Pages

  • Sharebar

Will you ever get rich?

It used to be an easy question to answer if you were headed to Wall Street.

Not so much today...

Yet another look at America's growing wealth gap doesn't instill confidence.

In fact, if you stop to actually read the article you may wind up looking in the mirror and asking yourself some difficult questions with regards to your goals, aspirations and ambitions.

Proceed... with caution.

Very disturbingly the poorest 90 % of Americans make an average of $31,244 a year. While the richest 1% make a hardly inspiring $1.1 million plus.

Two Very Disturbing Extrapolations

1) $31,244 is a very humble amount of money. It is a very humble amount of money if you are a single person in their 20's living in a studio apartment in a not-so-terrific urban neighborhood. Taking into account this must read Zero Hedge article, (assist to VTech Forever on that one) we can safely say that the majority of today's middle class...really is poor. For an average of ~$30K to apply to 90% of the population (i.e. ~270,000,000 people) there has to be an anchor of dead weight pulling down the honest hardworking sub-six figure crowd subsidizing them.

But who cares...we are the elite,right?

Let us examine...

2) $1.1 million dollars is a nice chunk of change. Let's be clear. A mil definitely does not buy you what it once did. But it's still a nice number...

However...

If the top %1 of Americans (i.e. 3,000,000) make a mil...how discrepant is that figure, really?

Considering how many F50-1000 bosses make a lot more, considering the billionaires and media megastars involved...how many people are actually making that much?

Isn't it highly likely that the "typical Wall Street stiff making $400K/year" is the caboose pulling down this party wagon?

Isn't it actually becoming a reality that in the top 1%, the monkeys and the chimps are the anchor babies making the disgusting discrepancy seem more paletteable in this sort of analysis?

Tell me, monkeys...

What do these figures tell you?

Then think about it and answer honestly...

Will you ever really be rich or will you be paying someone else's free lunch so the real %1 do not have to?

The WSO Advantage - Land Your Dream Job

Financial Modeling Training

IB Templates, M&A, LBO, Valuation. Learn More.

Wall St. Interview Secrets Revealed

30,000+ sold & REAL questions. Learn More.

Resume Help from Finance Pros

Land More Interviews. Learn More.

Find Your Mentor

Realistic Mock Interviews. Learn More.

Comments (353)

  • LIBOR's picture

    Whoa, whoa. 90% of the kids on this site will be like Henry Kravis or Bill Gross. These kids were born to drive out operational efficiencies and beat(*cough* front-run*cough*) the markets.

  • happypantsmcgee's picture

    I blame the Mexicans for taking our jobs.

    If I had asked people what they wanted, they would have said faster horses - Henry Ford

  • 2x2Matrix's picture

    If making over $1mil a year is "hardly inspiring," then you need a reality check. And yeah, the average is thrown off but higher numbers, but there aren't 10,000 Warren Buffetts covering up for poor people in the top 1%. While there are people making $400k in that sample, for many of them, 400k isn't the most that they're going to earn in their careers. Even Henry Kravis made 400k at some point on his way to billions.

    If you define the "rich" cutoff as making $20 million a year, you're almost definitely going to be disappointed. Even if the last person in that top 1% doesn't make an astonishing number, he's still out-earning 99% of the American population. If that seems pathetic to anyone, that person needs to wake the fuck up. Being one of 10,000 entry-level analysts each year doesn't mean that your definition of financial success should suddenly be Henry Kravis. I get the desire to not be skimming by at the 50th percentile, but the kind of mindset that deems the 99th percentile too low is just setting you up for disappointment. There's always someone richer.

    One of those lights, slightly brighter than the rest, will be my wingtip passing over.

  • rbkchoi's picture

    It makes me a little sad seeing these things.
    Even though I don't make money for myself, I hope I am not ignorant enough to just hoard everything I have.
    Padres have given me a pretty decent look on the world, seeing how my dad started with $200 in America and now 22 yearsish later he can afford to get both his kids German cars and do many philanthropic non-profit organizations, I hope I can do more with my life.
    Rambled

    It's what you put into it

  • MrLove's picture

    Had the real estate prices increased/progressed proportionally with non-wall street pay increase, the folks making 31k would have better life styles.

  • UFOinsider's picture

    In my darker hours, I scan the web looking for a place in the Islands where I can just disappear to. The thinking goes: Fuck this, I'll go be poor in paradise.

