John

@RicosWay So the median household income in my town is around $85k which really means approx $65k after taxes for a family. $5500/mo. The median house in my town is $450k. With today's interest rates and taxes, insurance, it's about $4k a month. That's not a "budget" problem.

I have to get this off my chest. Even in this economy $100K a year is still $100K a year. That’s roughly $7k a month hitting your account. If you’re still struggling at that income level the problem isn’t the economy. It’s the decisions being made with the money after it lands. Budgeting. Investing. Cutting the unnecessary. The income isn’t the issue. The habits are. 💯

@otieno_tester @KR3Wmatic There was a time when the whole Earth was covered by Ocean

@KR3Wmatic Tell her why seas and oceans have never defied their boundaries and never overflow to land ,why sun has never went off,where do wind comes from and where it goes....

My atheist daughter asked me to prove God's existence. What do I tell her? She is 19.

@Farmer_Shane91 @GreenPlusAnE No the Old just want everything without paying for it. You just dump everything on everyone else. And you get away with it because you have owned the political class for 30-40 years.

@jacktonyd @GreenPlusAnE They don’t. They just feel that paying more for property taxes than they ever paid in mortgage is wrong.

If property taxes mean you don’t actually own your home, then income taxes mean you don’t actually own your own body (which does the labor). Which one’s worse?

@shagbark_hick Living at the edge upstate where I'm 30 minutes south and east of the "meth line", I agree. It is absolutely beautiful and has so much potential, especially in a remote work world. If not for the people.

Case in point here is Upstate NY. This place should be a paradise. It's superlatively gorgeous -- maybe the most beautiful place east of the Mississippi -- and fertile. The housing's cheap, there are OK jobs, soil's fine, life is easy. But people here are MISERABLE. Daily interactions involve leering, awkward staring, cold shoulders, nervous energy. Loner-hermit types avoid others; elderly are crotchedy and skittish. DinerGoth types are lurking, vaping, being gay, mumbling to themselves in the Stewart's parking lot. No one's stopping to chat, no one's your friend, everyone is kind of tense in public. Guys are shooting up on the street in Watertown, Utica, even Tupper Lake. Any cop will tell you WEIRD, dark stories about what goes on here. The Kulak class is overtaxed; the State Workers dream of Florida once the pension hits. Young guys are all planning to move to South Carolina, Texas. Local government is a good old boys club for the dumbest, most cynical drunkards in each county. The whole vibe is "soviet." Except in lib enclaves, where the vibe is "tense, judgemental, 'in this house we believe', paranoid about MAGA, cloistered." And so this place is cheap, low-rent, undesirable. Gentrifiers try to come but they don't stay here. This place resists any attempt to "reinvigorate" it. The dysgenic darkness hangs over every inch of it; no amount of bright-eyed yuppies can fix it. Albany can't fix it. It's all graft, corruption, awkward stammering parochial nutcases wandering the streets in between disability checks. The residents of so many places here are the genetic remnants of those who didn't have the gumption or the brains to go West when the time came, and it shows. Literally the best move we have is to pay people to LEAVE. If I was the governor I'd allocate massive amounts of money towards this. I'd straight-up pay people to clear out, get out of here, move along. I'd pay their moving expenses, send them to Florida or whatever. And we'd flourish.

@unusual_whales You can make it easier by eliminating payroll taxes for younger workers instead of it going to the Boomer class. That's 75% of the 20% he says you need.

Kevin O'Leary says you can become a millionaire on $69,000 a year. “Take 20% of your salary of $69,000 and put it into the market each week and don't touch it”

@dawgblitz @Robkearney1981 @Pontifex "Saving" which was really benefiting from inflationary policies and then taking 15% of our income in the form of payroll taxes.

This is a stupid take. What you call hoarding wealth is called saving which is what a prudent person should. Yes , that wealth should be passed down at death to their heirs as has happened to forever. Freeloaders are always begging government to steal the wealth and distribute it for people who do nothing. Communist bitches.

Hundreds of millions of people throughout the world are immersed in extreme poverty. Yet, disproportionate wealth remains in the hands of a few. It is an unjust scenario, in the face of which we cannot fail to question ourselves and commit to change things. There is no lack of resources at the root of disparities, but the need to address solvable problems related to a more equitable distribution of wealth, to be achieved with moral sense and honesty.

@XJR_0980 @zerohedge It might be more the rampant corruption in Trump's and prior administrations.

@zerohedge It will become the norm for presidents to issue pardons to all admin officials, and family. The lawfare against Trump guaranteed it.

*TRUMP HAS PROMISED PARDONS TO TOP ADMIN OFFICIALS: WSJ *TRUMP TO ISSUE PARDONS BEFORE LEAVING OFFICE: WSJ

@TurbineRider @RepDavid Look up what social security is this weekend and how it works, then get back to me. You're making my case for privatization which is great. Go tell your friends to call their Congressmen for my generation!

