Online installment loans have taken the subprime market by storm

Post by geggam » Tue, Oct 29, 2019, 4:20 PM UTC

CydeWeys wrote: post #69

geggam wrote: post #30

Earlier quoted context omitted.

Their family has that responsibility. I dont mind society creating allowances but the US has went too far and created barriers to small businesses with all of the disability requirements. I have many friends with small businesses that would like to start their own shop but the toilet requirement alone is almost 100k in up front cost. