Politics America needs a raise.

Of course it did.

My own grandfather brought three Stone Masons over from Scotland, paid their way and sponsored them with a job in the 1920s.

The gang of them did the rock work all over Clackamas county. A big project you can see on the old Highway 99 around the Willamette falls. Two years ago I discovered some in Cathlamet WA too. The local historian there was delighted to hear about who did the stone work.

 

https://www.msn.com/en-us/money/per...y-in-america-has-become/ar-AABOnO4?li=BBnb7Kz

One brutal sentence sums up the dismal state of wealth disparity in the US.


"The bottom half of Americans combined have a negative net worth," Ben Steverman wrote in a recent Bloomberg article.

This statement is based on the research of economists Emmanuel Saez and Gabriel Zucman, who study wealth inequality. Zucman is a "wealth detective" who spends hours combing through spreadsheets of tax tables, macroeconomic datasets, and international money flow calculations to find the secret money stashes of the world's richest people.

Saez and Zucman's research on wealth inequality also found that 20% of American wealth is controlled by the top 0.1% of taxpayers - or about 170,000 families. The top 1% control about 39% of the country's wealth, and the bottom 90% hold only 26%, despite years of economic growth in the US overall.

"The pie has not become bigger" in the US, Zucman told Bloomberg. "It's just that a bigger slice is going to the top."

 

Gentrification keeps me locked in. Must be nice that your rent can't go up too high. I have to live in fucking Milwaukie... GTFO...

 

Your SS check should be a wage that exceeds your basic needs. We also know that SS has no effect on the debt and deficit but righties will tell that lie till the cows come home.

 

3% every year. My place is small though, like 490 square feet, but I make the most of it.

 

don't worry bro...one day you'll graduate to a double wide

 

That would be sweet livin'.

 

Fucking Californians...

The home where I grew up is over half a mil now... $529K

But I can move out to the Burbs in a WAY better house and better school system for WAY cheaper..

https://www.zillow.com/homedetails/6995-SW-Juniper-Ter-Beaverton-OR-97008/48549399_zpid/

It's Criminal.

 

That is 1.3 million in my hood. I looked at open houses yesterday, it's a joke.

 

My son's house bought 2 years ago in Eugene is already worth 150k more than he paid....it is insane ….I bought my place just in time in Oregon.

 

Sadly, wages aren't keeping up with living costs. Things are so fucked right now. I mean, I'm good, but like everyone else.

People need to learn to live super cheaply.

 

Cheer up, it could be worse. Move over here, the house next door to me was for sale and just recently sold. There are others starting at $500,000.00 and up.
I lived in a decent lower middle class neighborhood in Aloha where houses were quite a bit cheaper although some parts are not so desirable. There are nice homes in Beaverton for half that price. Depends on how much you have to spend.

 

never said it was.

Its just as fucked as the Obama economy.

Which is just as fucked as the Bush economy.

All because we didn't let it burn down. Then made it worse by printing money and buying bonds.

QE and FED Rates near zero.

We have always been fucked, just kicking the can down the road.

 

Ha!
I built a house in West Linn back when I worked in Portland. Did it with a State GI construction loan. 18K

The thing is worth 1.2 million now. Crap! I would hate to pay that tax bill.

 

hoard crypto and gold.

stay away from Facebook's coin.

 

He burnt down the stupid libs down a notch.