“I Cannot Afford To Live”: Americans Get Emotional As The U.S. Economy Goes Off The Rails

The economy is doing well which is good for the wealthy. A good economy means nothing to middle class and poor as the structure of power is all in the owners hands today. Labor unions are on the out, most states are "at will" employers, benefits have been allowed to be scraped back to nothing.

Basically the economy is good but that doesnt mean youre doing well unless you are at the top. Welcome to America.

This is certainly not true. We am neither wealthy nor all that close to the top, yet the wife and I are doing great
 
This is certainly not true. We am neither wealthy nor all that close to the top, yet the wife and I are doing great
Their are some outliers but if you are in the 1% you are doing great, top 10% you will save money for retirement and put your kids through college, next 20% are mostly limping into retirement and some will get their kids through college, the bottom 70% are a paycheck from being in trouble and their kids are on their own. That is nothing new, it has been like that for decades.

Home equity increasing has helped nearly 60-70% of America which is the largest build of wealth in history.

There is a structural issue in America that is consolidating more wealth up top. Trickle down has never worked. It has to be forced down.
 
Their are some outliers but if you are in the 1% you are doing great, top 10% you will save money for retirement and put your kids through college, next 20% are mostly limping into retirement and some will get their kids through college, the bottom 70% are a paycheck from being in trouble and their kids are on their own. That is nothing new, it has been like that for decades.

Home equity increasing has helped nearly 60-70% of America which is the largest build of wealth in history.

There is a structural issue in America that is consolidating more wealth up top. Trickle down has never worked. It has to be forced down.

Where in the world is this not the case, and when in history has it not been the case.
 
I suggest you learn how to read a basic graph before you start trying to argue about macroeconomics.

In 1997 real estate has been depreciating for 7 years from 1990 peak and “historical trend” at that point was ZERO GROWTH since 1950s.
So let's go back to the data.
1713446126701.png

There were a couple of bubbles and busts, that happened in the late 70s, and late 80s.
If you remove those bubbles and busts, the prices were generally higher or on par with the 1980s, the 1970s, and the 1940s.
There is no decade you can look at, where the prices in the 1990s were lower, with the exception of the early 1950s. All the men that had been poor from the great depression, and off to war during WW2, they call came back, the government cut spending and deregulated.

The result was a boom in housing. All those men got jobs and started families, and wanted a home. So there was a mild housing boom.

There is no evidence based on that graph, to suggest the housing market was depressed at all.
 
Their are some outliers but if you are in the 1% you are doing great, top 10% you will save money for retirement and put your kids through college, next 20% are mostly limping into retirement and some will get their kids through college, the bottom 70% are a paycheck from being in trouble and their kids are on their own. That is nothing new, it has been like that for decades.

Home equity increasing has helped nearly 60-70% of America which is the largest build of wealth in history.

There is a structural issue in America that is consolidating more wealth up top. Trickle down has never worked. It has to be forced down.
The 1% are always going to do great. So that's a pointless observation. And if you are in the top 25%, and you are 'limping' into retirement, then you are a moron. You have no one to blame but yourself.
And if you are in the bottom 70%, and you are one paycheck away from being in trouble, then you are making bad choices in life.


If a janitor can end up with $8 million, by mopping floors, and emptying trash cans, and you can't.... that's a YOU problem.

Trickle down has never worked.
Trickle down is how everything works. If it didn't work, you would be eating bugs in a gutter somewhere.

Every single job that even exists, is trickle down working. Every bit food you can buy, is trickle down working. Every car, every bit of clothing, every product, every service you can get, everything is trickle down working.

If you are poor, that's a YOU problem. It's not because the economy isn't working.

And by the way, tickle down is universal. There is no system, no economy, no nation or culture, that doesn't have trickle down.

If you go to the State owned Steel company in Communist China, and you walk into the production yard, you will find a bunch of low paid people. If you walk into the CEO office, you will find a very rich and wealthy Chinese guy.