    Get busy living

  • MSFhopeful's picture

    Do you mean top 10% make 1.1 mil? That would be 30 million people, but you keep saying the top 1% and 30,000,000 people. 10 would be easier to believe than 1, I imagine the top 3,000,000 in america make well above 1.1 mil on average.

    "The only point in making money is so you can tell some big shot where to go."
    -Bogie

  • The Man's picture

    Isn't it kind of inevitable that there will be a large pay gap? Wealth grows exponentially; the more you have, the faster it grows, so it is theoretically impossible for the general population to ever catch up to the folks at the top, and, the if you have slightly more, you will eventually (over generations) widely outstrip those slightly below you.

    Just an idea; thoughts?

  • In reply to The Man
    UFOinsider's picture

    The Man:
    Isn't it kind of inevitable that there will be a large pay gap? Wealth grows exponentially; the more you have, the faster it grows, so it is theoretically impossible for the general population to ever catch up to the folks at the top, and, the if you have slightly more, you will eventually (over generations) widely outstrip those slightly below you.

    Just and idea; thoughts?


    ^ This is the logic driving the reaction that manifests itself in what we call the progressive tax.

    Get busy living

  • Jackiesinthesun's picture

    The 90/10 Rule works for almost everything. It's human nature. Survival of the fittest.

  • In reply to MSFhopeful
    Midas Mulligan Magoo's picture

    MSFhopeful:
    Do you mean top 10% make 1.1 mil? That would be 30 million people, but you keep saying the top 1% and 30,000,000 people. 10 would be easier to believe than 1, I imagine the top 3,000,000 in america make well above 1.1 mil on average.

    typo
    fixed

  • In reply to rbkchoi
    GOB's picture

    rbkchoi:
    It makes me a little sad seeing these things.
    Even though I don't make money for myself, I hope I am not ignorant enough to just hoard everything I have.
    Padres have given me a pretty decent look on the world, seeing how my dad started with $200 in America and now 22 yearsish later he can afford to get both his kids German cars and do many philanthropic non-profit organizations, I hope I can do more with my life.
    Rambled

    Cool I'll take half of your earnings since you're feeling philanthropic :)

    In all honesty I get what you're saying and I too plan to reach back to society one day. My concern of course is how will the $ be used, and is it productive. I think the best solution is sort of a meritocracy of philanthropy for example scholarship endowments to high potential students who have earned it.. Now am I being too risk adverse in my philanthropy? Maybe, but I feel like so much $ is lost through the system, taxed and just plain wasted

  • GOB's picture

    This is sort of a side topic I guess but

    Who else here has siblings?
    Do they have your earning potential?
    If not, will you look out for them in the future? Be their superman?

    I ask bc I have a sister in (sigh) art school and a brother who is likely to be earn an 'average' income

  • In reply to UFOinsider
    LIBOR's picture

    UFOinsider:
    In my darker hours, I scan the web looking for a place in the Islands where I can just disappear to. The thinking goes: Fuck this, I'll go be poor in paradise.

    This kind of reminds me of this joke.

  • IBD_Captain's picture

    I don't think your average Wall St stiff makes 400K, most associates break that. I'd put the number more around 800K which let's face it, is still very respectable.

    I'd also say that most of the kids headed to the street know full well about this gap. Most don't go to Wall St to become billionaires, they go to make the aforementioned 800K, buy a 7 bedroom house in CT, buy the BMW 760li and the Ferrari for the weekend and send the kids to Phillips Exeter. Basically, most go in just wanting to join the very top of the upper middle class.

  • In reply to GOB
    coach.captain's picture

    GOB:
    This is sort of a side topic I guess but

    Who else here has siblings?
    Do they have your earning potential?
    If not, will you look out for them in the future? Be their superman?

    I ask bc I have a sister in (sigh) art school and a brother who is likely to be earn an 'average' income

    Take care of your family, brah!

  • In reply to IBD_Captain
    awm55's picture

    IBD_Captain:
    I don't think your average Wall St stiff makes 400K, most associates break that. I'd put the number more around 800K which let's face it, is still very respectable.

    You think the average guy on wall street makes 800k? Seriously? I doubt its anywhere near that number.

