Slowly Being Driven To EXTINCTION! Death of The Middle Class

A lot more people in the United States think they are middle-class then probably who actually are middle class. When you narrow it down to the people that actually have all the attributes that make you middle class only about a third of all Americans possess all of these traits. The big problem, though, is that the economy needs the middle class in order to thrive and as the years go by the middle classes slowly being driven to extinction
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[@MichaelBordenaro]

Homeowners OUTRAGED! Property Taxes DOUBLING! kzbin.info/www/bejne/eHbVp36vhr2lbNU

[@parns8304]

In CO, my property tax rose 55% got the bill yesterday. Insurance broker told us to sit down before we open our home owner insurance renewal, as we may see a double to triple increase. We should see that in about 2 months. We had a FEMA natural disaster in our area 2 yrs ago.

[@hilairetucker]

This (Property Tax Increase) is happening in Toronto, Canada. They are granting relief for people that are over the age of 60 that meet specific requirements. I do think you may be right about the rate hikes possibly not going to happen. This time last year, the Bank of Canada told the public that there would be no rate increases but they did in both February and March. This year they give hope again, which will probably trick people into rates and terms that they wish they hadn't taken. Historically, data will prove that it takes a few years after rate hikes for them to start going down by 25/50 basis points incrementally over a number of years. Though the after the market crash of 2008, it reshaped that need for consumer spending by dropping the rates at a faster than usual pace.

[@amyhudson1016]

Michael, supermarket prices in Australia have gone up 20% in the previous three years. Prices in the previous decade (2010 to 2020) went up just 8% over the ten years. Something is crooked and between our governments and WEF, we are all under attack. Keep talking about this.

[@AceRamone]

Report on how many people are at or below the poverty level

[@TimeToBeKind]

I just found a house that is being sold in bids. March 2nd. It has been on the market for 6 months, listed at $417K and down to $379K. As of today, it’s listed as a very low starting bid, exactly like eBay.

[@DianaCarolinaGirl22]

George Carlin tried to warn us. "That's why they call it the American dream, because you have to be asleep to believe it."~G.Carlin

[@gregholman2930]

Awesome Quote, Spot On!

[@chevyiceraw]

Lol😂. If you are not asleep, you would want to be.

[@straighttru7376]

Don't get me started about your FKN RIGHTS! 😂 George Carlin

[@Evilslayer73]

Indeed

[@Dre2Dee2]

George Carlin had rich parents and came from a rich family, he's one to talk

[@nicolasbenson009]

Building wealth from nothing involves consistent saving, disciplined spending, and strategic investments. Begin by creating a budget to track expenses and identify areas for savings. Prioritize paying off high-interest debt and establishing an emergency fund. As you build a foundation, start investing in low-cost options like index funds, and focus on continuous learning and improving your skills for better income opportunities.

[@Michaelparker12]

Impressive insights! For beginners like me, managing and staying updated can be overwhelming. Are you an experienced investor or do you have a strategic approach for staying informed?

[@tatianastarcic]

Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.

[@berniceburgos-]

That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?

[@tatianastarcic]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five aiyears now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@BridgetMiller-]

Thank you for the information. I conducted my own research and your advisor appears to be highly skilled and knowledgeable. I've sent her an email and arranged a phone call. Her expertise is impressive, and I'm eagerly anticipating our conversation.

[@mariekatherine5238]

Grew up middle class, but never made it out of lower class. Despite a college degree that I worked my way through, I answer “no” to all the questions. Now, I’m 73, still working at whatever jobs I pick up that I can do. I will never retire. I’ll work until I drop and hope I don’t live much longer after that. I have no family left. Still, I know I’ve done much good in my life, and I continue to try and help others.

[@lro001]

Respect to you.

[@Dowell318]

Why didn't you save your money and get some Bitcoin? You could have found your way out of the rat race if you'd have done that.

[@rebeccazegstroo6786]

Bitcoin has shot up and crashed down. Time it wrong and you're worse off than before.

[@SqueakyChase]

I'm 61 and retired. A lot of boomers partied like it was 1999 back in the day....lived like there will be no tomorrow. Well, here we are, 'tomorrow'. Fortunately some of us boomers lived cautiously, saved and invested what little we could as we went along. EVERYONE that isn't wealthy has a sad story of why they aren't wealthy. Snot, bubbles, tears and gaslighting have zero effect on me. I'm sure you had some really fun years in your life and now it's time to pay the bar tab.

[@supernova11711]

@@SqueakyChaseAnd what was the point of all of that? Just to brag that you’re better off than someone else and kick them when they’re down? Pretty immature for a 61 year old. You have absolutely no idea what this man has been through during his life. Get lost.

[@marblox9300]

With a Bachelors Degree in a good field - my lifestyle with no kids is less than my parents who somehow raised 3 kids, had a house, and a Newer Impala.

[@215618680]

Yes, well spoken. I have more education, saw the world in a better career and made more money than my dear departed father did yet I cannot afford a home in the town that he raised me and my two sisters!

[@jamiedoyle449]

I think there is a typo in your comment. Don’t you mean your lifestyle is more than your parents, not less?

[@marblox9300]

@@jamiedoyle449 No, it is crappier - hope that clears it up for you.

[@susanarsoniadou]

The resource base is dropping...If you cannot afford things now ,wait and see what will happen ten years from now.

[@youngyhasard3219]

Non , ne dit pas cela. C est déjà pas mal pour vous avoir des diplômes NE vous sous estime PAS . BRAVO À VOUS

[@pensacola321]

Middle class is now working class. There really is no so called " middle class".

[@danielle1103]

A husband used to be able to go to work leaving his wife and children at home. They had money for food. They owned their own house. There was no need to worry with only one individual working. That was then and this is very sadly now. It’s not like that anymore and it’s devastating. Life shouldn’t be this hard: why have we made it so difficult?

[@Sammy-il1qf]

​@danielle1103 In Australia, it's definitely price gouging. Pure greed. Each month I the food prices increase. 😢

[@gertrudewest4535]

And the working class is now the slave class

[@gregholman2930]

Because people keep doing the same thing over & over expecting a different outcome, meaning that the majority of the voter's (or so we're led to believe) continue to vote for the Democratic party when It's the Democrat's policies that are and have been for many decades detrimental to the middle class. Democrats crave higher taxes & increased regulations to help pay for their socialistic welfare state. But as the late Maggie Thatcher, Prime Minister of the UK was famous for saying "Socialism is only fun & dandy as long as other people's money is available, but when that pot of gold has been emptied then the music stops & everybody collects their hats & coats & starts heading for the door. @@danielle1103

[@yukonstriker1703]

​​@@danielle1103ABD (All By Design) Make it sound lucrative for woman to enter the workforce which now creates dual tax income for Government while same Government indoctrinates the children via 'public education '.... All part of the plan to divide. Division of the 'family unit' .

[@Alex-jx5bx]

It is hard to call yourself middle class if you cannot afford basic home anymore

[@amrice62]

The tiny house was grooming

[@Alex-jx5bx]

@@amrice62 more likely cardboard tiny house😁🤣

[@wanda520]

The “ basic home “ in the 20 th century is very different from homes today.

[@Alex-jx5bx]

@wanda520 apperantly not only different but also not affordable anymore by so called middle class 😃🤑

[@av8rgrip]

There are a lot of people living paycheck to paycheck in my neighborhood and most of them bought more house than they can afford.

