Thread:
Why are americans so poor?
12-27-2021, 04:01 AM
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#1
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12-27-2021, 04:06 AM
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#2
12-27-2021, 04:08 AM
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#3
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High cost of living. They make alot and spend alot.
A mid level engineer in San Francisco makes 400k but also pays 50% im taxes and a 2 bedroom shack in San Francisco costs 750kโฆ so he lives like chit
A mid level engineer in San Francisco makes 400k but also pays 50% im taxes and a 2 bedroom shack in San Francisco costs 750kโฆ so he lives like chit
12-27-2021, 04:10 AM
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#4
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Originally Posted By Beast92⏩
Crazy. Also how expensive is health care insurance?High cost of living. They make alot and spend alot.
A mid level engineer in San Francisco makes 400k but also pays 50% im taxes and a 2 bedroom shack in San Francisco costs 750kโฆ so he lives like chit
A mid level engineer in San Francisco makes 400k but also pays 50% im taxes and a 2 bedroom shack in San Francisco costs 750kโฆ so he lives like chit
12-27-2021, 04:14 AM
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#5
12-27-2021, 04:18 AM
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#6
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Most people couldn't save money if their life depended on it. Cost of living is high and only going up with the current Cuckministration
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12-27-2021, 04:22 AM
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#7
12-27-2021, 04:40 AM
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#8
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In nations where wealth is highly concentrated in a small percentage of people, the mean can be much higher than the median (e.g. the United States).
Crazy wealth inequality

Crazy wealth inequality

12-27-2021, 04:44 AM
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#9
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Originally Posted By ****inator⏩
In nations where wealth is highly concentrated in a small percentage of people, the mean can be much higher than the median (e.g. the United States).
Crazy wealth inequality

Crazy wealth inequality


12-27-2021, 04:47 AM
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#10
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Originally Posted By Beast92⏩
I rarely know anyone who isnโt a manager who makes more than $200-250K in SF. And that 2 bedroom shack is more like $1.2 million.High cost of living. They make alot and spend alot.
A mid level engineer in San Francisco makes 400k but also pays 50% im taxes and a 2 bedroom shack in San Francisco costs 750kโฆ so he lives like chit
A mid level engineer in San Francisco makes 400k but also pays 50% im taxes and a 2 bedroom shack in San Francisco costs 750kโฆ so he lives like chit
12-27-2021, 04:50 AM
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#11
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Originally Posted By DustinTheHuss⏩
Wtf how can people afford to live in those areas?I rarely know anyone who isnโt a manager who makes more than $200-250K in SF. And that 2 bedroom shack is more like $1.2 million.
12-27-2021, 05:05 AM
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#12
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Originally Posted By nineOHnine⏩
last time i saw australian minimum wage was like 20 dollars. and that was a few years back. that must mean even the most moderately skilled make a lotMillion dollar shacks are normal everywhere.
Had no idea Australians were making bank.
Had no idea Australians were making bank.
florida's until this year was 7.25
but it's all relative
12-27-2021, 05:10 AM
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#13
12-27-2021, 05:12 AM
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#14
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Originally Posted By ****inator⏩
You either purchased 25 years ago like me or you have a ridiculous number of stock options, two hi tech incomes or you rent with 3 roommates.Wtf how can people afford to live in those areas?
Most new property in the Bay Area is purchased from people in China.
12-27-2021, 05:13 AM
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Originally Posted By TokenV⏩
You ph aggotz have all of your wealth in real estate I guess.fuaaaark Belgium on 4?
dasitmane
dasitmane
Wonder how high Flanders would be on its own.
12-27-2021, 05:15 AM
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#16
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Originally Posted By propreffered7⏩
The $20min wage is in aud dollars. But in Aus barely anyone is on min wage besides students and old people.last time i saw australian minimum wage was like 20 dollars. and that was a few years back. that must mean even the most moderately skilled make a lot
florida's until this year was 7.25
but it's all relative
florida's until this year was 7.25
but it's all relative
Average wage is like $90k aud a year, which is about $65k usd. Thats average tho which means a LOT earns way more than that.
Highly skilled people will earn more in the US tho.
https://www.news.com.au/finance/work...236e90472a1eaa
12-27-2021, 05:15 AM
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#17
12-27-2021, 05:17 AM
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#18
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Originally Posted By nineOHnine⏩
A decent chunk of it is paper-based increases in the value of the housing stockMillion dollar shacks are normal everywhere.
Had no idea Australians were making bank.
Had no idea Australians were making bank.
Unless youโre routinely bringing new houses or investment properties to market, itโs not really a wealth increase - because itโs the family home and you canโt sell it without having to buy back in at the same price to maintain your position.
However wealth inequality is much less here and of course we have actual government services and healthcare.
Also we have had a history of strong labour unionism so our workforce doesnโt routinely get bent over and pounded raw by corporate employers like workers in USA. In addition to a living wage we have workplace standards and enterprise bargaining rules.
Inb4 cope
12-27-2021, 05:22 AM
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#19
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Originally Posted By mcdojo⏩
yea, i dont think florida was the lowest either. it's now up to 10/ hrThe $20min wage is in aud dollars. But in Aus barely anyone is on min wage besides students and old people.
Average wage is like $90k aud a year, which is about $65k usd. Thats average tho which means a LOT earns way more than that.
Highly skilled people will earn more in the US tho.
https://www.news.com.au/finance/work...236e90472a1eaa
Average wage is like $90k aud a year, which is about $65k usd. Thats average tho which means a LOT earns way more than that.
Highly skilled people will earn more in the US tho.
https://www.news.com.au/finance/work...236e90472a1eaa
just looked up the median income for single income in u.s. in 2015 it was 31, 133
but at 7.25 that meant in australia the lowest of the low were making 2x as much than in florida. guess there could be a discrepancy on what is considered lowest of the low as well. highly doubted that it scaled linearly from there too
12-27-2021, 05:24 AM
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#20
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Originally Posted By QuickShotSteve⏩
But isn't it because a very small percentage hoards all the wealth in the US?Look at the ghettos in the USA and you can see how 'those people' drive down the USA.


12-27-2021, 05:31 AM
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Also lol if ameripoors use europoors as an insult now. Western euros mogging merican wealth
12-27-2021, 05:33 AM
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#22
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Originally Posted By ****inator⏩
tbh I didn't check how it is calculated, just looked at the table and saw Belgium on 4 lolYou ph aggotz have all of your wealth in real estate I guess.
Wonder how high Flanders would be on its own.
Wonder how high Flanders would be on its own.
housing market is on an all-time high atm here, so for young people today it's getting harder and harder to become homeowners
I bought my house 9 years ago when the market was already quite high, never would've thought at the time that in retrospect I would turn out to be "lucky" lmfao
in general Flanders is still a lot wealthier than Wallonia so Flanders alone would've probably made top-3
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12-27-2021, 05:37 AM
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#23
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Originally Posted By TokenV⏩
How old are you **** got?tbh I didn't check how it is calculated, just looked at the table and saw Belgium on 4 lol
housing market is on an all-time high atm here, so for young people today it's getting harder and harder to become homeowners
I bought my house 9 years ago when the market was already quite high, never would've thought at the time that in retrospect I would turn out to be "lucky" lmfao
in general Flanders is still a lot wealthier than Wallonia so Flanders alone would've probably made top-3
housing market is on an all-time high atm here, so for young people today it's getting harder and harder to become homeowners
I bought my house 9 years ago when the market was already quite high, never would've thought at the time that in retrospect I would turn out to be "lucky" lmfao
in general Flanders is still a lot wealthier than Wallonia so Flanders alone would've probably made top-3
12-27-2021, 05:40 AM
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#24
12-27-2021, 05:45 AM
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#25
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Inb4 cope, but I think wealth is relative. For instance, I bring home about 70k a year. I quit a job where I was bringing home about 120k a year so I could be in the ministry. Most of what I make is from being wounded by an IED, so itโs disability. I consider that retirement.
I have a house that is worth close to 500k now and is 3100+ sq ft, gated community. I live in a very low cost of living place, south Mississippi. I have a 2020 Dodge Durango SRT and a 2008 Silverado that is my beater basically. I have a lot of money in savings, but if you went by my โtaxableโ income, Iโd legit be at poverty level. I am nowhere near poverty with my lifestyle though. I could go anywhere, do anything or live almost anywhere in the world.
I have a house that is worth close to 500k now and is 3100+ sq ft, gated community. I live in a very low cost of living place, south Mississippi. I have a 2020 Dodge Durango SRT and a 2008 Silverado that is my beater basically. I have a lot of money in savings, but if you went by my โtaxableโ income, Iโd legit be at poverty level. I am nowhere near poverty with my lifestyle though. I could go anywhere, do anything or live almost anywhere in the world.
12-27-2021, 05:56 AM
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#26
- JoshSP1985
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Absolute trash tier spending habits combined with zero financial knowledge = average American
We go through our entire public school curriculum without any financial schooling. Almost like it's by design to keep people debt slaves.
We go through our entire public school curriculum without any financial schooling. Almost like it's by design to keep people debt slaves.
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12-27-2021, 06:02 AM
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#27
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Originally Posted By Yoopwat⏩
how is slovenia third worldLmao imagine having comparable wealth to the mighty Slovenia. Third world af.
communist until you get rich
rightwing until financially secure
atheist until the plane starts falling
slootist until you get married
muslim after you get married
12-27-2021, 06:09 AM
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#28
flex culture.
Americans have debt beyond belief , and buy houses they canโt afford.
This is why homes go to foreclosure which I love since I can come buy it from the bank and say Ty for cheap house stupid Americans
Americans have debt beyond belief , and buy houses they canโt afford.
This is why homes go to foreclosure which I love since I can come buy it from the bank and say Ty for cheap house stupid Americans
12-27-2021, 06:10 AM
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#29
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Originally Posted By hendrixfreak70⏩
The study looks at everything. I think debt fcks over most americans.Inb4 cope, but I think wealth is relative. For instance, I bring home about 70k a year. I quit a job where I was bringing home about 120k a year so I could be in the ministry. Most of what I make is from being wounded by an IED, so itโs disability. I consider that retirement.
I have a house that is worth close to 500k now and is 3100+ sq ft, gated community. I live in a very low cost of living place, south Mississippi. I have a 2020 Dodge Durango SRT and a 2008 Silverado that is my beater basically. I have a lot of money in savings, but if you went by my โtaxableโ income, Iโd legit be at poverty level. I am nowhere near poverty with my lifestyle though. I could go anywhere, do anything or live almost anywhere in the world.
I have a house that is worth close to 500k now and is 3100+ sq ft, gated community. I live in a very low cost of living place, south Mississippi. I have a 2020 Dodge Durango SRT and a 2008 Silverado that is my beater basically. I have a lot of money in savings, but if you went by my โtaxableโ income, Iโd legit be at poverty level. I am nowhere near poverty with my lifestyle though. I could go anywhere, do anything or live almost anywhere in the world.
12-27-2021, 06:12 AM
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#30
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I can confirm that I am poor as fucc
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