Why is it so hard to escape poverty? - Ann-Helén Bay

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  • Опубликовано: 21 ноя 2024

Комментарии • 6 тыс.

  • @harrisindustries314
    @harrisindustries314 2 года назад +7488

    It's also hard to escape it because it drastically affects one's mindset and way of thinking. It literally changes the way one's brain works. It's crippling.

    • @MsPiinkFllamingo
      @MsPiinkFllamingo 2 года назад +136

      Excellent comment.

    • @europeansovietunion7372
      @europeansovietunion7372 2 года назад +120

      Exactly, and that's why many politicians push universal income. To make as much people as possible depend on their policies...
      Also to pay for all that, gov will need more taxes (or to build up inflation, which is just a hidden tax...), which makes poor workers even poorer...

    • @EduardoBarros13
      @EduardoBarros13 2 года назад +11

      I couldn't say better.

    • @valhatan3907
      @valhatan3907 2 года назад +4

      @Reply to what I wrote, not to what you assumed thats very close-minded...

    • @eoincampbell1584
      @eoincampbell1584 2 года назад +76

      @@europeansovietunion7372 I don't think this commentor was referring to welfare as crippling, but to poverty itself, something that universal income could fight against.
      And to pay for all that a government could easily reroute money from things that are less necessary given universal income, such as the welfare programs that would be discontinued. Plus in some countries such as the US there is a ridiculous amount of money hoarded by the ultra-wealthy or funneled into unnecessary military power that could instead be going towards a universal income plan.

  • @rishisharma5827
    @rishisharma5827 2 года назад +10802

    One thing I wish to mention: Poverty makes sure you don’t have access to nutritious food. Food that would ensure you have a good mental capacity, longer focus periods. I have seen people struggling with headaches and problems, which renders them unable to think about getting out of poverty.

    • @FKZYTV
      @FKZYTV 2 года назад +467

      Yeah I’m pretty agree with this. Not only food but also others basic needs such as shelter, knowledge, tools, etc. these things will absolutely provide more thought and idea. Imagine if you have enough money and you can access everything in high quality and you have no pressure when you need to get out of the comfort zone.

    • @EulerPath
      @EulerPath 2 года назад +109

      I was going to disagree with you because the times that I was on welfare I had access to good and healthy foods. At the same time I realized that outside the USA the situation can be more difficult if the government doesn't make sure the poor have access to nutritious foods.

    • @marlonmoncrieffe0728
      @marlonmoncrieffe0728 2 года назад +5

      @@FKZYTV How are you determining what are 'basic needs'?
      And what exactly is a 'shelter'? What does that entail?

    • @hiteshrohira7968
      @hiteshrohira7968 2 года назад +180

      Also, There was research done with sugarcane farmers in UP, India which measured their IQ before and after getting their payement for the crops they sold (so essentially before and after harvesting season) and showed an increase in their IQ level once they got money. Which means "People stay poor because they aren't smart/intelligent" is a complete myth and poverty infact keeps their iq low

    • @FKZYTV
      @FKZYTV 2 года назад +55

      @@marlonmoncrieffe0728 the exact meaning of shelter is house and home. (Both physically and mentally) What are basic needs? Well I guess you can figure out by yourself.

  • @alexbravo27306
    @alexbravo27306 2 года назад +12476

    I highly recommend the book “Poor economics” if you want to know more about this subject, it’s a great analysis with a humane look

    • @ochocincoo
      @ochocincoo 2 года назад +56

      Nobody cares

    • @eklectiktoni
      @eklectiktoni 2 года назад +659

      @@ochocincoo you cared enough to comment, lol. why don't you get a life instead of trolling the comment section 🤡

    • @maho9139
      @maho9139 2 года назад +571

      @@ochocincoo do you get bullied

    • @ValentijnEnJack
      @ValentijnEnJack 2 года назад +183

      @@eklectiktoni Pretty sure it's a bot/script.

    • @ochocincoo
      @ochocincoo 2 года назад +12

      @@ValentijnEnJack your moms a bot

  • @michaelandrenio993
    @michaelandrenio993 8 дней назад +59

    Every family has that one person who will break the family financial struggle, I hope you become the one😊

    • @lasvegasluca9509
      @lasvegasluca9509 8 дней назад +5

      Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.

    • @madiezancanellatl9205
      @madiezancanellatl9205 8 дней назад +4

      I’m looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you thing I should be buying?

    • @jeremygood3246
      @jeremygood3246 8 дней назад +4

      ​@@madiezancanellatl9205Bitcoin/stock investment but you will need a professional help on that

    • @jeremygood3246
      @jeremygood3246 8 дней назад +4

      She's active on face book @

    • @jeremygood3246
      @jeremygood3246 8 дней назад +4

      Kate Mellon Bruce

  • @johnshepherd6925
    @johnshepherd6925 2 года назад +5630

    This hit home...I remember being excited when I wouldn't need assistance anymore. Until I finished paying bills. Then I wasn't excited. Lived on white rice and salt for flavor for months. As I worked on very little food I lost weight and seemed to be weaker every week. My job got more difficult. I worked at a grocery store. I remember the exact day that I became hungry enough and desperate enough to steal food. I worked in the meat department and we threw away hundreds of pounds of meat every other day. Things that were close to date but perfectly fine. It was the week of Thanksgiving and we were getting our asses kicked. All I could think about was I was going to be eating white rice for Thanksgiving. I couldn't take it anymore. I went to the throwaway cart, put a couple steaks under my beltline and punched for break. I walked straight to my car an put them in the trunk. (It was winter) To this day I don't regret it. I was starving. Thank you past generations for the great place you left us 👍 Bang up job.

    • @FelixDaHousecat11
      @FelixDaHousecat11 2 года назад +172

      How are you doing now?

    • @1gorSouz4
      @1gorSouz4 2 года назад +456

      If they were throwing away, it wouldn't be "stealing"... coudn't you take that meat with you?

    • @rhobson
      @rhobson 2 года назад +711

      @@1gorSouz4 Most probably not: most business often have very strict policies regarding discarding foods due to fear of litigation. Some places in Brazil arre just now passing laws that shield business from litigation unless foul play is involved, so that bakeries, markets and restaurants can donate good leftover foods for homeless people without the fear of being sued...

    • @sai-bi2rh
      @sai-bi2rh 2 года назад +168

      @@1gorSouz4 corporations design company policies in a way to categorize 'taking away' as stealing, just as Venzella mentioned above

    • @rhobson
      @rhobson 2 года назад +509

      @@charlheynike9619 this comment is as deep as a puddle. Not a single soul in this world "choose" to be poor and struggle.

  • @jeffreyaguilar3271
    @jeffreyaguilar3271 2 года назад +4320

    I am very lucky to live in a life out of poverty thanks to my father who clawed his way out of it. I hope that I can maintain or improve our life and pass the same tenacity to my children. Some families who gain wealth fails to pass this skill to the next generation/s.

    • @gerhardtblume7354
      @gerhardtblume7354 Год назад

      Who could possibly be against anti-poverty?
      You like people being poor?
      And so, over the last 50 years, the US government has spent more than 16 TRILLION DOLLARS in its war against poverty…
      So, how well is that working?Not well. It’s fuelled generational welfare dependency and economic resentment.
      Trillions of dollars and the needle has scarcely moved.
      When Lyndon Johnson declared war on poverty, the rate was 19 percent. We now have a 15 percent poverty rate.
      Need it be said, America’s poor live lives of the comfortable middle class by global standards.
      In 1964, children in poverty was at 23 percent. Now? It’s 22 percent.
      This has been a wasteful disaster, fomenting nothing but resentment, dependency and social apathy.
      Tax the rich? The rich currently pay the vast majority of taxes. These taxes inevitably slow economic growth, decrease actual tax revenue and hurt the working poor.
      Please check out my book “Deconstructing Social Justice”. I promise you, you’re in for more than a few surprises!

    • @TinaRanieriA
      @TinaRanieriA Год назад +67

      I'm so happy i made productive decisions about my finances. I'm a single mother living in Melbourne Australia, Bought my second house last month and looking forward to my retirement next year if things keep going smoothly for me.

    • @mateolefebvre486
      @mateolefebvre486 Год назад +17

      @@TinaRanieriA I live paycheck to paycheck and I'm looking to have all that changed this year, as I want to have money work for me instead. Will you be kind to share your process?

    • @TinaRanieriA
      @TinaRanieriA Год назад +4

      @@mateolefebvre486 I make huge profits on my investment since I started trading with Brianna Mckee Harris, her trading strategies are top notch.

    • @AmFaucher255
      @AmFaucher255 Год назад +1

      @@mateolefebvre486 It's a well-known fact that with experience hands, things get executed efficiently.

  • @Adaginy
    @Adaginy 2 года назад +1635

    I worked at mcdonalds in high school and college. I always, always had coworkers who would say they could not take any more hours because it would screw up their benefits (and while a reduction can hit immediately, an increase in benefits might take 6 months, so one anomalous paycheck could hit them particularly hard). BUT, these people frequently worked anyway, clocking out and taking home food in lieu of wages. Usually. Sometimes they just clocked out and kept working without the bonus food because they were worried about their job. I always had this story in rebuttal to anyone who said people on benefits were lazy. They were working, and working more than they were paid for.

    • @user-fo5ej2tg5k
      @user-fo5ej2tg5k 2 года назад +80

      @ɢᴇɴᴇʀᴀʟ ᴇᴄᴄʜɪ bruh

    • @christianvillasana3785
      @christianvillasana3785 2 года назад +30

      Yeah they're usually less lazy because even after benefits they still need to make money for the rest of the bills

    • @miaosun4382
      @miaosun4382 2 года назад +3

      If there is not safe net at all, they probably will work full time, right?

    • @Adaginy
      @Adaginy 2 года назад +47

      @@miaosun4382 In a perfect world, maybe, but you're setting aside a lot of problems:
      1) a lot of low-wage jobs won't schedule people for 40 hours, or even close to it, because then you're entitled to things like health care.
      2) Between caring for children/family, they might not have availability for 40 hours. For example if you can only work when your kid is in school, from 8am to 3pm, that's only 25 hours a week even before early-outs and teacher-in-service days.
      3) McD's scheduling is super variable! If there's no business, they'll send people home early, so you often don't work quite as many hours as you're scheduled for. And they'll already schedule fewer people/fewer hours over the winter, over school breaks, whatever's locally relevant.
      4) Biggest problem, even if they did overcome all that -- at 40hrs a week at McD's wages (or Walmart, or any other low-paying job), you *still* cannot afford things. If there was no government safety net, they'd be turning to other safety nets like food banks. There are maps of how you can't afford a 1-bed apartment at minimum wage in any state[variation by urban/rural etc, this is an average]. So get a roommate or live with your partner, sure, but in most states it would take 2 min-wage jobs to pay rent, and you still need to eat and buy clothes and pay utilities and such [also this leads to people not leaving terrible partners because they can't afford to].
      And because of 3), and because what hours/days you work in a week often vary even if you're working the sameish number of hours, getting a second job is difficult. You need the cooperation of both of your bosses to give you a set schedule every week, and some places are deliberately bad about this.

    • @hirahiro2331
      @hirahiro2331 2 года назад +3

      Some are actually lazy though. I wanted to try for government help but I see it as I’m too young and I’ll find a job eventually,

  • @Brielle77-p4h
    @Brielle77-p4h 6 месяцев назад +479

    The problem today is most people always think that, you only need a good job to get rich... These millionaires are operating on a whole other playbook that many don't know exists

    • @Jocov187
      @Jocov187 6 месяцев назад +2

      I keep seeing how lots of people testify about how they make money from stocks, Forex and crypto currencies (BTC) and i wonder why i keep losing.. Can anyone help me out or at least advise me on what to do 🙏.

    • @HaileyTremblay-by4vj
      @HaileyTremblay-by4vj 6 месяцев назад

      It only gets better. Ava Harry is spreading like wildfire here in Canada 🇨🇦What i see is a Great Wonderful opportunity for life changes

    • @KyleighBouchard
      @KyleighBouchard 6 месяцев назад +1

      Making money is action, keeping money is behavior and glowing money is knowledge She's an exceptional financial analyst . Her services are reliable and transparent ☺️

    • @YanaSimon754
      @YanaSimon754 6 месяцев назад

      I'm from Spain Madrid I use to take loan from my bank for survival but after investing with her I'm Now a credit not a debtor anymore

    • @junemac7515
      @junemac7515 6 месяцев назад +8

      Yeah like scamming people out of money

  • @lordbaccoon1821
    @lordbaccoon1821 2 года назад +1537

    I am so immensely grateful for my parents. My dad was the only income and we were lower class barely making it through for a long time. After working for years he got the detrimental raises and promotions that finally let us live a very comfortable life in middle class. I am so grateful for the things he did to make sure I had a healthy and safe childhood.