  • In reply to GOB
    UFOinsider's picture

    GOB:
    This is sort of a side topic I guess but

    Who else here has siblings?
    Do they have your earning potential?
    If not, will you look out for them in the future? Be their superman?

    I ask bc I have a sister in (sigh) art school and a brother who is likely to be earn an 'average' income


    I do. My father passed, and he was the FUCKING MAN, but now I'm the patriarch. If he was still around, I'd still be working my nice, happy job in my hometown. But since my family can't yet survive without financial help, I'm here to slash and burn for a decade or so. After that, who the hell cares

    Get busy living

  • monkeysama's picture

    In before ANT finds this thread and tells us that everyone should be able to feed a family, provide for a college education and healthcare, and destroy communism (SOCIALISM AAAAAAAAAHHHHHHHH!!!!!!) on 30k a year.

    This shit makes me want to find a rich person and eat them.

  • In reply to Jackiesinthesun
    Logger54's picture

    Jackiesinthesun:
    The 90/10 Rule works for almost everything. It's human nature. Survival of the fittest.

    Back in my day it was the 80/20 Rule...

  • In reply to UFOinsider
    GOB's picture

    UFOinsider:
    GOB:
    This is sort of a side topic I guess but

    Who else here has siblings?
    Do they have your earning potential?
    If not, will you look out for them in the future? Be their superman?

    I ask bc I have a sister in (sigh) art school and a brother who is likely to be earn an 'average' income


    I do. My father passed, and he was the FUCKING MAN, but now I'm the patriarch. If he was still around, I'd still be working my nice, happy job in my hometown. But since my family can't yet survive without financial help, I'm here to slash and burn for a decade or so. After that, who the hell cares

    Sorry for your loss bro.

    I feel the same way. It's the burden of being the smartest and most logical. I know that at 15 years into my career my annual compensation will nearly equal what they each has made over the 15 years... Sad but true. This is why my dad is still grinding really hard at 56.

  • awm55's picture

    The fact of the matter is middle class incomes have been largely stagnant for almost a generation while the hyper wealthy has had their income explode. I just don't see how Obama raising the top income bracket by 2% is that crazy a policy choice.

  • In reply to IBD_Captain
    Midas Mulligan Magoo's picture

    IBD_Captain:
    I don't think your average Wall St stiff makes 400K, most associates break that. I'd put the number more around 800K which let's face it, is still very respectable.

    I'd also say that most of the kids headed to the street know full well about this gap. Most don't go to Wall St to become billionaires, they go to make the aforementioned 800K, buy a 7 bedroom house in CT, buy the BMW 760li and the Ferrari for the weekend and send the kids to Phillips Exeter. Basically, most go in just wanting to join the very top of the upper middle class.

    Jesus. Now I have to name drop Michael Douglas and spell out that I'm quoting fucking Wall Street? You kids are really slacking these days.

    As for $800K buying all that, perhaps...in 1987.

    Try a 4/3 in Westchester, a Windstar for her, a Navigator for you and a happy daily trip to Our Lady of Whereverdafukk for the little ones.

  • In reply to GOB
    UFOinsider's picture

    GOB:
    UFOinsider:
    GOB:
    This is sort of a side topic I guess but

    Who else here has siblings?
    Do they have your earning potential?
    If not, will you look out for them in the future? Be their superman?

    I ask bc I have a sister in (sigh) art school and a brother who is likely to be earn an 'average' income


    I do. My father passed, and he was the FUCKING MAN, but now I'm the patriarch. If he was still around, I'd still be working my nice, happy job in my hometown. But since my family can't yet survive without financial help, I'm here to slash and burn for a decade or so. After that, who the hell cares

    Sorry for your loss bro.

    I feel the same way. It's the burden of being the smartest and most logical. I know that at 15 years into my career my annual compensation will nearly equal what they each has made over the 15 years... Sad but true. This is why my dad is still grinding really hard at 56.


    Yeah, I figured that since money is such a factor just go into an industry that pays buttloads and get that worry out of the way. I look at so many people I know that dream of winning the lottery, and I've decided to do the next best thing: go out and earn it. The upside is that a lot of my family who don't make a lot contribute in the way of intagibles, so they keep me sane while I go through this soul crushing industry.

    monkeysama:
    This shit makes me want to find a rich person and eat them.

