JoshRincon

Onchain Genius, I am kubo’s alt.

[JoshRincon @RastaCrypt66214]

@UziCryptoo Lmfao

[Uzi @UziCryptoo]

Today I opened the chipotle app, loaded a tasty burrito into my cart, saw that it was $20.80 before tax/delivery/tip, and closed the app. Chose leftovers instead. I’ve seen enough to call it: we’re in a recession.

If you think $20 for fast food is normal, you’re part of the problem.

[Your Daily Cents @YourDailyCentss]

People love saying, “Just get a job.”

Okay.

You land a full-time position paying $20 an hour.

That’s about $3,450 a month after a typical work schedule, and roughly $2,950 in your pocket after taxes.

A modest one-bedroom apartment costs around $1,900.

Now add utilities, groceries, transportation, insurance, your phone bill, and any unexpected expense.

Suddenly, you’re not building a future you’re trying to make it to the next payday.

When basic living expenses consume almost everything you earn, that’s not a budgeting failure.

It’s an affordability problem.

[JoshRincon @RastaCrypt66214]

@UziCryptoo @YourDailyCentss The airline could put the whole family together in the very back row. I bet nobody from back there would complain about being moved forward!

[Uzi @UziCryptoo]

Flight Attendant: “Sir, I’m sorry, but you’ll need to move to 34B. We need your seat for a family.”

Passenger: “I’m in 2A.”

Flight Attendant: “Yes, I understand.”

Passenger: “I paid extra for 2A.”

Flight Attendant: “I understand that too, but the family needs to sit together.”

Passenger: “And when exactly did I agree to separate myself from my seat so they could sit together?”

Flight Attendant: “You didn’t. But we’re asking you to be accommodating.”

Passenger: “Accommodating?”

[JoshRincon @RastaCrypt66214]

@UziCryptoo Boomers bought houses on one income and now lecture two income households about buying too much coffee.

[JoshRincon @RastaCrypt66214]

Boomers bought houses on one income and now lecture two-income households about buying too much coffee.

[Uzi @UziCryptoo]

BOOMER MOM: "You kids just don't want to work."

GEN Z: "I work two jobs."

BOOMER MOM: "Then why can't you buy a house?"

GEN Z: "Median home price is $420K."

BOOMER MOM: "Your father and I bought ours at 24."

GEN Z: "For $38,000. On one income."

BOOMER MOM: "Stop making excuses."

GEN Z: "Rent is $2,100. I make $3,400 a month."

BOOMER MOM: "Have you tried skipping the avocado toast?"

GEN Z: "I haven't bought avocado toast since 2019."

BOOMER MOM: "Well, we sacrificed."

GEN Z: "You sacrificed a house for $38K"

BOOMER MOM: "Nobody handed us anything."

GEN Z: "Mom. Dad's pension paid for your cruise."

The average first-time homebuyer is now 38.

Minimum wage hasn't moved since 2009.
But sure.

We're just lazy.

[JoshRincon @RastaCrypt66214]

@UziCryptoo Valid opinion imo

[Uzi @UziCryptoo]

Just an opinion but:

I DONT CARE IF YOU'RE FLIPPING BURGERS, I DONT CARE IF YOU'RE FIXING CARS, I DON'T CARE IF YOU'RE PICKING UP TRASH... IF YOU WORK 40 HOURS A WEEK DOING ANYTHING THATS CONSUMING YOUR TIME FOR MONEY YOU DESERVE TO BE PAID A LIVABLE WAGE.

You're a human being and your time is valuable regardless of what you're doing to make endsmeat. Personally I dont even know why this has to be a serious topic of discussion...lt just shows you how little people actually care about others.

[Your Daily Cents @YourDailyCentss]

For years, Boomers have assumed their retirement plan was simple: sell their overpriced house to a Millennial or Gen Z buyer.

The only problem? The next generation doesn’t have $1.6 million to spend on a starter home.

I can’t wait to see what happens when reality finally catches up.

[JoshRincon @RastaCrypt66214]

@UziCryptoo @YourDailyCentss They’ve been taking money out of our paychecks for decades, and now they’re telling younger generations there might not be enough left for us. How is that not insane?

[Uzi @UziCryptoo]

CAN SOMEONE EXPLAIN THIS TO ME LIKE I’M IN KINDERGARTEN

if social security goes into insolvency by 2032 what tf happens to all the money that’s been taken out of my check for the past decade????

[JoshRincon @RastaCrypt66214]

@UziCryptoo @YourDailyCentss I can see that divide the middle and conquer the poor is going splendidly

[Uzi @UziCryptoo]

Prices in America are getting absolutely RIDICULOUS.

$15 for a Big Mac meal at McDonald's

Over $4 a gallon for gas

$12 for a movie ticket at AMC

$6 for a latte at Starbucks

$15 for a burrito bowl with guac at Chipotle

$25 for a 15-minute Uber ride

$300 for a week's worth of groceries at Walmart

$150 a night for a basic Holiday Inn

$2,200 rent for a 800 sq ft studio apartment

You shouldn't need a six-figure income just to afford an average American lifestyle.

[JoshRincon @RastaCrypt66214]

@YourDailyCentss Lol

[Your Daily Cents @YourDailyCentss]

Millennials watched their parents lose everything in 2008. Then got handed $100K in student debt. Then got called entitled for wanting a living wage. Then survived a pandemic in our prime years. Then got priced out of every neighborhood we grew up in. And y’all really wonder why we’re not okay? We’ve been in survival mode for 20 years straight and nobody even noticed.

[JoshRincon @RastaCrypt66214]

@YourDailyCentss Something definitely needs to change because this is so FKD

[Your Daily Cents @YourDailyCentss]

Welcome to The USA where:

$100 now feels like $10
$500 now feels like $50
$1000 now feels like $100

You’re taxed on absolutely everything.

A weekly grocery run costs you about $200.

Apartments that were around $1,200 a month 3 years ago now cost $2,800 a month.

You’re not struggling to save money because you buy coffee, have subscriptions and actually spend some of your money on something other than bills.

You’re struggling because wages aren’t keeping up while the cost of everything keeps getting pushed up, and both government and corporations are squeezing working people for as much as they can.

Something really needs to change.

[JoshRincon @RastaCrypt66214]

@UziCryptoo @YourDailyCentss If I the housing market collapses, it will not be in a vacuum. The housing market drives a major portion of the economy.

[Uzi @UziCryptoo]

HOT TAKE:

Sorry if this offends any homeowners but I’m actually rooting for the housing market to crash HARDER than 2008.

Not because i want people to lose their homes. I want to see $700k houses become $450k houses.

I want first-time buyers to stop getting priced out by investors, flippers, and people sitting on 3 properties.

I want housing to become something normal people can afford again.

Call me crazy, but watching home prices stay artificially inflated while wages barely move is getting RIDICULOUS.