    • @Kutchy7765
      @Kutchy7765 2 года назад +70

      Detrimental means bad or unhelping

    • @TheShmrsh
      @TheShmrsh 2 года назад +5

      @@Kutchy7765 lmao

    • @gerhardtblume7354
      @gerhardtblume7354 Год назад

      Who could possibly be against anti-poverty?
      You like people being poor?
      And so, over the last 50 years, the US government has spent more than 16 TRILLION DOLLARS in its war against poverty…
      So, how well is that working?Not well. It’s fuelled generational welfare dependency and economic resentment.
      Trillions of dollars and the needle has scarcely moved.
      When Lyndon Johnson declared war on poverty, the rate was 19 percent. We now have a 15 percent poverty rate.
      Need it be said, America’s poor live lives of the comfortable middle class by global standards.
      In 1964, children in poverty was at 23 percent. Now? It’s 22 percent.
      This has been a wasteful disaster, fomenting nothing but resentment, dependency and social apathy.
      Tax the rich? The rich currently pay the vast majority of taxes. These taxes inevitably slow economic growth, decrease actual tax revenue and hurt the working poor.
      Please check out my book “Deconstructing Social Justice”. I promise you, you’re in for more than a few surprises!

    • @Blueoceandog
      @Blueoceandog Год назад +31

      *incremental

    • @tomakmens2607
      @tomakmens2607 Год назад +1

      Amen

  • @davidroddick91
    @davidroddick91 2 года назад +4513

    In Canada, when a person on welfare gets a job, their benefits are clawed back as a percentage of their income. A $500 increase in your income might result in a $100 decrease in your benefits, for example. This way, having a job is always better than not having one, and an increase in wages is always advantageous. Welfare benefits like free medication are also available until you reach a point where your welfare benefits reach 0, and you no longer need this help.

    • @Tamizushi
      @Tamizushi 2 года назад +173

      What province do you live at? Here in Québec, it doesn't work like that at all. Pretty much any money you earn gets removed from your welfare. Worst even: welfare pays for some of the services not covered by universal healthcare, such as eye and dental care, so if you get off healthcare before you got new glasses or before you had all your cavities fixed, then you're on your own. An obvious solution would be to include those types of care into our universal healthcare program, but with the current government, it's unlikely to happen.

    • @SageKayDee
      @SageKayDee 2 года назад +58

      Ya I agree with Kamizushi. In Quebec and Ontario they allow you to earn $250 extra income before every extra earned dollar is equally removed from your cheque. In some cases they’ll allow you to keep your prescription slips after finding a job, though, and will give you a $500 bonus.

    • @alexd9734
      @alexd9734 2 года назад +16

      @@SageKayDee ya but $250 from working isn’t much at all

    • @SageKayDee
      @SageKayDee 2 года назад +7

      @@alexd9734 Obviously not, I was just correcting the original commenter.

    • @ishworshrestha3559
      @ishworshrestha3559 2 года назад +1

      Ok

  • @Mideezhanti
    @Mideezhanti 2 года назад +3033

    The animation is brilliant. I feel like I could watch this with no sound and still get the message.

    • @EeE.E.E
      @EeE.E.E 2 года назад +35

      @@gn6691 ?

    • @1ucasvb
      @1ucasvb 2 года назад +6

      The means testing bit on the cliff was brilliant.

    • @gn6691
      @gn6691 2 года назад +5

      @@EeE.E.E I asked her if she is deaf as a joke
      Ik my humour is broken.

    • @ilertargenthorne4639
      @ilertargenthorne4639 2 года назад +7

      I haven't started the video and I'm going to try it out.
      @ÆGØN pls be quiet

    • @EeE.E.E
      @EeE.E.E 2 года назад

      @@gn6691 oh k, didnt know it was a joke ty

  • @hlmgamer
    @hlmgamer Год назад +175

    I still remember the day, where I couldn't find job so I was on government assistance, but when I told them I was planning to go to trade school they said well we can't help, you either stay poor and no job or find a bare minimum job, in both situations I stayed poor, I was penalized because I wanted a better life.
    Keep in mind that trade school is very accessible and cheap, has high demand after you finish and it's usually 2 years and under it means that if I was able to get help to finish that school it's win for everyone but no, they want you to be poor.
    I eventually had to work illegally and get paid next to nothing just so I can finish school, was literally getting paid less than the government assistance just so I can go to school.

  • @alphacause
    @alphacause 2 года назад +2514

    This is the perfect video for those whose answer to the complex problem of poverty is summarized in the often used phrase "pull yourself up by your bootstraps". You know a person has not contemplated the problem of poverty seriously if they use this phrase as an overly simplistic answer to poverty.

    • @momogi618
      @momogi618 2 года назад +286

      "others people could do it" - the person with rich parents

    • @alphacause
      @alphacause 2 года назад +18

      @@momogi618 Exactly!

    • @Jimraynor45
      @Jimraynor45 2 года назад +57

      First of all, I think your attacking a strawman here. "Pull yourself up" is good advice as far as I'm concerned, but that is typically something you say to a individual, not as a response to the whole issue of poverty. The advice, better translated for the issue as a whole would be: Give people the most opportunity, so that they have the ability to pull themselves up! The Left wants to help the poor, but the right wants the poor to stop being poor.

    • @purplewine7362
      @purplewine7362 2 года назад +145

      @@Jimraynor45 lmfao lemme guess... it's homeless people's fault they're homeless as well?

    • @DogginsFroggins
      @DogginsFroggins 2 года назад +185

      @@Jimraynor45 LOL its not about the left vs the right, its poor versus the rich, all the party system does is distract you from the real issue.
      Rich need to have less, poor need to have more is besides the point. People deserve to have their basic needs met no matter their role or status as a human right, UBI would still have rich and poor, except the "poor" would still have a roof, food and a basic standard of living instead of dying form diabetes or something.

  • @moewzer4557
    @moewzer4557 Год назад +1063

    This video is almost heartbreaking because it really makes you appreciate how lucky you probably are to be where you are and that you should never take anything that you have for granted

    • @gaffartarraf2260
      @gaffartarraf2260 Год назад +21

      Why? Because you raised in well educated family (well, educated enough to avoid addiction or maybe the previous generation just broke the cycle) and you think you don't deserve this good life? Because you feel that you don't show an appreciation?
      Look I am poor and I'm not shy cuz I'm still young and trying hard to get out of this but really I've always been glad whenever I see someone living a good life and happy with what they have
      Yes, I'm wishing to live like that but doesn't mean these ppl took the fundamentals needs of my life ( housing, food, education, healthcare, etc.....) They basically have their own.
      The best you can do is to help the poor around you who really needs the help
      I'm sure there's plenty of them it could be a cousin idk maybe a relative or a friend or maybe a friend's friend
      And the help can be an emotional support not particularly a financial one!!!
      And again you don't have to if you think it's not necessary or if simply you can't!
      Just questioning yourself
      ✌🏻🙏🏻 All the best

    • @alnajla-fe1lp
      @alnajla-fe1lp Год назад +24

      Dawg you good? He was saying that he sees how much he appreciates it

    • @castellanos7499
      @castellanos7499 Год назад +6

      @@gaffartarraf2260I challenge you to live in a third world country.
      Where people we’ll educated, no addictions, amazing work ethic can afford housing.
      You really should be grateful to live in “poverty” and speak even speak the language you do.

    • @nathangaspacio6128
      @nathangaspacio6128 Год назад +8

      @@castellanos7499 I think he misunderstood what the person was saying and was trying to tell them to not feel guilty about what they have, but to enjoy it and use it to help others.

    • @claudiahernandez-ln8lv
      @claudiahernandez-ln8lv 11 месяцев назад +4

      Lucky? What should be normal you call it to be lucky? I hate this so much cus people is so used to poverty that the end up saying an apple a day is a reason to feel privilege.

  • @Benni777
    @Benni777 2 года назад +1079

    This is a reality for me, I don’t have to imagine this scenario. I live on SSI and I can’t get a job bc I’m disabled and I’m getting assistance for it, but it’s still hard. If I get a too good paying job, then I don’t get any gov’t assistance; if I don’t get a well paying job, then I still need go’t assistance. And for something that I can’t control; my disability.

    • @Killertiller01
      @Killertiller01 2 года назад +50

      I'm sorry to hear this man, have you heard of the 3d software blender? Learn to use it and freelance on the side for extra cash. God bless brother. Keep your head high.

    • @yabuki2502
      @yabuki2502 2 года назад +39

      @@Killertiller01 🤨 wtf dude

    • @Benni777
      @Benni777 2 года назад +9

      @Matthew Morycinski thanks, so much! ☺️

    • @coleg5578
      @coleg5578 2 года назад +10

      What is your disability? Are you unable to walk?

    • @marlonmoncrieffe0728
      @marlonmoncrieffe0728 2 года назад +13

      How many welfare users have the disability excuse and are not just leeching?
      Also, WHEN does social responsibility end and personal responsibility FINALLY begin?

  • @HexaBoxabl
    @HexaBoxabl Месяц назад +49

    Honestly our government has no idea how people are suffering these days. I much feel sorry for the disabled people who don’t get the help they deserve

    • @lasvegasluca9509
      @lasvegasluca9509 Месяц назад +5

      Investing in alternate income streams should be the top priority for everyone right now especially given the global economic crisis we are currently experiencing. Stocks, gold, silver and virtual currencies are still attractive investments at the moment.

    • @claresmithy4667
      @claresmithy4667 Месяц назад +2

      You’re correct I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at the moment.

    • @MagarethWoods
      @MagarethWoods Месяц назад +4

      I’m looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you thing I should be buying?

    • @HexaBoxabl
      @HexaBoxabl Месяц назад +3

      Kate Mellon Bruce is not just my family’s financial advisor, she’s a licensed and FINRA agent who other families in the US employs her services

    • @HexaBoxabl
      @HexaBoxabl Месяц назад +3

      She's active on face book @

  • @JoseDiaz-rh2vp
    @JoseDiaz-rh2vp 2 года назад +3230

    If you escape poverty you are the exception to the rule. It takes discipline, intelligence, and a whole lot of luck. The system isn't designed for you to be successful, it's designed to keep you poor so you have to keep your job working for the owner class.

    • @clup3136
      @clup3136 2 года назад +6

      No. Most people get out of poverty according to evidence:
      ruclips.net/video/rrkHn5Fd6zM/видео.html

    • @saptarshichatterjee36
      @saptarshichatterjee36 2 года назад +104

      I think for Universal Basic Income to work, there needs to be price control on everything that is deemed as necessary (nutritious food, rent, utilities). Price control might sound good but it has the potential to be so expensive in the long run that it might bankrupt the public exchequer in times of recession.

    • @celia2726
      @celia2726 2 года назад +68

      @@clup3136 if most people get out of
      poverty, how come the poverty rate is increasing?

    • @clup3136
      @clup3136 2 года назад +53

      @@celia2726
      Because Poverty is measured relatively to the wealth of its country. In absolute numbers, wealth of the bottom 20% has increased in the last 70 years, as has the other 80% (check Median wages in "FRED" since 1947, if u want, to get an idea. I dont know if FRED has specific data on that 20%).
      _In the description of the video i have linked above, you have the economical evidence of that previous comment_
      What should be changed, are the *issues that are making some guys in that 20% to remain* there:
      - educational reform + college reform to prevent prices from rising, and to increase quality through competition
      - healthcare reform to gain competitivity thus diminishing prices
      - stop political restictions on house supply that makes house prices and loans to rise
      - tax reform like Estonia that helps improve productivity thus making wages to rise.
      - change laws that make unemployement to rise (maybe erase minimum wage laws, and just give food or health insurance to those who can't pay for it in order to avoid distorting labour market)

    • @celia2726
      @celia2726 2 года назад +9

      @@clup3136 thank you for explaining! good input

  • @ethorii
    @ethorii Год назад +7086

    Rule number one: don't have children unless you have rational confidence that they can be raised without pain to them or yourself. Easier said than done, I know, but nonetheless true.

    • @PeterRiello
      @PeterRiello Год назад +101

      Could you clarify what you mean by "without pain to them or yourself"?

    • @adder2204
      @adder2204 Год назад +171

      I should imagine the author means financial pain.

    • @ethorii
      @ethorii Год назад +351

      @@PeterRiello are life goals derailed because of cost of children? Are the kids stuck in a small grim world from lack of money? Is welfare needed to make ends meet? That kind thing. Don't have kids automatically is my point.

    • @pedroantonio5031
      @pedroantonio5031 Год назад +197

      Only childs who grew up and winned poverty understands how this matter

    • @tehguitarque
      @tehguitarque Год назад +158

      @@ethorii Are you suggesting that poor people shouldn't have kids?

  • @ANDROLOMA
    @ANDROLOMA 2 года назад +85

    I dragged myself from abject poverty to one step above abject poverty. The experience taught me one valuable lesson about working in America: *"IT'S NOT WHAT YOU KNOW, IT'S WHO YOU KNOW."*

    • @walterdoti4107
      @walterdoti4107 Год назад

      Contacts kill CV

    • @ANDROLOMA
      @ANDROLOMA Год назад

      @@walterdoti4107 ?

    • @PunkHerr
      @PunkHerr 7 месяцев назад +2

      @@ANDROLOMA I think he means that "having contacts is way more important than cv". Therefor cvs are useless if contacts matter more. :)

    • @ANDROLOMA
      @ANDROLOMA 7 месяцев назад

      @@PunkHerr CV = corona virus?

    • @ANDROLOMA
      @ANDROLOMA 5 месяцев назад

      @sandponics Perhaps I should clarify: I meant as far as getting ahead at work.

  • @Its1and2
    @Its1and2 5 месяцев назад +27

    That one frame at 1:53 when parent penguin is looking at the empty fridge and then at the expecting baby penguin broke my heart. Reminds me the same exact memory that's burned in my brain from our poverty days and I was the baby. My family worked really hard to get us all out of that state. I'm thankful but also compassionate to anybody else who maybe struggling right now.

