this post was submitted on 07 Apr 2024
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US Authoritarianism

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[–] Dagwood222@lemm.ee 41 points 7 months ago (9 children)

Look up 'Hell's Angels" by Hunter Thompson.

There's a chapter in the book where he talks about the economics of being a biker/drop out/artist circa 1970.

A biker could work six months as a union stevedore and earn enough to stay on the road for two years. A part time waitress could make enough to support herself and her musician boyfriend.

Or, to put it another way, in 1960 minimum wage was $1.00/hour and the cost of the average home was $11,000.00. A burger flipper could get hired on high school graduation day and be a home owner in 20 years without ever getting a raise.

[–] Anticorp@lemmy.world 9 points 7 months ago (20 children)

You can still be a nomad at today's wages. I have a friend who works for a school year as a teacher, and then travels extensively for a couple of years. He lives like a nomad though, no fancy hotels or accommodations. That's what the Hell's Angels did back then too, in addition to plenty of additional illegal activities which provided them extra funding.

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[–] Ultragigagigantic@lemmy.world 30 points 7 months ago (1 children)

"Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.”

― Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations

[–] Zehzin@lemmy.world 6 points 7 months ago

Sounds like commie talk to me, this guy should read Ad- Wait a minute

[–] HawlSera@lemm.ee 25 points 7 months ago (5 children)

My idea of becoming rich isn't a fancy mansion.... It's having enough for all of my essentials and having plenty left over...

Ya know, what used to be normal?

[–] GoodEye8@lemm.ee 12 points 7 months ago

I hate that we consider that rich. Being able to have a normal home, food on table and a bit left over for rainy days shouldn't be considered rich, it should be the baseline for everyone.

[–] AFaithfulNihilist@lemmy.world 8 points 7 months ago (1 children)

I wish I could both afford to have health insurance and afford to go to the doctor. I can't even afford to get insurance on my car and the health insurance cost 20% of my income but has a $2,000 deductible? What the fuck?!

[–] HawlSera@lemm.ee 16 points 7 months ago

Deductibles should be illegal it's like "I have insurance, but not really"

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[–] sanpedropeddler@sh.itjust.works 21 points 7 months ago

Stupid poor people. Simply be born wealthy, its not that hard.

[–] lemmylem@lemm.ee 20 points 7 months ago (8 children)

It appears that the claim that half of Americans make under $35,000 is not accurate. According to the U.S. Census Bureau, the median personal income in the United States for 2022 was $40,480​ (FRED - https://fred.stlouisfed.org/series/MEPAINUSA646N)​. Additionally, data from DQYDJ shows that at the 40th percentile, income was approximately $58,001, suggesting that less than half of the population earns under $35,000​ (DQYDJ – Don't Quit Your Day Job - https://dqydj.com/average-median-top-household-income-percentiles/)​.

Furthermore, the median household income was reported to be $74,580 in 2022, a figure that significantly exceeds the $35,000 threshold​ (Census.gov - https://www.census.gov/library/publications/2023/demo/p60-279.html)​. This indicates that the median individual and household incomes in the U.S. are both higher than $35,000, disproving the initial claim.

[–] Spaceballstheusername@lemmy.world 17 points 7 months ago (1 children)

Only 46% of the population are working. https://www.minneapolisfed.org/article/2022/whos-not-working-in-the-us-learn-the-basics So technically, technically the quote is correct. The stat you are quoting is the median salary of someone working full-time is $58,001. So it leaves out all those people un and underemployed or who just gave up on joining the workforce. Idk where you got the 40,480 because your link just goes to a broken link. Millennials are also making less money are less likely to be married and have higher unemployment numbers than gen x so our numbers would be more screwed than the overall median which is what the original tweet was referencing when saying stop asking us about buying houses or having kids.

[–] droans@lemmy.world 4 points 7 months ago* (last edited 7 months ago) (1 children)

Only 46% of the population are working.

Shouldn't you be taking out children, students, retired people, and those who are unable to work?

The number is 76% if you only look at people aged 25-54.

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[–] blusterydayve26@midwest.social 13 points 7 months ago (1 children)

If the median household income is 75k, assuming dual-income, then that’s probably where the 35k comes from: 75k/2 = 37.5k.

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[–] Maggoty@lemmy.world 12 points 7 months ago

You're mixing measurements. Household != Individual.

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[–] general_kitten@sopuli.xyz 18 points 7 months ago

Surprise! People with no money dont spend money on stuff :O

[–] RIP_Cheems@lemmy.world 18 points 7 months ago (6 children)

How the fuck is anyone alive?

[–] tamal3@lemmy.world 17 points 7 months ago

Dual income, no kids, live in a basement.

[–] MNByChoice@midwest.social 15 points 7 months ago

Lots of roommates and/or a low cost of living location. Food and utilities are not much. Skip medical care, or just didn't pay for it.

[–] Maggoty@lemmy.world 12 points 7 months ago

Multi generational housing is back.

Also somehow that's true and a housing shortage is true at the same time.

[–] UnderpantsWeevil@lemmy.world 6 points 7 months ago

Parents filling in a lot of gaps

A lot of distractions are cheaper now. Movies. Books. Steam sales. Social media is free.

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[–] multifariace@lemmy.world 9 points 7 months ago

If they paid a living wage to all their employees, how could they afford all the lobbying and advertising?

[–] tory@lemmy.world 9 points 7 months ago* (last edited 7 months ago) (4 children)

The figure referenced in this tweet is likely referring to the 2021 net compensation chart we saw making the rounds a few weeks back. Indeed, it's correct, ~50% of all Americans made less than 35k per year in net total compensation in 2021.

In 2022, that figure rose to ~40k. So the trend is going in the right direction, at least. And IIRC, the chart does include teenagers, college students, people working part time or underemployed, etc.

[–] dejected_warp_core@lemmy.world 9 points 7 months ago* (last edited 7 months ago) (1 children)

Shower thought: What if the journalists drawing attention to these problems are using twisted headlines to get the message past the same corporate masters? That the very voice of media is under the same yoke, struggling to get the word out?

Edit: So you change "Wage theft at all time high" to "Millennials claim fast food too expensive" to at least get people talking.

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[–] Ignacio@kbin.social 8 points 7 months ago (5 children)

That's half of United States rather than half of America.

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[–] tooLikeTheNope@lemmy.ml 5 points 7 months ago (1 children)

Yeah but I'd also start start asking why you're still voting Trump and believing he can be anyhow beneficial to your cause, or is that the other half making >35k a year who evidently then must have subconsciously self-organized like a swarm to unanimously vote for him?

[–] humbletightband@lemmy.dbzer0.com 4 points 7 months ago (1 children)

I am no from the US, I don't understand US, but probably you people vote for Trump because he promises something new

[–] FlaminGoku@reddthat.com 7 points 7 months ago (1 children)

It's not new anymore. Totally get the first time through, but not this time.

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