US Social Security Admin: More Than Half Of Wage Earners Make $30,000 or Less!

I agree with some of this. However, banning free trade is not necessary, just level the fucking playing field. The problem is a mix of labor unions, commodities traders, investment banks, socialism, corporate welfare, and other factors.

Face it, the entire global village is in decline. The Internet is a new Tower of Babel. It is going to fall, it's just a question of when. A year? A decade? A century?

Our young people are too worried about games, celebrities, and facebook. And our elders want to live forever, it's a mishmash of disasters.

It really makes zero sense for a family of four to purchase more than a 4 bed 3 bath home. That's about right for comfort and then later when the kids come back home for visits, or if you have company and need the extra space.

You're right these mega-homes make zero sense. The idea was that your home was likely the safest investment.

Honestly over the long haul, a modest well maintained home should increase in value. However, the average American moves every seven years. Often they don't prepay on their mortgage. That means you actually might not see any increase in appreciated home values to offset the real estate broker's fees plus have whittled down the principal enough to actually see a profit. Naturally in a declining market you won't.

In addition, a lot of foolish people took out home equity loans to buy silly things like a granite countertop. While it looks great, it's expensive. Things like that can add to the value of your home, mostly if you do the work, not have someone else do it for it's expensively installed.

If one stayed in an average home in my region for the entire 30 years, in reality, most people don't maintain their homes. Many areas decline in value over that much time as newer areas on the outskirts increase in value, and so sometimes people who purchased modest homes might make far more money investing. That time however has come and gone.

We have tons of real estate on banking books as assets, but they're toxic assets. The value of the home versus the mortgaged amount means it would make sense for many homeowners to literally walk away. Some have done that.

Meanwhile, the banks are not really in a hurry in some cases to release them. They know they might sell them for a fraction if they're lucky. In other cases, the robo-scandal means there's no clear title to the property. In some humorous cases, some enterprising individuals are using adverse possession to live in an abandoned home that the bank isn't checking on, often very expensive mansions, and merely living for free. It takes time to exhaust all of the eviction procedures and so in the meantime they live rent-free. Even some former homeowners are doing that.
[link to www.10news.com]


So if someone squats on a property long enough they own it. Of course, few can do that, but they can get free rent while doing it, and it takes a lot to evict them.

Last Edited by Don'tBeAfraid on 02/02/2013 07:34 AM

No argument from me. Re the elder question. A ton of retirees are still working part-time, and they're competing with young people. A lot of retirees can't afford to quit because their investments lost money. Retirees live longer and longer because of relatively inexpensive drugs. I know they seem expensive, but really by considering how much more longevity we have, they're not. We live into increasing decrepitude, and so medical costs soar as an elderly person crosses 70+ or so. This adds an enormous cost to Medicare.

At the same time, doctors must settle with the Medicare agency, for they don't get 100% of what is charged, and more like 75-80%, and so as more and more elderly folks are patients, then imagine trying to pay your bills as a physician running a business?

All of that will get worse.

Last Edited by Don'tBeAfraid on 02/02/2013 07:40 AM

Twice as much as an nongovernment employee doing the same job.

Well this is depressing news.

Okay folks - learn a skill that makes good money and get out of the MickyD mentality.. a lot of the following areas are jobs where someone is self-employed and basically has developed their own career. Given that I was basically self-employed for years beginning as a teen this is something most folks can do if they have a skill to offer that someone wants. As a teen I started off doing yard work for others.

Throughout my life I've done more then 10 on the following list and will probably do more in the future. What makes life interesting is new skills learned and shared.

This list is the type of work that is needed in everyday society.

Electrician
Plumer
Transportation (planes, trains, taxi, cruise ships, bus driver)
Hospitals provide a variety of jobs:
Nurse (one family member with overtime earns 100k annually)
Respiratory Therapist
Physical Therapist generally work out of a hospital
Massage Therapist earns $65 an hour here
X-ray Technician
Law Enforcement
Military is also a good option to learn employable skills
Telephone Company
County Services
Social Services
Public Health
Travel Guide
Landscaper
Construction Worker
Carpentry
Dental Assistant or hygienist
Yard busters (take lawn mower and tools to others yards to do maintenance)
Realtor (depends upon location)
Accountant/CPA or just purchase the Turbo Tax program and offer to do the taxes for others for a small fee.
Home Health Aid (provide care in the home for someone who needs it)
Housekeepers here earn $25 an hour other areas $15 an hour
Transportation (bus, train, plane, cruise ships)
Artist/Musician (one person learned the Bob Ross style of painting and then gave classes charging a nice fee per individual)
What skills do you have that you can teach others through the community center and get paid for?
Taylor (making custom clothes for others)
Chef (for hotels, cruise ships, restaurants)
Architect (even building tiny houses)
Sales Person
Nanny (live in)
Child Care Provider
Day Care Center in conjunction with a college or business
Martial Arts teacher/Yoga teacher/Dance Instructor
School teacher or college instructor
Hair dresser (for men and women)
Investigator
Marketing
Writer/Journalist
Teacher
Administrator
Coordinator (organizing groups of people for different types of events)
Photographer
Grant Writer
Computer Repair
Repair shop
Mechanic
Truck Driver (semi/FedEx/UPS?)
TSA
Social Worker
Counselor
Telephone Company
Solar installer
Rain gutter installer
Roofer
Fix-it man
Restore houses
Paint cars - car repair
Maintance worker (hotels/businesses)