    Do better - BECOME RICH

    Get busy living

  • In reply to GOB
    bigimot's picture

    GOB:
    I feel the same way. It's the burden of being the smartest and most logical. I know that at 15 years into my career my annual compensation will nearly equal what they each has made over the 15 years... Sad but true. This is why my dad is still grinding really hard at 56.

    Why is that so much of a burden for you? I've got 2 younger sisters, they're both smart and extremely talented but still it's most likely that I'll make more then both of them and I can't wait to be in a position to be able to help them out or support them or just buy them something really nice that maybe they can't afford alone. I want to be the head of my family and take care of my family. Family is everything we've got in this world and it's above all. Your friends can betray you, your wife might be leaving you but blood connection remains. For me money is just a means to an end, surely not the destination.

  • In reply to monkeysama
    txjustin's picture

    monkeysama:
    In before ANT finds this thread and tells us that everyone should be able to feed a family, provide for a college education and healthcare, and destroy communism (SOCIALISM AAAAAAAAAHHHHHHHH!!!!!!) on 30k a year.

    This shit makes me want to find a rich person and eat them.

    30K is about what my parents made when I was born. In all honesty, my mom raised two kids on <$60k/year. yes, my dad paid child support, but that's not much.

    If you feel so inclined, sign over half your paycheck each pay period to those less fortunate. Don't push your ideology on those that want to keep what they earn.

  • In reply to bigimot
    MrV's picture

    bigimot:
    GOB:
    I feel the same way. It's the burden of being the smartest and most logical. I know that at 15 years into my career my annual compensation will nearly equal what they each has made over the 15 years... Sad but true. This is why my dad is still grinding really hard at 56.

    Why is that so much of a burden for you? I've got 2 younger sisters, they're both smart and extremely talented but still it's most likely that I'll make more then both of them and I can't wait to be in a position to be able to help them out or support them or just buy them something really nice that maybe they can't afford alone. I want to be the head of my family and take care of my family. Family is everything we've got in this world and it's above all. Your friends can betray you, your wife might be leaving you but blood connection remains. For me money is just a means to an end, surely not the destination.

    I really like this post!!!

    Banking.

  • In reply to txjustin
    monkeysama's picture

    txjustin:
    monkeysama:
    In before ANT finds this thread and tells us that everyone should be able to feed a family, provide for a college education and healthcare, and destroy communism (SOCIALISM AAAAAAAAAHHHHHHHH!!!!!!) on 30k a year.

    This shit makes me want to find a rich person and eat them.

    30K is about what my parents made when I was born. In all honesty, my mom raised two kids on <$60k/year. yes, my dad paid child support, but that's not much.

    If you feel so inclined, sign over half your paycheck each pay period to those less fortunate. Don't push your ideology on those that want to keep what they earn.

    If I was making over a million a year I would sign over 500k. As it is, I'm unemployed and fast becoming unemployable. I doubt I'll have anything looking like a middle class career, much less be able to afford to have children. How long ago were your parents making that kind of money? Things have gotten much worse as time has gone on as is shown by some of these statistics.

  • In reply to UFOinsider
    monkeysama's picture

    UFOinsider:

    monkeysama:
    This shit makes me want to find a rich person and eat them.

    Do better - BECOME RICH

    That's like telling a black kid in the ghetto that he could be Michael Jordan if only he shot hoops every day and tried REALLY hard. Rich is 1/10th of one percent numbnuts. 40 percent of people today have a college education, 15 percent have a masters degree. The difference between you and me is that I KNOW I'm not a special little snowflake. Since it's so silly I'm going to respond to you with literature:

    Tyler Durden: Man, I see in fight club the strongest and smartest men who've ever lived. I see all this potential, and I see squandering. God damn it, an entire generation pumping gas, waiting tables; slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don't need. We're the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War's a spiritual war... our Great Depression is our lives. We've all been raised on television to believe that one day we'd all be millionaires, and movie gods, and rock stars. But we won't. And we're slowly learning that fact. And we're very, very pissed off.

  • In reply to monkeysama
    txjustin's picture

    monkeysama:
    txjustin:
    monkeysama:
    In before ANT finds this thread and tells us that everyone should be able to feed a family, provide for a college education and healthcare, and destroy communism (SOCIALISM AAAAAAAAAHHHHHHHH!!!!!!) on 30k a year.

    This shit makes me want to find a rich person and eat them.

