"The American Dream Was Replaced By Debt" - America’s ALARMING Paycheck-To-Paycheck Crisis EXPOSED

Tom thinks the US is in this position just because of Biden alone he lost his mind

So cutting out Disney plus is going to allow people to afford a $40k down payment on a house?

Paychecks falling behind since 2000. That’s basically my whole working career.

Rich people like PBD and Tom don't have to change their mindset or perspective to accept less in their lives right? Y'all are a joke

Americans can totally pull back on their spending, but let’s not lie here and believe that these huge corporations are not squeezing every last cent out of the consumer. We went from a flat fee every month for cable to now basically going back to different “channels” offering a selection of licensed goods. When that license changes every few quarters it doesn’t help. This same practice applies everywhere.

I went to work yesterday and they let go of half the work force like nothing

These people are so out of touch with reality

Our company used to have quarterly meetings when it was a publicly held company, still in control by the founder. During one of those meetings, the CEO (at the time), showed a graph that showed the amount of money people were spending vs saving. His focus was on "grabbing" the income that people were putting into their savings. In other words, they felt that people's savings were lost opportunities for profits. I'll never forget that. This was back around 2008 time period.

Top 10% of americans own 88% of stocks. Thats even according to scott besset. This system is failing and its going to be bad for everyone.

I’ve lived in the US for the past two years, and from an outsider’s perspective, debt plays a major role in why so many things feel unaffordable. A lot of businesses price their products based on what the average person can handle in monthly payments rather than the actual cash value. This makes it harder for cash buyers and pushes prices up across the board. That’s why second-hand car prices are so high, and the housing market feels inflated as well. With homes, sellers and developers often look at what the target buyer can afford over 30 years and set prices around those monthly mortgage calculations. I might be wrong about some of this, but it’s hard to understand how a house ends up costing $450K when the land it sits on might only be worth $50–70K.