  • @christine_ren
    @christine_ren 2 года назад +426

    I used to work a full time job in Greece for EUR 420/ month. Just barely enough to live on, but I couldn't afford rent, got support from my family. My next job actually paid enough that i could rent a house and live comfortably. I'm not the same person after that job. People that haven't had this experience will never understand the anxiety that comes with it. Even i think i barely understand my past self.

    • @Nimble39
      @Nimble39 2 года назад +21

      It’s true, somebody else in this comment section said the only way to understand poverty is to experience it, sadly. But because nobody wants to go through it they don’t understand it and see it from a perspective where everything is easy to them because in their life it’s easy to avoid poverty, it’s just sad
      I hope in the nearby future we at least reduce the amount of poverty that’s happening right now

    • @sriku1000
      @sriku1000 2 года назад

      Is this the legacy you leave behind?? ruclips.net/video/S5f5zKsN1DE/видео.html A great watch!!

    • @BlondeQtie
      @BlondeQtie 2 года назад +4

      What full time job in Europe pays 420€?! And why did you take it?

    • @henriquecarlos_
      @henriquecarlos_ 2 года назад +8

      @@BlondeQtie maybe, that person didn't have any kind of assistance. That job was better than nothing

    • @BlondeQtie
      @BlondeQtie 2 года назад +1

      @@henriquecarlos_ Those jobs don’t really exist (or shouldn’t? it’s below federal min wage! sounds illegal.) and they are plenty of jobs for unskilled workers that pay MUCH better than than and they are always looking for new employees.

  • @gimmick206
    @gimmick206 2 года назад +381

    The best way to understand poverty is by experience it yourself(I know, its not plausible). I live in rural poor neighborhood in developing/third world country, there is no solution as one size fit all, it depends on the people itself. Many people act like "woke" with this topic but doesn't necessarily understand what it's really like. Don't get me wrong, it also apply to me. After all, we already have too much at hand to also care about other. Many believe we should educate instead of just giving money, but the truth is more practical than that and need immediate and direct measure that actually necessary to keep their live going. Poor people think short term(I don't mean it as a bad thing, it's just what's necessary to them.

    • @gimmick206
      @gimmick206 2 года назад +46

      @@Squeekysquid like i said they need a more immediate approach, you need to give them a mean to provide for their necessity which of course has a direct benefit to them for maybe period of time so they can adjust the lifestyle and start to think how to improve when let's say for a fact that they clearly has clear disadvantage and less opportunity either to get a job(it's not even need to be with all the healthcare benefit, just primary income for sustaining their day to day life) or even to get a loan. Let alone to start saving and investing on long term improvement.

    • @trunghungpham9414
      @trunghungpham9414 2 года назад +11

      I mean...
      I think the solution is both. Both Education and immediate support like food, water and shelter
      For example, there’s a poor village in rural area in Africa that I want to help. First, build schools, build proper houses, build hospitals, give them foods... And then, when they are all warm and full and happy, gather them around and ask “What do you think is the reason you are poor right now?”, teach them what current situation they are in now, teach them how to make money, teach them about the welfare trap, and that if they want to escape proverty, they have to work themselves, gain knowledge, think long term how to make money etc...

    • @gimmick206
      @gimmick206 2 года назад +10

      @@trunghungpham9414 Agree with that, but it sometime harder and what I think the priority should be basic income then followed by education , here they give education also and an incentive (money) so they want to learn, but the money is just not enough, it's ended up on the middleman who supposed to supervise the learning. Giving the "right" education is much harder than it seems, and there is already a study, when it's harvest season, they do better at problem solving cause their burden is lifted a little . I know, it's complicated thing, I think they need to be given a time to adjust first, then education follow cause let's be honest people don't like other to be given privilege for free, and they think they need it as much as the poor need it so yes, giving them education will make the reasoning to other who don't get(who are not poor) a better understanding. And for god shake, don't get me started with horrible people(generally more educated that took advantage of this aid given to the poor, even though they are already rich) so supervision is one other important aspect. Developing world is more rampant with corruption as we already know. I know it's radical, but basic incomes is necessary for the poor and a priority, then we start educating them, give counseling to them etc. They are not lazy, they just need a better understanding of their situation in which they are in, if the situation is not improving, take that basic income cause sometimes we need to force people and if they do better give them a better opportunity, meritocracy is not perfect, but I believe it really is the most practical way to improve.

    • @trunghungpham9414
      @trunghungpham9414 2 года назад

      @@gimmick206 Agreed

    • @myouniverse0613
      @myouniverse0613 2 года назад +14

      @@gimmick206 I haven't read enough information on economic systems to form an educated opinion, but based on personal experience, once the poor are able to satisfy their basic needs especially if it's from charity or welfare programs, they wouldn't feel the need to invest further in improving their lives. For example in my country, informal settlers are able to eat thrice a day and send their kids to school, and they're contented with that already. Instead of using extra income to invest in higher education or at least a small business, they drop out of school after irresponsibly getting pregnant at an early age and most don't stop at having one child despite their poverty. Their houses are made of poor materials that could easily be destroyed by calamities, but most of them have five children or more. It becomes a cycle because they make their situation worse for themselves. I believe it's because they're at the mindset that they can't do anything about being poor so they're just going to live however they want as long as they can survive.

  • @sydposting
    @sydposting 2 года назад +805

    Another contributing factor in welfare program failure is the loss of benefits through marriage, particularly for disabled people. Many disabled people cannot marry their loved ones because to do so would disqualify them from benefits. These sorts of issues cannot be solved with UBI alone.

    • @Thunderbird68-i2f
      @Thunderbird68-i2f 2 года назад +51

      Yes, implying the overall and underlying message that you can't be loved by another person to qualify.

    • @sydposting
      @sydposting 2 года назад +84

      @@Thunderbird68-i2f Not to mention perpetuating the expectation that family members and loved ones must serve as primary caregivers, much less without compensation! Even high-complexity care like wound dressing and medication management. It’s absurd and inhumane.

    • @Thunderbird68-i2f
      @Thunderbird68-i2f 2 года назад +29

      @@sydposting ...yes, if not blatantly cruel. This grotesque 'expectation' absolves the sysem of any responsibility towards the people of their society, basically shifting the blame. By doing so, the people running it can continue to enjoy a decent salary with benefits, in addition to patting themselves on the back for not being at the other side of the desk, truth be told, lol. This is a repetive theme throughout history all over the globe.

    • @Thunderbird68-i2f
      @Thunderbird68-i2f 2 года назад +3

      Sorry...typo...I meant 'system'...members of 'its' society...and 'repetitive'.

    • @Whatever-mx3bt
      @Whatever-mx3bt 2 года назад +19

      @@sydposting it isn't that alone, but that working couples still get their full pay, even if minimum, while married etc, but disability is already below poverty and they still cut it back when married? It is what it is, cruel, inhumane, eugenics, and discriminatory.

  • @shellylofgren
    @shellylofgren Год назад +1550

    Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place.

    • @philipr1759
      @philipr1759 Год назад +3

      Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival

    • @HarrietBemish
      @HarrietBemish Год назад +3

      @@philipr1759 I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.

    • @duane_29
      @duane_29 Год назад +2

      @@HarrietBemish I need a guide so i can salvage my port-folio due to the massive dips and come up with better strategies. How can one reach this advisor??

    • @HarrietBemish
      @HarrietBemish Год назад +3

      @@duane_29 I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance wealth managers you could check out. I have been working with Christine Jane Mclean for about four years now, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.

    • @duane_29
      @duane_29 Год назад +2

      @@HarrietBemish Thank you for this tip , I must say, Christine appears to be quite knowledgeable. After coming across her online page, I thoroughly went through her resume, educational background, and qualifications, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.

  • @elliottcoleman8225
    @elliottcoleman8225 2 года назад +313

    It must also be said that welfare benefits are especially vicious to disabled people. My mother is partially incapable of keeping a job due to mental issues, but doesn't qualify for benefits because she's been out of work for more than 5 years. Even if she were to get these benefits, as soon as she makes enough money, they would pull the rug out from under her, as if her mental issues didn't exist. This is even more obvious for people with physical disabilities. Just because a disabled person is making a halfway decent amount of money, it doesn't mean they can suddenly walk, or have typical motor control, or their brain suddenly just put all the wires in the same place as everyone else. They're still disabled, and the cost of living for a disabled person is often much higher than the average person.

    • @PHanomaly
      @PHanomaly 2 года назад +2

      SSDI has an excellent back to work program that gradually phases out benefits only after you are working qnd stable for a long period. Even when they stop, if you are not able to continue, your benefits are immediately restored. So...?

    • @silverchords1277
      @silverchords1277 2 года назад +5

      @@PHanomaly That's definitely not the case for everyone in every state. There's also federal SSDI with those rules. They take money away much faster than they every reinstate.

    • @kekedream
      @kekedream 2 года назад +1

      Yes. I'm living the disability trap.

    • @kekedream
      @kekedream 2 года назад +2

      @@PHanomaly stop trying to excuse away the obvious as if you understand the programs inside and out.

    • @theultimatereductionist7592
      @theultimatereductionist7592 2 года назад

      Because EVERYBODY was FORCED, WITHOUT THEIR CONSENT, into existence, by their BREEDERS (aka "parents").
      And because anticommunism = anarchy = capitalism is an utter FAILURE.
      Two BASIC facts we ANTINATALISTS have known for all of history.

  • @Lucas22Bosso
    @Lucas22Bosso 2 года назад +626

    That's why we need more employee benefits too. Laws that assure money for transportation, health care and food for workers given by the employers.

    • @Jimraynor45
      @Jimraynor45 2 года назад +32

      Umm, you do realize that nothing is free in this world right? If you create laws that force employers to pay for stuff, that will include workers who don't want those benefits. For example, an employee may prefer a higher wage instead of transportation or health insurance. FYI, that is part of the reason why wages are stagnating so much, because employers have to pay so many benefits, even for those workers who would prefer the higher wage. The better answer is to let workers negotiate to get the exact benefits they want.

    • @nikitazogas3676
      @nikitazogas3676 2 года назад +5

      Probably this would be even better if it's not money but cheques which can be converted to pay the rent (converted online for example) and have essential food to buy in the shop (excluding alcohol, for example).

    • @mecube9148
      @mecube9148 2 года назад +44

      @@Jimraynor45 but there is too much law and benefits for the companies. One shouldn't have to be forced into walking back home to save on commute but the employer has choice of driving between ferrari or lambo. I have to pay 2.75 to get to work and back sometimes more in between. So 5.50 at the minimum for the day, 27.50 for the week and 110.00 for the month. That's 1320.00 a year. That's money that could change a family outcome. But all i can get is a "tax break" on it thru benefits.

    • @billcipherproductions1789
      @billcipherproductions1789 2 года назад +3

      I disagree. Too expensive.

    • @christiana5453
      @christiana5453 2 года назад +46

      @@billcipherproductions1789 The US almosts spends nearly 700 billion on the military alone, thats more than the next 3-4 nations combined, I'm sure the government and billion dollar companies can spare enough to ensure workers are taken care off.

  • @z.m.6053
    @z.m.6053 2 года назад +371

    I feel like they skipped over the “provide benefits like childcare, medical care, and education” part a little fast. There are some costs that really shouldn’t be shouldered by individuals at all. Most insurance should be public and universal, heath insurance particularly. Public transportation should be robust enough that people can get to their jobs without significant waits. There are all kinds of things that contribute to cost of living (and thereby poverty) that it would be more efficient and more beneficial to do at a community or societal level. Not to mention that taking such burdens off people gives them more time and energy to better themselves/look for better jobs/get promotions/raises. Climbing out of poverty is hard on its own, but there’s no reason people should have to do it with 20 pound weights around their ankles.

    • @lonestarr1490
      @lonestarr1490 2 года назад +11

      So, maybe not universal income but universally shared goods and services? (I know, I know, more stuff that won't ever work.)

    • @thebatonmaster
      @thebatonmaster 2 года назад +6

      I agree. Although I'm generally in favor of UBI, one problem is that it decreases in effectiveness as inflation goes up, and it might even worsen inflation. People still have to use that money to "purchase" things that are increasingly expensive. Providing something like guaranteed housing, healthcare, food, or education would be things that are independent of price and therefore unaffected by inflation.

