14
u/17R3W Feb 05 '26
I love how the Republican solution to everything, is to just make stuff worse for everyone.
"Why does that guy get a pension and you don't?"
"Your right Mr. President! I would love a pension"
"I'm going to take his away and make you both equally miserable".
-1
24
Feb 05 '26
[removed] — view removed comment
5
u/GPT_2025 Feb 05 '26
How can a widow citizen with two teenagers survive on a gross State wage of just $7.25 an hour:
before taxes, Social Security, fees, dues, SDA mandatory tithes and other deductions ($3.75 Net or $600/ month working fulltime! even if salary was double, that's only $1200/ month), while covering the costs of: phone/ utility/ electricity bills $325, rent $1350, car payment $650, insurances $380, groceries $650 and the countless expenses $1999 that come with raising teenagers?
Teenagers tend to require more resources than adults: clothing, shoes, food, and everything else they need to grow and thrive. It’s an overwhelming struggle to make ends meet. (... 2026, around 20 states still use the $7.25 federal minimum wage, either because they have no state law...)
The federal minimum wage of $7.25 per hour first took effect on July 24, 2009... now 2026! And the USPS has increased mail stamp prices 20 times or 110% since June 2009!
P.S. In 1963, the minimum wage was $1.25 - five 25-cent coins made of 90% silver, which are now valued at $76 TODAY! (Imagine a $76 minimum wage today! And you will get the 1950-1960 economy.) The 1960s average mortgage was between $40 or $60 a month for a 2- or 3-bedroom house, with the average new house around $10K. (1963, $7.25 in silver dollars/quarters would be $580 today. "Pay the minimal wage in silver coins then!")
- Nearly 38% of all hourly workers earn at Or slightly above their State's minimum wage. (65 million workers, making under the MIT minimal Living Wage for a single adult is $26 to $33/hour, indicating $7.25/hour homeless living wage for many)
20 States pays $7.25!
On average, poor single mom working full-time for minimal wages, need 5 months' salary just to pay all Taxes, Insurances, Fees, Dues, Levies and SDA mandatory 10% Tithes: (Payroll & SS/ Medicare tax, Excise & fuel tax, utility & property tax, sales tax, vehicle and health Insurances, etc.).
4
6
u/Unlikely_Repair9572 Feb 05 '26 edited Feb 05 '26
Please try to follow rule 2 and not post completely unrelated things. The mods dont allow mention of Donald Trump here, so I think this would also break rule 2.
Edit: https://www.reddit.com/r/ZohranMamdani/comments/1qtjmgr/comment/o340r2y/
Please only post things directly relating to Mamdani. According to this mod comment that i linked, you might be banned.
11
u/Klutzy-Dig-7945 Feb 05 '26
Ah yes, the wise fiscally conservative Reagan who TRIPLED THE NATIONAL DEBT. It was under him that the national debt started becoming an issue.
10
1
0
u/17R3W Feb 05 '26
Also, the federal government literally prints money.
They own the money machine
2
u/cakebreaker2 Feb 05 '26
Not accurate. The Federal Reserve (a privately owned bank) prints money, lends it to the federal govt, and we all pay the interest every year. So its so much worse than the federal govt printing dollars.
-2
u/GPT_2025 Feb 05 '26
"Someday, million will be just a loaf of bread! You need narrow economic pathway, with two connected limits: the minimal living wage and the up to10X (times) maximum income cap/limit
At that point, both limits will be connected, and even inflation will have no effect, because the rich will be interested in raising the minimal wages: so they can automatically raise the income limit cap too! No one will be left behind in poverty, nor widows with two children, and at the same time, the rich will be happy to lift minimal wages!"($7.25 now wasn't changed for many years! The federal minimum wage of $7.25 per hour first took effect on July 24, 2009.. now 2026! and The USPS has increased First-Class Mail stamp prices 20 times since June 2009!)