    30K is about what my parents made when I was born. In all honesty, my mom raised two kids on <$60k/year. yes, my dad paid child support, but that's not much.

    If you feel so inclined, sign over half your paycheck each pay period to those less fortunate. Don't push your ideology on those that want to keep what they earn.

    If I was making over a million a year I would sign over 500k. As it is, I'm unemployed and fast becoming unemployable. I doubt I'll have anything looking like a middle class career, much less be able to afford to have children. How long ago were your parents making that kind of money? Things have gotten much worse as time has gone on as is shown by some of these statistics.

    They made that 25 years ago. My dad currently makes ~$60K/year and my mom makes ~$70k a year.

  • In reply to txjustin
    monkeysama's picture

    txjustin:
    monkeysama:
    txjustin:
    monkeysama:
    In before ANT finds this thread and tells us that everyone should be able to feed a family, provide for a college education and healthcare, and destroy communism (SOCIALISM AAAAAAAAAHHHHHHHH!!!!!!) on 30k a year.

    This shit makes me want to find a rich person and eat them.

    30K is about what my parents made when I was born. In all honesty, my mom raised two kids on <$60k/year. yes, my dad paid child support, but that's not much.

    If you feel so inclined, sign over half your paycheck each pay period to those less fortunate. Don't push your ideology on those that want to keep what they earn.

    If I was making over a million a year I would sign over 500k. As it is, I'm unemployed and fast becoming unemployable. I doubt I'll have anything looking like a middle class career, much less be able to afford to have children. How long ago were your parents making that kind of money? Things have gotten much worse as time has gone on as is shown by some of these statistics.

    They made that 25 years ago. My dad currently makes ~$60K/year and my mom makes ~$70k a year.

    Ah...so then what was your point again? Have they ever not been in the top 10 percent of income?

  • TNA's picture

    If you have no skill or education and can only make 30k per year, what business do you have bringing a child into this world?

    Honestly, fuck them. I didn't realize my hard work was so someone else can slack and be taken care of.

    How is it a rich persona fault. Most wealth comes those who giro school. Not just ivy league schools. You get a state school education, work two jobs, save and plan and build wealthy.

    Why is it that immigrants, who don't speak English, can come here with nothing and follow that simple plan and do well, but Amerxans, with all the advantage in the world look for help and someone to blame.

    So tired of this topic. Be free and accept responsibility. I'm not your parent and I am not your friend. Goof off, shot out kids, spend too much and suffer the consequences.

    We keep helping out the weakest links.

    Oh well. I guess I should be punished for working hard my whole life. I must have done something wrong. And we wonder why this country is going down the tubes.

  • TNA's picture

    Hey monkey, could you tell me where you donate all of your income to? You always push for more tax and anti rich, I am sure you walk the talk and redistribute your own wealth to those who have lesser than you.

    Or maybe you just want to take from others and not do it yourself.

  • In reply to monkeysama
    UFOinsider's picture

    monkeysama:
    UFOinsider:

    monkeysama:
    This shit makes me want to find a rich person and eat them.

    Do better - BECOME RICH

    That's like telling a black kid in the ghetto that he could be Michael Jordan if only he shot hoops every day and tried REALLY hard. Rich is 1/10th of one percent numbnuts. 40 percent of people today have a college education, 15 percent have a masters degree. The difference between you and me is that I KNOW I'm not a special little snowflake. Since it's so silly I'm going to respond to you with literature:

    Tyler Durden: Man, I see in fight club the strongest and smartest men who've ever lived. I see all this potential, and I see squandering. God damn it, an entire generation pumping gas, waiting tables; slaves with white collars. Advertising has us chasing cars and clothes, working jobs we hate so we can buy shit we don't need. We're the middle children of history, man. No purpose or place. We have no Great War. No Great Depression. Our Great War's a spiritual war... our Great Depression is our lives. We've all been raised on television to believe that one day we'd all be millionaires, and movie gods, and rock stars. But we won't. And we're slowly learning that fact. And we're very, very pissed off.


    ^ I've been down that road and there's nothing there, trust me. If you don't get the job you want, take any job, but just stay in the game. Not everyone can be billionaires, but in this country, it's highly likely that with enough effort, thought, and time that you can do very well for yourself.

    Hit the gym for an hour and then get networking again, you'll thank yourself this time next year when you're in a better place.....