[@user-et8sn3hy8r]

Mine and my family's lifestyle is pretty much non existent at this point. Work - Eat - Shower - Sleep - Work. 7 days a week. I guess being able to watch youtube on my phone for 1 hr maybe and having hot water to take a shower is living luxurious in 2024 in today's American.

[@karlstrauss2330]

The American economy is not doing well but all of our accumulated wealth and technology is masking the negative effects of inflation and wage suppression

[@jesusluna1377]

We are many like your family, and it is even harder to decide to eat out there or cook at home.

[@francismarion6400]

Stop voting Democrat

[@jasonknight5863]

Bidenomics at work. You have to work 7 days a week now to afford just the food that goes on the table. Went to Costco the other day. $78 for 4 items. Most people had only 1/4 to a 1/2 a cart. 5 years ago people would have full carts sometimes 2. Wife lost her job. She can’t find another one. It’s worse than the 2009-2012 recession. It’s more like a Depression out there.

[@donmarek7001]

@@jasonknight5863 Neither party wants to cut spending at the federal level. The inflation got going with the trillions created during Covid with Trump and continuing with Biden. I was better off though under Trump.

[@jayf6525]

You know we're in trouble when stores like Dollar Tree, where nothing is no longer a dollar, is expanding their food departments in their stores. And it's all just cheap, fill your belly, survival food.

[@daMillenialTrucker]

Dude a mcdouble where I live in $3.50

[@JohnQPublic345]

My auto insurance increased 4x in a year. I'm 57, no tickets or accidents. Wtf

[@Evilslayer73]

im in the same boat

[@lewisbale1]

Mine increased 2x in year. No accidents, tickets, claims ither!

[@lizacopeland2388]

My insurance for my motorbike and Jeep is $104 and some change because I’m on the save and safe discount plan with State Farm.

[@Avtr44]

Not fair!

[@Michelle-bw1xg]

Mine 2x no other changes I'm in 50s. For anyone who has not shopped an independent agent, I recommend it. They don't all write for the same companies. Some states there is little to pick from but don't give up.

[@jjboohoo9641]

I quit buy snacks because they became outrageously expensive. A bag of frito's $5 bucks I don't think so!

[@gregholman2930]

I'm feeling ya, I saw them same Frito's today myself for over $5 If I recall correctly.

[@philipfrancis2728]

You don’t need them anyway, so it’s a good thing.

[@thirstonhowellthebirdandfriend]

Consider yourself lucky. I saw a study that I think maybe Dr. Berg or one of them did and they said the most toxic of all food on the market would be Fritos! I used to eat them all the time and I stopped because of the maltodextrin, which is supposed to be so bad for you.

[@georgedreher2322]

@@gregholman2930 For some strange reason I had a hair up my ass several weeks ago and bought a bag of Frito's. To be honest, I thought they really sucked. I'll never ever do that again !!

[@scottyoung1489]

I recently purchased 20 huge delicious Oranges for $10.

[@TrueBeliever6491]

Things are a lot worse than ppl know.

[@danielle1103]

Agreed!!!! It doesn’t help that the media propagates, “the American economy is great!!!” No. No the American economy is not great. We are struggling. When ~60% of the American people are living paycheck to paycheck that’s not doing great. That is solely getting by.

[@PatBlot-lm6zx]

Agree. Liberal controlled local TV news in Denver does not tell the truth about these issues Michael discusses.

[@demodiums7216]

@@PatBlot-lm6zx its not just "liberal"

[@lvlv1225]

People don’t pay attention.

[@maxwell4upyours]

You used to be able to put a million dollars into a certificate of deposit and get $1000 a month, possible to live on. Today, to get that same $1000 return, you need to put in $10million. Every avenue of retirement and self sufficiency is escaping from the American public. It is dire.

[@ZodiacEntertainment2]

Gotta love how "having health insurance" is considered middle class instead of a right. If that ain't dystopian, I don't know what is.

[@Dre2Dee2]

Well for 40,000 years the idea of insurance didn't exist, so like all of your values and ideas in general, it was a new idea based on nothing Then you're wondering why it's crumbling like a cheap chinese knock-off

[@jamesjoslin7586]

@@Dre2Dee2Yeah, and people were lucky to live to 40.

[@johndoeboston123]

Interesting trivia: high infant mortality dragged down the average "at-birth" life expectancy in the 1800's. But if you survived _childhood,_ then your life expectancy was comparable with adults today. Most of the small remaining gains were due to sanitation and vaccines (and antibiotics on the margins). Beyond that, medicine doesn't increase life expectancy much. @@jamesjoslin7586

[@GabrielleTollerson]

and the fact that you'd be lucky if health insurance felt like covering your health needs

[@BlackRose369.]

You know, i once took 7 grams cubensis in 2018. I saw myself starving in a ditch, i always wondered if that was a preview of my passing.

[@michaelmohrle1773]

Federal minimum wage for citizens $7.25/ hr. Federal minimum wage for Congressman $176,000 per year.

[@Alex-jx5bx]

This is too

[@user-kq6sh8tg5f]

But why don't they start a massive protest right there in DC about it? But no, they'd rather be protesting for the right for girls and boys to use the same bathroom together!

[@misterbanshee7992]

Even that won’t cut it pretty soon if these rates of living costs continue to explode 😂

[@stanmarcusgtv]

a Fed min wage is dumb on its face - why should OK have the same as NY or CA? and btw, the actual min wage in ZERO, which is what interns get paid because their worth is essentially zero - if they show worth, then they get hired and paid

[@DianaPrinceitiswhatitis]

Congressman don’t do any work they just argue over bs among themselves take bribes from special interest groups and other scandalous people. All while doing nothing for the taxpayers that elected them.

[@CryptocurrencyTheory]

The one that said "ability to pay for a $1000 emergency without worry", That is way too low in my opinion, a $1000 is nothing nowadays.

[@joanneburford6364]

Should be $5K+

[@titolovely8237]

yea $1k doesnt even cover a severe vehicle malfunction+tow. i maintain a $10k emergency fund at all times.

[@user-tk1xd9js1z]

What do you get for $1000 today?

[@Max_Ivanov_Pro]

George Carlin was right, it really is a big club and we're not in it. The struggle is real for the middle class.

[@batman6540]

"The poor are there...just to scare the shit out of the middle class". G. C.

[@deangulberry1876]

Apparently, there’s like 20 million millionaires in America. If you’re not part of their immediate family, you’re screwed. But for those 20 million+ people, life is awesome.

[@Realhastalamuerte1980]

George Carlin and Karl Marx were right, Capitalism is hoax

[@mrsmiley707]

​@deangulberry1876 that's alot of millionaires I wonder what percent of them are freemasons though

[@fastmail55]

And our political 'leadership' constantly shows just how little they care about us.

[@skepticalmechanic]

I’m calling BS on the one percent profit on groceries.. I work for a large grocery store and it’s more like 14%

[@Falconlibrary]

1% is what their creative accountants report to the IRS is more like it.

[@markhissrich2940]

Worked in a grocery store once. The profit margin was about two percent. No way is it 14, except perhaps some certain items.

[@moebanshee]

The middle class is dead. We just haven't had the funeral yet

[@karlstrauss2330]

Not dead, it’s on life support. It can be revived but it’s gonna take regime change in Washington DC for things to improve

[@DianaPrinceitiswhatitis]

Dang

[@truthseeker1959]

@@karlstrauss2330With rigged elections, good luck with THAT…lol.

