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CNBC Marathon examines causes of poverty in the U.S., including rising credit card debt and lifestyle creep. 37.9 million …
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What you see,is what you get
There is a glaring contradiction in American society: the widespread belief in American exceptionalism despite clear evidence of decline. This cognitive dissonance is driven by several historical, cultural, and political factors:
1. American Exceptionalism & National Mythology
• The U.S. was founded on the idea that it is unique, a beacon of freedom and democracy.
• Cold War propaganda reinforced the belief that America was the “leader of the free world” in contrast to communism.
• Many Americans still cling to this self-image, even as evidence contradicts it.
2. Political & Media Indoctrination
• Right-wing media (Fox News, talk radio) and corporate elites push the idea that social welfare = socialism = communism.
• Any attempt to suggest Nordic-style policies is met with accusations of “radical left” extremism.
• The two-party system ensures no real systemic change, as both sides serve corporate interests.
3. Hyper-Capitalism & the Destruction of the Middle Class
• Neoliberalism (since the 1980s) prioritized corporate profits over citizens’ well-being.
• Jobs were offshored, unions were crushed, and wages stagnated while the rich got richer.
• The healthcare system is a for-profit disaster, leaving millions in medical debt.
4. Social Fragmentation & Cultural Decay
• Rising crime, addiction, homelessness, and obesity are symptoms of a broken system with no safety nets.
• Cities and infrastructure are crumbling, yet the government prioritizes wars and corporate welfare over fixing domestic problems.
• Gun violence, mass shootings, and drug crises are normalized, but no serious reforms happen.
5. Fear of Change & Anti-European Mentality
• Many Americans have been conditioned to fear socialism (even though European-style social democracy isn’t socialism).
• Politicians and corporations demonize European models because they would threaten the profits of healthcare, pharma, and financial elites.
• Civic ignorance prevents many from understanding how other countries function better.
Conclusion: Can America Reverse Its Decline?
• The U.S. is experiencing late-stage imperial decay, much like Rome before its fall.
• Without massive systemic reforms, inequality, crime, and infrastructure collapse will worsen.
• Yet, most Americans are trapped in propaganda, believing they live in the greatest country in the world—while standing in its ruins.
The glass ceiling has been a reality for the last 20 years already. It’s only accelerating, plus the current Administration aggravates the trend.
Yeah, American have the most millionaires, but their government is not the richest.
Us is in debt to China by billions.
Salespeople were advised to get out of the scarcity mindset, so they get into debt and work harder😂
Dont worry Trump will save you.
America is in trouble hopefully it will get better
Not only America most country in Europe is in the same place.
GDP is an imperfect indicator of the prosperity of a nation. For example, India has the fifth highest GDP in the world but most of that wealth is controlled by a very few number of people there, the per capita income of the average Indian is very low. As a result the quality of life for an average Indian is quite low which isn't necessarily reflected in it's GDP.
If you can't realize that money matters and that you need to understand it to be successful, then you deserve to be poor. All these people talking about government support and giving things to people it just fairy tale talk.
You are responsible for your understanding of finances. You are responsible for the skills you have. You are responsible for taking action (or not). You are responsible for your own well-being.
We don't want those programs. Providing these programs would increase taxes to a ridiculous amount. I worked to where I am and want the government out of my life. Stop trying to punish people who worked for their resources because some people don't put the work in. Life is competitive. Learn to compete.
I know i speak for the masses when i say. What im really tired of is the mathmatical knowledge and certainty ill never have a future worth spitting at
Because your globalism doesnt keep wealth in the country it allowes wealth to leave the country leaving nothing for americas to profit off of
Because your leaders conspired with big business to flood america with cheap illegal labor to prevent your wages from going up to keep them rich
Wait till Trump tarrifs kick in and other nations retaliate with their own tarrifs on American products, the cost of living in America will spiral out of contoll. Other nations will just continue freely trading with each other without America, while Americans try to keep their head above water while drowning in their over printed dollar. The dollar is dead, move over for the BRICS currency. We need a global currency that isnt controlled by any one nation.
Government over spending causes inflation which is why people are struggling pay check to paycheck.
14:24 This is not the problem, that there are not enough chairs. The problem is that previously you had "Rockefeller" and "Ford". "Rockefeller" wanted 3 chairs (to sit on three chairs alone), and "Ford" wanted two chairs (one for him, one for his son), and they left the other three chairs to all their workers-players, to sit there in a queue, one after the other. They also organized the way the queueing line (salaries) worked.
Now you have Bezos and Musk. Bezos says: I need four chairs, and I am going to give one of them to my wife, in a divorce settlement. Musk took the other four chairs, says: "I am going to tie them to a rocket, and blow up to Mars, that's my vision". They say to all others: you can come and work in my company, and WATCH THE FOUR CHAIRS I HAVE, but you cannot sit on them. But if you work hard for forty years, and if you are very diligent and dutiful, I might at one point give you some time to sit on one of the chairs, some day (the equivalent of a bonus, payed to a retiring worker). But mostly rely on unemployment benefits (rugs, provided by the government, on which to squat – not chairs).
In short: greed became unbearable, this is your problem. You will never have enough chairs, with limitlessly greedy egotistical ill capitalist entrepreneurs. The math does not work. They need AN INFINITE NUMBER OF CHAIRS, to satisfy their little tiny immature sociopathic ego.
This why I just wonder why Republicans want babies so much. I get it if it’s to breed more white, blonde blue eyed babies.
Marisa Flores would have been better choice for me than my wife, we could have been making lots of money together. My wife asks me why you are saving money? are you going to give it to your mother? of course I dont blame her, I meet her when she lost her job and struggle to pay rent, eat my food and me having my visa expired and having 5K saved she was surprised how come, we ended up getting married and 2 years latter we bought a home, now we pay 1K in mortgage we have cars cash. When I meet her she only had a bike and loved those bikes. But we were happy when we had nothing, I dont know why is that, I guess our ancestors had to always fight to get food so they never had enough and having their DNA we should probably always be poor.
Why why? Because your corporations are allowed too much. They don't need Trump's tax cuts and deregulation, they need the exact opposite.
And this will never change . Uneducated worker bees was the plan all along .
Its NOT just about Scarcity mindset as if it were just One's imagination or thinking; its about being forced to Live a Scarcity lifestyle due the ongoing High costs of Living without proper Societal Financial safeguards & programs to Aid those that fall into Poverty.
LOL imagine that! Poverty leading to stress outcomes! So it's not really "mental illness" leads to poverty! What a concept. Somebody please phone Abraham Hicks and Joe Dispenza. We have re-education work to do out here before this expands any farther. Yeah I'm actually being serious. Spiritual pimps out here in alignment with oligarchy, amplifying the shitshow that we need to have shut down.
Because the super rich don’t pay their taxes and have successfully convinced the population to believe that they should accept inequality.
DISRUPTIONS CAUSES STRUGGLES!
CAPITALISM. CAPITALISM. PAIDS FOR IT SELF.
It’s proly the skewed foreign policy prioritizing continuous war for some eighty (80) years, benefitting the military industrial complex and the elite bankers & politicians while ignoring the welfare of the people. For instance it’s seen in how America’s past & present Presidents and officials , had looked away instead of confronting Beijing’s global drug war , the smuggling of Fentanyl & illegal guns & parts . resulting to increasing American deaths on a daily basis. Self interest trumps National Security.
Pls read Blood Money by Peter Schweizer.
Americans love pushed íntimo poverty ; that is wild why
High taxes and inflation
POVERTY. Increase will be very painful. And it continue to grow. Poverty can cause the MARKETS TO CRASH! Businesses to FAIL! FAMILIES to fall apart. We want good things to happen, not bad ones. ❤❤❤.
The elderly vote.
enjoyed the YouTube video. As a physician, scientist and non Economist, I have written on the topic of UBI, particularly from the standpoint of the elderly, the ill, marginalized groups, and those who are substance dependent such as drug users. UBI is not communist or socialist but is consistent with capitalism. UBI will be necessary at some point for the transition to a post-labor economy. Better to start planning for it now. Here is a link to my article: “Universal Basic Income (UBI) for the homeless and addicted populations. Bad idea or inevitable?
https://youtu.be/NfgwmaW4wvY?si=DPDhZ9NnjYWOpWkr
lol, income and equity…. The real reason is people don’t save, they just spend, and are deep in debt.
🤷♀️🤷♀️82% of Americans make Under $100k …and Billionaires are setting policies for the Other Billionaires in Washington today 🇺🇸- and 89 Million REGISTERED AMERICAN voters……couldn't be bothered to go Vote last November 👿👿👿
Thanks for Biden! Russia live better!
🩷 😘😔😮💨🌟💎 ♥️
Trump and everyone who voted for this criminal will gut all of these social government programs
Tell us something we dont already know.
That's the way it has been going on for a long time ,the Ideology of the country from India and some middle Eastern countries have infiltrated our country 🇺🇲 they believe in no middle class just Super rich and super phoor and here is the 🇺🇲 working people working just to be phoor .
Let's be clear, this has been an ongoing experience by the rich. Participants at the WEF agreeded the world's workers should be brought under the thumb of the wealthy.
Come back and visit us in 2028 because we are screwed screwed screwed at the moment. Nobody's going to do anything about this.I'm 62 years old and I see the way it is devolved and devolved. There is literally nowhere to live that isn't really expensive unless you want to live in a terrible neighborhood. Sorry folks.
When they start talking about some random country overseas, just remind yourself “you’re 1 million times more likely to be killed by a local police officer” than by a random person living overseas.