Trickle down is how the entire world works. Without trickle down, you end up in North Korea, eating grass. Ask Yeonmi Park. Watch any of her hundreds of youtube videos on North Korea. She'll explain what not having trickle down looks like.
 
Dumb video. People who produce more have more. People who produce less, and invest less, and create less... have less? No kidding.

Wealth is not "distributed". You create it.

Very naïve and unrealistic view of things.

What does Warren Buffett actually produce?
 
There is no evidence based on that graph, to suggest the housing market was depressed at all.

No depressed?...After real estate prices were FALLING for 7 years straight? Wtf is wrong with you?

Securitization products were underlied by assuptions of ASSET GROWTH. Who is their right mind is going to be thinking that after 7 years of depreciation? Who in their right mind going to be thinking - hmm you know, now is a great time to get into that bussiness.

NO ONE, stop posting nonsense.
 
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Very naïve and unrealistic view of things.

What does Warren Buffett actually produce?
Investing has produced everything. Every single thing that exists anywhere, someone had to invest to make that that happen.

Name something you think would exist if not for rich people like Buffet investing in it?

As for him specifically, I could list dozens of example, but the most obvious is Geico. Geico insurance today has over 38,000 employees, and provides service to over 17 million policies.

Warren Buffet was one of the original investors in 1951, and he ended up buying up Geico and pouring millions into the company in 1996 when he made Geico a subsidiary of Berkshire Hathaway.
 
Last edited:
No depressed?...After real estate prices were FALLING for 7 years straight? Wtf is wrong with you?

Securitization products were underlied by assuptions of ASSET GROWTH. Who is their right mind is going to be thinking that after 7 years of depreciation? Who in their right mind going to be thinking - hmm you know, now is a great time to get into that bussiness.

NO ONE, stop posting nonsense.
Yes, after falling 7 years straight, they were not depressed.
Can you not read the graph? The prices in 1989 were from a bubble. The bubble burst. When price bubbles burst, they fall until they reach the normal market rates. The prices that the housing market fell to by 1993 to 1997, were in fact the normal stable market rates, and you can see that clearly in the graph.
 
If you google Ford Record Profit Sharing 1999, 1998, keep going. You will see Ford was profitable and the employees were paid well.

Then 2000's came and if I remember correctly, it was an all out assault on unions. So Republicans practically cheered as uneducated blue collar workers lost their jobs to Mexico or China. But no problem, Bush's economy turned into a service economy. Because the dollar was so low, we now wait on rich people from other countries who come here to take advantage of the weak dollar. Service jobs, that don't pay nearly what manufacturing jobs do.

One reason I don't feel sorry for these deplorables is because they voted for Reagan Bush and Trump. Now they are falling for Trump? It's these former highly paid union workers who are butt hurt about losing their jobs and pensions, and now they are voting GOP? Fuck em!
You're just being goofy...again.
  1. 400,000 vehicles

    Located in Monterrey, Mexico the plant is capable of producing 400,000 vehicles annually.

    Which Cars Are Made In Mexico? | AutoGuide.com


    www.autoguide.com/auto-news/2015/04/which-cars-are-made-in-mexico.html
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  2. People also ask

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    Ford is the last of the Detroit Three to restart operations south of the border. There is a lot of interconnection between the Detroit Three and manufacturing in Mexico. The automakers' operations in Mexico build profitable vehicles that are sold in the United States. They also make parts used on cars built at U.S. assembly plants.

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    When did Ford start making cars in Mexico?
    In 1925, Ford Motor Company was established and began manufacturing vehicles in the country, and, as of 2020, remains the longest-running brand in the country. In 1961, Mexico produced its first fully domestic vehicle, a small truck called the Rural Ramírez, produced by the Ramirez truck company.

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    Was my new car built in Mexico?
    Your new car may have been built in Mexico. Our southern neighbor is responsible for manufacturing millions of cars sold in the United States each year. Of the approximately 3.7 million vehicles built in Mexico during 2019, the vast majority were exported. Many came to dealerships in the United States.

    34 Cars Built in Mexico for the United States | U.S. News

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  3. Global web icon
    Wikipedia
    https://en.wikipedia.org/wiki/Hermosillo_Stamping...

