this post was submitted on 12 Apr 2024
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Saving what, exactly? The problem is that people arent able to maintain a standard of living, meaning they can't certainly can't save.
Or in simpler terms, things are becoming so expensive that they are forced to decrease their standard of living to meet their needs. This isn't a personal finance issue.
Question is, was that standard of living with in their means in the first place, Americans are in 1 trillion of credit card debt. That's insane to me, we have a spending problem that is now seemingly worse because everything is expensive.
Do you know what the majority of debt in this country is? Health care.
Get sick, go broke.
They’re using credit cards to buy essentials like groceries and gas.
We don’t have a spending problem, we have a wage problem. And people like you blaming the poor for the circumstances that people like you put them in is gross
That sounds like we have a Health cost problem. No reason for some meds to cost so much. We also get meds advertised to us, so they spend some money on that instead of lowering prices. Our health system I agree sucks.