foot. Instead of getting something back from your taxes, like providing for the general welfare, you feel happy under the guise that good ol' GW is fighting the bad guys for your freedom. Let me issue you a wake-up call. All those bad guys you are afraid of? That's called fear. And it's an irrational fear. Give it up.

The health of a society depends on the overall health of the people. You might take issue with the freeloaders, but you pay for it in the end when those freeloaders you held support from produce stressed out psycho children that shoot up a school.. Life is hard.. And sometimes you have some people freeloading off the system. Deal with it.

You have to take care of your people. We have socialism in our schools. We all agree education is important.. Why isn't health?

You sound like an angry teenager who just learned what socialism is in History class.
 

fleshconsumed

Diamond Member
Feb 21, 2002
6,486
2,363
136
Originally posted by: JS80
are you kidding me? immigrants that come here with NOTHING can shoot to the middle class within 5 years and become millionaires in 10-15 years. IN WHAT OTHER COUNTRY CAN YOU DO THAT?

Hell, can people even emigrate to YOUR COUNTRY?

You, sir, have a serious case of delusion. In order to become millionaire (as in 1mil or more) over the course of 15-20 years they would have to save at least $50,000 annually. How many white american people with college degrees do you know that have that rate of savings?
 

iamwiz82

Lifer
Jan 10, 2001
30,772
13
81
Originally posted by: fleshconsumed
Originally posted by: JS80
are you kidding me? immigrants that come here with NOTHING can shoot to the middle class within 5 years and become millionaires in 10-15 years. IN WHAT OTHER COUNTRY CAN YOU DO THAT?

Hell, can people even emigrate to YOUR COUNTRY?

You, sir, have a serious case of delusion. In order to become millionaire (as in 1mil or more) over the course of 15-20 years they would have to save at least $50,000 annually. How many white american people with college degrees do you know that have that rate of savings?

Another genius. Interest, it's an amazing thing.
 

Chaotic42

Lifer
Jun 15, 2001
34,822
2,001
126
Originally posted by: voodoodrul
You just show me where to sign up to get me out of here. Born and raised in Montana, I have no intention of living in the US any longer than I have to. The guise of "freedom" makes me sick. You aren't free. You live, work, and die for a war machine and general social indifference.

Travel the world and gain some perspective.. The US is a playground for a few of the world's elite.. But unless you are already in the elite circle, you might as well get out.

I plan to move to Ireland, Norway, Sweden, or Australia, in that order.

Here
Be sure to let the door hit your ass on the way out.

 

aswedc

Diamond Member
Oct 25, 2000
3,543
0
76
Note: I've only read the past three pages of this thread.

(non disabled) Americans are poor for one of three reasons. All are easily overcome.

1) Had a kid
2) Laziness
3) Wanting to follow their dreams

Basically, anyone can put themselves through college in four years without ANY sort of money coming in. The support system is there. Low interest government loans, cheap community colleges, hell, even if you don't want to work while you go to college there are for profit schools out there that will bend all sorts of credit standards for anyone and everyone who wants to sign up. After you graduate from college in an in demand field, bingo, 45k, you're not poor anymore!

Now, the reasons why people are poor.

One, had a kid. Without being able to support it and now has no time for college. Um, maybe you shouldn't have had a kid?

Two, Laziness . No explaining this one. Doesn't want to work and go to college.

Three, want to follow their dreams. If you want to go to LA and try to be an actor, go for it, but don't complain that you're not successful and don't have any money. If you don't want to be poor, maybe you're gonna have to work in a profession you don't like.
 

voodoodrul

Senior member
Jul 29, 2005
521
1
81
Originally posted by: iamwiz82
Originally posted by: voodoodrul
You just show me where to sign up to get me out of here. Born and raised in Montana, I have no intention of living in the US any longer than I have to. The guise of "freedom" makes me sick. You aren't free. You live, work, and die for a war machine and general social indifference.

Travel the world and gain some perspective.. The US is a playground for a few of the world's elite.. But unless you are already in the elite circle, you might as well get out.

I plan to move to Ireland, Norway, Sweden, or Australia, in that order.

It's just time to quit with this thin coating of "land of the free" bullshit I hear. Asshats with American flags waving out their windows.. People talking about everyone who died for your freedom. Let me set something straight.. Those people who died for my freedom died only for the political whim of a given leader. Do you think anyone fighting in Vietnam, Korea, or Iraq, fearlessly stopped someone from taking my freedoms? No. And I'm sure they would have something to say about that.. The only one taking my freedoms is my government. Just name one of the recent wars where a dictator was ready and able to take away my freedoms and we fought for it and saved it. I dare you.. All we do is fight for washy political gains and plaster it on a t-shirt..