[@philliplagreco6453]

DC ! Ha! Don’t expect them change anytime soon! Interest rates are a joke

[@215618680]

That is the best cyber comment of 2024.

[@JoelUldrych-kh2sc]

The rich get richer, the poor numbers grow. Middle class, an endangered species. 😢

[@GTAWildestPolicechases]

What does that mean for lower class

[@esteban1487]

by Democrat design

[@quackula9190]

You think the rich are all Democrats? They are neither at the top.@@esteban1487

[@Cmunic8]

@@esteban1487the republicans should get themselves together and run a legitimate candidate 🇺🇸🇺🇸🇺🇸

[@gregholman2930]

They can't choose their candidate no more than the American people, candidates & elections aka 'selections' are predetermined by the Jesuits, Zionist & Illuminati.@@Cmunic8

[@chevyiceraw]

I know of someone who lived aboard for years. She recently moved back because her father is not well. She said the culture shock of returning is so terrible, she has to go through therapy to deal with the extremes. Especially sky high prices, rushing, lack of human connection, and strong reliance on technology here. .

[@cmthomas07]

Don’t worry, it will be worldwide.

[@rolanddeechains2465]

Where was she living ?

[@CabinGirl57]

It’s true! Reverse culture shock is horrible. I’ve experienced it. I understand everything she’s experiencing.

[@CabinGirl57]

It’s true! Reverse culture shock is horrible. I’ve experienced it. I understand everything she’s experiencing.

[@roguesovereignrogue9124]

Zombies

[@marblox9300]

A lot of Americans who have little saved but drive a newer car and have a highly mortgaged house consider themselves Middle. IMO that is Working Poor.

[@joefran619]

Be concerned about yourself.

[@marblox9300]

@@joefran619 < ---- Some Working Poor American who doesn't like to live on his own money - instead lives on bank money and pays the piper every month. Not the sharpest one. LOL.

[@s99614]

The rent is too damn high!

[@MrCPPG]

Then stop voting for proprty tax increases thinking that you're 'socking it' to the landlord.

[@gregholman2930]

Tell me about it, but look at it from the owner's prospective, every time he or she turns around the government is increasing their operating expenses, they have no choice but to pass the cost to you. The politicians thinks that they're screwing over the one with deep pockets but in reality it's the consumer & borrower/renter whichever the case may be that's getting the short end of the stick.

[@roythousand13]

Get a roommate! Problem solved!

[@krzysztofpoznan5226]

Nice roommate should help your financial issues

[@someonenotnoone]

@@MrCPPG Yeah I'm sure the landlord will get right to reducing your rent as soon as their property tax bill goes down.

[@pablo81778]

4 years after the pandemic, I'm still seeing shortages of products that would not be in short supply prior to it.

[@alanheadrick7997]

Shortages = profits

[@amyhudson1016]

Act of suppressing the people. No, I’m not a conspiracy theorist

[@yukonstriker1703]

ABD (All By Design)

[@TheUtuber999]

Remember the toilet paper shortage of 2020? Turns out it never was actually in short supply after all.

[@theboringchannel2027]

@@TheUtuber999 was trump hoarding the TP?

[@mohhingman]

I used to think I was middle class. Could pay all bills and could save a hundred a week. Now it's a struggle, something is always deficient. It has really changed.

[@kurt2022]

Thursday, I drove two hours to go to an antique car junkyard, one of the last around to look for a couple of trim parts for my 1957 Ranchero, in which I didn't find, but oh well. I took a few minutes and sat on the hood of an old car and looked around at all the old cars from the 40's to the 70's that haven't been cremated yet. I thought of the people that drove the cars and how their life was so much better in many ways than today. We produced almost everything we consumed back then before so-called free trade and Nafta destroyed the little people and made the rich even richer. What a sobering moment, and I shed a tear for all we have lost. 3/4er's of the American people were either middle class or upper class back then and bought a new car on average every four years and weren't in fear of going to a doctor and being financially ruined for doing so. People would work and did work back then with very few looking for a handout and would give the shirt off their back to help someone in need. Then I get a distracting notification from my stupidphone, and I know why, people used to want to be anything from a doctor to a factory worker, now most young people want to be a do nothing, internet influencer, producing nothing but garbage.

[@Evilslayer73]

Globalism+socialism=decadence

[@ZodiacEntertainment2]

You have an unrealistic and romantic view of the past that is clouding your judgement of the present.

[@pmscalisi]

@@ZodiacEntertainment2not really, there’s much truth in what he says.

[@DIVISIONINCISION]

​@@ZodiacEntertainment2Every generation had its struggles. I would have loved to be an adult in the 80's. The 90's were great, though.

[@aerrae5608]

No we don't. I'm a 30 year old that works in a quality lab 45 hours a week, my primary duties teaching an ai detection system, secondary duties being aiding in the various chemical and physical testing we do. I love my job and I'm one of the people you're referring to as a producer of nothing. Silly that though, what does a football player produce? Nothing of value. There were plenty of jobs before the internet that pay too much and offer nothing of real value to society other than pointless distraction.

[@hiroshi138]

After my 20-year military career, which guaranteed me a lifetime pension and healthcare, I transitioned to my second career as a government employee. Even when I retire (again) in 6-7 years with a second pension, it's unlikely that we'll be able to afford to stay in California.

[@schrodingerscat3912]

lol Cali?? I'd go to a foreign country with that kinda setup

[@Alex-jx5bx]

Most people can afford to stay under the bridge in California now days, curb your enthusiasm😁

[@luketarplin]

Consider moving somewhere more affordable.

[@alans.philippines]

try being someone like me that has a modest cash savings account ~100K and nothing else.

[@johnjaco5544]

Why would you want to stay

[@orion6704]

I am considered a poverty class. But I have no bills 😊

[@stanleymedrano]

So you are rich. Because people without debt is rich

[@Evilslayer73]

@@stanleymedrano Indeed and overall you are free!

[@Dre2Dee2]

that's called homeless

[@piast_kolodziej]

@@Dre2Dee2Oh yeah? How dou you know he doesn't rent his home so that his tenant pays the bills and he is traveling the world free like a bird?

[@MurakamiTenshi]

No bills? You are either rich, or homeless

[@cinema104]

That's because people just sit back and take it. They do not want to fight. They don't believe that they have a right to a fair share of what is produced in this country because corporate America has them brainwashed into thinking that they don't contribute enough to earn a decent living.

[@Dre2Dee2]

Going by most of my co-workers and the people I see working around me, they absolutely don't contribute enough, no You don't deserve to be rich, that's why your broke. Stop blaming other people for your failures

[@MrCPPG]

You know, if we stopped letting in the third world through our Southern border, who will undercut wages, thus keeping corporations fed with cheap labor, maybe they would be paying better wages. But to do that we may have to vote out politicians that promise free things.

[@aerrae5608]

No, we're comfortable. As long as we're not starving we're not going to do anything. We have distraction. We have food. Renting or not, we mostly have roofs over our head. As long as we're comfortable in our misery we'll not lift a finger to change it.

[@toddprater14]

Your right all people care about is the next Big Mac meal and having it delivered thru door dash. Their next big concern is their phone and tik tok…

[@jbone9900]

​@@Dre2Dee2 drinking that tasty corporate Kool aid making the rich richer.

