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Originally posted by 6IXSTRINGJACK:
Shill MSM even has people at my work talking about EBT running out.

I just told 'em to remain calm. There's no way that people aren't going to be fed because a bunch of rich asshole politicians are throwing temper tantrums.

They are among the worst people who ever lived, sure, and they don't give a shit about anybody but themselves, but all of their re-election chances are going to be extremely low if they cause a nationwide catastrophic event by cutting everyone's food stamps.

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Originally posted by second:
Government shutdown exposes a harsh truth: Most Americans are unprepared for the next recession.

Almost 57.8% of Americans have less than $1,000 in savings.

How far can families go if one or two income earners lose their jobs? With 57.8% of Americans having less than $1,000 in savings and the next 15% having less than $5,000, I submit: Not very far.

78 percent of American workers say they’re living paycheck to paycheck, according to a 2017 report by employment website CareerBuilder.
http://press.careerbuilder.com/2017-08-24-Living-Paycheck-to-Paycheck-
is-a-Way-of-Life-for-Majority-of-U-S-Workers-According-to-New-CareerBuilder-Survey

The government shutdown serves as a preview for what will happen once unemployment rises from 50-year lows.

Fortunately for those affected by the shutdown, they have back pay to look forward to when the shutdown ends. The future unemployed will not have any such certainty, and with little to no savings to fall back on, they are playing with fire.

More at www.marketwatch.com/story/government-shutdown-exposes-a-harsh-truth-mo
st-americans-are-unprepared-for-the-next-recession-2019-01-22

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

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Originally posted by 6IXSTRINGJACK:

lol

Is this news to you, perched upon your ivory tower?

Do Right, Be Right. :)

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Originally posted by 6IXSTRINGJACK:

I learned the lessons that careerbuilder.com and marketwatch.com are trying to impart in 2019 all the way back in 2001-2005.

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. . . the addition of the second earner has created an increase in downside risk by eliminating an implicit insurance policy that families used to rely on.

Bad things have always happened to families from time to time. In a traditional two-parent, one-earner family, there was always the possibility that mom could step up and help out when trouble arose.

. . . if a family member got sick, mom was available as an unpaid caregiver. “A stay-at-home mother served as the family’s ultimate insurance against unemployment or disability — insurance that had a very real economic value even when it wasn’t drawn on.”

A modern family where mom is already working has no “give” and is much more likely to be pushed into bankruptcy by job loss or family illness unless it builds up a BIG financial cushion by saving most income from the second job, rather than spend it all.

But most families, of course, didn’t build up big financial cushions. The main savings vehicle for the American middle class was the owner-occupied home in the good school district. But the only way to tap that asset is to sell it . . .

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Originally posted by THG:
Congress controls the purse strings. There will be no new money for the wall. Security yes, money spent where it's needed and actually does some good, but no money for the wall.

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Originally posted by JEWELSTAITEFAN:
I am disappointed but not surprised that Trumpy Bear caved on the State of the Union Address.

It seems like many have overlooked the fact that Trump does not need to sign any Legislation for it to be enacted. Enough votes in both Chambers can render Trump irrelevant.
So The Speaker-in-Hiding is arguing with the Senate. Or else the snakes in her head.

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Originally posted by THG:
Congress controls the purse strings. There will be no new money for the wall. Security yes, money spent where it's needed and actually does some good, but no money for the wall.

T

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Originally posted by second:

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Originally posted by 6IXSTRINGJACK:

I learned the lessons that careerbuilder.com and marketwatch.com are trying to impart in 2019 all the way back in 2001-2005.

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If a majority of Americans learned those lessons, it would be a very different country than what it is. With all that savings and investing, we would have workable plans to build Firefly's 'Verse in the next century. Or maybe just a Firefly Class 03-K64 spaceship instead of SpaceX's reusable rockets. Or at least there would a trilogy of Firefly movies after it was cancelled at the end of 5 seasons.

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Originally posted by 6IXSTRINGJACK:

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Originally posted by second:

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Originally posted by 6IXSTRINGJACK:
I learned the lessons that careerbuilder.com and marketwatch.com are trying to impart in 2019 all the way back in 2001-2005.

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If a majority of Americans learned those lessons, it would be a very different country than what it is. With all that savings and investing, we would have workable plans to build Firefly's 'Verse in the next century. Or maybe just a Firefly Class 03-K64 spaceship instead of SpaceX's reusable rockets. Or at least there would a trilogy of Firefly movies after it was cancelled at the end of 5 seasons.

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Agreed.

I sometimes get annoyed that almost nobody else does this, even people I know personally who are in a position to do so.

But then I have to sit back and remember that nobody is taught shit about managing their money and budgeting in school and that we live in a society where our own Government is horrible shepherds of wealth and terrible role models, on top of the fact that every time somebody watches TV they're being brainwashed by ads telling them that in order to feel good about themselves they need to buy (insert whatever is being sold here).

Do Right, Be Right. :)

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