Screw this whole twisted system of selfishness in America. It's all about how much *I* can get. Yet in that same shortsightedness, you shoot your own foot. Instead of getting something back from your taxes, like providing for the general welfare, you feel happy under the guise that good ol' GW is fighting the bad guys for your freedom. Let me issue you a wake-up call. All those bad guys you are afraid of? That's called fear. And it's an irrational fear. Give it up.

The health of a society depends on the overall health of the people. You might take issue with the freeloaders, but you pay for it in the end when those freeloaders you held support from produce stressed out psycho children that shoot up a school.. Life is hard.. And sometimes you have some people freeloading off the system. Deal with it.

You have to take care of your people. We have socialism in our schools. We all agree education is important.. Why isn't health?

You sound like an angry teenager who just learned what socialism is in History class.

I am angry about the system. I'm 25 by the way. And I've been angry with it for many years now. I am a socialist in a lot of ways because, yes, I do actually care about other people. It's not all about what I can take.

The distribution of wealth in the US should be of great concern. The rich are becoming far too rich and the poor are stuck in a cycle they can't get out of. Try being in their shoes.

I'm not poor. I'm not rich. I do know that having no health coverage and no reasonable way to attain it means trouble for me. I work at the only stable software company for hundreds of miles. I make crap for a salary, but I get by. I know where every penny goes. I have been looking for a better job for over 8 years with no real prospects. I can't find anything that pays over $15.hr.. and most of those jobs require a master's degree. I am not kidding on that point.

So I will never own a house, never save for retirement, never get ahead. Want to know what happens if I get sick? Well, since I work my ass off and still can't pay for it, either society pays for it, or I die. Fine, piss on me and say you don't care, but the point is, you pay for it through inflated insurance rates. The cycle continues until nobody can afford insurance. Who steps in then? The government.

Remember this, because this cycle is coming to your neighborhood too. The American Dream is certainly dead here..

Check out this from Wikipedia:

The median income for a household in the city was $30,366, and the median income for a family was $42,103. Males had a median income of $30,686 versus $21,559 for females. The per capita income for the city was $17,166. About 11.7% of families and 19.7% of the population were below the poverty line, including 20.5% of those under age 18 and 9.3% of those age 65 or over. 38% of Missoula residents age 25 and older have a bachelor's or advanced college degree.

Average house prices are in the $280,000 range. That's for a cute littler fixer. Sorry, I can't afford $2000/mo. That's more than my net check.

Insurance? Well, for my employer's coverage, there is a $3,000 deductible, $6,000 family, and a premium of over $720/mo for a family. No kidding.. So you can guess I don't have the insurance.

So whatever.. When can I move?


 

fleshconsumed

Diamond Member
Feb 21, 2002
6,486
2,363
136
Originally posted by: iamwiz82
Originally posted by: fleshconsumed
Originally posted by: JS80
are you kidding me? immigrants that come here with NOTHING can shoot to the middle class within 5 years and become millionaires in 10-15 years. IN WHAT OTHER COUNTRY CAN YOU DO THAT?

Hell, can people even emigrate to YOUR COUNTRY?

You, sir, have a serious case of delusion. In order to become millionaire (as in 1mil or more) over the course of 15-20 years they would have to save at least $50,000 annually. How many white american people with college degrees do you know that have that rate of savings?

Another genius. Interest, it's an amazing thing.

Even with interest, that figure is far too unrealistic. A quick google to financial calculators shows that with 5% interest rate one would still need to save $30,000 yearly in order to become millionaire in 20 years. Take into account that basic cost of living in the US (just paying for rent/utilities) is 10K-15K and that 30K are after taxes one would need to make 60K+ in order to have that kind of savings.

Show me immigrants without college degrees that have nothing that have that kind of salary please.

Not to mention that I don't think you know much about barrier entry. It's hard coming into a country when you don't know the language too well and when nobody wants to employ you when you are some foreign stranger and don't have any kind of work experience in the US.

It is simply unrealistic to expect that "nobody" would come into this country and become a millionaire in 20 years.
 

Legend

Platinum Member
Apr 21, 2005
2,254
1
0
Originally posted by: fleshconsumed
Originally posted by: JS80
are you kidding me? immigrants that come here with NOTHING can shoot to the middle class within 5 years and become millionaires in 10-15 years. IN WHAT OTHER COUNTRY CAN YOU DO THAT?

Hell, can people even emigrate to YOUR COUNTRY?

You, sir, have a serious case of delusion. In order to become millionaire (as in 1mil or more) over the course of 15-20 years they would have to save at least $50,000 annually. How many white american people with college degrees do you know that have that rate of savings?

"Compound interest is the most powerful force in the universe."
--Einstein.

