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52% of Americans can't raise $400 in an emergency
Comments
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Sign of the times when the only way a lot of people can afford Seattle is to rent out spare bedrooms?salemcoog said:
Not if you go migrant style and rent out all the bedrooms and wall space to nail up a sleeping bag.GreenRiverGatorz said:
Way too many idiots making $30K a year thought they were prime candidates for a mortgage on a $400K house. Yeah, fuck the lenders and investment bankers who created the incentive to approve such a loan in the first place, but Jesus Christ, how hard is it to figure out that if you're spending 80% of your income on your mortgage, you're going to be insolvent in no time?PurpleJ said:
Exactly. But we (we?) can just blame Bush and Obama for not knowing how to manage our (our?) money for us. People forget that the everyday dumbfucks had just as much to do with the recession as wall street and the dumbfucks we elect to keep up the charade.doogsinparadise said:
Our? economy is structured towards mass consumption. If the poors aren't buying more than they can afford the economy will literally not grow, and the banks won't be able to justify their leverage.GreenRiverGatorz said:
So you're saying America doesn't have an over-consumption problem?allpurpleallgold said:
76% reported spending either less than their income or equal to their income. Of course you didn't read that because you didn't read the report. You just jumped to your own idiotic conclusions because that's what idiots do.GreenRiverGatorz said:
The economic illiteracy of Bernie supporters once again rears it's ugly head. Please tell us, what exactly is Bernie going to do to curb America's insatiable appetite for consumption?allpurpleallgold said:I can't wait for Hillary to continue Obamas policies!
FYI, spending anywhere close to equal to your income is spending way outside your means. -
grasshopper v ant
I got the grasshoppers in this one -
We haven't had economic literacy in America since Blowjob Bill was in office.GreenRiverGatorz said:
The economic illiteracy of Bernie supporters once again rears it's ugly head. Please tell us, what exactly is Bernie going to do to curb America's insatiable appetite for consumption?allpurpleallgold said:I can't wait for Hillary to continue Obamas policies!
That's not snark. It's a salutation.
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I'm hearing #setmyenergyprices doog weigh in is always enlightening.TurdBuffer said:
We haven't had economic literacy in America since Blowjob Bill was in office.GreenRiverGatorz said:
The economic illiteracy of Bernie supporters once again rears it's ugly head. Please tell us, what exactly is Bernie going to do to curb America's insatiable appetite for consumption?allpurpleallgold said:I can't wait for Hillary to continue Obamas policies!
That's not snark. It's a salutation.
Or not. as always, dont twist. -
J, can you explain why saving went up since 2009?PurpleJ said:
Maybe someone can explain how percentages work to Bill. It looks to me like the downturn in private savings matches up perfectly with the adult life of the Baby Boom generation. -
Obama wants Bernie to toss his saladsalemcoog said:
I can't wait for Bernie to make us wish for the relative salad Days of Obamas Presidency.allpurpleallgold said:I can't wait for Hillary to continue Obamas policies!
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@thechatch made all his money.2001400ex said:
J, can you explain why saving went up since 2009?PurpleJ said:
Maybe someone can explain how percentages work to Bill. It looks to me like the downturn in private savings matches up perfectly with the adult life of the Baby Boom generation.