It would be a helpful to sit down and do a self-assessment. For example:

Do you like to work inside or outside?
Do you like to work with your hands?
Do you like helping people or working alone?
Do you like living in the city, a small town, a rural area, suburbia, in the country or mountains where you can be a ski instructor.
Are you detail oriented?
Do you get along with people?
Do you have what it takes to get the job done?
Are you adventurous where you enjoy trying new things or going to new locations?
Do you like children?
Do you like older people?
Do you like animals?
Do you like teens?
Can you work under someone or prefer to be your own boss?
Do you have self-discipline and follow-through?
What skills do you already have - list them?
What interests you?
What skills would you like to learn and develop?
Where can you learn these skills?

Give some thought to what kind of service/skill you can provide for someone else that makes you happy.

If I were younger I would have gone into the US Space command program or been an architect building tiny houses, which I'm still considering. The main point of all of this is to self-actualize your dream by putting the effort into learning something that will provide self worth and an income. Good luck.

Last Edited by Proud American Supporter on 02/02/2013 08:58 AM

what people dont understand is the 30k wasnt so bad in the 90's. The inflation wasnt so high.The dollar was worth more.
30k a year today is like making 15k a year in the 1990's if not less.

Wages are low , inflationary spending by the government plus new laws forcing people to spend money they dont have.It is what will kill this nation in the next few years.

Last Edited by <x> on 02/02/2013 08:45 AM

The real problem that caused it was foreign workers in the u.s.
Companies loved it because it knocked 30 years off wage increases.

Last Edited by <x> on 02/02/2013 08:47 AM

The other half is employed by govt. Where each div. has 10 managers per single worker. That figures being generous.

Their work is not worth more. Otherwise they could just demand a higher payment without getting fired.

Yeah. People's wages have been flat since the late 90s. I was lucky back then and had a great job even as far back as 1980. I look at what some people are living on, and how thin the margins are, and how dealing with a single car accident that only ruined their old vehicle or breaking an arm and dealing with the recovery, or a divorce, or whatever will make them lose their job and then be on unemployment and food stamps.

A global economic collapse is highly likely.There are too many signs. Political instability is rampant. Dust Bowl conditions in the US that could devastate agriculture and hence world food prices. The vast majority of Americans don't have skills or food supplies and that ain't good partner.

How the heck are regular Americans going to pay 20K for Obamacare? That makes me incredulous if the median family makes 54K.

Last Edited by Don'tBeAfraid on 02/02/2013 09:17 AM

93 people making a butt-load of money, over $50M/yr.

Exactly, price of everything has at least doubled. Yet, incomes stay level.

The system has grown into a rip-off beast soon to be wildly out of control.

Good advice,something i need to do

Social Security Administration should publish how many (percentage) of earners making over $30,000 have government/agency job where their earnings are paid by tax dollars.

Please remove the handclap from the post. There are a lot of things wrong with the list if you are hoping to make $30,000 or more anywhere other than jobs with the government, or government regulated utilities.

Gotta go to work on my 10-hr a week job, the only thing I can find, and I'm qualified in a number of the jobs mentioned in the list, and have an advanced degree.

Yeah, and we totally believe you blowing that bs from behind your keyboard, bro. We are not inclined to go to college for 2-4 years, incurring mounds of debt, only to attempt to work that debt off at 12 bucks per hour IF we're lucky enough to get those wages. Your story, IF it's even true, is in the vast majority. Now get a grip on yourself -.-

OP called it: SHILL. You have the gall to brag and then desecrate GLP with your substandard English skills- Fuck off now, would you please? The words you are looking for are "know" and know more "than", NOT know more "then", AND it's "too", not "to". PS Please capitalize "i" as "I". I assume ONE thing: Your alleged school neither taught nor required English classes. It's a bloody shame someone throws about haughty terms yet can't express themselves sensibly. Shameful!

All this means is that the new world order devils are ruling us and driving our economy into the ground. As they are causing great economic pains upon America and are intent on enslaving you all. Especially when our President is a marxist/communist/socialist who believes that people should live with much less. While his puppet masters are storing up vast amounts of wealth, to the tune of 55 trillion dollars!!

But in the end; the Great and the Almighty God of Heaven shall defeat them all, and plague them all for 42 months of hell on the Earth. And this will happen after they have killed and martyred most of Gods people; who will not take their zombie making and mind controlling, mark of the beast chip in their right hand or foreheads.