Any fool can dump money into the S&P500 and make 12%.

You can be a bit more clever and selective and get much higher returns. Fortune made it hella easy:

http://money.cnn.com/2007/01/17/magazines/fortune/bestcompanies_performance/
 

Legend

Platinum Member
Apr 21, 2005
2,254
1
0
Originally posted by: fleshconsumed
Originally posted by: iamwiz82
Originally posted by: fleshconsumed
Originally posted by: JS80
are you kidding me? immigrants that come here with NOTHING can shoot to the middle class within 5 years and become millionaires in 10-15 years. IN WHAT OTHER COUNTRY CAN YOU DO THAT?

Hell, can people even emigrate to YOUR COUNTRY?

You, sir, have a serious case of delusion. In order to become millionaire (as in 1mil or more) over the course of 15-20 years they would have to save at least $50,000 annually. How many white american people with college degrees do you know that have that rate of savings?

Another genius. Interest, it's an amazing thing.

Even with interest, that figure is far too unrealistic. A quick google to financial calculators shows that with 5% interest rate one would still need to save $30,000 yearly in order to become millionaire in 20 years. Take into account that basic cost of living in the US (just paying for rent/utilities) is 10K-15K and that 30K are after taxes one would need to make 60K+ in order to have that kind of savings.

Show me immigrants without college degrees that have nothing that have that kind of salary please.

Not to mention that I don't think you know much about barrier entry. It's hard coming into a country when you don't know the language too well and when nobody wants to employ you when you are some foreign stranger and don't have any kind of work experience in the US.

It is simply unrealistic to expect that "nobody" would come into this country and become a millionaire in 20 years.

5%? Why the hell are we buying bonds and money market nonsense?

For your own sake, google the Modern Portfolio Theory and read some investment books. Your future self will thank you.
 

Mill

Lifer
Oct 10, 1999
28,558
3
81
No one in the US lives in true poverty. Our definition of poverty is extremely skewed. That being said, anyone that lives in it by our definition typically has their own self to blame.

Notable exceptions:

Children (that they are a child, not that they had one)
Mental Illness
Physical Handicap/Illness

For everyone else there is zero reason they should be doing bad in life.
 

mercanucaribe

Banned
Oct 20, 2004
9,763
1
0
Originally posted by: Mill
No one in the US lives in true poverty. Our definition of poverty is extremely skewed. That being said, anyone that lives in it by our definition typically has their own self to blame.

Notable exceptions:

Children (that they are a child, not that they had one)
Mental Illness
Physical Handicap/Illness

For everyone else there is zero reason they should be doing bad in life.

We need people doing menial jobs... so what you are saying makes no sense. It's impossible for everyone to be middle class.
 

sao123

Lifer
May 27, 2002
12,653
205
106
Originally posted by: ShotgunSteven
Most Americans are "poor" because they insist on living beyond their means. They want instant gratification when it comes to expensive purchases. Buy now, pay later with interest!


I believe his question is actually more like, why dont more americans make enough to have a more extravagent lifestyle...


That my friend is because the buying power of the dollar has been weakening excessivly.

The same dollar today buy far less than it did a generation ago.
 

Ronstang

Lifer
Jul 8, 2000
12,493
18
81
Originally posted by: sao123
Originally posted by: ShotgunSteven
Most Americans are "poor" because they insist on living beyond their means. They want instant gratification when it comes to expensive purchases. Buy now, pay later with interest!


I believe his question is actually more like, why dont more americans make enough to have a more extravagent lifestyle...


That my friend is because the buying power of the dollar has been weakening excessivly.

The same dollar today buy far less than it did a generation ago.

Not really....a generation ago a 19" color TV was $500. It is all relative.
 

Special K

Diamond Member
Jun 18, 2000
7,098
0
76
Originally posted by: Ronstang
Originally posted by: sao123
Originally posted by: ShotgunSteven
Most Americans are "poor" because they insist on living beyond their means. They want instant gratification when it comes to expensive purchases. Buy now, pay later with interest!


I believe his question is actually more like, why dont more americans make enough to have a more extravagent lifestyle...


That my friend is because the buying power of the dollar has been weakening excessivly.

The same dollar today buy far less than it did a generation ago.

Not really....a generation ago a 19" color TV was $500. It is all relative.

Yeah, I remember my parents paid ~$1700 for our first computer, a no-frills P133, back in 1996. You can get much more for your money (in terms of what's considered current) for half that price now.
 

SirStev0

Lifer
Nov 13, 2003
10,449
6
81
Originally posted by: Queasy
BTW, poor compared to what? Even poor Americans enjoy a standard of living much higher than the rest of the world...including Europe.

um?