    • @gammarayneutrino8413
      @gammarayneutrino8413 2 года назад +4

      @@lonestarr1490 More stuff that work very well in other developed countries*

    • @darksecret6050
      @darksecret6050 2 года назад +6

      @@lonestarr1490 So basically communism? I wish people would understand why communism is a better economic model
      Edit: So seeing that people are here having a civilised conversation here, I'd like to leave this edit here
      1. First of all, about existing communist countries - yes you may look at them and then realise that they are not particularly amazing places to leave but what you need to realise is that it wasn't the fault of communism (the economic system), but rather authoratarianism (the administrative system). Now the western capitalist media makes it look like that those two are the same thing but actually aren't. Another flawed thinking is that communism is what gave way to those authoratative regimes which is not particularly correct. It was due to war with the west and the capitalist system and war always leads to huge power vaccuums for power-hungry people who wants to take it for themselves. The thing is that communism was under fire from the moment it was created and thus created this image of the communism being associated with authorotarianism. While on the other hand, communism is the main factor why all of those regimes could get back economically - this is a well established fact, especially in Soviet Russia. So as an economic system it is a far better idea than the one we have right now, and it doesn't automatically lead to authoratative regimes but *can*
      2. What are the flaws of communism and why did it fail during most of the history period. Well the war against communism was a huge success, no doubt. So credit goes where credit's due - USA and the West was amazing at this, from incredible propaganda to military operations around the world, they won the conflict because of skills. The constant war was a very bad thing for a communist country and definitely led to very oppressive regimes as discussed above. But there are other reasons - radicalism, corruptiona and lack of education mainly were huge factors. Bolshevism-Leninism, Maoism and other very radical communist groups shattered the images of communism in general. Although we should understand why they did it. Constant war led to harsh conditions and radical decisions; but in no way is that any excuse but history is history - and i believe villainising people and blaming it on them is a good propaganda but isn't a good history lesson. I don't intend to go on the specifics but if you reaserch you will find those were very harsh conditions and there were reasons for bad situations like that; and communism wasn't the problem
      3. Is there a better way though? Well in my opinion yes. As an economic model communism is an amazing idea, collectivising leads to godly results - we all know the benefits of public health care, transportation, and large collected industries and fields. But for implementing this amazing model, we need a good administration system and democracy doesn't sadly work well with this. What we need to oppose authoratative regimes (remember collectivising is a heavy-duty centralisation and will yield immense power to very few people) - so to counter that i propose something which you will find very close to anarchism. And that is voluntary participation. And abolition of administration system and replacing it with the management system. What is the difference? Well the management system holds no power and only advises peole what to do and what to not and it's completely in the people's hand if they decide to do it or not. There is no money and people do jobs just beacuse they like that job specifically. The management unit is also just like any other job.

    • @HattieMcDanielonaMoon
      @HattieMcDanielonaMoon 2 года назад

      @@lonestarr1490 You won't know if you don't try

  • @heidilady
    @heidilady Год назад +56

    I wish this video would also touch on how having a felony or having a poor credit rating further perpetuates poverty.

    • @ethorii
      @ethorii 7 месяцев назад +1

      Move to California. It's illegal to ask about criminal record there.

    • @kimbarber4761
      @kimbarber4761 5 месяцев назад +3

      I watched a program about a couple of felons trying to get on their feet after jail, the current system almost forces people back into crime. It's hard enough, nearly impossible sometimes for people without a record. We all need to be protected from violent offenders, but these guys were dealing pot. We need a system where records reflect the difference between people who are violent, and those who are not

    • @kaytlynbarber8237
      @kaytlynbarber8237 5 месяцев назад +1

      My mom is a teacher and we have to use credit cards to survive summer and every year when she’s back to work it takes the whole school year to pay it off then summer hits and we’re back to being in debt

    • @kimbarber4761
      @kimbarber4761 5 месяцев назад

      @@kaytlynbarber8237 The 3 trillion tax break trump gave the mega rich works out to about $27,000 for each US citizen, including children. Many people weren't bothered by that, they did save a few hundred on their own taxes, so they thought it was ok? (we need more math teachers!)
      Somehow, many believe that we each deserve what we get. The mega rich deserve plenty because they work hard. (forget about them inheriting, their parents must have worked hard, so they still deserve it). The poor deserve nothing because they don't work hard enough. They need to pull up their bootstraps, and if they don't have boots, they must be exceptionally lazy. Wealth is too often tied to morality, but all twisted. The poor mostly work very hard, and the mega rich rarely do, we each only have 24 hrs in a day.
      Somehow people don't understand when the system is rigged. I bet your mom works plenty hard, and I bet someone in a factory or at a Walmart works hard too. Some people even work hard at two jobs and still can't get ahead. That's no way to build a peaceful, healthy society.
      The US philosophy of anything for a buck and each man for himself works against most of us.

    • @DavidLockett-x4b
      @DavidLockett-x4b 21 день назад

      Not having a felony or a poor credit rating, is the best policy.

  • @RealityMayTravel
    @RealityMayTravel 2 года назад +299

    In Denmark 🇩🇰 we don't have poverty at all. The government will take care of you if you lose your job. How?
    1. Government will give you monthly salary of 1400$ after tax. That's if you're single. If you have a kid it will increase to 1700$
    2. They will help the citizen to apply for new job or an education.
    3. They will give the citizen plenty of options to choose between jobs.
    - If you work, you'll pay tax, when you pay tax you pay the government back and they pay you back again. All this with free healthcare and free education which is two of the most important aspects in life.

    • @FelixDaHousecat11
      @FelixDaHousecat11 2 года назад +39

      Take me in, please.

    • @Edwardo160
      @Edwardo160 2 года назад +2

      it good.👍

    • @myouniverse0613
      @myouniverse0613 2 года назад +5

      Oh wow really? I want to live there that sounds neat

    • @user-hd8ej8yx9p
      @user-hd8ej8yx9p 2 года назад +6

      Y’all pay 56% income tax rate in Denmark… also, whitest country in the world… no thanks

    • @myouniverse0613
      @myouniverse0613 2 года назад +30

      @@user-hd8ej8yx9p Whats your problem lol zero poverty rate is something to be proud about

  • @WestExplainsBest
    @WestExplainsBest 2 года назад +478

    "Only by empowering individuals to create long-term change in their lives and their communities can we begin to break the cycle of poverty."
    Empowering individuals starts with education. Period.
    Edit: Most people assumed I meant college and university; I am referring to primary education, especially quality elementary, middle school, kindergarten, and Pre-K education. Improved Pre-k education especially would take the burden off of working families and increase access to books for children. We have a lot of ground to cover in improving our educational system, and it may even need a drastic remodel.

    • @thethoughtfulpeanut6662
      @thethoughtfulpeanut6662 2 года назад +53

      Money without appropriate education is a recipe for failure.
      Education that puts people into debt for a third of their lives, and education without adequate money to cover unpredictable emergencies or necessities, is also not a solution or a worthwhile investment.

    • @hearmeout9424
      @hearmeout9424 2 года назад +28

      What kinda education ? The education system we have right now ,is a total failure . I think the root cause of all problem in this world is a broken political system , this what we need to fix first

    • @kimrussell3735
      @kimrussell3735 2 года назад

      And now the right is making public schools look bad and create private schools. Education is next on the chopping block.

    • @katherineshamshi7692
      @katherineshamshi7692 2 года назад +5

      Not really no.

    • @jacobjones630
      @jacobjones630 2 года назад +9

      plenty of people in this country have masters degrees that pump gas.
      Homeless people need houses. the unemployed need jobs and people with no income need income. it's not that complicated

  • @hiya3
    @hiya3 2 года назад +553

    The art and animation is so good ! It develops both a serious scenario but in a fun way.

    • @mikopiko
      @mikopiko 2 года назад

      For real

    • @sriku1000
      @sriku1000 2 года назад

      Is this the legacy you leave behind?? ruclips.net/video/S5f5zKsN1DE/видео.html A great watch!!

    • @bawlstars7857
      @bawlstars7857 2 года назад

      exactly, plus no specific colours and shapes were used which makes it more open and acceptable by everyone.

  • @KiyosakiSays
    @KiyosakiSays Год назад +392

    “There is a difference between being poor and being broke. Broke is temporary. Poor is eternal.” - Robert Kiyosaki

    • @thebeatmajors_yt
      @thebeatmajors_yt Год назад +7

      dones't help in real life

    • @killerbrother6187
      @killerbrother6187 Год назад +4

      ​@@thebeatmajors_ytyou don't get it that means

    • @princessglandy6776
      @princessglandy6776 Год назад +9

      @@killerbrother6187at the end of the day it’s still a lack of money,

    • @killerbrother6187
      @killerbrother6187 Год назад

      @@princessglandy6776 hmm

    • @AAlmurik
      @AAlmurik Год назад

      ​@@princessglandy6776 at least in Spanish there is a difference. The idea behind it is to trick your mind: if u re broke u can recover, if u r poor u assimilate an state and that is harder to beat in real world and in your mind

  • @alba8443
    @alba8443 2 года назад +169

    I have recently fallen into homelessness. I still get help from the government and I'm lucky enough to have a warm place at enough, but I still can't find a job nor find a new home to stay at. It's a really difficult situation to get out of and most people at the local shelter have been there for years. I wish the government could help us more directly into recovering from this situation then actually just giving us money to get through the month and then tell us to just find a way on our own.

    • @dalladi
      @dalladi Год назад +10

      And if you try talk to anyone in government about it they will agree yet disagree and point you to non profit or volunteer programs that often simply don't have the resources but no one cares. At this point I'm rooting for the bad guys. How else will society change unless life becomes bad enough for everyone that it does, not just some 'unfortunate few'.

    • @JustMe-vz3wd
      @JustMe-vz3wd Год назад +3

      why not help yourself and start educating yourself about how to handle money, or how to get a job, youtube is full with selfhelp videos, dont wait for the governement.

    • @alba8443
      @alba8443 Год назад +15

      @@JustMe-vz3wd imma just laugh at you 🤣

    • @gaganbachhal
      @gaganbachhal Год назад +5

      Dude it’s been 9 months, did you find a home yet?

    • @learningearning8385
      @learningearning8385 Год назад +3

      @@JustMe-vz3wdhe already said he was consistently applying for jobs with no luck.

  • @vido7027
    @vido7027 2 года назад +112

    "Imagine that you've been unemployed-"
    Oh, no need for imagination there.

  • @dananola
    @dananola 2 года назад +146

    I found myself smack in the middle of this paradox. It made me actually afraid of getting a job as badly as I needed one. The part time job I found did not have health insurance and I ended up with a $500 bill for treatment of my chronic illness that I could not afford.

    • @tylendollison-leffler6961
      @tylendollison-leffler6961 2 года назад +15

      They just want to take as much money as they can from the people that don’t have it

    • @tylendollison-leffler6961
      @tylendollison-leffler6961 2 года назад +9

      I hope you can get Medicare benefits in your state

    • @dananola
      @dananola 2 года назад +4

      @@tylendollison-leffler6961 I can, but due to the job, I now have a $75 per day copay which I cannot afford. Now I need to take money out of my disability check to pay this bill. It's nuts.

    • @GenerationX1984
      @GenerationX1984 2 года назад +3

      Jobs that don't have good benefits are a deal breaker for me. I'd rather be on welfare. I just don't take those jobs.
      I'm lucky enough to have a job now that has decent benefits.

  • @5679791
    @5679791 Год назад +12

    I have notices my family got better and better with each generation because though they were poor and came from the highlands they were able to make constant good decisions based on the reality of their situation. I am lucky to be born with parents that cared about giving me education and sith that I continued to make good decisions. Life is not easy but making good decisions do help. Most of the environment I know really didn't. Had kids early without preparation and planning, didn't pursue education and put party's first. My family was very encouraging and helped me look at life with a fighting spirit.

  • @greggakegga8820
    @greggakegga8820 2 года назад +95

    You guys (USA citizens) are so lucky to have welfare. In many or even most places around the world these programs are simply dont exist. And if you loose a job you won't be able to buy food or pay your bills.

    • @organicfarm5524
      @organicfarm5524 2 года назад +24

      USA is ranked 21st in social welfare spending. European countries do better.
      But it's true that it's only North America and Europe, and Japan, Korea, China and few others who have significant welfare spending.

    • @entertainment4fun707
      @entertainment4fun707 2 года назад +4

      @@organicfarm5524 South korea

    • @williamburton757
      @williamburton757 2 года назад +9

      Yeah, I'm so lucky to have to go to work in order to earn a living, and then to have my government steal a significant portion of my income in order to support bums who don't want to work here and in other countries.... soooooo lucky.

    • @VigneshV-lo6fi
      @VigneshV-lo6fi 2 года назад +5

      And they still whine. They still cry out for more

    • @skizzpulse
      @skizzpulse 2 года назад +15

      @@VigneshV-lo6fi because it just isn’t enough.

  • @ericsuarez834
    @ericsuarez834 2 года назад +82

    The issue and why even tho we know this won't be enough to change it is the idea that profit wins over anything, neoliberalism is the idea that private corporations are the only ones that know how to get stuff done, it was pushed so hard that the only good education was private, good health care was private which are the main things that can change the future of a person. Suddenly you needed money to stop being poor and you remained poor for not being able to afford good education

    • @wassup4532
      @wassup4532 2 года назад +1

      Id say the biggest issue is how to make UBI feasable. Even if we had the money to do it (which may even be unrealistic considering even in most socialist countries pensions for the elderly are already hard to cover) giving everyone more money would probably cause inflation.
      Having said that I think society will eventually transition to an UBI model considering how much technology will advance in 60-70 years and it would probably reduce the amount of jobs available. But it is probably something that will have to face future generations.

  • @punkyreggaeparty8786
    @punkyreggaeparty8786 2 года назад +174

    Enjoyed the narration, animation and the breakdown of information. Thank you.

  • @ClementRusso2
    @ClementRusso2 11 месяцев назад +548

    Getting a head start by beginning to invest early is the most effective way to build wealth, with investment taking precedence. I've learned from last year's experience that starting early allowed me to create a better life through early investments this time around.

