Why I am leaving the US...

[mrstickball]

sethnintendo said:

Kasz216 said:

sethnintendo said:

@Kasz, so do those stats take into account any personal debt.  Someone can be considered above poverty line due to job but in head over heals in debt.  Those stats prove nothing cause debt isn't considered.  I was stating that debt controls people.   Most people work in dead in jobs barely getting pay increases while the CEOs get huge increases.  It is like Congress giving themselves pay increases each year for doing nothing (sure some CEOs actually do things but I highly doubt they deserve the wage increases they get compared to their workers that help the company the most).

So... the stats don't count because debt isn't included... and most people are in dead end jobs with lots of debt.

You do see where you are greatly contradicting yourself there, right?

For some more stats.

The average household makes about 50,000 a year.  Do you really consider $50,000 or higher dead end if most people are making that?

If average household is only pulling in 50k yea I consider that dead end.  50k per year for two people working full time isn't shit in USA.  You can't even support a family without relying on government with that wage.  I make barely over 20k per year.  I would hate to imagine if I had a kid.  50k / 2 is 25k per year.  That is barely over 11 dollars a hour.  With cost of living and other factors included you could barely support 1 child with those wages without relying on the government.

I was raised on ~30k/yr my entire life, so it can work.

Depending on where you live, 50k/yr would do wonders for a lot of people. Its all about your drive and what you decide to do with that $50k that can make you rich, or poor. I doubt my grandparents, with all their wealth, ever earned anywhere near that (1 parent income household).

Heck, my fiancee and I earn ~40k/yr, and we've managed to buy an apartment complex and a house for rentals in a few years, despite paying most regular bills, and me earning $8.00/hr for awhile, and having part time work for a few years...So I am going to say that your absolutely wrong when it comes to arguing that 50k is dead end. You must be horrible on budgeting as not to survive on 50k/yr.

$50k/yr is $4,166 a year. Take out 25% taxes, and you have $3,125 a month.

$3,125 a month could be enough to be a millionaire upon retirement if you were smart. Question is, if you really would want to do what's needed to use that money smartly.