    Hermosillo Stamping and Assembly - Wikipedia

    Hermosillo Stamping and Assembly is a Ford Motor Company-owned automobile assembly facility located in Hermosillo, Sonora, Mexico. The facility currently assembles Ford Bronco Sport and Ford Maverick (2022) models for the North American market. The facility, which began production in 1986, … See more
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    Wikipedia text under CC-BY-SA license
    From Wikipedia

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    34 Cars Built in Mexico for the United States | U.S. News

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    • Vehicle use restrictions
    • Automotive culture and Mexico's auto show
    • Successful cars in Mexico
    • Missing makers
    • See also


    This is a brief history of the car makers in this country.
    Audi operates a car factory at San José Chiapa with a capacity of 150,000 units per year, including the Q5. Some parts are exported to China and India.
    Aston Martin entered the Mexican auto market in 2014 with the opening of their first dealership in Mexico City located in the Polanco neighborhood.
    Wikipedia · Text under CC-BY-SA license
    • Estimated Reading Time: 9 mins
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    • Land occupied: 279
    • Estimated Reading Time: 2 mins

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You're just being goofy...again.
  1. 400,000 vehicles

    Located in Monterrey, Mexico the plant is capable of producing 400,000 vehicles annually.

    Which Cars Are Made In Mexico? | AutoGuide.com


    www.autoguide.com/auto-news/2015/04/which-cars-are-made-in-mexico.html
    Was this helpful?
    https://www.usmessageboard.com/javascript:void(0)
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  2. People also ask

    Does Ford make cars in Mexico?
    Ford is the last of the Detroit Three to restart operations south of the border. There is a lot of interconnection between the Detroit Three and manufacturing in Mexico. The automakers' operations in Mexico build profitable vehicles that are sold in the United States. They also make parts used on cars built at U.S. assembly plants.

    Ford restarts manufacturing in Mexico to build Mustang Mach-E SUV

    th

    freep.com
    Ask Copilot

    When did Ford start making cars in Mexico?
    In 1925, Ford Motor Company was established and began manufacturing vehicles in the country, and, as of 2020, remains the longest-running brand in the country. In 1961, Mexico produced its first fully domestic vehicle, a small truck called the Rural Ramírez, produced by the Ramirez truck company.

    Automotive industry in Mexico - Wikipedia

    th

    en.wikipedia.org
    Ask Copilot

    Where are Ford cars made?
    The automakers' operations in Mexico build profitable vehicles that are sold in the United States. They also make parts used on cars built at U.S. assembly plants. In some cases, engines that are made at the carmakers' U.S. plants are sent to Mexico for use in vehicle assembly there too. Here are Ford plants in Mexico:

    Ford restarts manufacturing in Mexico to build Mustang Mach-E SUV

    th

    freep.com
    Ask Copilot

    Was my new car built in Mexico?
    Your new car may have been built in Mexico. Our southern neighbor is responsible for manufacturing millions of cars sold in the United States each year. Of the approximately 3.7 million vehicles built in Mexico during 2019, the vast majority were exported. Many came to dealerships in the United States.

    34 Cars Built in Mexico for the United States | U.S. News

    th

    cars.usnews.com



  3. Global web icon
    Wikipedia
    https://en.wikipedia.org/wiki/Hermosillo_Stamping...

    Hermosillo Stamping and Assembly - Wikipedia

    Hermosillo Stamping and Assembly is a Ford Motor Company-owned automobile assembly facility located in Hermosillo, Sonora, Mexico. The facility currently assembles Ford Bronco Sport and Ford Maverick (2022) models for the North American market. The facility, which began production in 1986, … See more
    Flexible manufacturing
    For the production of the Ford CD3 platform, Ford announced in 2003 to update the plant for increased efficiency and flexibility … See more
    Products
    Current
    Ford Bronco Sport (2020–present)
    Ford Maverick (2021–present) See more