[@amyb5356]

Since 2013 we started calling the island of Maui “Millionaire Maui “. Since 2014 people were leaving the island. 2016 was a record exodus. They were cleaning out the middle class. Today it’s some of the highest cost of living it’s ever been. The fire is going to push the agenda that much more

[@Falconlibrary]

Yeah and what a happy accident that terrible fire was on Maui was for millionaires wanting those folks' land, huh?

[@henryi9738]

"It's a big club, and you ain't in it. You and I are not in the big club." - George Carlin

[@Resmith18SR]

Unfortunately George Carlin isn't in the most important club anymore. The Club of the living. He was a legend and my favorite comedian.

[@RobertBrown-pb5zw]

God has called us to be apart of His club, eff theirs!

[@Dre2Dee2]

@@RobertBrown-pb5zw Exactly. A club is nothing compared to the kingdom

[@go4384]

Pretty sure Carlin was rich lol

[@cad4060]

@@go4384 Exactly. He was also a liberal jerk that hated conservative thought.

[@Mitzi73]

And yet Disney World is still full.

[@briankier2189]

I am sure most of those families are financing that trip

[@pmscalisi]

I’ve read there’s 18 million millionaires in the US. No surprises anymore

[@time4peace726]

Yet the airports are still full- how do people keep doing it? Hotel expenses, transportation, dog sitting, food???

[@mcihs2]

Seemingly endless credit can give the illusion of wealth….for a short time…

[@briankier2189]

@@mcihs2 I agree. The bill always comes due at some point.

[@redtiger7268]

The American economy will not function if to many people are retired. Due to our debt based system we need velocity of money which leads to higher taxation through multiple transactions. The last report I looked at showed that with current life expectancy if people retired at 65 the system would collapse between 2040-2050. This is why "they" are making it so you can never retire, work till you die. Only a small fraction of the population will be allowed to enjoy their life going forward. The rest of of will be nothing more than tax chattel.

[@slapdat.byteme]

I don’t want to be in any club that would accept someone like me as a member. 😎

[@andrewprice2894]

I can tell you that as a car hauler that I haul primarily new cars here in comifornia, I haven't hauled a car since 12/23/23. That's how bad it is. I'm thankful that my truck is paid off, and I was able to save money for this. However, it's only going to last so long. So for those that things are just fine are either lying to themselves or are super wealthy. I saw this coming. So a couple years ago I went contrarian and sold a lot of things that I owed on. My friends thought I was crazy. Who's crazy now?

[@margaretdoliet1630]

😂🙌🙌

[@eddieneyman4035]

I have a buddy who had a similar business based out of Miami, his own fleet of heavy duty Dodge Ram trucks and custom rigged enclosed trailers for pulling 2 high end luxury cars to ensure protection from the elements and 1 motorcycle in each run and he also closed up shop and sold all his equipment. The growing cost of repairing the trailers/axles, hiring welders, replacing tires due to harsh roads, and fuel costs going up last year was enough to convince him to leave the business.

[@andrewprice2894]

@eddieneyman4035 yea it's tough for sure. Thanks for your reply. I've had to pay a ton of money the last 3 years on repairs to the tune of about 175k. The list is long. Car hauling goes up and down like real-estate. I'm on the 1st end. Meaning that housing comes 1st and cars seem to come in 2nd. Makes sense to me as trucking is called a leading economic indicator. I can tell you that it's true

[@debbiec6216]

start you a youtube channel in one or two years , you will be making $$$$$. Example know a lady on youtube, who started her channel 3 years ago and now she's makes over $50K a month. yes you read this correct. Influencers all make different amounts .

[@andrewprice2894]

@debbiec6216 Yes, people do well at KZbin. Unfortunately, I feel like I have nothing to offer. Thanks for the response though.

[@jamieprewitt]

What to know why food is skyrocketing and will continue? Look into Farms having their property tax raised 35-50% either every year or every other year. It’s the local government who is making food more expensive. These tax bills can be massive. Now imagine getting a 50% increase. Its calls a financial doom loop.

[@gregholman2930]

Interesting, gotta love them poltiticians, regardless if their in DC or in your Mayor's office, they're all cut from the same cloth.

[@glyniscoleman4813]

Fuel prices aren't helping either

[@jlseagull2.060]

And, all kinds of bonds passed at elections. Many of them fall onto the shoulders of home owners.

[@Mike-zf4ev]

It’s not only farms. Property owners are also getting taxed out of their homes. Especially those on fixed incomes. Worked all their lives to pay their homes off and getting taxed right out of them.

[@truthseeker1959]

Not to mention Billy Boy buying up lots of farmland, food processing plants being torched, and millions of chickens culled over a fake bird flu.

[@andrewdonohue1853]

if you want to maintain a "middle class" lifestyle you now have to work 65-80 hours per week. most people just want to work 40 hours and go home, 40 hours is now nothing.

[@Dre2Dee2]

What makes you think the upper class only works 40 hours?

[@kingtrance307]

Actually Andrew you’re wrong. How much debt do you have?

[@JaceFalcon]

At "work" that barely hurts their body and mind. ​@@Dre2Dee2

[@jbone9900]

​@@Dre2Dee2oh yeah they work less.

[@youngyhasard3219]

Il ne faut pas trop TRAVAILLER, MAIS diminuer les matérialistes. LA SANTÉ AVANT TOUT

[@Dre2Dee2]

The middle class is less than 200 years old. It's a very new thing, but it's going bye bye. It was always an anomaly that we took for granted as a guaranteed thing to always exist. Nope! Ashes to ashes, dust to dust, if you will. What was given, can be taken away, and now we're living it. There's essentially a "great sorting" happening on every level. Economically, everyone is being moved either up to nobility or down to peasantry. Being this "neutral" middle class isn't an option anymore. We are being sorted and no, nothing can stop it. Absolutely NOTHING. 40,000 years of nobles and peasantry can't be wrong

[@Realhastalamuerte1980]

George Carlin and Karl Marx were right, Capitalism is hoax and history is class struggle. "The middle class" was a word to deceive western working class capitalism was good.

[@LadyIarConnacht]

No, it is not less than 200 years old. In almost every society that ever existed in the world, beyond the stone age, the middle class existed. It's a ladder class, where you're either going up or down.

[@martingainty9623]

"It's A Big Club, And You Ain't In It.” ..George Carlin

[@realtrealtoronto]

None of this would have happened if Trump respected the middle working class and lowered our taxes. Instead he increased taxes thru the 2018 Tax Reform, SALT - took away personal deductions and limited property and state deduction to $10k. He started this mess. He gave permanent tax cuts to the rich. He needs to prove he has our back by lowering taxes for middle class and provide universal healthcare not tied to employment- Medicare for all at any age, its getting value back for our taxes.

[@jamesclark6487]

He would have voted Democrat...

[@bryanwittenburg7171]

I feel like I have sabotaged my own situation by taking on way too much debt. Otherwise I’d be fine. I’m working hard to correct my mistakes

[@annahgibbus8]

Yup me too

[@Dre2Dee2]

Well now is not good timing to be carrying massive debt, but get rid of it Slavery and debt have always gone hand in hand. Being conquered and having debt have always gone hand in hand. Get rid of it once and for all

[@annahgibbus8]

@@Dre2Dee2 LoL it's never a good time to have massive debt 😂 At least bryan above & I are admitting we did it to ourselves & are working very hard to correct the situation. Most people are blaming everything else but themselves. Except for my mortgage I'll be out of debt by January 2025🤞

[@irritatedkitty7301]

​@@annahgibbus8Did you forget about increased interest rates on debt?

