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You make it seem as if those landlords are just taking and giving nothing in return. As for being dependent on the rent check - you're dependent on your burger flipper paycheck, right? No difference. It's how they earn their money. What they spend that money on is nobody's business, just as what you spend yours on isn't anyone's either.
I've told my landlord 4 times that my gutters need to be cleaned out & fixed because there are a couple of leaks. He knows this. He tells me every time that he doesn't have the money to replace them, yet he had the money to get plastic surgery on his neck, renovate his floors & bathroom & take a couple of trips to Palm Springs & New Orleans. You can bet that I have a huge problem with that.
I've told my landlord 4 times that my gutters need to be cleaned out & fixed because there are a couple of leaks. He knows this. He tells me every time that he doesn't have the money to replace them, yet he had the money to get plastic surgery on his neck, renovate his floors & bathroom & take a couple of trips to Palm Springs & New Orleans. You can bet that I have a huge problem with that.
Report him to the cities bureau of building inspections, if it isn't up to code he has to fix it.
Not the real unemployment rate. Also, many people have been forced to take jobs that they are over-educated and over-qualified for, and/or are under-employed by being forced to work part-time, or a series of temp jobs with no benefits or pension.
Most of the jobs lost in the recession were middle-class jobs. Most of the replacement jobs in the "recovery" are low-wage service jobs: the three areas with the most gain, food service, retail, and temp services.
I find it ironic when so many people say, well, it's that persons fault that they're working some low paying job. If they weren't so lazy and uneducated they wouldn't be in that situation, but many of these people have gone to college and university, and have degrees.
Yet the politicians want to legalize up to 30 million people who have been working illegally so that they won't have to pick lettuce and work as dirt cheap live-in nannies any longer but can start grabbing up all those $15 an hour jobs that unemployed Americans would like to have.
No one believes for a minute that legalized illegals are going to remain in the fields working for $5 an hour, they're going to be eagerly to take minimum wage jobs and they'll be very happy. Any low wage American who thinks they'll be getting any real raise in wage after the big amnesty is just plain nuts.
Any low wage American who thinks they'll be getting any real raise in wage after the big amnesty is just plain nuts[/b].
It won't matter. They get a few coins an hour per year anyway. Plus, RFID, not far away, will pretty much wipe out the vast majority of cashier jobs anyway. $5/hour could not compete with the enormous cost savings. This nation has 3 million cashier positions.
It is also likely most large retail within 10 years will use mostly robots to stock shelves.
some of that work is coming back to the USA; the work is done by robots though.
Robots or cheap foreign labor.
I think it does seem that for the older generations, it was possible to build up assets even with out a masters degree. Many retirees who have the money to travel held blue-collar jobs their whole lives but I don't think that's going to be the way it will be for blue-collar types in the future.
It's a mix of things, you hear of people complaining about how much everything costs and how little they make but then you notice they have the latest iPhone and find out they've got a $600 game player and don't blink about $60 game disks. Ask them how much they pay for their cell phone service and they'll proudly tell you they only pay $125 a month for it.
Also you see more people eating out in restaurants now than in the past. In the past eating out was rare, something you only sometimes did, now eating at home is what people sometimes might do, they don't blink an eye over a $12 meal in a restaurant or $8 for a fast food combo.
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