@jacktonyd @RepDavid After 30 years of saving 12% (40 Years SP Average) of a $50,000 salary at a 12% interest rate, you would have approximately $1,600,000 At 6% - $ 475,000 In my case, @ 6% it would be about $875,000 2% is a joke

104%. That is what a child born today needs in lifetime earnings just to pay federal pension promises. In less than 6.5 years, the Social Security trust fund is empty and the Medicare trust fund is empty. That is how you make our kids poorer and double poverty of seniors.

@TurbineRider @RepDavid They weren't "contributions", they were taxes. And the average beneficiary will get much more in benefits than taxes paid. And before you respond that it doesn't account for inflation, look up what "real interest rate" is. Medicare is even worse.

@jacktonyd @RepDavid They should get more than their taxes withheld. The government should have been compounding interest for all years. Even modest wages for 30 to 40 years of contributions is far more than anyone gets in benefits. Where's my dads, moms, grandparents etc millions?

@RoKhanna Name the most regulated industries in America and then name the ones with the most price inflation.

The U.S. spends far more on healthcare than other rich countries. $15,000 per person (almost double), 18% of GDP (nearly twice as high), and healthcare inflation is 7% (roughly double others). Yet outcomes are worse. Life expectancy is lower, infant & maternal mortality higher, and chronic disease like diabetes and heart disease higher. Canada with single payer has far lower costs than the US, and even than Germany & Switzerland, and provides better, universal coverage. Most important, in an AI world, people's healthcare must not be dependent on their job. Every doctor should be in network. Medicare for All is needed for our time. It is a moral and economic imperative.

@rmwTex @RepDavid The rich and old benefit off the backs of the poorer, younger worker. It would be "Marxism" if I said the younger are entitled to the richer person's wealth, which I am not. I'm just asking the rich and old stop taking from the poor's pocket (hardly Marxism, in your words).

@jacktonyd @RepDavid when you START your deranged posts with idiocy about 'millionaires', everybody knows to ignore the rest. this is FICA, clown; *everybody* pays into it and its a demographic issue, NOTHING to do with asinine marxist class bull💩. DEMO-RATS (you know, the MARXISTS) STOLE THE MONEY.

@KevinOSheaLVNJ @RepDavid You don't "pay in" to anything. You pay taxes. People have been brainwashed into believing they "pay in".

@jacktonyd @RepDavid The system was designed for younger workers to pay benfits of retirees. “Boomer” millionaires are entitled to benefits since they paid in. I’m Gen X, & paying SS up to the limit for years. Have more than comfortable $ saved, but I also plan to take my SS benefit, I paid for it.

@TurbineRider @RepDavid The average retiree will get much more than they paid in taxes. The supreme court has ruled that social security is a tax, not an account, insurance program or annuity. People dying before they are eligible is actually one of the better arguments for privatization as well.

@jacktonyd @RepDavid Boomers aren't getting but maybe 40% of their contributions. Most die before then. Stop the fraud and Ssdi fraud. Ssdi is abused to no end.

@MKell79 @RepDavid I see this "fraud" claim all the time and it's lazy. There is some SS fraud, but it's likely immaterial and doesn't make the actual program itself moral or economically sound.

@jacktonyd @RepDavid Definitely not because of massive fraud. Who will you blame once all the boomers are dead?

@NWOutlier @RepDavid Millionaire Boomers are being subsidized, I didn't say all Boomers are millionaires. Very different. But maybe they should be good Boomers and help out each other instead of stealing 15% of a 25 year old kid's paycheck.

@jacktonyd @RepDavid The average (mean) net worth per Boomer is often cited around $1–1.6 million, but the median is far lower, typically $300k–$410k depending on the exact age subgroup (e.g., ~$364k for 55–64, ~$410k for 65–74).

@Lanarkian_Bob @profstonge "Contributions?" You mean, "Taxes". No thanks, I love when I get the cap in August I keep a little more of my paycheck instead of it going to Boomer thieves.

The simple solution is to eliminate the cap on contributions ( currently on income above $184500 I believe) and stop disbursement to the top 3% ( earners over $400,000). That extends the program viability to 2090 or beyond. It also will be far more cost effective than cleaning up the mess that the 25% cut will create.

The long-threatened bankruptcy of Social Security is closing in, with just 6 years until benefits automatically cut by 25%. That's a monthly cut of $900 for a typical American couple. Here's how they built Social Security to fail.

@APompliano Need more debt slaves for the government entitlement machine to keep the Boomers going!

The US fertility rate has hit an all-time low. This is going to be disastrous. Do your part and have more babies!

@rrbelloff @RepDavid No, I won't.

@jacktonyd @RepDavid