Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1463119 Comments:2390
If you haven't started saving for retirement, you're not alone. A study ... Benefit Research Institute finds that a majority of workers have less than $25000 in savings. ... About 30% of these respondents said they have less than $1000 in savings.
So, some back of the napkin math says that
30% of 140 million workers (=47 million) have $1000.
50 million are on food stamps.
That's a 1/3 of the USSA right there. And worse,
that's almost 100 million ADULTS. And that does not account for college students with 41 Trillion in non dischargeable debt. College kids can not get food stamps. We're so fucked.
And that does not account for college students with 41 Trillion in non dischargeable debt. College kids can not get food stamps. We're so fucked.
And most will only qualify for a civil service job when they graduate anyway. At the price one has to pay for auto mechanics, plumbers and electricians nowadays it's better to go to trade school.
