Started By
Message

re: Americans Are Still Spending Like There’s No Tomorrow

Posted on 10/2/23 at 9:25 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
293855 posts
Posted on 10/2/23 at 9:25 am to
quote:

ETA: The trips are a bit much, though. I don’t understand why every little white bitch needs to see Europe.


White women just copy other white women.

Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 10/2/23 at 9:26 am to
quote:

$7,000 Alaskan cruise so his family could see the ice caps, which have been melting at a rapid clip.


I hope the ship sinks
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35741 posts
Posted on 10/2/23 at 9:26 am to
quote:

so his family could see the ice caps, which have been melting at a rapid clip.


Love that part injected in there. Couldn't just say they splurged on an Alaskan cruise?
Posted by greenbean
USAF Retired - 31 years
Member since Feb 2019
6063 posts
Posted on 10/2/23 at 9:28 am to
People act like eating out is some type of constitutional right, a mandate or necessity. Eating out is a relatively new thing in society, only really getting widespread after WW2.

I had grandparents that ate practically every meal at home, save for the occasional road trip where they might have bought a hamburger from sonics.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
464912 posts
Posted on 10/2/23 at 9:33 am to
quote:

Why not?

It’s not like anything really matters anymore.


People outside of the mid-older Millennial generations simply cannot comprehend how shitty our lot has been, in terms of economic opportunity. We've had 2 events that have destroyed earning potential that typically come every 2nd or 3rd generation (like a 100 years event). TWO.

The 2008 crash alone was enough to lower non-economic factors like life expectancy. But then, as this generation was finally recovering and entering the apex earning portion of their career: Covid.

What's scary is the young generation (that doesn't have a name yet) may be a lost generation due to our insane Covid policies with schooling. The lost IQ and developmental delays are not fixable.
Posted by VADawg
Wherever
Member since Nov 2011
47593 posts
Posted on 10/2/23 at 9:36 am to
quote:

Americans Are Still Spending Like There’s No Tomorrow


There is definitely a keeping up with the Joneses aspect to this, but it's undeniable that everyday life is infinitely more expensive than it was 4 years ago. The middle class is running out of money (by design) and are having to start using credit cards just to cover monthly expenses.

Groceries, gas, and power bills alone are responsible for a lot of this.
Posted by jlovel7
NOT Louisiana
Member since Aug 2014
23732 posts
Posted on 10/2/23 at 9:38 am to
Trying to max out a 401K, Roth IRA and HSA versus a lavish vacation

I’m there on 2/3 of these! Working on the 401k.
Posted by jizzle6609
Houston
Member since Jul 2009
17392 posts
Posted on 10/2/23 at 9:48 am to
quote:

People are racking up CC debt. Currently it stands around $1.031 trillion. This is first time it's topped the $1 trillion mark.


Hammertime
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
135302 posts
Posted on 10/2/23 at 9:49 am to
It's by design. The govt wants you in debt as much as possible so they ultimately control what you do.

Thank a democrat.
Posted by ruzil
Baton Rouge
Member since Feb 2012
18132 posts
Posted on 10/2/23 at 9:52 am to
quote:

quote:
Josh Richner says he greatly lowered his retirement contribution to afford a cross-country trip that included a $7,000 Alaskan cruise so his family could see the ice caps, which have been melting at a rapid clip.




Posted by OweO
Plaquemine, La
Member since Sep 2009
119957 posts
Posted on 10/2/23 at 9:58 am to
quote:

First, he bought a $1,600 Taylor Swift Eras Tour t


For himself?

To a certain degree and this has been an issue way before social media, people keeping up with the Jones but I wish there was numbers on increase in emotional purchases by year.. I would bet it would start to increase in the early 2010s and then increase every year from that point.
Posted by TankBoys32
Member since Mar 2019
3962 posts
Posted on 10/2/23 at 10:01 am to
This is definitely true for me but I’m not blowing all of my savings or anything that drastic.
Posted by Dixie2023
Member since Mar 2023
4581 posts
Posted on 10/2/23 at 10:04 am to
My best friend lives like this. Good job, good salary. But she spends her money living life and traveling. It helps they fly fee bc of her fiancées hub, and one day they will each inherit their parents’ homes. She says why pour it all into savings when we don’t know the future, and is fine with whatever her company places into her 401k. Maybe she’s the smart one.
Posted by Meauxjeaux
102836 posts including my alters
Member since Jun 2005
45654 posts
Posted on 10/2/23 at 10:13 am to
If you wanna know how phenomenally good the Trump! years were, it’s right here in this piece of that graph.

Posted by Hangit
The Green Swamp
Member since Aug 2014
45220 posts
Posted on 10/2/23 at 10:19 am to
quote:

I hope the ship sinks


I find myself keeping up with the Jones on this.
Posted by blueridgeTiger
Granbury, TX
Member since Jun 2004
22013 posts
Posted on 10/2/23 at 10:20 am to
Cancel young adults' credit card debt NOW!
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
31432 posts
Posted on 10/2/23 at 10:20 am to


Sent from vacation in Milos

My retirement contributions have been ticking away as normal, though
Posted by OweO
Plaquemine, La
Member since Sep 2009
119957 posts
Posted on 10/2/23 at 10:24 am to
quote:

I hope the ship sinks


I've said I would never go on a cruise and in June I will be going on one that will be going to Canada and Alaska. But $7000? They must have planned that bitch without even doing research on when to book what and promos, etc. Either that or he was paying for a bunch of shite he probably will not even use.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
53509 posts
Posted on 10/2/23 at 10:25 am to
quote:

First, he bought a $1,600 Taylor Swift Eras Tour ticket and then he spent $3,500 on a bachelor party trip to Ibiza, Spain.


I admit to eating out a bit too much and taking the occasional weekend hiking roadtrip, but good lord this guy is just an idiot.
Posted by Pedro
Geaux Hawks
Member since Jul 2008
38021 posts
Posted on 10/2/23 at 10:27 am to
quote:

The couple booked the trip only a few weeks after Lindsey, 37, quit her job to be a full-time caregiver to their 8-year-old son, who has special needs.
I mean how fricking stupid can you be?
first pageprev pagePage 3 of 7Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram