BTCMeansFreedom4All on Nostr: You know if you take a moment to actually think about it, society can't get anything ...
You know if you take a moment to actually think about it, society can't get anything accomplished because we're all being drained of so much energy it's not even funny.
Do you own something expensive that you, as a struggling person, couldn't afford to cover financially in a rare emergency? Like a home? Car? (Your own) Human body? Make sure you have INSURANCE. Home insurance + Car insurance + Health insurance + Dental Insurance + Vision insurance etc.
These insurance plans cost combined close to if not over $1000/mo typically for the average person, unless you're employer gives insurance benefits to reduce their costs. That is 20% of the median pre-tax income!
"According to the US Bureau of Labor Statistics (BLS), American workers made a median wage of $1,139 per week in the first quarter of 2024, which would add up to $59,228 per year." - https://www.fidelity.com/learning-center/smart-money/average-salary-in-us
Don't forget INCOME TAXES lowering take home, making insurance effectively nearly 25% of post tax income.
Let's say you earn $60,000 a year, your total income taxes (including SS and Medicare) lower that 20% to about $48k.
$1k a month Insurance costs lowers that to $36k.
Median rent is somewhere between $1.5k and $2k a month depending on source. Let's go with $1.5k. $18k a year which cuts your remaining take home pay in half again.
Insurance, taxes, and rent. In just those 3 categories alone, 70% of the average income is gone without you even getting to own anything in return.
After all that you have $18k left for the entire year. That's $1500 a month to cover utilities (including cell phone and Internet bills), emergencies, food, entertainment, 1 or more car payments, saving for retirement, pay for your kids, pay for higher education.
It also gets worse every year since our wages and savings reduce in value consistently, because they're denominated in units that has its supply expand (and value contract) ~7% a year.
We're all being leached of more energy than ever before in history, and we're not even done yet!
Buy something at the store? Mandatory ~8% sales tax.
Buy a home instead of rent? Mandatory ~2% annual property tax to live in the home you supposedly own.
Buy anything anywhere with a debit or credit card? ~3% processing fee. You don't see this fee, but the business does and necessarily includes the cost in higher prices so you're still paying for it regardless.
Want to be entertained? Neverending subscriptions and/or ads. The average person spends hundreds of dollars a month for subscriptions, this is PERPETUAL RENTING! You're not building anything by being a subscriber to these services.
Imagine what we could do as a society if we could finally kick the leeches to the curb. There is no end to the prosperity and progress we could accomplish if we could end the siphoning of energy from everyone.
Life shouldn't be this hard, and it doesn't have to be. The time of the leeches is ending.
Do you own something expensive that you, as a struggling person, couldn't afford to cover financially in a rare emergency? Like a home? Car? (Your own) Human body? Make sure you have INSURANCE. Home insurance + Car insurance + Health insurance + Dental Insurance + Vision insurance etc.
These insurance plans cost combined close to if not over $1000/mo typically for the average person, unless you're employer gives insurance benefits to reduce their costs. That is 20% of the median pre-tax income!
"According to the US Bureau of Labor Statistics (BLS), American workers made a median wage of $1,139 per week in the first quarter of 2024, which would add up to $59,228 per year." - https://www.fidelity.com/learning-center/smart-money/average-salary-in-us
Don't forget INCOME TAXES lowering take home, making insurance effectively nearly 25% of post tax income.
Let's say you earn $60,000 a year, your total income taxes (including SS and Medicare) lower that 20% to about $48k.
$1k a month Insurance costs lowers that to $36k.
Median rent is somewhere between $1.5k and $2k a month depending on source. Let's go with $1.5k. $18k a year which cuts your remaining take home pay in half again.
Insurance, taxes, and rent. In just those 3 categories alone, 70% of the average income is gone without you even getting to own anything in return.
After all that you have $18k left for the entire year. That's $1500 a month to cover utilities (including cell phone and Internet bills), emergencies, food, entertainment, 1 or more car payments, saving for retirement, pay for your kids, pay for higher education.
It also gets worse every year since our wages and savings reduce in value consistently, because they're denominated in units that has its supply expand (and value contract) ~7% a year.
We're all being leached of more energy than ever before in history, and we're not even done yet!
Buy something at the store? Mandatory ~8% sales tax.
Buy a home instead of rent? Mandatory ~2% annual property tax to live in the home you supposedly own.
Buy anything anywhere with a debit or credit card? ~3% processing fee. You don't see this fee, but the business does and necessarily includes the cost in higher prices so you're still paying for it regardless.
Want to be entertained? Neverending subscriptions and/or ads. The average person spends hundreds of dollars a month for subscriptions, this is PERPETUAL RENTING! You're not building anything by being a subscriber to these services.
Imagine what we could do as a society if we could finally kick the leeches to the curb. There is no end to the prosperity and progress we could accomplish if we could end the siphoning of energy from everyone.
Life shouldn't be this hard, and it doesn't have to be. The time of the leeches is ending.