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re: Is The Economy really bad?

Posted on 8/25/25 at 11:16 am to
Posted by LSU1SLU
Member since Mar 2013
8158 posts
Posted on 8/25/25 at 11:16 am to
my fault bro
Posted by HouseMom
Member since Jun 2020
1933 posts
Posted on 8/25/25 at 11:16 am to
quote:

WF is kind of a luxury, so it would def not be crazy busy if people were struggling.


Whole Foods actually accepts "food stamps" which irritates me to no end. We don't shop there often because it's so expensive, but we're slaughtered by taxes every year so other people can.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/25/25 at 11:19 am to
quote:

Many people would have money if they simply ate "in" more


Maybe. Hard to say

quote:

and didn't upgrade phones and plans everytime a new one comes out.


$20/month isn’t the deciding factor whether you have money or not

Some of the dumbest shite I’ve ever read

quote:

A company I used to work for helped low income people find housing and it was amazing to me that they always had the latest phones/plans and ate out every meal and couldn't understand why they had no savings for a house.


Ok, now do the non extreme cases
Posted by AwgustaDawg
CSRA
Member since Jan 2023
14042 posts
Posted on 8/25/25 at 11:24 am to
The economy is fine. Its not blistering hot, which is a good thing, and it is not cold, also good. Its about where it ought to be. Housing, education and healthcare are still insanely expensive and making many people's personal economies look and feel like shite but generally speaking its pretty good.
Posted by Penrod
Member since Jan 2011
55403 posts
Posted on 8/25/25 at 11:29 am to
quote:

This is just objectively untrue. You’re trying to argue against math. fricking wild

You claim math and logic, but this is
quote:

just talking out of your arse

quote:

both in absolute value and as a percentage, are pursuing STEM degrees than ever.

This is not the ratio that matters. The point is that we have a large cohort of people who have valueless degrees. Your point would be valid if the percentages of people getting degrees had remained constant. It has not. In 1980 18% of folks 25 and over had a college degree. In 2020 it was 37%. Even a blowhard like you can see that the percentage of college degrees that are STEM could increase, while both the percentage and the absolute value of people getting useless degrees could go up. And indeed that is what happened.

I’ll add that a STEM degree isn’t necessarily very useful. We’ve seen (I recruited engineers for almost 30 years) a proliferation of HBC STEM degrees issued to people who should be working as baristas at best.

The statistics have to be carefully parsed to be meaningful. What I see with my own eyes is that the young people who are responsible, who don’t goof off excessively. who don’t try to lead extravagant lifestyles, are doing quite well. This includes those with useful college degrees and those who went the blue collar route.

I’m sure you’ll revert with a passel of insults, because that’s your style, and the style of mouth breathers everywhere.
Posted by AwgustaDawg
CSRA
Member since Jan 2023
14042 posts
Posted on 8/25/25 at 11:31 am to
quote:

Because they think a $6 Starbucks a day + $3 Celsius drinks a day +15 lunches everyday and Doordash at night are "normal"



Seriously people lost their minds during 2020. Ordering a pizza to be delivered prior to 2020 was pretty normal and most people only did it occasionally....the damned door dash and uber eats and walmart delivering groceries in our neighborhood starts around 6 AM and ends about 2 AM...and the amazon trucks work overnight delivering shite. These are young to young middle aged military families mostly....not making a huge amount of money but living in 4000 sq foot houses that cost around $600K with a power bill pushing $800 a month, 2 new $60k cars, possibly a boat and a camper...and the complain constantly about being broke and how shitty life is and how inflation is killing them. Most of them will spend $10k on a family vacation and bitch about all year while planning the next one, not to mention the $2k 3 day weekends and $1k overnight camping trips....if youre carrying $10k in credit card debt at 26% interest yes, the economy sucks....your economy....
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/25/25 at 11:33 am to
quote:

The point is that we have a large cohort of people who have valueless degrees


And still make more than those without a degree at all, on average

quote:

Even a blowhard like you can see that the percentage of college degrees that are STEM could increase


You still don’t understand math. Tough scene

quote:

I’ll add that a STEM degree isn’t necessarily very useful.




quote:

The statistics have to be carefully parsed to be meaningful.


True

quote:

What I see with my own eyes is that the young people who are responsible, who don’t goof off excessively. who don’t try to lead extravagant lifestyles, are doing quite well.


And then gives a useless anecdote in the very next sentence. Can’t make this shite up
Posted by AwgustaDawg
CSRA
Member since Jan 2023
14042 posts
Posted on 8/25/25 at 11:34 am to
quote:

Come to find out he spent 35 dollars on Taco Bell DoorDash . Taco Bell is 3 miles down the road.