    • @VickyAlvy
      @VickyAlvy 11 месяцев назад

      I always consult a financial advisor before investing. During the pandemic, I used their tactics to minimize risks and maximize profits, generating around $3 million in three years with my advisor, Stacey Lee Decker.

    • @VickyAlvy
      @VickyAlvy 11 месяцев назад

      With the help of google you can book an appointment. She has a wealth of experience in the financial market gained over several years.

    • @frequentlycynical642
      @frequentlycynical642 11 месяцев назад +9

      You've got to have money beyond the basics in order to invest. And even if someone scraped together $1000, what will they do with it that yields a return? Count yourself both smart and lucky.

    • @bruah4364
      @bruah4364 10 месяцев назад +11

      building wealth and escaping poverty are two entirely different concepts, building wealth means already having wealth to begin with

    • @mandysauro
      @mandysauro 9 месяцев назад +4

      Someone who can barely get by (rent and food) doesn't have the money to invest, sadly.

  • @bigredracingdog466
    @bigredracingdog466 2 года назад +188

    I taught in the public schools for 23 years and watched kids volunteer for poverty. Otherwise bright and capable kids threw away the greatest gift society could give them, a free education. Many came to my class two or more years behind their classmates in reading. I was able to help the ones who wanted it. Others fell further behind.
    By contrast I had Burmese kids who spent the previous year or two in a refugee camp in Thailand. They knew real poverty. They spoke almost no English on the first day of school. They came to help sessions at lunch. They came after school. They worked incredibly hard. Their parents worked the kind of jobs few Americans want to do anymore. Sometimes both parents worked two jobs. Of the 20 or so Burmese kids who came through my school, every single one of them graduated.

    • @riscx5385
      @riscx5385 2 года назад +26

      the show of effort from the Burmese kids is what we lack in todays society. no one wants to give any effort but wants to get paid like they are elon musk

    • @jalengayfield3915
      @jalengayfield3915 2 года назад +8

      @@riscx5385 source me dad

    • @gerhardtblume7354
      @gerhardtblume7354 Год назад

      Who could possibly be against anti-poverty?
      You like people being poor?
      And so, over the last 50 years, the US government has spent more than 16 TRILLION DOLLARS in its war against poverty…
      So, how well is that working?Not well. It’s fuelled generational welfare dependency and economic resentment.
      Trillions of dollars and the needle has scarcely moved.
      When Lyndon Johnson declared war on poverty, the rate was 19 percent. We now have a 15 percent poverty rate.
      Need it be said, America’s poor live lives of the comfortable middle class by global standards.
      In 1964, children in poverty was at 23 percent. Now? It’s 22 percent.
      This has been a wasteful disaster, fomenting nothing but resentment, dependency and social apathy.
      Tax the rich? The rich currently pay the vast majority of taxes. These taxes inevitably slow economic growth, decrease actual tax revenue and hurt the working poor.
      Please check out my book “Deconstructing Social Justice”. I promise you, you’re in for more than a few surprises!

    • @Dr.Nguyen-Bakersfield
      @Dr.Nguyen-Bakersfield Год назад +2

      I am one of those poor kids

    • @jasonjames4254
      @jasonjames4254 Год назад +5

      It's amazing what hard work and discipline will do compared to a mentality of entitlement, isn't it?

  • @azariahkolade2712
    @azariahkolade2712 2 года назад +182

    Overcoming poverty is not a gesture of charity. It's an act of justice

    • @allwhatilove914
      @allwhatilove914 9 месяцев назад

      Justice if you do something to get to it. And only that.

  • @Monarch_Prime
    @Monarch_Prime 2 года назад +101

    Poverty is a cycle that perpetuates itself, and exponentially gets worse.

    • @YoDooDSup
      @YoDooDSup 2 года назад +12

      Thanks to democrats

    • @Monarch_Prime
      @Monarch_Prime 2 года назад +35

      @@YoDooDSup it's not just about parties. The whole system is corrupt, from the lowly officer of the state to the highest echelons of bureaucracy. When you have a system built on funneling money to those already successful instead of those who could use some, well. This is what you get. This is what we all get.

    • @ericsuarez834
      @ericsuarez834 2 года назад +23

      @@YoDooDSup thanks to neoliberal policies backed by democrat and republican parties

    • @TheJuanTrueKaiser
      @TheJuanTrueKaiser 2 года назад +1

      @@YoDooDSup Lmao sure buddy

    • @thegoldengamer9315
      @thegoldengamer9315 2 года назад +3

      @@ericsuarez834 exactly nobody could have said it better

  • @camille_ann3
    @camille_ann3 Месяц назад +1088

    I'm 25 and recently lost my dad about six months ago. I'll be receiving some money soon and I'm considering investing it. Should I dive directly into rental properties to grow my wealth, or would it be wiser to explore other investment avenues first? Any guidance in this regard would be much valued.

    • @williamJohnsonq8f
      @williamJohnsonq8f Месяц назад

      I believe the safest approach is to diversify your investments. By spreading your funds across different asset classes like bonds, real estate, and international stocks than putting all in one. If your financial understanding is lacking, see a financial consultant.

    • @AaronTilt
      @AaronTilt Месяц назад +2

      Many folks overlook the importance of advisors until their emotions cause them problems. I recall a few summers ago, after my lengthy divorce, I needed support to keep my business going. I searched for licensed advisors and found someone extremely qualified. She helped grow my reserve from $175K to $550K, despite inflation.

    • @mikefallert1306
      @mikefallert1306 Месяц назад

      Impressive gains! how can I get your advisor please, if you don't mind me asking? I could really use a help as of now with my portfolio allocation.

    • @AaronTilt
      @AaronTilt Месяц назад +1

      Certainly, there are handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith Lynn Staufer” for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look her up.

    • @Joeknowsball247
      @Joeknowsball247 Месяц назад

      I looked up her name and found her website. Her credentials are really great with good reviews. Thanks for sharing! I've already reached out to her via email.

  • @kylenetherwood8734
    @kylenetherwood8734 2 года назад +261

    I have no idea if universal basic income is the solution, but I find it hard to imagine it being worse than what we have now.

    • @FAQUERETERMAX
      @FAQUERETERMAX 2 года назад +46

      What about inflation? If suddenly everyone has more money, prices will increase to the point your basic income isn't enough to cover the cost of basic food

    • @ethanbailey6075
      @ethanbailey6075 2 года назад +33

      @@FAQUERETERMAX and then you have to increase the universal basic income, which then causes more inflation. Pretty soon everyone is poor.

    • @SleevedAce
      @SleevedAce 2 года назад +82

      @@FAQUERETERMAX This is an argument against economic activity, though, not an argument against a basic income. By that logic, nobody should have any money, that way there will be no inflation. We shall keep our food prices level by making sure nobody can buy food.
      This is, of course, an absurd conclusion and is not what is being proposed. A hypothetical basic income will likely be a form of redistribution, more like a reverse tax that will benefit the impoverished more relatively.

    • @bobbyferg9173
      @bobbyferg9173 2 года назад +42

      @@FAQUERETERMAX If the money used for UBI was just printed specifically for the purpose of UBI, then yes it would cause inflation. But as was pointed out, UBI would likely be more of soft wealth redistribution as in it will likely be funded from taxes from the upper classes.
      The difference would be that lower classes are spending more on a more frequent basis as opposed to that money either being left untouched or being spent on more expensive items.

    • @spiralentree737
      @spiralentree737 2 года назад +46

      @@FAQUERETERMAX this is why you tax the rich instead of printing money

  • @jimmysthoughts8571
    @jimmysthoughts8571 2 года назад +21

    You know what else doesn't help? That the education we need to raise us out of poverty, itself puts us in debt. I'd argue that you're better off overall, as long as you pick a viable degree but it's still a roadblock that keeps many from engaging in education.

  • @georgev5766
    @georgev5766 2 года назад +463

    I’m all for these programs and agree with the video. It’s actually expensive to be poor. My only concern with universal income is that it could easily be defeated by everyone raising prices. I.e. if you currently rent an apartment for $700/month and a $500 universal income comes into effect tomorrow, what’s to stop landlords from increasing the rent to $1300/month?
    But again, I’m no economist and have no idea how this would work. I’m not against trying it since whatever we have now is not working anyways.

    • @sergiowinter5383
      @sergiowinter5383 2 года назад +41

      A lot of countries use universal income that only goes up because inflation happens, so after each year everyone says that everything got more expensive while in reality was money that lost value, thank you government printers

    • @azraelle6232
      @azraelle6232 2 года назад +79

      Where I'm from, landlords are already doing this, without universal income. Rent and prices go up no matter what.
      (this isn't meant as a counter-argument, as I am also not an economist; just a commentary on the situation.)

    • @riscx5385
      @riscx5385 2 года назад +10

      yea itll be worse. theres a lot of things like this that the people drawing up the laws dont think abt bc all they care about is if someone will bribe them to vote one way or another. need to wipe the leaders we have if we want a change but no one wants to vote in anyone new.

    • @solodolotrevino
      @solodolotrevino 2 года назад +23

      I would say, landlords would get universal income as well. So it should cancel out and they shouldn’t be greedy bastards and let it work as intended for the common good

    • @basileios8554
      @basileios8554 2 года назад +5

      If the ubi isnt financed by printing more money there probably wont be a lot of increase in prices because the amount of money in the economy stays the same. Prices would maybe increase through more demand.

  • @Hasoyeon
    @Hasoyeon 3 дня назад

    I’m glad I had the opportunity to learn more about poverty through this video. I now understand why it's so hard to escape poverty and why the cycle persists. I hope many people take the time to think about these issues and work towards solving them. I truly wish that more people watch this.

  • @pristeenlaceda189
    @pristeenlaceda189 2 года назад +67

    I'm not an economist but I can imagine this in my country which is considered a "developing" country. Despite the basic minimum wage increases over the years, there are still many poor people. It's going to remain the same if along with the increase in salary, prices of basic necessities and commodities also continuously increase. The most effective way, I think, is by upgrading education and destroying corruption and cartels. People can then have better access to their needs if the prices can be lowered and people can grow their own sources of income.

    • @phelhadsu4080
      @phelhadsu4080 2 года назад +7

      This is possible if humans are not selfish in nature. Sadly, there are only few people who fought against the selfish act. I hope to live to see the day when poverty does not exist anymore.

    • @shauncameron8390
      @shauncameron8390 2 года назад

      @@phelhadsu4080
      Too bad they happened to be selfish themselves.

  • @gurugulabkhatri6303
    @gurugulabkhatri6303 2 года назад +34

    It's not hard to escape poverty, but one generation has to make sacrifices, so the another generation can lift off the burden of poorness, my grandfather is the hero of my family, he worked so hard and takes risk in his life he barely took vacations the man never fulfill his personal hobbies and dreams, he likes traveling so much but always skip because he wanted to work more, by the time of his death we were prosperous, still are, it is the blessings of my grandpa, he inspired me to work so hard so i can buy my favorite house and favorite car, or anything, focus and belief is important in life

    • @Cleeon
      @Cleeon Год назад +4

      I'm understand, but not all son is like you and not all grandkids is a good one, how if the sacrifice from a generation, abused by the next generation?

  • @MegaSnail1
    @MegaSnail1 2 года назад +45

    As an educator my goal has always been to empower my students. When there is a safety net that insures survival , I believe that's when you see the release of the highest amount of human potential. Thank you for the exploration of this topic, Be well.

    • @lyndsaybrown8471
      @lyndsaybrown8471 2 года назад +4

      Agree. The idea that people won't work as long as they have food and shelter is a myth. The best workers are always the ones who are there for more than a paycheck. If anything, people only chasing money make the system inefficient since they are more likely to only make an appearance and not an actual effort.

  • @BrendaFosterMedia
    @BrendaFosterMedia 7 месяцев назад +7

    I remember I decided I was gonna be self-sufficient. I walked away from a stable life on section -8 and food stamps but I worked. I've basically been homeless ever since. That was 20 years ago. I'm still homeless. Becoming self-sufficient is harder than you know. Especially if you were never given the tools and values to fight for a better life.
    It's nobody's fault, but a little encouragement helps. I even came up with a solution to my poverty but don't have the wherewithal to apply it to my life.
    Finally, I've reached early retirement age. I have a financial foundation but will still live beneath the poverty line. However, I have also learned that the Good Life is an attitude. Nevertheless, everyone who works should be able to make ends meet with something leftover to enjoy life!

    • @4ytube
      @4ytube 5 месяцев назад

      In what country do you live in

    • @KimmieNoel
      @KimmieNoel 5 месяцев назад

      😢

    • @DavidLockett-x4b
      @DavidLockett-x4b 21 день назад

      Women are hopeless without a real man to do everything for them.

  • @YoYo-gt5iq
    @YoYo-gt5iq 2 года назад +40

    I left the military at 26 and started getting $1200 a month. It helped me go to school on the old GI Bill that wasn't so good, and then I got my degree and started a professional job, but the pay wasn't great. However, I still got the money to supplement the cheap employers, and then tried a few things before landing the right job and now make over $100k while receiving another $25k in VA pension income.

    • @camerokid78
      @camerokid78 Год назад +6

      See this exactly why UBI would be so successful.

