What I Learned from the Debate
With just five candidates at Tuesday’s Democratic primary debate, there was a lot of focus on the middle class and its problems.
Here is a breakdown of how many times key issues were mentioned:
- 4 Poverty
- 15 Economy
- 23 Wall Street
- 25 College
- 30 The Middle Class, Income Inequality and the Wealthy (combined)
What I am reminded of after watching this is that politicians never fix a family’s economics — ever.
The thing I learned is if you want to guarantee your family finances you must become a millionaire or billionaire — don’t depend on any politicians. The only one who can fix your problems is you.
For 100 years, politicians have promised to save the middle class — and nothing has happened, NOTHING. The middle class is dying and the only thing you should do is get OUT of it. A recent study found nearly half of Americans are saving no more than 5% of their income, and only one in five saving anything. A quarter of the middle class households are only saving about 15% of their income.
Look at this graph since 1917 and you will see that the only groups able to save any money are those int he top 10%.
Take control of your finances. Stop depending on the government.