198
Why Americans are bummed out about the economy
(www.cnn.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 Mar 2024
198 points (90.6% liked)
News
23284 readers
1416 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 right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
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.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
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 or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. 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.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
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 1 year ago
MODERATORS
People accrue debt during bad times then have to pay it during good times, but often couldn't have made it through to those good times without spending on the way. I am still paying off the accrued deficit from when we had a family of 4 living on 15k a year, then later 6 on 50k, we were always so close to ok but not quite and year after year it accrues. Well during that time I went to university, made more but still not enough for a family, eventually split with my ex, now in a functional 2 earner plus couple of part time jobs situation we are sorta raking it in now but both still paying for when we were not.
People who make good money probably didn't always make good money. People who raised other people also take a financial hit for awhile. I'm assuredly better off from having kids, wouldn't have bothered getting the degree and better job without them, but the payoff is slow not immediate.
That's why there are bankruptcy protection laws. If you have a debt you cannot pay off you should strongly consider bankruptcy. Your credit can recover in a couple of years.