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Pretty sure China's progress speaks for itself when you move away from the propaganda bubble. You don't have to agree with how another culture lives or how they want to be governed but there is no doubting their 5000 year old civilization is on a roll. My work brings me in contact with a lot of the young Chinese diaspora- I am constantly amazed at how they all have degrees, and not bogus ones either. As for US education, how about something called student debt? It's not about advancing the FIRE sector but actually about building stuff so in essence I agree with you, young man go get a trade without an AI future like being a plumber or a builder etc. Lawyers are overpaid dogwalkers as a middle managers who are going to get reamed by AI. The grads who cant get jobs are in industries that are saturated.
 
Steven31371 said:
The point is that all those type of jobs don’t pay a living wage. Everyone working those type of jobs have to survive from assistance from others, whether that’s assistance from the government printing money or family members is irrelevant.

I will correct something though, maybe it’s not 60% unemployment, maybe it’ll be 40%, but then add in the under employed that can only survive with assistance and you’re back up to at least 60%.
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Please define how much a 'living wage' is. Somehow I think you'll put up a number that is greater than my total income, but I live just fine.
 
BP PanigaleV4S said:
My advice to any young person in this day and age would be to learn a trade or skill, get some experience, and start your own company.
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Yup…I go into those business and fix them or build them up. The most direct path to wealth in this country is to learn a trade then start your own biz. You can play it conservative and build a 10 mil hvac and electrical contracting company and make 1.5 mil a year in after tax personal income, or be a hard charger and build a 100 mil contracting company and make 15 mil a year after taxes.
 
Sheikh said:
Please define how much a 'living wage' is. Somehow I think you'll put up a number that is greater than my total income, but I live just fine.
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A living wage at a MINIMUM means that without assistance you can afford rent and all the other life expenses for your family unit.

I would add that you can also fund a baseline retirement so that you don’t become a burden on others later in life.

So it depends on the cost of living where you live.
 
Steven31371 said:
A living wage at a MINIMUM means that without assistance you can afford rent and all the other life expenses for your family unit.

I would add that you can also fund a baseline retirement so that you don’t become a burden on others later in life.

So it depends on the cost of living where you live.
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RENT??? You have GOT to be kidding me. RENT is the worst way to put a roof over your head. Live in your car for a year and put a down payment on a HOUSE, a cheap one that needs fixing up, then flip it and reinvest...

Rent.. pfffft.. No wonder you have such a horrible outlook on life.

I also have a 401K that would keep me very comfortable, if I needed it, but I don't. I don't even touch it. I INVESTED my time and money in the Government mandated Social Security, and the Pension I get form the Military. 20 hard years in the Marines, another 17 in the private sector and i EARNED everything I get. To foolish accuse people of being a drain on the things they put into for long periods of time means you are either a very hateful and spiteful person who just trolls and tries to upset people, or you are a total ignoramus who has no clue how to get ahead in life. I'm reaping the fruit of my labor, nothing more or less.

'Burden on society'. Be thankful people like me exist who MADE the Society you enjoy today.
 
Sheikh said:
RENT??? You have GOT to be kidding me. RENT is the worst way to put a roof over your head. Live in your car for a year and put a down payment on a HOUSE, a cheap one that needs fixing up, then flip it and reinvest...

Rent.. pfffft.. No wonder you have such a horrible outlook on life.

I also have a 401K that would keep me very comfortable, if I needed it, but I don't. I don't even touch it. I INVESTED my time and money in the Government mandated Social Security, and the Pension I get form the Military. 20 hard years in the Marines, another 17 in the private sector and i EARNED everything I get. To foolish accuse people of being a drain on the things they put into for long periods of time means you are either a very hateful and spiteful person who just trolls and tries to upset people, or you are a total ignoramus who has no clue how to get ahead in life. I'm reaping the fruit of my labor, nothing more or less.

'Burden on society'. Be thankful people like me exist who MADE the Society you enjoy today.
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This entire post is kind of obtuse. Where did I say you were a burden on society. You asked what a living wage was, I answered, without knowing or saying anything about your situation.

