You do understand that alot of people are makeing less than they need to survive right?

"or dont spend more than you earn"

Sounds easy right? but what if you cant find any place cheaper to live? or spend less on food?
Should they become homeless? and just stop eating?

Like thats what its like for the poorest, they have no choice but to live off loans, as these studies suggest.
But rather than help the poor, lets give tax breaks to the top 1% richest in the country right? or spend $700 bn on military?

Everyone lives off of loans lol. I didn’t have cash to pay for my house or car. My financing is manageable. I don’t buy shit I can’t afford. 

It's curious to see american talking about the minimum someone needs to live.

Like the person needs to live in a expensive city, have big TV and relatively new car, etc.

The people who complain are ignorant to how truly awful it can get out there. They only know or care about their own situation. Why can’t I get ahead in New York City?! I can’t make a livable wage in NYC! I need more assistance, have you no compassion?! Must be the 1%.

Yep... there are trully miserable people even in USA, but a very big bunch of the ones on this 40% negative income wouldn't be in that if not by own choice.

A lot of them were taught to think this way, that the world owes them something. It’s not entirely their own fault, it’s a failure of public and higher education in the states. I’m in that 40%, I have debt and bills but it’s not a big deal. I just work and pay my bills lol. 

I wasn't criticizing opinions, I was criticizing the overabundance of rhetoric.  The difference seems pretty damn obvious.

Regardless, I did have the intention of discussing this but then I realized it would probably be futile mixed in with the "it's your side's fault" comments.  The person who says "it's both side's fault" might as well be shouting into a hurricane.  Even more futile is the idea that the situation is going to be addressed seriously.  Big money interests run the government and until it benefits them to change the way the economy operates--or it crashes and burns with them inside--researchers can talk about this until they are blue in the face.   The banks are the overlords Genghis Khan dreamed of being.

The drive for short-term profit over long-term stability in the financial sector is overwhelming the average citizen.  The highest sources of debt are growing much faster than median income.  Student loans and medical bills are out of control.  Rising interest rates on top of heavy debt have turned it into a crushing burden that people can't claw their way out of.  

Of course, it's also true that the average person is absolutely terrible at managing their finances.  They're being offered loans and credit cards that they shouldn't be offered and taking them without realizing the consequences.  At my last job, I had a few entry-position people ($8.75 an hour) teasing me for driving an old car (2005) because they had new Camaros and full-size pickup trucks.  Unnecessary purchases are the biggest source of credit card debt and the average household pays an obscene amount each year just in interest.  

So, a lot needs to change, from the lending infrastructure to the way people use their income.  The systems that are causing the most ridiculous debt, like college loans and medical billing, obviously need to be overhauled.  Everyone in the world can see that what we have now is killing us in more ways than one.  There shouldn't be a politician in Washington who isn't working on finding a real and meaningful solution.  The affordability of housing is also becoming a serious problem.  At the very least, the cost of living should not consistently gain on pay rate increases. 

This is a multifaceted problem.  The last thing we need are people pointing fingers and making excuses.

It's curious to see american talking about the minimum someone needs to live.

Like the person needs to live in a expensive city, have big TV and relatively new car, etc.

Is that really what you think the poor are demanding?  Expensive city living, bit TVs and a new car?