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TopicWhy is it so many people dont have any sort of savings
EternalDivide
08/18/19 3:20:39 PM
#60:


When rent is 75% of your income and bills take up nearly all the rest. It's pretty hard for most people to save anything.

The only real way to fix things would be massive government involvement.
A living wage, forcing business to hire people and at full time, no ridiculous job requirements for basic jobs anymore, no automation of the workforce. And national rent control. Rent should be half of what it is across the board.
But none of that will happen. Eventually all of this will hit the fan in a massive way that is going to decimate this country. I really don't know what the hell happens when that arrives. But yes, pretty soon we will have a cost of living far beyond what the majority of people can afford. Homelessness running rampant and multiple generations without income or ability to find work, only getting worse as they get older.
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