“Middle Class Americans Have Too Much Money Saved, We Need To Take Away Jobs Improve The Labor Market”
- Thread starter WSFGDan
- Start date
Who do you know that has a savings account? Most people just keep their money in checking account and he’s talking about the middle class not the majority of people I thinkBut they’ve been saying half of the US has less than $1000 in their savings.
SheWantTheD
Veteran
They don’t care about you
But they’ve been saying half of the US has less than $1000 in their savings.
You need to make 400k a year to be middle class in America, he's not talking about working poor people which is the majority of America, yet people wanna front like that's not the case
ORDER_66
I dont care anymore 2026
shyt is not making any sense to me you want americans to be prosperous and make money, but then mad they made too much and are just saving it for a rainy day????and the solution is to create chaos for the economy by getting 1.3 million people fired???
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When the elite get this arrogant it's time to roll out the guillotines
Joe Budden
Banned
The white man is the closest thing to the biblical devil.
He put his foot in his mouth. That phrase coudve been explained better, with a bit less disdain for the avg worker.
I mean just look at Turkey's economy. They've effectively done what your advocating and their currency is approaching toiletpaper status relative to the cost of living of average Turks. Their president refuses to raise rates because of fears of the populous misconstruing monetary policy. and this decision has decimated their economy.
And arguably its bussiness being targeted rather than individuals. Effectively making it less favorable for them to keep pumping money into their supply chains and human capital. Imagine the alternative of individuals being targeted by a govt that forces them to drop their own demand, going hungry cause they forced to buy less food, or less gas, or less homes by mandated quota. This demand will have to drop somehow, and the Fed's method is the most reasonable way to do it.
Tbf, the alternative would be hyper inflation and an economic depression, spawned by everyone being hired and being paid continuously depreciating paychecks. Would you rather have 1.3million suffer jobcuts or have 300million suffer a depression?
and the solution is to create chaos for the economy by getting 1.3 million people fired???
I mean just look at Turkey's economy. They've effectively done what your advocating and their currency is approaching toiletpaper status relative to the cost of living of average Turks. Their president refuses to raise rates because of fears of the populous misconstruing monetary policy. and this decision has decimated their economy.
And arguably its bussiness being targeted rather than individuals. Effectively making it less favorable for them to keep pumping money into their supply chains and human capital. Imagine the alternative of individuals being targeted by a govt that forces them to drop their own demand, going hungry cause they forced to buy less food, or less gas, or less homes by mandated quota. This demand will have to drop somehow, and the Fed's method is the most reasonable way to do it.
Unfiltered
The Dan Bongino Show (Mon. – Fri. 12p-3p ET)
Small businesses complaining about the lack of people wanting to work for little, this was expected...
GOP gonna GOP, keeping you poor is a part of the plan, not surprised.
Mitch said something to the effect of "wait until covid money runs out".
It's all the same script, they want those $9.00 a hour jobs filled with a smile on your face.
fukk an apartment, live with family and find a wife and be grateful, most GOP think like this.
I don't know what Kenyan economics is but I'll look that up when I have time.
GOP gonna GOP, keeping you poor is a part of the plan, not surprised.
Mitch said something to the effect of "wait until covid money runs out".
It's all the same script, they want those $9.00 a hour jobs filled with a smile on your face.
fukk an apartment, live with family and find a wife and be grateful, most GOP think like this.
I don't know what Kenyan economics is but I'll look that up when I have time.
Contrefaire
Superstar
The ideal is for Americans to make money but then spend it all immediately. Regular Americans having a healthy savings is dangerous for capitalists. They need the majority to constantly be one paycheck away from disaster.
Do you remember sometime last year when all the so-called economists were freaking out because people used their stimulus checks to pay down debt or pad their savings accounts instead of idk, going out and buying new cars and 70" TVs?
Only the rich are allowed to hoard wealth.
Unfiltered
The Dan Bongino Show (Mon. – Fri. 12p-3p ET)
Drop some game on economics and how it's supposed to work because many are confused.
1. Is "savings" a good thing for the economy? Not the person but the system
2. Is human demand too high which increase supply but the dollar is weaken which means we pay more than what we're taking?
Economics is a pretty lengty subject to really understand the dollar and supply and demand, the Fed and all that.
Unfiltered
The Dan Bongino Show (Mon. – Fri. 12p-3p ET)
That's what happened with Covid and the free checks and then when jobs opened back up people didn't want the wages.
Also is this a reason most these guys hate gigs like Uber? Because you can eat if you put in the work and have the car for the job and they pay more than most uneducated jobs in some sense.
