Our lavish lifestyles include paying for food, shelter, healthcare, power and water and it keeps costing more and more but there’s record shareholder profits!!!! Yeah! You should be happy that the economy is great for pedofiles who rape children and possibly(checks notes) eat babies on yachts. Cool! they’re openly using all our tax dollars with the goal of making us working people obsolete while mass surveilling us and killing dissenters in the streets. Awesome
this post was submitted on 07 Feb 2026
430 points (98.2% liked)
News
35749 readers
2491 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source. Clickbait titles may be removed.
Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.
7. No duplicate posts.
If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners or news aggregators.
All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
Very misleading stats. What’s the breakdown by age group? A 21-year old with <$1000 in savings is very different from a 64-year old. Talking about the “average worker” across that wide of an age range is totally meaningless. What’s the median age?
I mean 21 to 64 of all employed adults. I doubt there are so many 21 year olds that they are tipping the scales to under a grand on their own. Theoretically the mean should be especially relevant to the middle of the spectrum. I can say im later than that and drawing down savings over the last year as I have been out of work. I keep saying I know there are gonna be these articles about how gen X did not save enough for retirement and its going to be like sigh. I tried as much as I could when I could.
Well I think employed 21-year olds are a lot less likely to have any savings at all (mostly student loans) and also more likely to be working in a job with no retirement plan (working at Subway or Starbucks). Combining their situation to a 64-year old in an office job or a skilled trade is still pretty misleading.
Yes, it’s a huge problem that young people have all this student debt and lack of savings and high living expenses. But we’re not going to be able to analyze that by lumping all their numbers together with older people. If we want to make comparisons we need separate numbers.
yeah I mean even if you take 0 for them that would bring down an equivalent number of folks with 2k and we know the opposite situation occurs with c suite folks and such having real high numbers. Even then if it is 20somethings it still highlights an issue we have now that was not the case 50 years ago. 20somethings can't save at all. 30somethings if they are lucky can start to save but kinda want a house someday so wants to save some in a regular way (which is also smart. its very important to have a short term savings no matter the tax advantage of retirement savings). It they are lucky maybe they can swing the mortgage in their 40's but that puts a damper on retirement savings as well given mortage payments. So like 50's you can finally really start socking it away for your impending retirement. again if you are lucky.
There's gonna be a rash of people committing crimes in their 70s and 80s just to have a place to live and three meals a day.
They'll just have to reduce their excess spending, get a job and pull themselves up by their bootstraps! /s
watch bushcraft videos kids...
My retirement plan is my benelli.
I wouldn't be surprised to find out that due to the political climate, this total is lower than it was, say between 2009-2017.