Why America Is Running Out Of Money
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Top Comments (10)
I'm an Asian American who came to US to study and immigrated. This video left out the root cause of the problem: American people's, in general, terrible personal finance habits. We Asian Americans are saving/investing 20-40% while horrified by how most non-asian Americans spend, borrow, and don't save. Half of the people want to pay less tax, half of the people want more free handouts. The majority, with their terrible spending habits, then elect politicians who promise to spend like they do, and then the government spends just as irresponsibly as the people. The problem isn't the country, this is why the American Dream is still true for us Asian Americans. The problem is that most Americans have been a rich country for so long that people have shed their personal responsibility and put it on the government, expecting to be able to spend irresponsibly, have the government save them except only electing politicians who either cut taxes or increase benefits.
Yeah, with 35 trillion in debt, America isn’t headed for a good place.
Keep in mind that budgets in the US rarely go backwards... Govt always gets fatter
Everybody talks about raising taxes, cutting the budget, and not borrowing... yet no one talks about how the city is actually USING the money. Wasting money on inflated salaries, overpaying for construction projects, mismanagement/corruption...
Dave Ramjikh: You’re spending like you’re in Congress! Caller: I am Congress
Things need to slow down. You can’t just keep going faster and faster and expect stuff to not become devalued. Like does anyone take their time anymore. Why is so much of pop culture in a flipping rush?
You are brilliant, Andrei! Love your channel not only for the magic and financial information but for the laughs! Other channels provide solid financial info, but none have the comedy woven in like this one.
its over even here in canada
The potholes here in Colorado are outrageous. Denver is worse than I've ever seen it, constantly dodging a flat tire while jammed in bumper to bumper traffic. I visited the springs recently and it's even worse. The roads might as well just be dirt.
That intro was 🔥🤣
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Top Comments (10)
I'm an Asian American who came to US to study and immigrated. This video left out the root cause of the problem: American people's, in general, terrible personal finance habits. We Asian Americans are saving/investing 20-40% while horrified by how most non-asian Americans spend, borrow, and don't save. Half of the people want to pay less tax, half of the people want more free handouts. The majority, with their terrible spending habits, then elect politicians who promise to spend like they do, and then the government spends just as irresponsibly as the people. The problem isn't the country, this is why the American Dream is still true for us Asian Americans. The problem is that most Americans have been a rich country for so long that people have shed their personal responsibility and put it on the government, expecting to be able to spend irresponsibly, have the government save them except only electing politicians who either cut taxes or increase benefits.
Yeah, with 35 trillion in debt, America isn’t headed for a good place.
Keep in mind that budgets in the US rarely go backwards... Govt always gets fatter
Everybody talks about raising taxes, cutting the budget, and not borrowing... yet no one talks about how the city is actually USING the money. Wasting money on inflated salaries, overpaying for construction projects, mismanagement/corruption...
Dave Ramjikh: You’re spending like you’re in Congress! Caller: I am Congress
Things need to slow down. You can’t just keep going faster and faster and expect stuff to not become devalued. Like does anyone take their time anymore. Why is so much of pop culture in a flipping rush?
You are brilliant, Andrei! Love your channel not only for the magic and financial information but for the laughs! Other channels provide solid financial info, but none have the comedy woven in like this one.
its over even here in canada
The potholes here in Colorado are outrageous. Denver is worse than I've ever seen it, constantly dodging a flat tire while jammed in bumper to bumper traffic. I visited the springs recently and it's even worse. The roads might as well just be dirt.
That intro was 🔥🤣