    • @iloveisrael2943
      @iloveisrael2943 Год назад

      ​​​@@camerokid78hello sir hope you could help me on my dog.. i need someone to help my dog he is sick and i cant buy all the needs for is medications.. hope you can help me im from 🇵🇭

    • @iloveisrael2943
      @iloveisrael2943 Год назад

      ​​​@camerokid78e hello sir hope you could help me on my dog.. i need someone to help my dog he is sick and i cant buy all the needs for is medications.. hope you can help me im from 🇵🇭

    • @YoYo-gt5iq
      @YoYo-gt5iq 7 месяцев назад

      ​@@camerokid78
      100%. I volunteered on the Andrew Yang campaign for President. He had a lot of good ideas, bit I was living proof that people benefit their communities by having an income regardless of if they work.

  • @theonewhowatches44
    @theonewhowatches44 2 года назад +82

    Meanwhile: a random girl on tiktok outsmarting the whole world by saying 'if you are homeless, just buy a house'
    She's a legend for that one

    • @KouNagai
      @KouNagai 2 года назад +1

      İndeed

    • @erdniealinik
      @erdniealinik 2 года назад

      @@KouNagai İ? ğ

    • @karungichloe6399
      @karungichloe6399 2 года назад +4

      In Maria Antoinette's voice

    • @supreemcourt9181
      @supreemcourt9181 2 года назад

      Those same girls are dancing their way into millionns $$.
      the system is broken lol

    • @hanalala3164
      @hanalala3164 2 года назад

      @@supreemcourt9181 nah plenty gals who make $0 in tiktok and pron, youre only looking at the few successful ones

  • @21quynhnhunguyenthi65
    @21quynhnhunguyenthi65 2 года назад +40

    This video gives me so many thoughts , Born in a poor family teaches me how to use my money properly and learn how to escape the poverty , but somehow we can't run away from it , at least now due to some reasons. Most of them are social benefits provided to working families and yes, both my parents are blue workers so they don't receive any Government's supplies

    • @jacksquadreturns7827
      @jacksquadreturns7827 2 года назад +6

      same man 21 yo and i see my friends from better off families moving foward in life like its some video game. I asked one friend what hes doing during covid lockdown and he stated like 8 cources he was taking to improve his chances of getting a certain job. Meanwhile I thought everyone was at home doing nothing. Something about well off families is that they always force their kids into something that gives them advantage over others later in life.
      Im not sure how I can compete with someone like that in the job market.

    • @21quynhnhunguyenthi65
      @21quynhnhunguyenthi65 2 года назад +4

      @@jacksquadreturns7827 yeah I have to admit that there is a big gap between wealthy families and low-income families. The most important and possible thing we have to do now is focus on our own talents, improve our abilities. Eventually we won't rely on anyone for survival

    • @Cleeon
      @Cleeon Год назад +1

      We must be honest, one different factor which affects much is about capital.
      Someone who have idea and have capital for it, can make it soon.
      Different with someone who have idea, but don't have capital yet

    • @DavidLockett-x4b
      @DavidLockett-x4b 21 день назад

      I was born poor, am now rich and still wear the blue collar with pride.

    • @DavidLockett-x4b
      @DavidLockett-x4b 21 день назад

      @@21quynhnhunguyenthi65 Be like the Amish and rely on no one else other than yourself and God. God gave you life, so go and live it.

  • @PinkYellowGreen2023
    @PinkYellowGreen2023 Год назад +18

    As a registered nurse with almost two master's degrees, its amazing how I'm having difficulty finding a quality job in any field in this country. Ive done the work to beat poverty....someone is interferring with my ability to work.

    • @floriandc5695
      @floriandc5695 Год назад +1

      That someone is the one staring you back in the mirror

    • @dostuffchannel
      @dostuffchannel Год назад +4

      ​@@floriandc5695Maybe, but maybe not. It's easy for society to blame the individual without first looking at the larger picture. If the system of education and socialization is a machine, we are its products. To understand what the machine is programmed to create we merely need to analyze ourselves.

    • @Hajiazaimani
      @Hajiazaimani 7 месяцев назад

      Try the VA hospital

    • @DavidLockett-x4b
      @DavidLockett-x4b 21 день назад

      Under the circumstances, I would suggest that you get out from under those circumstances.

  • @TomMcMorrow
    @TomMcMorrow 2 года назад +262

    I went from unemployed for nearly 3.5 years to my first very well paying full time job in finance this past year.
    I don't know what I would've done without my parents help. Nobody has over 3 years of living expenses saved.

    • @helloworld1539
      @helloworld1539 2 года назад +2

      What did your parents do to help you?

    • @TomMcMorrow
      @TomMcMorrow 2 года назад +46

      @@helloworld1539 Thanks for asking!
      They paid for my college degree so I had no debt, bought me a condo so I have no mortgage and supported me while I looked for a job so I incurred no expenses or debt.

    • @solodolotrevino
      @solodolotrevino 2 года назад +25

      @@TomMcMorrowthat’s how it has to be done unfortunately. I’m still stuck at home trying to figure out how to afford a basic living on my own. Like that’s all I’ve wanted. To have a job that supports my basic needs and a place for my dog and I. If your parents can’t help, you’re out of luck.

    • @andregranado4107
      @andregranado4107 2 года назад +4

      I do lol. I mean if you live in the US if you didn't have a job it's likely due to choice. Probably you were only being picky and only wanting fancy jobs. Walmart, amazon etc are always hiring

    • @jackprescott9652
      @jackprescott9652 2 года назад +18

      @@TomMcMorrow Well, your spent 3 years without a job only because your parents were helping you. If you were like the rest of us, without wealthy parents, you would have a job, any kind of job, in just 3 months believe me.

  • @mj4andrea
    @mj4andrea 2 года назад +251

    It is really impressive that you were able to deftly avoid saying the word "capitalism" once during this video, and frame the entire issue as related to government benefits. "Hmmm, people who work don't earn enough money to survive and do better on the measly welfare offered by the State? Can't be the fault of their kind hearted employers, must be a problem with welfare."

    • @gale_poot
      @gale_poot 2 года назад +14

      THIS

    • @DKP_CR
      @DKP_CR 2 года назад +2

      So communism is better for you?

    • @AnimMouse
      @AnimMouse 2 года назад +2

      Let's increase competition.

    • @qnasterify
      @qnasterify 2 года назад +42

      YES! Had to scroll through sooo many comments before finding one that points out a very obvious problem: empoyers not paying enough. Livable vages!

    • @henriquecarlos_
      @henriquecarlos_ 2 года назад +1

      Some things just don't work out like this, life is a jungle.

  • @meejinhuang
    @meejinhuang 2 года назад +100

    The US has to lower the cost of higher education. As its costs go up, the education gap goes up and the wealth gap widens. This is what is happening in the US and what has happened in Latin America.

    • @LLlap
      @LLlap 2 года назад +3

      What we need is more professors of Latin and Women Studies! Then everyone would be rich!

    • @williamburton757
      @williamburton757 2 года назад +15

      No, people need to understand that they don't need a 4 year degree to do well - Many of our most accessible and best paying jobs are in the trades. Many people in the trades make significantly more than those with 4 year degrees... and if we stopped telling kids that they absolutely must go to university to be successful, the demand for universities would drop, and the price of attending naturally would as well.
      It all starts with the lie, which you are repeating, that getting a college degree is a necessity. It's not.

    • @___Anakin.Skywalker
      @___Anakin.Skywalker 2 года назад +5

      No, because you're going to make schools poor, teachers will leave, facilities will break downs, security will deteriorate, etc. There's a whole lot of economics that's going on

    • @myouniverse0613
      @myouniverse0613 2 года назад +1

      @@___Anakin.Skywalker Teachers won't leave if they have nowhere else to go.

    • @giovannipeggio5071
      @giovannipeggio5071 2 года назад

      @@___Anakin.Skywalker if you see in Germany higher education is almost free, in italy the richer pay more in universities, the poorest can ask subsidies from the government and mantein them trought good accademic results. this way a lot of people could get a good degree. Or there are high schools made to prepare yourself to get a good work, and are free. The only problem is that people with a degree go away from Italy because in their early years they earn less than in other EU countries

  • @cjxgraphics
    @cjxgraphics Год назад +25

    My concern with a UBI is that we would have to make sure people didn't just raise rent and prices to match.
    For instance, my mother is on disability, social security, and lives in government housing. Every time she gets an increase in those benefits, her rent goes up to match. Add to that, since she has "more income", the amount of food stamps she receives goes down. It's a losing game.

    • @ethorii
      @ethorii 7 месяцев назад +2

      That's exactly right. Ive thought this for years. Everything got more expensive when the average household had two incomes. More money will be taken from us by higher prices. No one (except you) talks about this.

    • @thebravedave
      @thebravedave 7 месяцев назад +3

      Obviously they would. UBI would lead to massive inflation and it's a bad idea in general

    • @AaryanSajwani
      @AaryanSajwani 26 дней назад

      @@thebravedave It depends on how it's funded - if it's through taxes, then it's not new money being introduced into the economy, it's just a re-distribution of it. It could lead to some minor inflation, because those with less means tend to spend more than save for obvious reasons, but this increase in demand would be primarily offset by the increase in taxes (presumably on wealthier people)

  • @huonghayley
    @huonghayley 2 года назад +23

    That every Ted vid comes with a different animation style is mind blowing.

    • @willhay6148
      @willhay6148 2 года назад +2

      The giant penguin style!

    • @raen984
      @raen984 2 года назад +2

      In reality it is less mind-blowing than the alternative, since it shows that it’s not the same people working 24/7 on all these videos, but rather different groups and people from different places, which makes ted-ed a lot more feasible and manageable in terms of production.

  • @evamg21
    @evamg21 2 года назад +19

    I remember a friend in Germany, she was given a student loan by the government and had it bad enough to be qualified for the maximum amount. We both worked at the same tech company the maximum allowed hours (just 15h per week for me and 5 for her, the job paid really well and you earn more you'll lose your student status and not be eligible for benefits. I could work/earn more because I'm from a different country with higher thresholds). At the end we were both given a *really* nice bonus for our work. About a months worth of rent. And my friend had to turn it down, because it was above her annual threshold. Luckily we were able to work around the system a bit. It was close to new years and so they switched her last day of work to the first of january. But if that hadn't been the case she would just have lost the money.
    Also loosing student status is really bad. Because then you are no longer insured via your parents and no longer eligible for student tariffs with public transport, various entrance fees (museums, cinema, sports, ...) or student homes.
    The maximum monthly income for students in Germany is 450€. The average rent 350€-530€ (where we studied). So unless you are eligible for student credit or have parents helping you out you are in trouble.
    In comparison my maximum monthly income for students was 1250€ (Austria). Average rent is about the same in my home country. And in my country you aren't given a government credit, but a stipend, so no requirement to pay it back. Plus extra payment if your marks are great.
    Neighboring countries and yet such different approaches

  • @importantname
    @importantname 2 года назад +92

    working harder and longer is rarely the secret to success, though successful people claim that it is.

    • @Ninjaananas
      @Ninjaananas 2 года назад +30

      They say that so people keep working instead of them.

    • @N0noy1989
      @N0noy1989 2 года назад +20

      Yep. Poorer people usually work harder and longer than well off people just to survive.

    • @marlonmoncrieffe0728
      @marlonmoncrieffe0728 2 года назад +1

      @@N0noy1989 That is incorrect.

    • @karlospatagonia5133
      @karlospatagonia5133 2 года назад +2

      Working smarter is the secret to success

  • @ellhayrapetyan
    @ellhayrapetyan 11 дней назад +1

    This video explains why it’s so hard to get out of poverty. It shows that sometimes, when people start earning a little more money, they lose access to government help even though they still need it. This can leave them worse off, even though they’re working. The video suggests making benefit programs more flexible so people can actually get ahead without losing support too soon.

  • @kekedream
    @kekedream 2 года назад +176

    As a disabled worker on benefits (before covid took my job) I can attest how accurate this video is. With my warnings between $10-$13/hr I realized I could've made more from benefits had I just accepted my disability and stayed out of the work force- I likely earned only a mere $100 more a month than if I'd not worked- but I stuck to it for the measly lure of refund checks during tax time and whatever pitiful bonuses (i.e. vacation pay, Christmas bonus, etc) I could get from my employer. At the end of the day working hardly kept me out of poverty but at least it gave me a chance to build some type of work history, get out of the grungy apartment I'm stuck in and make a little more dough- emphasis on LITTLE. Capitalism as it is sucks.

    • @DiaJasin
      @DiaJasin 2 года назад

      And I'm dead and my corpse isn't making bank while I watch it from the afterlife so capitalism sucks!

    • @MisterUrbanWorld
      @MisterUrbanWorld Год назад +4

      It's time to get married so you can double your income.

    • @mourne4899
      @mourne4899 11 месяцев назад +1

      @@MisterUrbanWorlddisabled people lose a lot of their rights when they get married unfortunately

  • @RudieObias
    @RudieObias 2 года назад +103

    I was in deep poverty for two years between 2011-2013 in NYC. If it wasn't for government subsidies like unemployment, food stamps, welfare, medicaid, and others, I wouldn't be in the position I am now making six figures. I'm convinced I would've been stuck as "working poor," if I didn't have the time and training to pursue higher paying careers during that time period.

    • @ama2065
      @ama2065 2 года назад +2

      What's your position?

    • @RudieObias
      @RudieObias 2 года назад +14

      @@ama2065 I work in commerce for a large internet and media company.

