Re:Ask HN: What is really wrong with the US economy, really?
by kevingadd on Thursday February 27, 2014 @06:44PM
(#7316169)
I agree completely. To me, the most concerning question is whether eventually, his $110k income won't even be enough for the essentials - housing, health care, taxes, food, etc. Costs keep going up; will they stop? Will his income go up automatically? Where's the money going to come from? Most of the profits and growth in this economy seem to be going to people who are already rich, while jobs keep evaporating.
Things sound like they're OK for the OP right now, and he doesn't sound incredibly troubled, just perturbed. And that's probably the right point of view; no use freaking out. But I genuinely worry for a big chunk of the US - people my age and younger - because I don't know if they'll be able to afford anything, or get jobs, 10 years from now.
Once you're able to pay your expenses and put enough money away to have piece of mind, I think the intangible things matter most. If all my friends have to move into the wilderness to afford their rent, though, I'm gonna be pretty lonely :)
Things sound like they're OK for the OP right now, and he doesn't sound incredibly troubled, just perturbed. And that's probably the right point of view; no use freaking out. But I genuinely worry for a big chunk of the US - people my age and younger - because I don't know if they'll be able to afford anything, or get jobs, 10 years from now.
Once you're able to pay your expenses and put enough money away to have piece of mind, I think the intangible things matter most. If all my friends have to move into the wilderness to afford their rent, though, I'm gonna be pretty lonely :)