    Wikipedia text under CC-BY-SA license
    From Wikipedia

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    U.S. News & World Report
    https://cars.usnews.com/cars-trucks/advice/made-in-mexico

    34 Cars Built in Mexico for the United States | U.S. News

    WEBSep 29, 2020 · The only hybrid car in Ford’s lineup, the Ford Fusion Hybrid marks the final year of its production in 2020. Ford builds thesedan at its Hermosillo Assembly …Global web icon
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    2024 Ford Maverick Now in Production at Hermosillo …


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    autoevolution.com
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  6. Global web icon
    Wikipedia
    Automotive industry in Mexico - Wikipedia

    Automotive industry in Mexico - Wikipedia

    • Overview
    • Companies with official brands in Mexico
    • History
    • Vehicle use restrictions
    • Automotive culture and Mexico's auto show
    • Successful cars in Mexico
    • Missing makers
    • See also


    This is a brief history of the car makers in this country.
    Audi operates a car factory at San José Chiapa with a capacity of 150,000 units per year, including the Q5. Some parts are exported to China and India.
    Aston Martin entered the Mexican auto market in 2014 with the opening of their first dealership in Mexico City located in the Polanco neighborhood.
    Wikipedia · Text under CC-BY-SA license
    • Estimated Reading Time: 9 mins
  7. Videos of How Many Cars Does Ford build in Mexico

    bing.com/videos




    Ford Motor to build plant in Mexico
    Apr 6, 2016
    Detroit Free PressBrent Snavely




    Ford to build plant in Mexico
    Feb 7, 2016
    CNBCJavier E. David



    Ford to Build Another Factory in Mexico
    Apr 5, 2016
    Fox BusinessMatthew Rocco



    Ford moving all small-car production to Mexico
    Sep 15, 2016
    CNBC



    Ford to build new Bronco Sport SUV in Mexico
    Jan 2, 2009
    freightwaves.com

    See more videos of How Many Cars Does Ford build in Mexico
  8. Global web icon
    Ford Authority
    https://fordauthority.com/fmc/ford-motor-com…

    Ford Motor Company Hermosillo Assembly Plant


    th

    WEBJan 15, 2020 · Hermosillo has been top rated in the “Compact Premium Conventional” category in terms of productivity, taking an average of …
    • Facility size: 1,650,307 square feet (153,318 m2)
    • Year opened: 1986
    • Land occupied: 279
    • Estimated Reading Time: 2 mins

    Tags:
    Hermosillo Stamping And Assembly
    Ford Hermosillo Sonora


  9. Global web icon
    Reuters
    https://www.reuters.com/business/autos...

    U.S. automaker Ford opens $260 million campus in Mexico

    WEBNov 1, 2022 · MEXICO CITY, Oct 31 (Reuters) - U.S. automaker Ford Motor Co (F.N) opened its new global technology and business center on the outskirts of Mexico's
    Tags:
    Ford Motor Company Mexico Plant
    Ford Factory In Mexico


  10. Global web icon
    Detroit Free Press
    https://www.freep.com/story/money/cars/ford/2020/...

    Ford restarts manufacturing in Mexico to build Mustang …


    WEBJun 1, 2020 · Ford Motor Co. has restarted its plants in Mexico after weeks of shutdown due to the coronavirus, it said Monday. The automaker offered little detail on exactly …
    Tags:
    Ford Mexico
    Ford Motor Co
    Automotive Reporter


  11. Global web icon
    Dallas News
    https://www.dallasnews.com/business/autos/2021/08/...

    This tiny, Mexico-built Ford hybrid pickup already has …


    WEB2:02 PM on Aug 23, 2021 CDT. Ford Motor Co. has confirmed 100,000 reservations so far for its all-new little 2022 Maverick pickup that hasn’t been built yet. The hybrid compact …
  12. Global web icon
    CNBC
    https://www.cnbc.com/2021/03/04/ford-quietly...

