A 50 year mortgage..

[Spikes]

Because they LOVE their buzzwords and phrases. Another one is "Tax cuts for the rich". Its all chirp words get everyone in a line to say the same thing. These are linguistic programming techniques used by people to take advantage of younger people who dont understand how budgeting and accounting works in business. I know for a fact how companies do budgets because I build budgets for a very large corporation and forecast for very large events. If we know there is going to be a cut in expenses somewhere, we budget that expense in other categories. We already have predetermined PBIT values, so we don't just take off the expense, in most cases we just reallocate it to another account. Therefore giving us more room for labor or rental costs or travel costs. By reducing taxes, companies arent going to just leave that expense money on the table, they are going to reallocate it to other accounts to help run their businesses. Its not going to just go into a business owners pocket willy nilly like these art students are propagandized to believe...

That's a bit disingenuous. To entertain this for a minute, you act as if both 'sides' do not have their own 'buzzwords'.

[AKIron]

Only if you finance your purchases..



Eagler

Well yeah. There's no interest if there's no loan.

[DmonSlyr]

That's a bit disingenuous. To entertain this for a minute, you act as if both 'sides' do not have their own 'buzzwords'.

Sure, I was trying to come up with more of them but wasnt fully awake yet. That said, I dont particularly like these phrases because it attempts to take very complex things and pushes them into a buzz phrase to convince people making a change is going to ring the phrase. Like for example every single business operates differently, has different spending habits, budgets, revenue, debt, ect ect. And to attempt to paint every business with a broad brush is a fallacy. So they just pretend that everyone who owns a business is "rich" and act like thats a bad thing, and if we reduce their tax burden on the business than all of the sudden they are going to get even more rich and by golly we cant have that, so we better make sure that we paint all business the same to convince uneducated people that reducing taxes is just going to flow right into their pockets rather than be allocated to other areas on the income statement. Thats why they dont teach simple Accounting and budgeting in high school.

[Spikes]

Thats why they dont teach simple Accounting and budgeting in high school.

The reason those aren't taught in high school is not because of some conspiracy theory. They aren't taught because students up until that point have not had any need for those life skills and aren't going to give a toejam about any of that knowledge, nor retain it.

[Animl-AW]

They taught it in my schools, 9th grade, economics, basic buisness, and adult living. As far as tech shop classes all I mentioned above was cut by your side in “trimming budgets” to funnel the savings to their pet projects. They now walk out less prepared. And frankly, most complaints here end on decisions of the side you support. Ya eat your own feet then blame the other side ya can’t walk. You supported this implosion in your vote.

The other side built those things you complain are missing your side took them away.
That simple

Conspiracies are formed to distract you from these facts, bait and switch

[DmonSlyr]

The reason those aren't taught in high school is not because of some conspiracy theory. They aren't taught because students up until that point have not had any need for those life skills and aren't going to give a toejam about any of that knowledge, nor retain it.

I never had any need for literature, trigonometry, calculus, or geometry, but we had to sit through all of those classes, which are way harder and generally less useful to the majority of the Americans than Accounting and budgeting. Id have much preferred to learn robotics, mechanical machinery, electrical understanding, and forestry skills than sit there and read freaking Shakespeare and do huge formulas ill never use in the real world.. they'll teach economics though which also doesnt matter to a high schooler and will have 0 practical use.

[Captain Virgil Hilts]

I think your final sentence speaks volumes to current events. Not gonna touch that!

 

Current events? You need to study the history of government. You assume government is somehow less affected by human nature. Power corrupts. Absolute power corrupts absolutely. The government has grown exponentially, on a constant basis, in the last 100-120 years. The level and amount of criminal incompetence and corruption has grown proportionately, and that's being generous.

[Captain Virgil Hilts]

The reason those aren't taught in high school is not because of some conspiracy theory. They aren't taught because students up until that point have not had any need for those life skills and aren't going to give a toejam about any of that knowledge, nor retain it.

I remember economic principles I was taught in the 6th to 8th grades. My kids saw none of it in school, even in high school. It's pathetic. And it's intentional. And, yeah, we were required to take a lot of stuff most never used or had interest in. Everyone needs a solid grasp on, at the very least, fundamental economic principles.

