Mortdooley wrote on Jul 31
st, 2022 at 1:31am:
I can't speak for all people living "paycheck to paycheck" but I can speak for the few I know.
Well that's likely the start of your error; I'm speaking of approx. half the population, not "the people you know".
Quote:They make choices and have their whole lives. Others with the same opportunities have done well in life due to better choices.
Nonsense; blind Conservative mythology, in fact.
Most people do the best they can in life. Quote:That word "choices" is a big part of the problem. Our school system wastes a lot of hours warehousing children rather then teaching some important life skills. Real tests and exercises on how everyday financial decisions are made should be part of their preparation for adulthood. Every American should own their homes and have them paid for before they retire, they should be able to save something for their old age rather then spending every dollar as soon as they get their hands on it.
But all that requires an economic system which provides - at a minimum - above poverty employment for all. 1+1 = 2.
And as a matter of fact, the
current economic system based on consumption would crash into recession if people didn't spend their hard earned cash and instead saved up to buy a house...if they even had secure well paid work - which many don't.
We are all responsible for the choices we make in life, blaming "the Man" or "the System" is a copout!
The people I know seem relatively content with their lot in life, I leave it up to you to speak for the rest of half of the population.
I bought my first home at 23 as a single man with a five percent down payment. I knew what monthly payment I could afford and didn't buy more than that. With inflation and a slow increase in my hourly wage it became easier to pay for over time. The people that spend their money on hair extensions, fake finger nails and assorted "bread and circus" make those choices everyday. They live in the "here and now" with no thought for their future and when they grow old it is the system they blame.