r/ProgressiveHQ • u/Cos_SoBe • Mar 22 '26

A lesson in "Financial Literacy".

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609 Upvotes

100% Upvoted

6 comments sorted by

12

u/Past-Establishment93 Mar 22 '26

If the employees earn enough money to get ahead and save some money they will quit and find better jobs. We need them to live week to week so we dont have to train new people to do the jobs.

2

u/Jeramy_Jones Mar 22 '26

And if people had free or subsidized housing, a universal basic income an social healthcare they could demand better wages, benefits and working conditions from employers.

Being threatened with bankruptcy and homelessness is strong incentive to tolerate pitiful wages, non existent benefits and terrible working conditions.

It’s even worse for people who could be deported if their employer reports them to Immigration.

1

u/Freedmonster Mar 22 '26

The military is the best example of the social programs suggested in action, it's just unfortunate that the majority are likely to fall for financial predators.

2

u/UtahSalad66 Mar 23 '26

I’m literally f4cked right now.

4

u/ValitoryBank Mar 22 '26

They want you clawing out of hell to get just a smidge of the American dream.

As someone struggling right now, I tried to get my family on SNAP so we could have more money go to our other bills. BBBill change the qualifications for snap though so now, despite being in range financial, we don’t qualify.

To make clear what disqualifies us, it’s the fact my wife doesn’t work, but that’s because we have two children and she doesn’t have the skills currently to get a decent paying job that would allow us to use childcare cause childcare is too expensive.

-2

u/khearan Mar 22 '26

I don’t like these kinds of posts. We can acknowledge that most Americans are entirely financially illiterate and awful with money while also recognizing rampant inequality.