And those who take their beast chip; shall be tormented 24/7, day and night, because it will mean that they have joined Satan and his antichrist beast. And it will mean that they have rejected God and Jesus Christ, and have chosen Satan as their lord and god!!

Last Edited by moses767 on 02/02/2013 09:53 AM

Yeah but it's people that have the ZERO tax rate that want to raise our tax rate.

IT'S COMPLETE BULLSHIT, 90% OF OBAMA LOVERS PROBABLY DON'T PAY A DIME.

You guys don't understand "wage"earners. This is W2s... but majority of business owners DO NOT use w2s. They file by 1099s, Dividends or Self Employment.

W2s only tell you half of the story guys. I own a business and report W2 for myself a small amount and the rest of the profit is reported as self employment income.

I agree this information needs to be shared. Especially as the FED targets a 2% inflation rate (which we all know is higher depending on the goods and services being observed).

The devaluation (inflation) of the dollar could eventually lead to more jobs being created in the US. There are many factors that could impair or delay this process. For example other countries devaluing their currency in an effort to stay "even" with the dollar, social stability, infrastructure, etc.

Regardless even if the US has full employment chances are those jobs will be in the 50-60% range, which essentially places these individuals into a role similar to that of a sharecropper as it doesn't provide enough to substantially save for emergencies nor retirement.

We have all seen our wages decrease whether by taxes, increase in costs or by having wages cut by struggling employers. I don't see a simple solution to this situation which has been building for generations.

The government has to substantially reduce spending which will cause an enormous amount of job loss (e.g. Pentagon warning of 800,000 job cuts many of which are contractors). This will put major pressure on the private sector. There was a time when the private sector could absorb this pressure but now with this huge influx of available workers it is entirely possible that employers will replace existing employees with those willing to make less for the same work or they will simply reduce wages.

Given the debt the US has accumulated taxes can only rise and cuts will have to be made. Use this time to prepare as much as possible. Save as much as possible (even if its $10/week) and pay off debts.

That is correct. They have the option to own multilpe businesses which they can use to move profits around to and from and avoid the appearance of profits, and they cab set up "Foundations" that shelter billions and billions of untaxed incmoe.

The government and it's greedy corporate masters have been very successful in reducing the wages of the Average Joe downard which is where they will continue to go. They are well into the reduction of the next tier up. the police, fire, and teaching people now, and are hitting them hard. They have also launched their assault upon the entrepreneur types with the 200-400k income levels, and by the time they are through, their plan to Communise America will be complete. They will have the filthy rich, ruling Masters and the rest of us will be poverty laden slaves. America has had the largest disparity between rich and poor for many years now, it has been well publicized and is undeniable. Embrace poverty, it is the only way to defeat it.

LOL, for this person to even begin to sound credible, he/she also need to take some courses in statistics and basic english grammer, not to mention punctuation and capitalization.

"u didnt prove anything i linked you the burea of labor statistics percentages from 2012 for unemployment among education levels and its 4.2 fucking percent.
If you think that unemployment for college grads is 50% and of course you kno that the nation unemployment is 8.2% then you fucking retarded."

Yes, he did prove what he said. If unemployment rate is 8.2%, and 50% of that number are college grads, then 50% of 8.2% is 4.1%. Off by .1%, but not to worry, fractions beyond one decimal point would correct it.

So your figure that 4.2% of college grads are unemployed just proves that 50% (of total 8.2% uemployment) are college grads.

"If you think that unemployment for college grads is 50% and of course you kno that the nation unemployment is 8.2% then you" understand statistics. Fixed that for you.

Hope this doesn't confuse you too much, with all your economic theory buzzing around in your brain.

One last

Why do you get so much red? The two posts you made in this topic are spot on.

i especially agree with the part in red. The cost of education needs to drop.

Oh but it has been happening. Mitt Romney (of all people because he was definitely my horse in the last election) put in a health insurance mandate in Massachusetts when he was governor. The program had been absolutely twisted from its original directives set out by him and the program actually worked pretty well but it has now sent insurance costs in MA to absolutely disgusting levels since Obamacare was passed but still hadn't been implemented. There are already tax penalties for not carrying insurance in MA. The only difference since Obamacare is passed that if you were out of work here when the election happened and it became clear Obamacare was going to happen on the 1st of Jan, most employers in MA gave up FT employees for PT ones and now most people are paying penalties because they can't get jobs that offer healthcare and they don't want the state healthcare. In that forcing the people to pay for a consumer product, even if it is deemed beneficial to them, is unconstitutional I see the intended purpose on the part of Romney was benign and intended beneficial and the MA system actually did work pretty well but OCare is definitely an effort to nationalize and move healthcare to public healthcare by driving costs up so high that the only answer would be the government to take over the healthcare system entirely which would lower costs. Just another step in the removal of our Constitutional Rights.