[@annahgibbus8]

@@irritatedkitty7301 Yes I have! Because of YT videos I learned how to transfer an expensive high interest credit card to a credit card that's not going to charge me for not finishing off my balance until 18 months later. Which is more time then I need to pay off my small credit card debt. My husband passed 3 years ago. He took care of everything. My parents passed before him. The ones I trusted to tell me the truth & how to handle finances are gone. I'm learning as fast as I can & I'm by far not the sharpest crayon in the box! LoL 😂 I was able to buy my first house at 59 years old three years ago when my husband passed. I was able to get it on only my widows benifits & a 650 credit rating 😆 Praise my new Co-op bank🤞❤️🤞 My mortgage is a fifth of my rent! 3% interest, fixed & I'm surviving well. Unfortunately because of my grief I bought myself out of my grief because after 40 years of a marriage with no financial perks I damn right splurged on myself 🤦 That was a mistake. LoL At least I bought a tiny house with one bedroom that I can survive in well as long as I don't shop for grief. LoL I was raised by parents that got through the depression. They both came from the south side of Chicago born poor as heck. They married & Daddy had 6 million when Mom died😲 Unfortunately a a golddigger from west Virginia married my Alzheimer's Dad & me the only child, adopted, didn't get a penny. Geez oh pete I've learned so much way to fast! It's hard man. LoL I'm grateful to YT financial literacy videos because they are saving my A$$😆😅😂🤣❤️🤞👌👍 Thank you so much & any advice welcome ❤️

[@free-qe6wx]

Nobody wants to be in the middle class. They want to be in the upper class and surrounded by luxury. That's the problem. These things people say that the middle class should be able to afford, yeah, no, those are upper class things. Ask anyone who was a working adult back in the 50's and 60's during the so called golden era of the middle class. They'll tell you air conditioning was a luxury item back then. A second car was a luxury item back then. College was a luxury item back then (other than for veterans on the GI Bill). Owning more than one TV (4 air channels only) was a luxury item. Cafe latte's, nope. A vacation other than a once per year road trip to Wally world, nope. And on and on. People are envisioning/referencing to something that never happened. It really wasn't all that great for the middle class back then, so why would you expect it to be all rainbows and gumdrop smiles now. The propaganda machine, that's how. You've been brainwashed by the upper class to spend all your money including money you don't have chasing a fantasy. And they are happy to take your money.

[@alexandersuvorov2002]

True. Yet, it is also a fact that it was normal to have three to five kids in average family without a need to work two jobs for both parents. Second job was considered a sign of poverty and financial distress. Nowadays it seems that couples have hard times to support their children and both parents need to work hard.

[@truthseeker1959]

Yes, those were luxuries back then because they were new or newly available. As costs came down, more folks could afford them and they were no longer seen as luxuries, but necessities. America brainwashes it’s citizens to think they can “have it all” because the economy is now based on consumerism, not production. Get it?

[@free-qe6wx]

@@alexandersuvorov2002 Clothes dryers were a luxury item back then. Dishwashers were a luxury item back then. One phone in the kitchen for all to share. That 2 adult, 3-5 child household lived in a 1000 sqft three bedroom house in the 1950's. Later in the 1960's it jumped up to a massive 1300 sqft. I could go on for several more paragraphs delineating the major differences between the actual middle class and today's fantasy of the middle class, but you should get the picture by now. It sucked. It was not a life of luxury. You can say there are young people struggling today, but its not because the opportunity to start from zero and eventually become a member of the middle class is out of reach. Right now that opportunity is basically at all time highs. Some young people are struggling because they want to go from zero to upper class in five years, and when it doesn't happen then it must be someone else's fault. Its the Boomers! Its the government! Its everyone but me! And I am not a Boomer, BTW. I am Gen X. Pretty much no one that is currently alive had it as bad as we did during our young adulthood. The middle class dream was on life support for a while there in the 1990's. Miraculous recovery since then.

[@alexandersuvorov2002]

@@free-qe6wx If average US income is $60K I don’t see how home ownership becomes a reality. Both parents must be working and then pregnancy becomes a concern. There’re just so many obstacles for home ownership that didn’t exist before. Dryers and phones were luxury same as TV set. Now every bum has a smartphone. That’s how it should be. With housing it’s different story - from something affordable, to almost a luxury item.

[@free-qe6wx]

@@alexandersuvorov2002 I am pointing out that the average/median home today is perhaps four or five times "more" than the average/median home in the 1950's. It is currently over twice as large and chock full of luxury, high dollar upgrades. Most homes didn't even include cabinetry back then, for example, in the kitchen and bathrooms. It didn't include appliances. You owned that stuff as if it was furniture and moved it from home to home. When you bought a house the kitchen was an empty room with hookups and that's it. You brought your own sink. It's just not an apples to apples comparison. Then there is everything else. You didn't have internet back then, cell phones, subscriptions to every darn thing. Every "bum" has a smartphone, including 3 year old kids. Does that make any sense? 3 year old toddlers with their own smartphone (and tablet). Of course not, its ridiculous. You made almost all your meals at home. There was almost no eating out. The home spouse had a sewing machine and made clothing, blankets and sweaters. All I am saying here is that the argument of today's middle class should be able to afford X, Y, Z, is seriously flawed. The majority of that stuff is not what the middle class had. They had far, far less. It sucked, actually. Todays middle class wants to be wrapped up in a warm blanket of luxury.

[@waynewallace9055]

My parents owned 3 new homes in their lifetime. They built a new home in the 70s when real estate was affordable and sold and made a profit every time. Unheard of today, the cost of a new home is 8.5 times the average income. The American Dream is dead

[@SunofYork]

Not for me pal... I worked hard at college

[@user-xj5xp6qz5g]

Yup..i make 95k CDN a year and am single. After rent food and all my bills I dont have a dime left. I literally can not save a cent and have no money for vacations or hobbies or anything Id like to do.

[@minoozolala]

I know lots of Canadians who make 50k and they’re doing just fine.

[@user-xj5xp6qz5g]

@@minoozolala LOL ya right! you aint got a clue. 50k a year means they will barely take home 3g a month. Average rent is 1900 a month in canada.. 1000 a month to feed yourself and thats it... all their money is gone. They cant pay any bills or afford transportation of any kind and will never be able to save a dime for their future. Tell me again how theyre doing ok? How are they enjoying their lives in canada when they are basically broke all the time?

[@Falconlibrary]

Where in Canada?

[@stevenpage8847]

You choose to live where you live. Stop complaining.

[@douglashogg4848]

If you make 95k a year and are single and can barely pay your bills you’re definitely doing something wrong. Did you get out of school 300k in debt?

[@danettewelborn5577]

It's upper class and poor. The middle class has been eliminated and It's on purpose. It's to make more people dependent on the government.

[@surfboard396]

I have to disagree. There still are plenty of people who make enough money to pay their bills and enjoy themselves. Yes people live above their means and then they eventually become poor. There are people who save n plan for the future.👋🏽

[@Rotund_Panda_Pants]

@@surfboard396 True to an extent - however, the prices of goods have gone up exponentially and wages have not gone up proportionally.

[@DearSX]

Gov. Is not interested in adding more people to the payroll, it's too expensive already.

[@annahgibbus8]

​@@surfboard396 There are an abundance of people living over their wages & not planning for the future. Keeping up with the Jone's will put anybody in the poor house.