    • @ovh992
      @ovh992 2 года назад +15

      The key to escaping poverty is education and training for much higher paying jobs.

    • @ovh992
      @ovh992 2 года назад +7

      @barutaji i disagree. The idea that there will be a large base of poor is absurd. Once you have your education or training, you are able to work for yourself. The minimum wage is irrelevant because you are working for yourself. Look at all the uneducated buffoons who started their own youtube chanels to much financial success. The one thing the minumum wage workers have in common is poor education / no training.

    • @marlonmoncrieffe0728
      @marlonmoncrieffe0728 2 года назад +5

      @barutaji ...So there is no 'collective' escape. Good. Collectivism has created nothing but a world of trouble-from across the Soviet Union to Cuba to China and North Korea.
      Those jobs? WHAT jobs exactly?
      As opposed to a society based on WHAT?

  • @Matthew_Murray
    @Matthew_Murray 7 месяцев назад +3

    Having assistance slowly phase out as income increases makes the most sense to me. It is honestly insane that you can be in poverty 1 second getting assistance barely getting by and then get a mere $0.20 raise and all of a sudden you make too much and all that assistance is gone leaving you in a worst spot.

  • @francomartini4328
    @francomartini4328 Год назад +75

    One thing that is generally ignored, swept under the rug, or not taken into consideration, is that benefits to the working poor are not so much a means of getting people back into the workforce as a means of subsidizing the rich by forcing the poor to accept starvation wages instead of forcing employers to pay First World wages in the First World countries where they make their money.

  • @WowUsernameAvailable
    @WowUsernameAvailable 2 года назад +48

    The imagery used in this video is really powerful. Drawing human figures as these oversized penguin-like creatures emphasises both helplessness and the heartlessness of the system; and the scene where the human piggy bank is ready to take a hammer to itself could be Banksy graffiti.

    • @sriku1000
      @sriku1000 2 года назад

      Is this the legacy you leave behind?? ruclips.net/video/S5f5zKsN1DE/видео.html A great watch!!

  • @i2harry
    @i2harry 2 года назад +13

    With universal basic income, corporate housing will simply raise the rent since now everyone have more money. You seen this in student loan: when the government started provide more accessible student loans, tuitions in higher education skyrocketed. Part time job during college used to pay the bill; now, you can barely afford textbooks.

  • @akiyamada2306
    @akiyamada2306 2 года назад +153

    I think we could break the cycle of poverty if we address ableism and the insane mass accumulation of wealth and resources certain individuals have because of inhumane unethical practices built on exploitation. Just saying. There is no "working out of poverty" when you can't work...you are left to die.

    • @sambass1981
      @sambass1981 2 года назад +2

      This comment is so underrated

    • @chad8519
      @chad8519 2 года назад +5

      The thing is that we have to shift our values/perception and really see the elite for what they really are: addicts to power and money and that kind of addiction is blatantly destructive. If we saw them as no different as the crackhead in the sketchy part of your town then maybe we can start developing class consciousness

    • @PHanomaly
      @PHanomaly 2 года назад

      There is disability and soc security benefits in the US for disabled people.

    • @mzy10511
      @mzy10511 2 года назад +1

      ​@@PHanomaly Theres a difference between action and effective action. I can scoop sand once a day and say im building a sandcastle.
      However... society does dictate what is humane and what is not... so its ultimately a difference of opinion whether 1. They should even be kept alive through our support 2. We extend their life but they are doomed to live it out meaninglessly 3. We implement a system that enables and encourages them to make the most out of their lives, despite their disability.

    • @spaceygnat19908
      @spaceygnat19908 2 года назад +2

      funny how every time i hear this not a single name it brought up like who is this mystery man that is hording the wealth?

  • @Excuseurose
    @Excuseurose 9 месяцев назад +80

    There is no escaping poverty it’s designed that way to make simple minded people stay stuck. Only way out is to educate ourselves to break the cycle. Still very difficult to do when trying to stay motivated while stressed at the same time

    • @CMV314
      @CMV314 6 месяцев назад

      Not true. Lots of people escape poverty.

    • @CMV314
      @CMV314 6 месяцев назад

      @Nkmusiclast I grew up poor and now I make six figures.

    • @unityforall-md4fl
      @unityforall-md4fl 6 месяцев назад +1

      Poverty is deeply rooted in Level 1 bias, which not only limits access to external wealth and support but also shapes our worldview, goals, values, and emotional intelligence. The narrow windows of childhood development have a lasting impact, influencing our unconscious minds and perpetuating cycles of poverty. While external support is essential, it's equally crucial to address the underlying Level 1 bias that dictates our thoughts, behaviors, and opportunities. Breaking free from these limitations requires recognizing and challenging our internalized beliefs and biases, allowing us to truly overcome poverty and achieve sustainable growth.
      Poverty is a complex issue that goes beyond just external circumstances. Level 1 bias, shaped by early childhood experiences, can perpetuate limiting beliefs, values, and emotional patterns that hinder individuals and communities from achieving their full potential. Addressing these underlying biases is crucial for sustainable progress and breaking cycles of poverty.

    • @dysplasiaanaplasia4128
      @dysplasiaanaplasia4128 5 месяцев назад +1

      Your mindset will keep you poor.

    • @IbarraAlejandro
      @IbarraAlejandro 5 месяцев назад

      ​@dysplasiaanaplasia4128 Not mindset lol iIt all depends on the country and how many opportunities you have too and who is willing to help? 😅😅 also it depends if you went to school and graduated (education) have experience working etc..

  • @marcelroman2005
    @marcelroman2005 2 года назад +89

    0:06 no need to imagine

  • @cjbgeneraux5358
    @cjbgeneraux5358 Год назад +35

    First thing’s first from the first 38 seconds: this video assumes that people in abject poverty have access to these government programs.

  • @desi_bhai_
    @desi_bhai_ 2 года назад +82

    welfare programs should be reduced like a spectrum with more earning, the more you earn the less welfare, there shouldn't be a limit.
    and people should have access to free education and medical services.

    • @BobaDavis
      @BobaDavis 2 года назад +3

      There's no such thing as "free education" and "free healthcare" - the cost always comes from somewhere.

    • @ImCurrentlyNaked
      @ImCurrentlyNaked 2 года назад +2

      This is actually a fairly decent idea. A universal income based on the receiver's income. However the big issue is incentivising people to work if their needs are meet, because while many brush that off as an unrealistic concern, it is very much a real issue in countries with decent benefit programs (and in the small test samples mentioned in the video, this was a noticeable problem as well, as people put off finding work to do things they liked). There'd need to be a government body that checks to see that those who are not currently working, are applying to jobs, or studying, or risk being jailed/losing the government income.

    • @desi_bhai_
      @desi_bhai_ 2 года назад +3

      @@BobaDavis it is free if you know about debt based economy, its literally taking loan from self and never paying back, every government utilizes this method, and rich being taxed in percentage, have to pay more tax, also solves problem of wealth concentration.
      welfare is literally rich people donating money to poor but indirectly

    • @Rocky13Ray
      @Rocky13Ray 2 года назад +1

      Then you pay for it communist. They shouldn't get ANYTHING. Tf? All that costs money and unless you want to steal it, you pay for it. Pple already have acess, this isnt india.

    • @Rocky13Ray
      @Rocky13Ray 2 года назад +1

      @@ImCurrentlyNaked no,get a job ya bum

  • @김민규-o7y3c
    @김민규-o7y3c 4 дня назад

    This video taught me a lot about things I didn’t know. While I haven’t experienced poverty personally, I realized that I could face such a situation in the future. I believe everyone who watches this video might have similar thoughts, or perhaps some have already experienced it. I hope more people become aware of those facing these challenges and show greater interest and empathy toward them.

  • @sunrevolver
    @sunrevolver Год назад +5

    In order to move up rank, you need to play a really tough game called "the gamble of your life" with everything you have at stakes.

  • @AliceP.
    @AliceP. Год назад +9

    Add to the mix: all the media newspieces about some really poor boy somewhere who studied under a lamppost after, I don't know, a tsunami took his house, and managed a great position in some company or public service... And then all the very comfortable high/middle class people watching that on TV and deciding that every poor person no matter what should be exactly like him.

    • @pucie_boi
      @pucie_boi 7 месяцев назад +1

      To an extent yea. I was born into poverty and neglect but I joined the army as soon as I turned 18, used my college money to be the first person in my family to go to college, got a masters degree and now I'm upper middle class. It was a grind for sure that took quite a bit of consistent work and discipline... but being poor was a grind too, a worse grind actually. I used to not have food... now I spend like $350 on a typical Friday night dinner at some the more high end restaurants where I live. So yea, I think a lot of people have the potential to get out as well like I did... In fact, I think education is one of the only ways out.

    • @AliceP.
      @AliceP. 7 месяцев назад +2

      @pucie_boi Congratulations on your hard work and obstination. My father has a similar life story and he's in the military too. However growing up poor can look like anything under the sun. My point is that it's cruel to take an example of a person who succeed in adversity (including our own) and apply to everyone else in that very large group where lack of money was a common factor

  • @Rich.3938
    @Rich.3938 2 года назад +19

    I was a teenager looking for a sumner job and my mom was very worried about that idea. It wasnt that she didnt want me to work, but it was because it would mess up our health insurance. Any money I gained would go to buying back the insurance we had when I wasnt working. Something has to change.

    • @liam78587
      @liam78587 7 месяцев назад +1

      your name makes it better lol

  • @davidmurariu9068
    @davidmurariu9068 29 дней назад +1

    This video should be seen by the people in the government!

  • @JamesTyreeII
    @JamesTyreeII 2 года назад +79

    Wages must rise! In 2022, had the minimum wage kept up with inflation since 1979, the minimum wage today would be $34 an hour. The skyrocketing cost of healthcare, which bankrupt many people even though they have health insurance, secondary education, and housing, especially on the west and east coast of the United States, and the fact that wages have been stagnant and that the rich have been funneling wealth to themselves at the expense of everybody else and now CEOs earn 300 times what their average employees are in when it used to be only 20 times in the late 70s, means that the rich are getting richer and everybody else is falling into poverty. We must push back against the lies by the rich of trickle down economics and push back against their propaganda networks on Fox. I don’t think that a universal basic income should be given to people who are earning over $100,000 a year because they don’t need it. If they fall below $50,000 a year in income, then they can apply to get a universal basic income until they are able to earn a living wage again.

    • @louvendran7273
      @louvendran7273 2 года назад +11

      Totally agree. Lobbyists scammed society via predatory capitalistic propaganda re-enforced by Reagan and Thatcher. We haven't fought back since, in a collective manner to undo their mess.

    • @JamesTyreeII
      @JamesTyreeII 2 года назад +9

      @@louvendran7273 They have kept so many of us so busy scrambling just to be able to pay our bills and then we are so exhausted and so demoralized, that we don’t bother fighting that they win

    • @Harrison.DuRant
      @Harrison.DuRant 2 года назад +7

      I agree it needs to go up. Just keep in mind that when it does go up, so do the prices of everything else due to inflation, so for a little while things look great, but then those people are right back where they started. No one should be forced to live off minimum wage. It should be reserved for dependants as a basic source or supplemental family income.

    • @Thunderbird68-i2f
      @Thunderbird68-i2f 2 года назад +2

      @@Harrison.DuRant That's exactly what happened to the province of Ontario during the last 5 years when minimum wage went up twice as a re-election scheme. Prices soared everywhere, small businesses closed as they couldn't afford the increase in wages, and welfare disqualifications increased as a means to save on government coffers.

    • @JamesTyreeII
      @JamesTyreeII 2 года назад +3

      @@Harrison.DuRant The price increase will be minimal and not nearly as high as what some people would have others believe

  • @woocheongan1437
    @woocheongan1437 2 года назад +12

    Because of the epidemic, many people have experienced unemployment and employment difficulties. This situation has also happened to me, but I hope everyone can maintain a positive attitude and continue to work hard in the harsh environment.

  • @jurskyap
    @jurskyap 2 года назад +20

    Two sides to this.
    One: people who believe that a person should receive more reward for more work.
    Second: everyone should receive a livable wage no matter the work for humanitarian reasons.
    Quite frankly it's a tough decision. I understand both situations and wish both could somehow exist side by side. Yet, we live in an imperfect world. I think there will never be one answer as people are complex, non uniform beings. Some dont want to be on poverty aids while others love the idea of free money. It's a situation that has no perfect answer. To tell the truth, I favor the system where you have a choice. People deserve choice. So if we can find a way to get people above poverty without eliminating their options that would be best.

  • @Nyx-lo9sj
    @Nyx-lo9sj Год назад +28

    I think that’s an excellent idea to continue the benefits for 1-2 years after someone has found a job. People need to have a boost and have all their basic needs met before they can stand on their own!

    • @Fralecreations
      @Fralecreations 10 месяцев назад

      Yes, it would be fair to keep the benefits until the beneficiary earns a permanent job position, but this would mean that employers must pay more taxes on precarious employment contracts and that these contracts must be tured into permanent by law within the financial year, otherwise they will keep the turnover to give 3rd world payslips to employees because they can rely on benefits that we all pay.

    • @allwhatilove914
      @allwhatilove914 9 месяцев назад

      And after the 2 years pass they would quit so that they would start having it again for other 2 years. You guys talk like if people were good and with principles. Check the stores in California after stealing stopped being a crime.