    Get busy living

  • TNA's picture

    Too busy making excuses and not busy enough solving problems. Booooooooo hoooooo, cry me a river.

    You want to make money in America? Go long Kleenex abs tampons. Bunch of pussies crying all the time.

  • In reply to TNA
    GoodBread's picture

    ANT:
    If you have no skill or education and can only make 30k per year, what business do you have bringing a child into this world?

    With that kind of logic, the demographics of our country could get pretty ugly, pretty quick.

  • In reply to michaelj901
    UFOinsider's picture

    michaelj901:
    http://www.scribd.com/doc/6674234/Citigroup-Oct-16-2005-Plutonomy-Report-Part-1
    ...Citi's infamous Plutonomy Report 6 years old but still relevant

    This was the state of old Rome before the emperial period began: plutocracy, rule by the rich, which is a subset of oligarchy: rule by the few. This is nothing new, and is the natural progression of civilizations, with royal families official or otherwise to institute themselves being the next logical step. If the logic of the founding fathers holds, at this point our citizens will move to begin dismantling the government that protects this background power structure. The only thing that can put this trend on hold is to have the $30K+/- provide a day to day lifestyle that is acceptable, and maintain civil liberties. Also, in the US, charity is much more prominent than in any other civilization of history.

    The counterpoint that I always get is this: While I agree that Bill Gates is about to give away more money at his death than has ever been done in all of history, he has effectively trumped any civil society and retained personal control of the decision making process. Why should I vote if one man can throw some pocket change around and wield more power than my state? What if he chose to give this money to his progeny, as the Waltons have, and cultivate them to be the new ruling class? What would happen then?

    The Tea Party would seem like moderates.

    Get busy living

  • In reply to GoodBread
    TNA's picture

    GoodBread:
    ANT:
    If you have no skill or education and can only make 30k per year, what business do you have bringing a child into this world?

    With that kind of logic, the demographics of our country could get pretty ugly, pretty quick.

    No one will listen, but that is why I no longer care. Condoms are cheap and easy. Bringing a life into this world is a big responsibility. People who cannot afford to raise a kid, yet have them anyway an then cry to me for money get no sympathy.

    Once again, in America, those who plan and save have to finance the losers of society. Not my problem.

  • In reply to TNA
    awm55's picture

    ANT:
    If you have no skill or education and can only make 30k per year, what business do you have bringing a child into this world?

    Honestly, fuck them. I didn't realize my hard work was so someone else can slack and be taken care of.

    How is it a rich persona fault. Most wealth comes those who giro school. Not just ivy league schools. You get a state school education, work two jobs, save and plan and build wealthy.

    Why is it that immigrants, who don't speak English, can come here with nothing and follow that simple plan and do well, but Amerxans, with all the advantage in the world look for help and someone to blame.

    So tired of this topic. Be free and accept responsibility. I'm not your parent and I am not your friend. Goof off, shot out kids, spend too much and suffer the consequences.

    We keep helping out the weakest links.

    Oh well. I guess I should be punished for working hard my whole life. I must have done something wrong. And we wonder why this country is going down the tubes.

    Did you even read the OP's post? You just advocated that 90% of this country stop procreating and said fuck you to them. This is why I never take you seriously.

  • In reply to awm55
    UFOinsider's picture

    awm55:
    ANT:
    If you have no skill or education and can only make 30k per year, what business do you have bringing a child into this world?

    Honestly, fuck them. I didn't realize my hard work was so someone else can slack and be taken care of.

    How is it a rich persona fault. Most wealth comes those who giro school. Not just ivy league schools. You get a state school education, work two jobs, save and plan and build wealthy.

    Why is it that immigrants, who don't speak English, can come here with nothing and follow that simple plan and do well, but Amerxans, with all the advantage in the world look for help and someone to blame.

    So tired of this topic. Be free and accept responsibility. I'm not your parent and I am not your friend. Goof off, shot out kids, spend too much and suffer the consequences.

    We keep helping out the weakest links.

    Oh well. I guess I should be punished for working hard my whole life. I must have done something wrong. And we wonder why this country is going down the tubes.

    Did you even read the OP's post? You just advocated that 90% of this country stop procreating and said fuck you to them. This is why I never take you seriously.


    Left meet Right. have fun....