[@drc3po]

Why would anybody want most of the population to be government dependent? That makes no sense. I'm a diehard liberal and I dont want that.

[@AmericanConstellation]

George Carlin, God bless his soul, told us years ago, "It's a big club and you ain't in it".

[@SunofYork]

I am in it...I worked and studied hard

[@AmericanConstellation]

Congratulations. Depending on what party you are affiliated with, you find yourself out of it!@@SunofYork

[@SunofYork]

@@AmericanConstellation My affiliation is irrelevant. I made my money, retired early in 2004 and continue to fatten my wad whilst opposing nazis/fascists as a hobby..

[@argeldelacruz9545]

If prices keep dramatically go up ever 2 years only the 1% can retire comfortably

[@gregholman2930]

Bam!

[@Dre2Dee2]

Retirement was always a non-sense idea that is part of the same utopia thinking like "free healthcare", "universal basic income", "social security", and "child visitations" It was never going to work any more than a boat with a hole in it

[@saigoncowboy8149]

You will own nothing and be happy! Be happy serf!

[@DeenanTheKemon1]

That's exactly what they want. Us working until we die on the factory floor while they play golf and take yachting trips in their 20s. The owner class is ENTIRELY out of control.

[@robertmanley2687]

My parents were depression children,born at home which was rented, a privy, a pump near the sink, they were tough as nails as told us we were going to work until your dead.

[@Tee55118]

No woman would marry into that lifestyle. The end is now.

[@CJ-gv6bq]

My father told me to expect nothing out of life.

[@user-qg7el5rr7d]

Michael love you videos, even if I don't always agree. You said it "the best way to fight inflation is to stop buying things that are overpriced". Until people do this inflation is going to remain high. Corporations are testing their markets to see how far they can raise their prices. Corporate greed at its best.

[@taroman7100]

it's always the same old scenario when inflation sets in

[@martinbroverman7955]

Again, FLA. COST OF LIVING IS VERY HIGH. THIS IS WHERE THE MIDDLE CLASS IS MOST VULNERABLE. IM CERTAIN MICHAEL WOULD AGREE. MOVED OUT 20 YEARS AGO AND WENT BACK TO LOW - COST WEST VIRGINIA!!!

[@Mike-zf4ev]

Exactly. When I go into the supermarket and see those prices I am shocked. I can afford those prices now but I refuse to pay them. When people just refuse to pay those prices they will start to come down.

[@lindylou3519]

Groceries are overpriced but people have to eat.

[@Falconlibrary]

Houses especially, but all cash investors are the ones who are doing most of it. I suspect quite a few of them are money launderers.

[@rpbajb]

My neighbor quit his job with Waste Management and took a local truck driving job. He's working about two or three days a week now.

[@Sept1973]

Watching from Sydney Australia this is spot on what is occurring here in Australia also currently. Its out of control.

[@jennifercoleman2736]

Michael, the best part of this video was the ocean view. It helped to digest this terrible information. Depressing. Incomes are not close to keeping up with runaway inflation out here. Destabilized society coming soon in America. Gen Z and Millennials have basically given up on the "American Dream." More like a nightmare.

[@gregholman2930]

Very sad, I do feel sorry for you guys, I'm a late baby boomer (born in '62) and I think I arrived at the very last moment before the country started to go to crap.

[@hillyseattlenarrowstreets6087]

7/2/2026 will be the 250th anniversary of the USA. 1976 was a fantastic American country in comparison. Glad you're old enough to remember a better time.

[@davisholman8149]

@@gregholman2930 OMG - my brother-in-law is named Gregg Holman. Anyway - I agree - the baby boomers were the last generation of what I consider the Great American Life. It has gotten worse after each decade. I am petrified over what kind of country my grandchildren will inherit.

[@danefrye4504]

You get the government you deserve because you voted for it.

[@Tom-my8fd]

Who are the gen zee's ?

[@Bob-cd5pp]

High prices never go down Being around since the 50s we know prices don't go down only up .

[@tobagotom]

Except TVs

[@ct6852]

Tech prices seem to drop really fast actually. Not sure why that is.

[@burnbabylonburn78]

@@ct6852they drop the prices eventually so everyone can afford it. They want us all addicted to it. All by design.

[@getreal7964]

Do you ever wonder WHY this is happening and who is causing and benefitting from it?

[@truthseeker1959]

No, because some of us already know. You need to do more research.

[@SunofYork]

@@truthseeker1959 Is your answer anti-semitic by any chance ?

[@suberon9173]

​@@SunofYorkrhetoric question

[@SunofYork]

@@suberon9173 Worth an answer though... "They" are usually what I suggested... WEF /"international financiers " etc....

[@Chris-12423]

There was a store that was 15years in business here, selling organic food and supplements, and it went out of business last year. Inflation took them out.

[@0zoneTherapyW0rks]

Push out the real food, muscle in the lab, GMO patent profits fake food.

[@michaelroth4236]

The more money i make, the less its worth. Ill never be able to retire. Im 53 and youre right, im frieghtened about living too long.

[@MCC876]

Polls show the biggest fear about retirement is outliving their money.

[@MrCPPG]

I do not worry about that as death is the one thing you can control. You won't escape it but you can take control of it.

[@gregholman2930]

I put my trust in Jesus Christ not money, take one day at a time, not promised tomorrow, people have made money their god, so when the money runs out they completely flip lose it & want to jump out 12 story building windows. @@MCC876

[@TheUtuber999]

That's why I think we should have government-subsidized convalescent hospitals or care homes. Yes, it's socialist, but it's also more humane than letting seniors live out what should be their golden years in cars or in a tent that is exposed to the elements, and using a bucket for a toilet.

[@solomongrundy1467]

​@@MrCPPGIf life becomes too unbearable in the future, I'll probably use the Smith & Wesson retirement plan. Otherwise I would have to adapt to homelessness if I can no longer afford to live.

[@RenegadeBastard]

This cannot continue…

[@ruffian-wl1nd]

I get paid 23.00 per hour and work 40 hours a week and I am considered poor here in the northeast.

[@haroldweiss7674]

Another inflation factor that I don't believe is counted is the credit card fees that a lot businesses are now passing on to consumers via a 3 to 3.5 percent surcharge on their bills. While these credit card fees were once considered part of the cost of doing business, in the last few years a lot of restaurants and other businesses are passing this cost on to their customers.

[@night5091]

Most people salaries are being flushed out by inflation levels and interest rates. Inflation has gone up about 20% in the last 3 years. Most people’s income haven’t increased to match that. So add the higher rates. You have the situation currently going on.

[@realtrealtoronto]

None of this would have happened if Trump respected the middle working class and lowered our taxes. Instead he increased taxes thru the 2018 Tax Reform, SALT - took away personal deductions and limited property and state deduction to $10k. He started this mess. He gave permanent tax cuts to the rich. He needs to prove he has our back by lowering taxes for middle class and provide universal healthcare not tied to employment- Medicare for all at any age, its getting value back for our taxes.

[@nathanielcarreon5634]

We are already living in a third world country, the middle has been dead a long time ago.We just didnt notice it or we are just in denial.

[@kellio8087]

I laughed when Captain D's tried to sell me 1 small piece of average cheese cake for $6. I said "no thank you. I'll go across the street to Walmart and get 4 pieces for the same price".

