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Senator Bernie Sanders Report Warns Nearly Half of Older Americans 'Have No Retirement Savings'
(www.commondreams.org)
this post was submitted on 01 Mar 2024
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Regular Americans are struggling to survive in a nightmare dystopia. News and weather at 11.
Not surprising that a lot of boomers got left behind. The American system is designed to grind everyone to zero with overwhelming debt to keep everyone working at nonliving wages.
Making sure income can’t match debts is a form of wage slavery. Company towns with mines back in the day. This current “economy” is that bullshit on steroids.
Marketing and the media are also to blame. We're constantly bombarded by advertising and people telling us that what we have isn't enough. We're so status conscious and aware if how much is out there that they have us chasing dreams straight into massive debt.
I'm in my 50s with no savings. It isn't lifestyle or marketing driven though. I just have had very few years where we had any extra. Also three teenagers and the price of food is killing me, cost of cars too. It's just surviving that's gutting me.
"It isn't lifestyle"
"Also three kids"
You do realize having 3 kids was a choice right? Some of us choose no kids and can't afford shit still
It's still a bad argument. You should be able to have kids and not starve. The fact that people choose no kids and still starve shows how fucked things are. We are all fighting the same fight, though our positions may be different.
A society in which the poor can’t afford 3 kids and retirement savings is a failed society. I’m not one of those birth rates people but you absolutely should be able to afford to have the replacement rate number of children
Companies spend millions of dollars to influence your behavior and have mountains of studies to prove that it works, but it's your fault if you're swayed by advertising.
Those its "my money and I need it now!" commercials.....devious now that a lot of folks dont have anything saved.