  • @mathiasgadeyt
    @mathiasgadeyt Год назад +18

    Most people end up in the same social class they grew up in

    • @Prateek-dw4ng
      @Prateek-dw4ng 4 месяца назад

      @sandponics lucky then

    • @katpsps
      @katpsps 4 месяца назад

      I'm 30 & still poor

  • @reggiep75
    @reggiep75 2 года назад +37

    Sadly, the powers that be designed the system that way - let them get ahead and then take more so they fall behind. Employers need to pay a living wage, not a survival wage, and the system needs to stop punishing those at risk of being in the trap *FOREVER!*

  • @RichardHannay
    @RichardHannay 2 года назад +15

    It’s so easy to get into poverty but so hard to get out of it.

  • @morganpitcher7752
    @morganpitcher7752 Год назад +23

    Bless the economists championing these income floor models, often called universal income. We have heard so much about glass ceilings, rarely hear mention of the floor.
    The animation is so honest and refreshing. Thank you to who made this!! We must end the vicious cycle of poverty traps.

    • @Niglnws
      @Niglnws Год назад

      Universal income appears somehow in developing schools or its systems, hospitals, roads or increasing qualities.
      The problem is when the country cant develop in its competition with other countries along with a population growth.

    • @nathangaspacio6128
      @nathangaspacio6128 Год назад

      I don't quite understand universal income. Is it literally just the same income for everyone? That sounds like communism. i'm sure it is not communism I just don't understand it so if you could explain it I would appreciate it.

    • @thing_under_the_stairs
      @thing_under_the_stairs Год назад

      @@nathangaspacio6128 Think of the world shown in Star Trek, where nobody is poor, homeless, or hungry, but has the opportunity to work for the sake of their own ambitions and interests. That's what life could be like with a universal basic income.

    • @nathangaspacio6128
      @nathangaspacio6128 Год назад

      @@thing_under_the_stairs So is it just everyone gets paid the exact same?

    • @mrvespuccia.k.ameganite1747
      @mrvespuccia.k.ameganite1747 11 месяцев назад

      @@nathangaspacio6128 not really, communism is a system where the government owns the means of productions and universal income isn't required for it to exist. Basically Universal basic income that the is the idea that government hands a paycheck to everyone in the country that covers basic needs such as bills and rent. However when it comes to work not everyone is payed exactly the same wage for every single job, it just means that the government gives the people enough money to survive the bare minimum.

  • @astrojazzman
    @astrojazzman 2 года назад +67

    When you live in a poor neighborhood, you are living in an area where you have poor schools. When you have poor schools, you have poor teachers. When you have poor teachers, you get a poor education. When you get a poor education, you can only work in a poor-paying job. And that poor-paying job enables you to live again in a poor neighborhood. So, it's a very vicious cycle - Malcolm X ✊

    • @ricardo_sarmiento
      @ricardo_sarmiento 2 года назад +6

      I agree, and it's really difficult to escape from that cycle. I talk for what I see, I live in a third world country and for example, I see people that have to work like really hard, but only to pay debts (food, education, etc) because the money they earn it's not enough for anything else. I also see people that have parents with money and they don't struggle at all, because in the first place they get better education, eat better food, get better healthcare, so in every sense they can develop better, and then if they want to open a business they don't have to go to a bank to ask for money, they just start making money from the beginning. It's about to be lucky enough to have been born in a good house

    • @myouniverse0613
      @myouniverse0613 2 года назад +3

      Exactly. I thought this was the cycle Ted-Ed was referring to in the title, but apparently not.

  • @aliz.5305
    @aliz.5305 2 года назад +27

    I remember when I had finally gotten a job that offered me more money. Employers had been paying me just above minimum wage despite the fact I was working in a professional field. That year, I not only lost assistance that helped me pay for daycare and food, but I had to start paying for health insurance so I was worse off than when I made less money per hour with no benefits. I lived this way for almost 5 years until I finally went up again in my income and got married (which helped me with daycare and the cost of living). During those years, I was always 1 paycheck away from eviction and had to skip on bills in order to buy food. It was the first time I had ever considered earning money through illegitimate means and possibly stripping just to buy Christmas and birthday presents. The only thing I learned from those days was how hard and unfair life can be and how cruel humans are.

    • @misspriss2482
      @misspriss2482 2 года назад +5

      This is so many women I know. The raise isn't worth it because it makes them ineligible for daycare assistance, which they then have to start paying for out of pocket. They either end up having to quit or ask their employer for a pay decrease. SMDH. Some of these politicians should have to live off of what they give people for a few months and see how it is.

  • @Jack-wm1zq
    @Jack-wm1zq Год назад +20

    We can start by growing fruit trees in public spaces and the edges of our property along foot paths and roads so that everyone can benefit. That was one original version of universal income and it still exists in some places.

  • @jovane486
    @jovane486 Год назад +5

    Your childhood to teenage experience will have a huge contribution in your future, if you live in a poor and abusive environment you will become traumatized when you reach adulthood making you unable to succeed in life and high chance that you will fall into a depression that leads to poor health, poor health leads to poverty.

  • @leoklis1176
    @leoklis1176 2 года назад +28

    It's interesting that the idea of making companies pay a decent income to the workers hasn't barely being touched

    • @joanyraquel
      @joanyraquel 2 года назад +10

      Instead, companies pay below the threshold so that you can keep getting government subsidies while working for them, so the taxes paid by the working class in the USA is what is paying part of the salaries of the employees from those multi-billion $$ companies. Making companies pay a living wage apparently is an impossible ask, similar to how it sounded impossible to abolish slavery.

    • @rebeccaa.3121
      @rebeccaa.3121 2 года назад

      @@joanyraquel The working class is paying itself.

    • @TheSwedishHistorian
      @TheSwedishHistorian 2 года назад +1

      minimum wage laws doesn’t really work that well

  • @rtarade1
    @rtarade1 2 года назад +10

    2:33 this frame broke my heart

  • @christianrodriguez-paz224
    @christianrodriguez-paz224 2 года назад +8

    i’m considered youth in Los Angeles and experiencing homelessness and there’s no help as of right now. Over 400+ places (including government officials) have let me know that nothings open. i’m sharing because i’m actively contacting others for help but for example-someone without a cellphone is going to have an even harder time applying.

    • @hanalala3164
      @hanalala3164 2 года назад

      What about family?? No mom/dad? Grandparents? Aunts and uncs? D4mn

    • @hanalala3164
      @hanalala3164 2 года назад

      I also lost my job in the beginning of covid And my parents let me live in their basement for nearly a year until i managed to get a job again..

  • @hannahducscay
    @hannahducscay 9 дней назад +14

    I began my investment journey at the age of 27, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

    • @PeggyLammertSchuler
      @PeggyLammertSchuler 9 дней назад

      Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

    • @brunohudson889
      @brunohudson889 9 дней назад

      My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.

    • @Anthonyscarnavack
      @Anthonyscarnavack 9 дней назад

      wow that's stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

    • @ChenYuHan-jn3zj
      @ChenYuHan-jn3zj 9 дней назад

      It's been so rough for me trading on my own because I have had much losses. Think the real market is manipulated. Please can anyone help me out or tell me what I'm doing wrong

    • @AnnieCamille-g6l
      @AnnieCamille-g6l 9 дней назад

      As a beginner investor, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Mr Lucas S Chamberlain. A widely known cypto consultant

  • @Giga_Pudding
    @Giga_Pudding 2 года назад +23

    I was on welfare for a while and once I got a job my life became considerably more difficult, as I had then lost a lot of the benefits that came with being on welfare (less fees etc.). I knew a few people that simply refused to actually look for work because they didn't feel it was worth it, or simply believed that is wasn't worth their time, or too much of a risk regarding their financial stability.

    • @jasonjames4254
      @jasonjames4254 Год назад

      That's about the best argument anyone can make for reducing welfare benefits.

    • @Giga_Pudding
      @Giga_Pudding Год назад +5

      @@jasonjames4254 No... the point I'm making is that the cost of living has become so high that people have to cling to what they know will work -- regardless of whether it's sustainable long-term -- because finding a job (even a decent paying one) doesn't guarantee financial stability. There's no such thing as a welfare bludge.

    • @jasonjames4254
      @jasonjames4254 Год назад +1

      @@Giga_Pudding It is NOT true that the cost of living is higher now than for the Boomers for example. That is 100% urban myth! If you compare the Consumer Price Index of 1960 to now, you'll find that inflation adjusted prices overall are about the same. Inflation adjusted prices for housing are only about 10-30% higher when you factor in that the average house was 900 sf and is now over 2100 sf. When you adjust food for inflation, food is actually cheaper now than in 1960. Cars are twice as expensive but last 2 - 3 times as long and are far more reliable and use far less gas. Gas was about 31 cents a gallon in 1960 (about $3.41 in today's money). Clothing is actually cheaper now because it is imported from low wage countries. Nowadays, people spend lots of money on things that they don't actually need like cable TV and streaming services, expensive smart phones, fast food, processed foods, internet, etc. Yes, believe it or not, you can actually survive without internet in 2023. A cheap cellular plan with 5GB of data (enough for the basics) can be had for $15 a month which is far far cheaper than the inflation adjusted cost of a simple landline in 1960 (plus you paid through the nose for long distance). Before you can claim that things are more expensive now, you have to do an apples to apples comparison of the standard of living now compared to 1960. Trust me, people now live to a much higher standard than we did in the 1960's (even the poorest ones). Boarding houses and other shared living arrangements were common. Kids played with balls, bats, and jump ropes, not expensive gaming consoles. Many people were working 60 - 80 hours a week in the 1960's to make ends meet.

    • @Giga_Pudding
      @Giga_Pudding Год назад +8

      @@jasonjames4254 1. I'm not talking about the US; I'm Australian. 2. You are just flat-out wrong. My parents and grandparents were able to buy multiple homes before 30 and whatsmore, food etc. was of a much higher quality/larger size. 3. Smart phones are a necessity, especially for work these days as online work curriculum modules, online rosters, and online worker assistance make smart phones basically mandatory. It's not enough to simply have something like a Nokia. At the very least, you're looking at a basic internet plan and cheap smartphone (not all can run the required apps). 4. Boasting about people working their lives away with 40-80hr work weeks isn't the flex you think it is. 5. Hate to break it to you, but kids still play with toys and go to the park. Gaming is just now a very popular alternative. And even then, families shouldn't need to "make do" with their living conditions. We need to address corporate greed. 6. People are already living in shared housing. Most people rent and can't let more sub-letters in, and those who are lucky enough to own their own home shouldn't be forced to basically take in complete strangers either.
      How ever you want to argue it, sh*t for everyone has gotten real f'd, real quick. The housing crisis and cost of living crisis alone in my country has led to a spike in homelessness.

  • @lawerencemiller9720
    @lawerencemiller9720 Год назад +845

    Don't get me wrong, I know the economy is in shambles and in order to break even and make profit, we have to ride it out until stock recovery, but how are some folks in the same stock market as me still able to pull off substantial profits of as much as 650K within months, what am I doing wrong?

    • @alexyoung3126
      @alexyoung3126 Год назад +6

      You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

    • @kimyoung8414
      @kimyoung8414 Год назад +3

      who is the F/A guiding you?

    • @kimyoung8414
      @kimyoung8414 Год назад +3

      actually did look her up curiously and went through her credentials on her website…Top-notch! I wrote her an email, hopefully she’s accepting new intakes.

    • @lvpist
      @lvpist Год назад +23

      @@kimyoung8414 if you are reading this please STOP. THIS IS A SCAM. the comments and likes were made from bots. do not fall this.

    • @Slim-Richard
      @Slim-Richard Год назад +1

      Stocks are for rich. You need substantial amount of money to have enough gain. And luxury of not having to sell when stocks are low and you happen to need that money. And yet still you can loose some of it. Stock market is also about taking money from desperate people too.

  • @DameTryvHJ
    @DameTryvHJ 2 года назад +50

    This is a complex issue. Some states do bare minimum, especially the southern states. I am originally from Ohio and grew up on the system until age 11, however during that time my mother was able to escape poverty and find a middle income job with minimal education. I will give you an example of how bad it is, In Ohio the maximum unemployment you can get as a single person is 475 week and in Alabama is 275 week. Like what the heck is 275 gonna do? I could give plenty of other examples, but I digress. We need to have uniform programs across the nation and political stances should not be a factor in providing care in order for ppl to progress. The nation does bare minimum and act like they are doing great things. Like why are we the richest nation and yet do not have universal healthcare?

    • @Shazzyhtown
      @Shazzyhtown Год назад +2

      Surprised its even 275 in Alabama. Thought it would be lower. The South is the worst place to be on welfare. This is a region where they want folks working.

    • @NUELAMOAKOH
      @NUELAMOAKOH Год назад +5

      Cos good old boy US is spending all the dolla in wars and in other nations 😢

  • @jessies4075
    @jessies4075 Год назад +12

    Despite going to a trade school and gaining skills in my field, I still can barely make it. Was unemployed for months and now all my bills are really catching up. Been in this cycle for years and I'm starting to give up having a family or being comfortable.

    • @sarssars-hm2ox
      @sarssars-hm2ox 7 месяцев назад

      How are you going up?

    • @Amy-un6xg
      @Amy-un6xg 4 месяца назад

      Which trade were you trained in?