[@suniskys78]

Here in Las Vegas everyone is upset over their SW Gas bills. They came double or triple from last year around this same time. Many folks have turned off their heating unit which is so sad. And we just found out we (the customer) will be paying for bonuses for NV Energy. All while inflation is sky high for all of us! Smdh

[@magicparkmemories]

Do you live in Las Vegas? Is rent cheaper there? How do you like living there? Here in Orlando it’s getting harder to survive

[@davisholman8149]

I would hope the children or grandchildren of folks who can’t afford their heating bill would chip in together to pay their utilities. No way in the 🌎world my mom is going to be stuck in a freezing cold house.

[@suniskys78]

@@magicparkmemories Yes I moved here about 6 years ago. It was very affordable then. However now everything has really gone up. We had a large population increase too. Rents, utilities, insurance, gas, and food prices have really jumped. I guess compared to places like Cali it’s a lot better but things continue to increase. Home prices are high too. Glad I purchased when I did. Feel bad for many that want to buy but unaffordable right now.

[@suniskys78]

@@davisholman8149 I hope so too. Though they also had their own huge bill so were looking into assistance for their parents. It really is sad. Many seniors live on a fixed income here and receiving a $400+ heating bill is a crying shame.

[@magicparkmemories]

@@suniskys78 I am in Winter Garden, Florida and 15 miles from Disney. I rent. I moved from Chicago to Florida in 2017 and population exploded here and inflation in utilities and car insurance and food. I was thinking of moving to Vegas

[@debrahartshorn3084]

Love that you are at the beach💕

[@robertmanley2687]

South Florida in February is great

[@chrisweidner4768]

@@robertmanley2687Yep. Paradise. When my dad passes, my wife and I will escape the cold. For good.

[@lorysutherland5464]

The Sun was out in Michigan yesterday.. Because I wasn't taught to think like our guide , I am not in sunshine in the winter. Thank-You for the ocean walk.

[@chrisweidner4768]

@@lorysutherland5464 I understand. Lucky you. My parents brain damaged me as a kid🤣🤣Took me to visit an aunt in Pompano beach in the dead of winter. Been chasing it ever since.

[@novadhd]

yeah usually when he doesnt have to crititque someones property lol

[@Bitcoin_Gold]

This is why Retail in January was lowest sales. No one is spending due to high inflation recession. Target & Ralph's raised the price again.

[@Dre2Dee2]

N one in the LOWER class is spending Upper class is spending like nutso

[@larryl5564]

If my February grocery bill is any indication inflation is back on the rise again!

[@BohemianLifer]

Why spend on wilted produce, plastic china junk and overheated electronics. It is not family heritage productive, especially when non productive elected politicians ARE ENSURING THEIR HERITAGE, with citizen hard earned income tax monies.

[@MichigantoFlorida]

The middle class became reality for the average worker in the Midwest Industrialized States shortly after WWII, an oppurtunity for many non college educated folks. It continued to grow in the industrialized areas for 50 years before it began declining in the late 90"s. Today there is a significant decline in highly paid industrial jobs and they are replaced by the service industry. The service industry has become the go to for employment for the majority and unfortuantley those average wages are considered basic, with exception of course for high level professional, technical, financial and senior management positions. For the average worker our society is experiencing a rotation from industrial to service. We are moving into a polarized society. Thank you Michael, your spot on!

[@Dre2Dee2]

You fail to give blame that is due to people A) not getting married B) not having kids and C) constantly getting divorced Divorce has obliterated what little wealth families had accumulated, so the constantly divorcing middle class is eating some karma and it's well over due

[@DIVISIONINCISION]

Not getting married and abstaining from kids is how you build wealth. I make more than most dual income households and many wives don't even work. Controlling cost is easier without a wife/kids.

[@MichigantoFlorida]

@@Dre2Dee2 Very good point, family values have deteriorated.

[@MsWindWaveSea]

So the US becomes like third world countries, where the middle class mostly are people with college education and only minority in the society.

[@23pinkpear]

where i live it’s 2,000 for a three bedroom if I upgrade i can’t save for retirement or my kids college so i sleep on a pullout couch in the living room and gave my kids the rooms

[@markadler8968]

A big part of the problem is the middle class living above their means. Going into debt on completely unnecessary items/trips/cars/dining out/etc is just plain foolish. Finances are just like life, you can lie/pretend for so long but the truth will eventually come out. Your main goal in life should be to live well below your means and save/invest the difference but that holds absolutely no appeal to people today. They would rather pretend to be wealthier than they are even if it costs them everything.

[@BREEZYM6015]

That's so true. A lot of people want the status that comes with living a luxury lifestyle even I they can't afford it.

[@carnivalgods4573]

No doubt, and it isn't going to change. Safest class....debt free one. It's worth the sacrifices, if only the lot of us had the wisdom earlier on.

[@rolandthethompsongunner64]

Try attracting a mate living like that. 😂

[@rabidgoon]

this is why i listen to the dave ramsey show. i don't even like dave ramsey but he has these people calling in who are up to their eyeballs in debt and can't get out of it, despite making 6 figure salaries. it reminds me to live below my means.

[@rabidgoon]

@@rolandthethompsongunner64 why would i want to ruin my great life with a 'mate'?

[@GenXamerica]

The prices aren’t coming down until energy and production and labor costs are cheaper. With millions more people in the country the supply chain is strained. Less supply and more demand always results in higher prices. And sadly our own tax dollars that need to be paid down are funding people who are not even legally here and are contributing nothing. We are being robbed.

[@georgedreher2322]

Thank your politicians in office right now for the open borders. A country WITHOUT BORDERS is no longer a country.

[@DianaPrinceitiswhatitis]

Luxury apartments in nyc going to illegal migrants and not our own citizens.

[@ralphholiman7401]

You have to ask the usual election question. Am I doing better or worse, than I was four years ago? If better, vote for more of the same, if worse, vote for something different.

[@JaceFalcon]

​@ralphholiman7401 a man promising you utopia won't save anyone

[@ralphholiman7401]

@JaceFalcon , then you vote for four more years of pain. I'll vote for four more of what were pretty good years for me.

[@jonmaciel]

Insurance was hiked every where that food is handled. As well as the cost of fertilizer. In another video, you mentioned the increase cost of pet insurance because of the increase of vet services. Farms also use vet services. The increase in utility bills also affects farms. Everything that affects us, affects them too.

[@KathleenMcNe]

As a teenager, I developed a profound fear of running out of money in my senior years. (I won't explain here, but there were specific reasons I developed this fear.) So I always worked full-time-plus, lived very frugally, and saved and invested aggressively and consistently. I never had a job with a great salary or worked for a company that offered a pension or 401(k). I was bemused by those around me who spent freely, splurged frequently, and would never consider owning a vehicle as old as mine or purchasing used items like I did instead of new. I'm now 66 and retired with zero debt and a net worth of $13.5+ million (in brokerage accounts and mortgage-free rental properties). It can be done, but one has to start very early and make significant sacrifices throughout the decades.

[@janethill4365]

I am glad I am not in their club.

[@Lonerider34596]

YOU ARE SO SPOT ON . I HAVE BEEN OR BEING DEMOTED FROM MIDDLE CLASS. CAN NOT AFFORD TO TAKE ANYMORE VACATIONS,USED TO TAKE 2 AND SOME TIMES 3 A YEAR NOW 0 NONE HAVE PAID OFF CREDIT CARDS BUT THAT AUTO,HOME INS.,YR. INCOME,PROPERTY TAX;S HAS REALY EATEN MY LUNCH.LITERALLY AFRIAD TO GET INTO DEBT.BECAUSE THIS UNCERTAIN ECONOMIC STATE THAT WE ARE IN .WITH A EXCELLENT CREDIT SCORE RATING.HAVE 5YRS. LEFT ON MY MORTGAGE AT 2.7% AND NO WAY I WILL SELL,OR CONSIDER RETIRING AT MY OLD AGE.

