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re: 40% of Americans dont have $400 for an emergency

Posted on 5/23/19 at 2:34 pm to
Posted by Norbert
Member since Oct 2018
3160 posts
Posted on 5/23/19 at 2:34 pm to
quote:

Dave Ramsey


Honestly, teachings like his should be in every high school in America. Start making art and music electives, as they should be, and make it mandatory to teach the average dummy how to save money and not have a kid as an unwed teenager.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
98809 posts
Posted on 5/23/19 at 2:34 pm to
So...it's not a good economy because 40% of the American people have shitty spending habits and don't fricking save?
Posted by The Spleen
Member since Dec 2010
38865 posts
Posted on 5/23/19 at 2:35 pm to
quote:

That implies capitalism inevitably “runs its course”



The fallacy is that it is inevitable. It's not. But when those in power continue to rig the system to the benefit of the privileged class, well my friend they you've got yourself a plutocracy and/or oligarchy. A true capitalistic society cannot fully thrive in a plutocracy and/or oligarchy.

Anyway, back to the topic at hand. Lot of comments in here that it is solely the fault of the individuals. I'd mostly agree with that for most of the sample, however I do think there are systemic and societal factors to are causing it as well. Like most things, it's way more nuanced than many posts in this thread want to pretend it is.
Posted by siberian tiger
the Hammer
Member since Jan 2004
379 posts
Posted on 5/23/19 at 2:35 pm to
You sure are a dumbass. Every post just confirms it. Oh and before you come back with a witty " well your a liberal" take...... Im not
Posted by escatawpabuckeye
Member since Jan 2013
956 posts
Posted on 5/23/19 at 3:07 pm to
He loves them pit bulls though.
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