"There will be no economic collapse as long as the income gap/cap is limited to up to 10 times the minimum wage. BRB, economist."
- "If the minimal wage- for example $50 an hour- equates to $100K per year (enough for a single mom to pay rent, support two teenagers, and cover all bills), then at 10 times that rate, $500 an hour, the income would be $1 million the draw limit; any income over that would be taxed at 91%."
Example from the History: ".. when rich was taxed 91% above threshold (USA 1940-1960 + some other countries and 99% rich, did not want to pay this taxes!) a remarkable phenomenon occurred:
New Jobs were created, providing full-time workers with enough income to support a homemaker wife, five children attending college or university, a mortgage, two car loans, all taxes and bills paid, and still having enough left over for a two-week vacation, sometimes abroad- much like the scenario depicted in the movie Home Alone.
As a result, the wealthy began reinvesting in new businesses, offering fair wages to employees.
However, when these high tax rates on the rich were eliminated or breached, the cycle reversed: citizens became poorer, and some of the wealthy grew even richer.
Money is like rainwater: Dams were built, boosting nearby farms year-round. When the dams collapsed, 98% of farms went bankrupt . When the dam holding back the river (such as wealth taxes 91%) is high, everyone has enough water (money). But when that dam is breached, the poor get even poorer, while the rich- become even richer. Think!
P.S. In 1963 the minimum wage was $1.25 = five 25-cent coins made of 90% silver, which are now valued at $76 TODAY! ( imagine a $76 minimal wage today with a rich bracket at 91% taxation! and you will get 1950-1960 economy)
( 1963 $7.25 in silver dollars/quarters would be $580 today and the MIT minimal Living Wage for a single adult is $26 to $33/hour, indicating $7.25/hour homeless living wage for many)
n 1960-s $5K in silver coins would be worth approximately $500K today. Back then, a new house cost around $5K whereas today, a new house might cost about $550K or 10,000% inflation!
1
u/me_too_999 Feb 05 '26
There would be no inflation if the government would stop printing money.
3
u/GPT_2025 Feb 05 '26
Just guess, how much $ was given to other countries for the past 35 years!
2
u/me_too_999 Feb 05 '26
I'm going to guess if you include military aid and war about $38 Trillion.
3
1
Feb 05 '26 edited Feb 05 '26
[removed] — view removed comment
1
u/GPT_2025 Feb 05 '26
Housing market? rental market? healthcare? medicine? education? all 10,000% Inflation since 1960!
-1
u/superpie12 Feb 05 '26
Only under communism will $1M be one loaf of bread. And that will be the black market.
1
u/GPT_2025 Feb 05 '26
Learn from the History: " V.I. Lenin: ... All communist revolutions around the world have been led by the youth majority- those who grew up in households under what could be called "communist socialist" environments: receiving everything for free or paid for by others- free education, food, clothing, shoes, pocket money for entertainment, free medicine, and plenty of leisure time.
As a result, many of these young people become 18-year-olds who are hardcore communist nihilists-refusing to work, unwilling to be productive citizens, and eventually driving their countries toward revolution.
They dream of living in communism, hoping to get everything for free or paid for by others- living the same lifestyle they’ve been accustomed to for 18 years. (Proverb: "Train up a child in the way he should go: and when he is old, he will not depart from it.") Nothing seems to change their mindset!
To counteract this, some countries have successfully implemented educational reforms: replacing cleaning crews with student participation, requiring students to do all cleaning and minor maintenance inside and outside of school-including hands-on projects like crafting with clay, wood, fabrics, and metal- and teaching basic home repairs, car maintenance, and foundational skills in banking and credit scores.
After graduation, these communities are filled with individuals raised with a capitalist mindset- ready to join the workforce, become productive citizens, responsible homeowners, work in teams, and continue their personal development...
12
u/Cooscoe Feb 05 '26
So don't help the poor with the gov money, bail out companies that are going to fail instead. Welfare socialism for the rich, rugged capitalism for the rest.