    Get busy living

  • TNA's picture

    We have rule of law in this country. No one is stopping someone from working hard and making wealth. This is not what Rome was.

    Nation of hand outs and babies. We dot deserve to be great anymore. Pathetic.

  • junkbondswap's picture

    This country is full of entitled whiny lazy pieces of shit. Anyone in this country with a work ethic and half a brain could easily become a millionaire. The problem is that people do not know how to budget their money, forego instant gratification through purchases of meaningless crap and make the appropriate sacrifices to grow their wealth (i.e. stop popping out kids you fckng idiot, study harder, work longer, etc.)

    I am sick and tired of the excuses and paying for other people's entitlement programs.

    Monkeysama, you dont have to be "special" to build wealth and lead a satisfying life. You're just a negativity spreader who at the moment is down on his luck.

  • TNA's picture

    Fuck you AWM. I advocate procreating when you can take care of your child. I know personal responsibility is foreign to you.

    Also kid, 30k x2 people is 60k. Enough to raise a kid, but not 3 or 4.

  • TNA's picture

    AWM, do you have to sweat my nuts on every post. Let monkeysama argue the liberal side, at least he is intelligent about it. Your sycophant behavior is lame.

  • In reply to monkeysama
    txjustin's picture

    monkeysama:
    txjustin:
    monkeysama:
    txjustin:
    monkeysama:
    In before ANT finds this thread and tells us that everyone should be able to feed a family, provide for a college education and healthcare, and destroy communism (SOCIALISM AAAAAAAAAHHHHHHHH!!!!!!) on 30k a year.

    This shit makes me want to find a rich person and eat them.

    30K is about what my parents made when I was born. In all honesty, my mom raised two kids on <$60k/year. yes, my dad paid child support, but that's not much.

    If you feel so inclined, sign over half your paycheck each pay period to those less fortunate. Don't push your ideology on those that want to keep what they earn.

    If I was making over a million a year I would sign over 500k. As it is, I'm unemployed and fast becoming unemployable. I doubt I'll have anything looking like a middle class career, much less be able to afford to have children. How long ago were your parents making that kind of money? Things have gotten much worse as time has gone on as is shown by some of these statistics.

    They made that 25 years ago. My dad currently makes ~$60K/year and my mom makes ~$70k a year.

    Ah...so then what was your point again? Have they ever not been in the top 10 percent of income?

    My first job out of undergrad paid $24k/year. That was 3 years ago. That count?

  • In reply to UFOinsider
    awm55's picture

    UFOinsider:
    awm55:
    ANT:
    If you have no skill or education and can only make 30k per year, what business do you have bringing a child into this world?

    Honestly, fuck them. I didn't realize my hard work was so someone else can slack and be taken care of.

    How is it a rich persona fault. Most wealth comes those who giro school. Not just ivy league schools. You get a state school education, work two jobs, save and plan and build wealthy.

    Why is it that immigrants, who don't speak English, can come here with nothing and follow that simple plan and do well, but Amerxans, with all the advantage in the world look for help and someone to blame.

    So tired of this topic. Be free and accept responsibility. I'm not your parent and I am not your friend. Goof off, shot out kids, spend too much and suffer the consequences.

    We keep helping out the weakest links.

    Oh well. I guess I should be punished for working hard my whole life. I must have done something wrong. And we wonder why this country is going down the tubes.

    Did you even read the OP's post? You just advocated that 90% of this country stop procreating and said fuck you to them. This is why I never take you seriously.


    Left meet Right. have fun....

    This isn't a left or right issue. What he advocated is off the political spectrum and into crazy town territory. You can't argue with someone who just advocates giving a big fuck you to 90% of his countryman.

  • In reply to TNA
    awm55's picture

    ANT:
    Fuck you AWM. I advocate procreating when you can take care of your child. I know personal responsibility is foreign to you.

    Also kid, 30k x2 people is 60k. Enough to raise a kid, but not 3 or 4.

    So do I, and when I suggested that people on welfare should have their welfare taken away if they have more kids you made it sound like it was such a crazy idea that the government control procreation.

    All you do is rant about the poor. How about offering a solution? You are not going to change the mentality of a huge proportion of this country by telling them they are lazy and stupid. The government needs to take a hard line solution when it comes to this kind of stuff, its the only way people are going to change.

Pages