[Eagler]

Current events? You need to study the history of government. You assume government is somehow less affected by human nature. Power corrupts. Absolute power corrupts absolutely. The government has grown exponentially, on a constant basis, in the last 100-120 years. The level and amount of criminal incompetence and corruption has grown proportionately, and that's being generous.

exponential growth..with no end or correction in sight..

Eagler

[Captain Virgil Hilts]

exponential growth..with no end or correction in sight..

Eagler

So long as a massive portion of the constituency longs for representatives who steal from the rest for them, nope, there's no correction in sight. Then there's that other element that is even further out.

[Captain Virgil Hilts]

I never had any need for literature, trigonometry, calculus, or geometry, but we had to sit through all of those classes, which are way harder and generally less useful to the majority of the Americans than Accounting and budgeting. Id have much preferred to learn robotics, mechanical machinery, electrical understanding, and forestry skills than sit there and read freaking Shakespeare and do huge formulas ill never use in the real world.. they'll teach economics though which also doesnt matter to a high schooler and will have 0 practical use.

Those who do not understand economics will perpetually elect people who will enact economic policies that bring about their ruin. Just like those ignorant of history and civics.

[DmonSlyr]

Those who do not understand economics will perpetually elect people who will enact economic policies that bring about their ruin. Just like those ignorant of history and civics.

Don't confuse economics with accounting and finance. For a high schooler, there is is nothing they can do to shape macro or micro economics. They are too young to shape a businesses micro economic model and get a job actually doing that. They have no impact personally on what the macro economy does. Its good theory to learn and should be taught, but imo, is a poor career choice and doesnt teach personal growth. Where as accounting, well if you learn that, and can make yourself a personal balance sheet and income statement, well now you have the skills to really learn how money works and you can save a lot more for yourself. It terns out to be a great career choice too.

[Eagler]

It's a debtors world..

As long as they can squeeze it into their monthly budget they don't care how much it actually costs...

Some of us don't carry any debt month to month..

I know that is a minority but some of us do live in that world as we have been financially responsible our entire life..

Eagler

[DmonSlyr]

It's a debtors world..

As long as they can squeeze it into their monthly budget they don't care how much it actually costs...

Some of us don't carry any debt month to month..

I know that is a minority but some of us do live in that world as we have been financially responsible our entire life..

Eagler

Yeah, I think its possible to get there. That being said, harder than ever before. See when you were in high school, your schools weren't necessarily involved in the plot to make high schools feeders for colleges. So, a lot of students in the 60s - 80s weren't told on the regular "if you dont go to college youll never be anything". In my high school, if you weren't going to college, you bascislly weren't going to amount to anything. This bascislly pushed hundreds of thousands of kids in the early 2000s to take out massive loans to pay for college. High schools were no longer enough to get you into the "real world" and they didnt teach any of us mechanical or engineering skills or even workshop skills. Bascislly if you didnt go to trade school or college after high school you are nothing. Now we have millions of kids who thought they had no choice but to take out 100s of thousands in loans just to get to the next level. Then they chose a stupid major, or hell, even computer science majors are almost screwed now. And now you have kids who thought they could be anything they wanted when they grew up, becoming art and literary majors, having a hard time finding real paying jobs that can actually pay the bills and your loans. On top of cell phone bills, insurance and med bills, car payment bills, TV and internet subscription bills, groceries and so on. Kids these days spend $500 a month more atleast than older generation of folks did. So I 100% believe that there was a scam colleges and dept of Ed pushed to basically manipulate kids into college thinking they have no other choices, then completely waste 4 years of their early adult life learning theory, and most aren't even working to gain experience in that time, and then they graduate, no job, a crap load of debt. Or if they get a job. Its an entry level at 40k a year doing menial tasks like entering huge purchase orders they could have done in high school. So they make $1300 after taxes, and basically have nothing left to save for atleast 5 years until they can maybe move to a 55-60k job if they play their cards right. I had to leave many companies and start new to find the raises I needed as was lucky but also taught myself and worked hard. I doubt most kids my age and younger will ever actually get out of debt unless they start own business with little debt in that.