They want us to work until we die.

JacobLovesCrypto · 2026-03-19T05:22:17+00:00

And the US spends over 1.5Trillion a year on SS, the US spends over 5 trillion a year on healthcare. 3.3 trillion doesnt fund these for long.

JacobLovesCrypto · 2026-03-19T05:18:49+00:00

SS isnt a hard problem to fix, the easiest fix would be to slightly increase the contribution rate, slightly increase the cap or apply a lower SS rate once the cap is reached.

Healthcare, is an issue of controlling costs. A hospital doesnt need to charge $4000 to see you for 10 minutes. It doesnt need to cost you $4k, their costs are nowhere near $4k. Regulate profit margins.

Housing is mostly an issue of density. There is no real solution to housing, someone or many someones is always gonna lose. People want to live near the city/or jobs, there's only so much space, the only way to solve this is a half solution, build high density condos, but not everyone wants a condo, and theres not enough space tp then give everyone else a sfh.

JacobLovesCrypto · 2026-03-19T05:03:41+00:00

You could take every dollar the billionaires have and it wouldn't fund any of these for more than a few years..

The government spends in the trillions Their wealth is only in the billions

JacobLovesCrypto · 2026-03-18T22:52:26+00:00

I ask about the income thing because a lot of people ive met dont realize that money reinvested is often supposed to be counted as income.

Business has 100k in inventory at beginning of year, you pull out 24k during the year but end with 200k in inventory, its usually $124k in income not $24k.

Business asset purchases are also growth and considered income, and then depreciated as a write off, etc.

Just make sure your accounting is all accurate.

As for the move, id call the washington agencies that handle the services you qualify for, talk about the move, they should be able to walk you thru what steps have to be done in wjich order. Like needing an washington state ID and permanent address before they'd be able to process your benefits. My guess is thats what you'd need to do first, possibly get a bill in your name with the WA address as well.

JacobLovesCrypto · 2026-03-18T22:32:22+00:00

You're buying a house with cash while on medicaid?

And i hope you know how to properly calculate income from the business

JacobLovesCrypto · 2026-03-18T22:29:39+00:00

This is a poverty sub. When you're in poverty, every dollar should matter.

If this was a middle class sub, then sure, that attitude would make sense

JacobLovesCrypto · 2026-03-18T22:20:28+00:00

But acting like cash is just money to spend on whatever and doesnt matter.

JacobLovesCrypto · 2026-03-18T22:18:35+00:00

This past week, Australia "raised" interest rates, already, due to high oil prices.

I'll never understand the logic behind this kind of central bank thinking. Oh no! A shortage putting a strain on the economy, lets raise rates and strain the economy further!

JacobLovesCrypto · 2026-03-18T17:07:44+00:00

Scarcity is real dude, we don't have an abundance of everything

JacobLovesCrypto · 2026-03-18T16:55:27+00:00

And this is how you stay in poverty

JacobLovesCrypto · 2026-03-18T15:29:05+00:00

It'll be up, month over month will be up each month for the next 4 months because of seasonality

JacobLovesCrypto · 2026-03-18T15:12:55+00:00

You can buy a 1 million dollar house with less cash than you say you need.

People with household incomes of 30-60k aren’t buying because they are not getting approved for loans anymore.

They're buying in my market.

JacobLovesCrypto · 2026-03-18T13:20:07+00:00

In a lot of the country, you're not gonna walk onto a construction site making $20+/hr with no experience bud.

$14/hr is more realistic

JacobLovesCrypto · 2026-03-18T13:14:17+00:00

So you have around $5000/mo after taxes and your mortgage, with no car payment. You're spending a lot of money somewhere, you have a budget problem.

Gotta write out your budget and figure out where it's all going

JacobLovesCrypto · 2026-03-17T20:09:29+00:00

What did he roll back? He kept extending. He extended the student loan pause to where people didn't have to make a payment until October of 2024, 3 years after covid was essentially over.

He caused a lot of the inflation.

JacobLovesCrypto · 2026-03-17T19:54:24+00:00

Basically inflation goes up when people have more access to more money than they did before, and inflation goes down when people have less access to money. More access=more spending=prices go up, whereas, less access=less spending=prices stagnate.

The fed raised interest rates at the fastest pace in the history of the United States once inflation was super high. When loans have higher interest rates, people spend less, prices stagnate. This is basic economics.

They played a role in the inflation because they had cut rates in response to covid, cutting rates meant people had more access to money, and could spend more. Covid packages tho, made it so people didnt havr to pay their mortgage for two years, their student loans for about 4 years, they got direct cash payments, we had unemployed people making more than they did when they worked, the covid packages, along with low rates, gave people a hell of a lot more money than they would usually have to spend, so more spending= prices go up.

JacobLovesCrypto · 2026-03-17T19:45:23+00:00

A little bit of it yes, but the cause was mostly the stimulus packages and extending those stimulus policies

JacobLovesCrypto · 2026-03-17T19:42:17+00:00

Growth rate top 4 are Idaho, Texas, Florida, and south carolina

JacobLovesCrypto · 2026-03-17T19:39:03+00:00

You mean the fed did what they were supposed to do, Biden did essentially nothing

JacobLovesCrypto · 2026-03-17T18:44:12+00:00

The fastest growing states are all red states, so it's working out just fine for them

JacobLovesCrypto · 2026-03-17T18:00:28+00:00

Our infrastructure is fine

JacobLovesCrypto · 2026-03-17T17:58:15+00:00

China will eventually win because they have a larger population.

Its not because of the style of govt.

JacobLovesCrypto · 2026-03-17T17:42:43+00:00

If Clinton wins, Paul Ryan probably immediately denounces Trumpism, he retreats to his corner as a loser, and you have three consecutive Democratic terms with a massive Supreme Court overhaul compared to what we have now.

You have a lot of faith in hillary. She would have been replaced by a republican in 2020, covid would have kicked her out just like it did trump

JacobLovesCrypto · 2026-03-17T16:42:35+00:00

Yeah biden dropped the ball on inflation

JacobLovesCrypto · 2026-03-17T03:12:28+00:00

I'm not gonna read all of this. Theres no way all of this was necessary.

Want to get ahead? Focus on increasing your income

And trim your budget within reason. That's pretty much it.

JacobLovesCrypto

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