CEO: Massive layoffs if Obama is reelected

[Eurell]

Well thats an average. If people are selfish enough to pump out kids for the welfare money, then they sure as fuck arent spending 11k per kid.

[Kalmado]

Well thats an average. If people are selfish enough to pump out kids for the welfare money, then they sure as fuck arent spending 11k per kid.

I agree. I'm probably being generous, but my thought is if you're only breaking even, why make a kid? But I'm sure there are some that do just that.

[Byrthnoth]

You also lose work time being pregnant, giving birth costs money, etc.

[Soa]

There is no way in hell a person on welfare is spending anywhere near $11k/yr on a kid.

I'm also calling bullshit on the student loan scams. Even if these people are taking massive amounts of money out in student loans they still have to pay them back. My brother decided he wasn't going to pay back his student loans, let them go into judgement, and 15 years later his wages get garnished and its still on his credit report until they are paid back in full. If you want to have shitty credit and work under the table for $10/hr for the rest of your life then by all means, scam the system.

[Dimmauk]

I got 1k deduction for each kid on my Income taxes.

IM RICH BEOTCH! HOW YOU LIKE ME NOW?

[kuronosan]

Fucking commies. Fuck you dirty bastards.

Also, I still think you're a dick when it comes to abortion matters, but in this thread we can be friends. For the greater good.

We agree to disagree. Take comfort in the fact that my views evolve rapidly.

[Headspace]

Do the taxes and shit that come out of Skyylas paycheck to go towards food stamps really make him live paycheck to paycheck?

Is that much really taken out?

[BaneTheBrawler]

I agree they should have to earn it by working or doing community service or going to school full time. Thankfully, the majority of people in these programs do just that. There will always be people abusing any system, but that doesn't mean we should say fuck you to all the people who truly need and deserve it.

The problem with requiring community service etc for welfare is that that's a job. That's what a job IS. If people could get a job, or could work, they would, despite Skyylya's belief that poor people are all just really good scam artists. It doesn't work to simply hand out jobs, because they have to come from somewhere. The infrastructure for requiring community service is not large enough to handle all the people who would be needing to use it to also do their welfare-jobs, so you'd have to hire on additional staff to that, which creates even more government jobs than you initially did. All of this costs a LOT of fucking money. A lot. Not to mention that you'd quickly have more manpower available than you would jobs that need doing, and inevitably either some people wouldn't have enough community service completed to get paid, or they'd have to reduce the overall requirements to almost nothing... which doesn't really work either because then the person still isn't working for their welfare.

Welfare is there to help people get to a point where they CAN get a job on their own. Making it a job itself is just a really really bad idea. It doesn't work. We know that because that's what the Soviet union tried to do. Seriously, this idea is communist. You're nationalizing unemployment in a way that doesn't encourage growth in the long term, but is ridiculously expensive, and is MASSIVELY prone to abuse in all the wrong ways.

Edit: Requiring furthering education is slightly better, but some people just aren't smart enough for higher ed to have an impact, in which case youre wasting money, and others can't afford to... hence the welfare. Unless you're also suggesting some sort of free education for those on welfare, which would be... interesting, but again prohibitively expensive.

[Weeks]

Do the taxes and shit that come out of Skyylas paycheck to go towards food stamps really make him live paycheck to paycheck?

Is that much really taken out?

I know a lot of people who make these paycheck-to-paycheck claims making quite a bit more than Skyylya is claiming. Live in a nice home, have two or more car payments, invest a little chunk every month for retirement, and when you get an urge to buy a new TV, boat, or vacation home (Depending on how much income you're trying to make seem insufficient), you're suddenly living paycheck-to-paycheck because it would wipe out your checking account. It's absurd, but you can't be realistic when you've gotten so many breaks in life and you still want to play victim.

[hey]

How does anybody making over 100k a year live paycheck to paycheck?

My parents do, with my dad making somewhere around $110k. Basically, massive amounts of student loans (my mom owes more in student loans than we do on the house), overspending, some shitty decisions made years ago that are costing $500+ per month now, and supporting 4 kids.

It's pretty easy to do stupid shit with your money, regardless of how much you make.

[Salodin]

My parents do, with my dad making somewhere around $110k. Basically, massive amounts of student loans (my mom owes more in student loans than we do on the house), overspending, some shitty decisions made years ago that are costing $500+ per month now, and supporting 4 kids.

It's pretty easy to do stupid shit with your money, regardless of how much you make.

So living paycheck to paycheck on 100k because of your bad decisions is no different then the poor people living paycheck to paycheck because of their low income. Actually, id say its worse cause at least the rick family had the resources and chances, the poor family had no chance from the start.

[Headspace]

Are you saying having four kids is expensive.

Who knew?

[hey]

Actually, id say its worse cause at least the rick family had the resources and chances, the poor family had no chance from the start.

Pretty much.

[Kalmado]

My parents do, with my dad making somewhere around $110k. Basically, massive amounts of student loans (my mom owes more in student loans than we do on the house), overspending, some shitty decisions made years ago that are costing $500+ per month now, and supporting 4 kids.

It's pretty easy to do stupid shit with your money, regardless of how much you make.

In other words, your parents are terrible at managing money and that's the real reason they live paycheck to paycheck. Got it. Agreed with Salodin's comment.

I have a friend that's 31, not married and no kids. We live in a town where the cost of living is very reasonable. He makes about $65k/year and he's always dead broke bitching about how he can't save money and his parents have to cover his bills. I'm the same age, married, and at the present time my wife and I made a combined income of roughly $30k/year and we are fine. Why is this? Because we manage our money and don't spend carelessly, unlike the majority of people crying about living paycheck to paycheck.

[hey]

In other words, your parents are terrible at managing money and that's the real reason they live paycheck to paycheck. Got it.

That's what i said, yes.

[archibaldcrane]

No hey, you don't get it, your parents are irresponsible with their money!

[hey]

No hey, you don't get it, your parents are irresponsible with their money!

lol.


I know i listed some things that contributed to it, that aren't necessarily bad money management, such as 4 kids, and student loans, but yes, the entire point of my post was that no matter how much money you make, it's very very easy to overspend it.

[kuronosan]

I agree with hey, actually.

It's not unrealistic to believe that people earning even millions of dollars live paycheck to paycheck.

It's all in your spending habits.

[Talint]

And in other, relevant news:

CEO suggests employees' jobs may be at stake if Romney doesn't win

Sometimes I wonder if this is going to be a future precedent with democrat presidents; high unemployment and threatening CEOs unless they get the president they want.

[Niiro]

An income level that forces you to choose between essentials and reasonable semi-luxuries cannot be accurately compared to an income level that allows you to choose your level of luxury.

There is a certain gradient at the lower levels where you can make fair comparisons but that gradient evens out and plateaus real quick as income increases.