Also, I was in the military too, although I didn’t make a career of…so I’m free to say this as much as I want…militaries don’t make societies, and your or my military service certainly does not make societies great or just, or with economic equality.

And you know and I know that the vast majority of the people we were in the military with are not some kind of self sacrificing patriots. 95% of the people I worked with in the military are in there precisely because they can’t earn a living wage outside of the military.

And since World War 2 nearly every conflict our military has had actions in over seas was not in defense of America, it was to serve the interests of a few billionaires. Our people dying not to preserve our freedom, but to enrich billionaires.
 
Being 'free to say' what you think does NOT make you worth listening to, nor does it protect you from others commenting on what you say.
 
@Steven31371 great reply....although it will be lost on the likes of the one your responding too. I also served and was in that same category...joined Navy at 17. Got nuclear trained, and have made a career out of that foundation!

I grew up hungry, took food home from school (free lunches), welfare was the only thing that kept us afloat.... I got a full time job at 14 (legal in Oklahoma at that time), and got the hell out as soon as I could.

I will say growing up southern Baptist, I left Oklahoma with a racists' mindset, distrustful of black folks and gays..and any "others" I honestly believed some of those types were out to get me and drag me down into hell! The first cracks in what would eventually collapse this mindset, was meeting my first openly gay dude in the Navy...he was NOTHING like what I was taught...that was the first time I started questioning what I had grown up around...it would be about 10yrs before I was able to leave the cult and mindset behind.

Anyways, Its nice to see someone like yourself with a well rounded and thought out opinion, something that is lost in the country...most are just repeating LEFT or RIGHT talking points...

One thing is for certain...Trump is no friend of anyone..he is beholden to the billionaires, is a narcissist, easily manipulated, and has steam rolled any opposition ...all under the guise of retribution of the supposed "lawfare" against him.

He ran on a message of hate and retribution, and a majority of Americans were on board with that.

Was Kamala the answer? I don't think so, although she got my vote for "obvious" reasons to me lol. Trump has brought out the worst in this country, but he's not fully to blame, he is a symptom of the larger cancer plaguing this country.

ok good grief...i'm done with the politics on this forum...no one here is gonna change anyone's mind...the slow roll into collapse started with Citizens United...and there is no stopping the inevitable I think.

Ive got a couple years of college to pay for, then we are gonna make our way out of the USA.

Jag
 
Steven31371 said:
This entire post is kind of obtuse. Where did I say you were a burden on society. You asked what a living wage was, I answered, without knowing or saying anything about your situation.

Also, I was in the military too, although I didn’t make a career of…so I’m free to say this as much as I want…militaries don’t make societies, and your or my military service certainly does not make societies great or just, or with economic equality.

And you know and I know that the vast majority of the people we were in the military with are not some kind of self sacrificing patriots. 95% of the people I worked with in the military are in there precisely because they can’t earn a living wage outside of the military.

And since World War 2 nearly every conflict our military has had actions in over seas was not in defense of America, it was to serve the interests of a few billionaires. Our people dying not to preserve our freedom, but to enrich billionaires.
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Actually it was I who tried to make him look at the burden to the normal citizen our military is. I wish I could remember where I found the percentage of the defense budget spent protecting our oil interests. Our military is bloated beyond belief, but we have some sociopath running around cutting foreign aid spending. I'm an old business guy, if you want to find where most of the wasted money is look at where most of the money goes first.
 
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baggerman said:
What do you not understand about the insider trading regulations relative to our congress? Did you think these guys went into congress due to an altruistic bent? 5 years either house full benefits for life. And really good bribes. Class of the field. And then if you're kicked out you can get a good lobbying job.
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thats true.

I'm actually tracking Pelosi portfolio with a smaller investment
 
panibadboy said:
thats true.

I'm actually tracking Pelosi portfolio with a smaller investment
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What's pissing me off is there's so much short interest in Tesla you can't short it. Market is utterly overvalued be careful. Even pre structured downside protective trades don't necessarily work when everything goes to s**t. Warren Buffet is sitting on cash (like 130 billion). The big banks are fully hedged.
 

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