Three out of five Americans now live paycheck to paycheck

Nothing really “happens” per se. People just become unhappier as they have to work harder to afford an ever decreasing standard of living.

It sucks, but people will find ways to adapt.

Welcome to Honduras! You know what happens? Products get cheaper and cheaper so you can afford them. In a couple years you don’t even remember what good milk or meat is.

Apartments get even smaller.
Cloths are now second hand cloths.
And there’s a lot of violence on the streets because gangs, perverts, narcs, and police thrive on poor people.

Yeh. That’s how it is.
The 3rd world county is upon you and it wasn’t a republican or a democrat or the immigrants.

It has always been the corporations and their economic impositions.

Living paycheck to paycheck doesnt mean youre broke, it just means you don’t keep a bunch of money in your checking account.

You could be dumping $1000/paycheck into stocks, and spending $1000/paycheck on designer clothes, and still be counted as “paycheck to paycheck.”

How many of these people have car payments over $500 a month? My guess is all of them. Nobody is taking the money out of their pockets. They are giving it away.

I gotta be honest, I am personally not convinced that 60 percent are ACTUALLY living paycheck to paycheck versus making daily choices that cause them to live paycheck to paycheck

The amount of families I interact with that “need support” and “live paycheck to paycheck” but also wear jordans and lulu for the whole family and pull up to a meeting with starbucks is a significant proportion.

Purely anecdotal but I could basically never be convinced that 60 percent of americans are one job loss, one popped tire, etc away from being underwater AND that the reason they dont have savings is because they have been spending all available cash on essentials for 6+ months. I think what i just described is about 10-15 percent of our country and 35-50 percent of our nation simply has a spending, luxury, convenience problem

Post-capitalist techno-feudalism

Every human has to eat to survive. And survival instinct is the strongest instinct, everybody does what he has to do to survive. The rugby players in the Andes had to resort to cannibalism to survive in 1972 after a plane crash for 72 days. If there is true hunger, then civilization is over. In fact, we have this fancy modern civilization because most people can somewhat afford cost of living.

Civilization is three meals away from anarchy. This is well-known.

There are examples all over the world of this we can look to to give us some idea. None of them are good.

Violence hopefully only thing that brings change

They’ll blame everyone who has anything and attack them. But will never look to the people they voted to keep in power for decades as the problem. They’ll sure blame the other party though. Not their party.

You know what’s really funny is this is such an American problem lmao. Look at SO many other countries in the world. Look at developed countries like China that have such a high cost of living people end up in tenement buildings built for tens of thousands.

That’s our future.

The trend of the incoming administration has always been crime. They are despots. Violence under the guise of the KKK at firsts and now to pick them back up again.

Living paycheck to paycheck does not at all relate to cost of living or size of the income for that matter. People are just shit at managing their finances, tend to live above their means for no good reason and end up paying for a mountain of credit. The solution is trivially simple – consume less. No you don’t need to move out from your parents at 18, no your car does not have to cost 80k, no you don’t need that ridiculously overpriced degree. If something is too expensive and you can’t afford it, then you just plain don’t, it’s that simple.

The majority of the population for most of human history lived on a GDP per capita of less than $2000 per year.

Welcome to the third world 😉

Eat the rich time