    Ford quietly begins production of new small pickup in …


    WEBMar 4, 2021 · Michael Wayland @MikeWayland. Key Points. Ford has started production of a “C-Pick Up” alongside the Ford Bronco Sport in Mexico. “C-Pick Up” is expected to …
    Tags:
    Ford Mexico
    Ford Bronco Sport


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    electrive.com
    https://www.electrive.com/2021/03/18/ford-to...

    Ford to manufacture two EVs in Mexico | electrive.com


    th

    WEBMar 18, 2021 · Cuautitlan. 1. Ford decided to build two new electric models in Mexico instead of producing these in the US state of Ohio as workers there had hoped from 2023. The information comes from the US auto …
What's your point?

I told two Republicans at work today that MOST of the manufacturing jobs went overseas in the 2000's. One guy kept insisting that it was the 90's. He sooo wanted to blame Clinton. Not only did I show him he was wrong, we have a great local example. The Ford Lincoln plant in our town went to Mexico in the 2000's. The other one remembered because it happened the year he moved here from Germany. Of course he likes Trump, fucking Nazi. LOL
 
What's your point?

I told two Republicans at work today that MOST of the manufacturing jobs went overseas in the 2000's. One guy kept insisting that it was the 90's. He sooo wanted to blame Clinton. Not only did I show him he was wrong, we have a great local example. The Ford Lincoln plant in our town went to Mexico in the 2000's. The other one remembered because it happened the year he moved here from Germany. Of course he likes Trump, fucking Nazi. LOL
2023-03-29%20Reduced%20further.jpg
 
What's your point?

I told two Republicans at work today that MOST of the manufacturing jobs went overseas in the 2000's. One guy kept insisting that it was the 90's. He sooo wanted to blame Clinton. Not only did I show him he was wrong, we have a great local example. The Ford Lincoln plant in our town went to Mexico in the 2000's. The other one remembered because it happened the year he moved here from Germany. Of course he likes Trump, fucking Nazi. LOL
You and your buddy are both wrong.

It doesn't matter who is president.
If you have unions that drive out jobs, jobs are going to leave. There is no president that will stop jobs leaving if union make those jobs unprofitable.

You pointed to the Ford plant. Well the Honda plant here in Ohio was started in 1982. They had 65 workers. They expanded, and expanded, and now has over 15,000 employees, and that is soon to rise because Honda started construction on a 110,000 sqft facility.

Of course.... Honda is non-union. Union jobs are being driven out. And non-union jobs are moving in.

The problem isn't whatever idiot you have in office. The problem is you screwing your own jobs with unions.
 
You and your buddy are both wrong.

It doesn't matter who is president.
If you have unions that drive out jobs, jobs are going to leave. There is no president that will stop jobs leaving if union make those jobs unprofitable.

You pointed to the Ford plant. Well the Honda plant here in Ohio was started in 1982. They had 65 workers. They expanded, and expanded, and now has over 15,000 employees, and that is soon to rise because Honda started construction on a 110,000 sqft facility.

Of course.... Honda is non-union. Union jobs are being driven out. And non-union jobs are moving in.

The problem isn't whatever idiot you have in office. The problem is you screwing your own jobs with unions.
Well sure! If a company can choose between manufacturing in Mexico or USA, they're going to pick Mexico every time. We should have told them we'd tariff them if they left. In other words, to sell it here, you have to make it here. Now it's too late. Trump tried that in 2019 and manufacturing HALTED suddenly. Suddenly people weren't buying. It was too expensive. Prices shot up. INFLATION occured. Because Trump started a trade war with China. Republicans here said sorry I was going to have to suffer initially but it's better if we buy American and bring jobs back home. Guess what? Trump didn't win that trade war. He just slowed down growth and cost a lot of people a lot of money.

I was like holy shit is it going to happen again? Is Trump going to fuck me like Bush did in the 2000's?

U.S. has lost 5 million manufacturing jobs since 2000

And most of those workers found service jobs that don't pay nearly as much.

So the people Republicans said worth overpaid in the 2000's, are the same uneducated blue collar workers today who are voting Republican? How? Because Trump blamed lllegals and said he'd bring their jobs back home. Idiots. Deplorables.

 

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