With our daughter its Chick Fil A. A $10 meal costs $15 because she is too busy staring at her phone to drive her car the mile and a half to chick fil a. It ain't her fault, she learned by observing, but she makes about $100 a month LOL...her mother and I make about $150....
Posted by TigersHuskers
Nebraska
Member since Oct 2014
15523 posts
Posted on 8/25/25 at 11:35 am to
quote:

20/month isn’t the deciding factor whether you have money or not

Some of the dumbest shite I’ve ever read


You're arguing with boomers and cuspy gen Xers who bought houses in the 90s.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
139319 posts
Posted on 8/25/25 at 11:42 am to
If you think that was extremes and not the norm, then you obviously do not know people very well.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
40316 posts
Posted on 8/25/25 at 11:46 am to
quote:

Doom spending" is a better example, but the whole "paying for experiences" stuff really ramped up after the impacts of the 2009 crash were felt by millennials.


pitbull made a career singing to that generation

go to the club, find some girl, drop your rent money on bottles
Posted by Lexis Dad
Member since Apr 2025
6399 posts
Posted on 8/25/25 at 11:48 am to
quote:

TigersHuskers

You still think Peyton won a national championship IYO?
Posted by Penrod
Member since Jan 2011
55403 posts
Posted on 8/25/25 at 11:48 am to
quote:

Even a blowhard like you can see that the percentage of college degrees that are STEM could increase


You still don’t understand math. Tough scene

Mingo, I’ve seen you post enough to know that even though you rely too much on ad hominem attacks, you are too smart to make me go through the following tedious proof that you are wrong, but here goes.

Let’s assume that in 1980 and 2020 there are 100 Americans over 25.

In 1980 there are 18 with college degrees, and in 2020 there are 37. In 1980 6 have “useless” degrees and in 2020, 8 have useless degrees. We see that the percentage of college graduates with useless degrees is lower in 2020 - 21% as opposed to 33%. But the percentage of people with useless degrees INCREASED from 1980 to 2020 - 6% to 8%.

This is the concept you seem to be struggling with that made you say I still don’t understand math. Alas, you are the one with the math challenges.

You double-laugh at the point I made that there are a lot of people getting STEM degrees from HBCs who are useless as engineers. Well, double-laugh all you want, just DO NOT try to cross a bridge designed by one of them, because many do not know that force equals mass times acceleration. I assure you of this, because I have worked with some of them. Many of these end up out of the business because they are useless.
Posted by TideCPA
Member since Jan 2012
14113 posts
Posted on 8/25/25 at 11:48 am to
quote:

The houses we bought were actually starter houses. Young people today want to start out in houses that are as nice as their parents’ current homes. In fact, contractors hardly build what we used to call starter homes. Is that because there is no market for them?
Starter houses are no longer economically feasible thanks to increases in the fixed cost of building a home (namely permitting, fees, taxes, etc.) and because constructs costs are non-linear.
Posted by cbree88
South Louisiana
Member since Feb 2010
10479 posts
Posted on 8/25/25 at 11:49 am to
quote:

Lot of people struggle at any decade in life and think just because they are struggling, that means the economy is shite. Which is usually not the case. They are just struggling.


Correct. Good post, sir. You avoided all the emotional nonsense and political rhetoric.
Posted by cbree88
South Louisiana
Member since Feb 2010
10479 posts
Posted on 8/25/25 at 11:51 am to
quote:

Well, double-laugh all you want, just DO NOT try to cross a bridge designed by one of them,


Right, bridges are just collapsing every day all over the place, aren’t they?……..
Posted by Funky Tide 8
Bayou Chico
Member since Feb 2009
56843 posts
Posted on 8/25/25 at 11:54 am to
"struggling" is kind of subjective.


What is indisputable is that inflation/cost of living has skyrocketed in the last decade +, and wages have been left in the dust. Its pretty simple.
Posted by RT1941
Member since May 2007
32059 posts
Posted on 8/25/25 at 11:54 am to
quote:

I have 0 sympathy right now. If you are poor you are lazy. If you are broke, you are just great at making bad choices over and over and over.
I feel the same way.

The majority of people in this country need to make lifestyle changes. Until they do, they will remain poor, broke, in debt and they'll pass those traits on to the next generation.
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
39580 posts
Posted on 8/25/25 at 11:56 am to
quote:

What is indisputable is that inflation/cost of living has skyrocketed in the last decade +, and wages have been left in the dust. Its pretty simple.


Yep

And no amount of anecdotal nonsense will change that
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/25/25 at 11:58 am to
quote:

If you think that was extremes and not the norm


By definition low income would be at the lower extreme
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