Does the United States have a spending problem? Obviously, but I really wanted to talk about how the cost of living crisis is presenting itself in your community. That relates to this article because you can’t squeeze blood from a stone. If all of you have no disposable income, no savings, and a job market that can’t support your current cost of living… What happens if you lose your job? Do you default on loan obligations along with America because we are stretched to the edge. Should we vote in members of congress to pass more tax breaks for private jets?Are mods whack? Let me know in the comments.

  • TronBronson@lemmy.worldOP
    link
    fedilink
    arrow-up
    25
    ·
    4 days ago

    Seems like the US consumer is stuck between a government with drunk spending, and a ton of debt. Next to a corporation who’s squeezed every last penny out of people between wages and costs of goods and services. If GDP is to increase enough to pay off the debt, how does that happen? The only GDP growth comes from sucking up wages and monopolizing, and good old government spending.

    • the_armchair_potato@lemmy.world
      link
      fedilink
      arrow-up
      2
      ·
      2 days ago

      They haven’t even come close to squeezing every penny out of ya all, lol. Most Americans would shit their fucking pants if they saw what shit cost in Canada. Criminally over taxed and everything owned by monopolies that set the price…amd the price ain’t low 😒

      • TronBronson@lemmy.worldOP
        link
        fedilink
        arrow-up
        1
        ·
        23 hours ago

        It’s a K shaped us economy with 20% of the people propping up spending, they never seem to run out of money.

      • TronBronson@lemmy.worldOP
        link
        fedilink
        arrow-up
        1
        ·
        23 hours ago

        We’re almost there! Took longer for private equity to buy up all the small businesses, but we’ve got little town cartels for basic services now too. A guy quoted me $50,000 to replace my siding on 3 sides of the house

    • SaveTheTuaHawk@lemmy.ca
      cake
      link
      fedilink
      English
      arrow-up
      7
      ·
      3 days ago

      the US consumer is stuck between a government with drunk spending, and a ton of debt

      don’t forget… bilionaires play for free.