[@tamjeanell]

Do not type in all caps...its like u screaming at us

[@b3llyfull]

Welcome to poverty my friend. Were it can happen to anyone at any moment. You still have life. Learn to be creative. I believe they called it ghetto but it sure got the poor through tough times as it will right now😂😂

[@minoozolala]

@@tamjeanellSome older people use caps because of eyesight problems. Just take it in stride.

[@lizmcgill]

Haha. Unfortunately, that's true!

[@clintperry799]

Government spending is a huge problem !

[@redfo3009]

Looks like your starting to see why some of us have been saying. They are trying to destroy us from within but in the nicest softest ways. It’s really sick.

[@lordinquis8r679]

Thanks, Michael! Just before your video, I placed an order at Walmart. 13% up from last week, same items.

[@laqueciawilson6381]

😮😢

[@jeffreyjackson5229]

I have long concluded this but have just said it differently: "There's a party going on and we aren't invited."

[@mhodge0890]

Being able to own a home is now a luxury no longer a middle class

[@thomasrbishop8736]

Outstanding video. I'm poor but you learn how to survive by doing some of the work yourself and don't become jealous of others with money.

[@uk7769]

all that, and the systemic corruption is what convinced me the whole thing is pointless.

[@larryl5564]

90% of Americans are unable to afford the average priced home in America right now. Sadly we are becoming a nation of the rich elite or the exploited.

[@Dre2Dee2]

There's a reason the first horse of the Apocalypse is Conquest. A tyrant will come and turn us all into slaves So let's not act like we're deviating from the script here

[@truthseeker1959]

And the only way to become rich is to cheat, steal, and join the criminal exploitative class.

[@demodiums7216]

lets just keep lowering taxes on the rich...surely it will trickle down eventually. Give them more money and less rules...that'll stop em

[@Coronado-nz7wu]

Whatever money I was saving inflation killed it. Along with the fact that all insurances cost more every year and property taxes are getting crazy.

[@MuzicTunes-lk6np]

Yes, I used to be in the middle class. Now I'm in the poor class even though I still work, I'm self-sufficient, & don't rely on anyone, especially the government.

[@DIVISIONINCISION]

Vacationing in Orlando. Plenty of tourists. People out spending money. Was at a Brazilian Steakhouse today and it was packed. I'm not seeing the struggle.

[@alexandersuvorov2002]

You won’t see a lot of struggle in a golf country club either. Everything is GREAT!

[@truthseeker1959]

Probably all done on credit cards.

[@johnfromojai1]

Thanks, Michael for the significant research you put into today's broadcast.

[@AE-tb4ee]

Another positive and uplifting video from Michael Bordenaro!

[@fredk9999]

Thank you to our host for this beach walking tour on a beautiful day. Learned a lot. Weather changed here today Sunday

[@jimmyamico4713]

Very very helpful MICHAEL… Thank you so much for bringing the truth to the forefront.❤

[@trlaird9987]

Michael, l watch all your videos even though they do not always apply to me as a west coast resident. What l really enjoy about your channel is what a excellent speaker you are, smooth and articulate as heck, ln other words l find all your vids extremely satisfying!!! Thanks for all your hard work.

[@michelleverhelle1152]

Excellent presentation as usual. Thanks Michael. That's a really nice beach setting too. Taxes for waterfront homes where I am south of the border are about $200 a year. No one has insurance. Everything is cash. Rental units make a lot of sense for me here when considering ROI for something similar in the Florida.

[@Lonerider34596]

I REALLY APPRECIATE THE VALUABLE AVISE THAT YOU GIVE TO ALL OF YOUR AUDIENCE THE TRUTH AND NOTHING BUT THE THRUTH THANKS.

[@SirCarlosMusicBMI]

🎉🎉🎉 My day Just isn’t complete till I watch your new video every day 😂😂 Thank you Michael and keep on keeping on. Blessings,Carlos ✝️🙏❤️😊🇺🇸

[@victorpozdnyakov2161]

😅 Michael, I don't think that $1000 is enough for Emergency. I think should be at least $3000-5000.

[@ayo9057]

1 k is ridiculous. I would say 5-10

[@markadler8968]

It should be an absolute minimum of 6 months wages in my opinion with clear credit so you can live off of that in case you use up your savings.

[@Sammy-il1qf]

I have $20k and still feel as though that isn't enough! But I'm a tenant, not a home owner, so I'm always aware that the house could get sold at any minute and moving costs thousands!

[@moebanshee]

Brand new house. I moved into it 5 years ago. Air conditioner coil went from a leak in the roof. Manufacturer doesn't want to be responsible. The people who sold me the house don't want to be responsible. Nobody wants to be responsible... Your coil cost $1,500. Do you wait and fight and fight and try to go to court in maybe 3 years from now?Door 1: They might give you something towards it, if you don't die because you've got asthma or bronchial pneumonia. Whatever your deal is. Door number 2: pay it and get it replaced. Door number 3,: You go to your insurance which makes your insurance go up ....... Last option: you go without?

[@markadler8968]

@@moebanshee If you are complaining about a measly $1500 unexpected expense on a home you just bought maybe you couldn't afford that home in the first place.

[@cynthiafortier2540]

Hi Mike, love your content!! Always great info!! A true truth teller!!

[@UNCIVILIZE]

Always appreciate your informative videos.

[@mr.frandy7692]

I don't see this ending well. I see it ending in violence. ....Btw, I'm non-violent, and hate the idea of it. But don't ask me to protect you when you've been laying the foundations for years..

[@ronniemask5921]

I agree. The French Revolution was a good example of a small upper class living off the toil of the lower class.

[@Dre2Dee2]

Maybe, but not likely. Slaves don't really fight back

[@mr.frandy7692]

except when they do...@@Dre2Dee2

[@matg9844]

Slaves don't fight back? Never heard of the Hatian Revolution?

[@deedee3904]

​@@Dre2Dee2 Slaves do fight back. In the United States there was Nat Turner's 1831 slave rebellion in Southampton, Virginia. In 1839 there was a slave rebellion on the slave ship Amistad. On the island of Jamaica, in 1831, there was the Baptist War. It started out as peaceful protest, but ended up as a very bloody uprising.

[@oldroscoe2590]

I'm low class for many of the folks in this town because I drive an old car, but I'm high class for most in the neighborhood because my car is paid for and it runs.

[@lucythecat12]

We should mobilize a "no buy". Love your videos Michael!

[@WhySoLoud]

NE Florida, here I watch your videos to see at least someone out in the sun. We have had a shi**ty winter. Cloudy, cold 50s-60s, rainy (again) for the next 3-4 days. Nice to at least see sunshine somewhere, sand and wave sounds. Thank you for your walk and talk vids.

[@postscript5549]

Beautiful beach Beautiful scenery

[@johnnymidas5879]

HAPPY SATURDAY MICHAEL 💦🏄‍♀️

[@SunofYork]

You are the only one of his fans who can spell his name correctly

[@Jo-li5ht]

Great program!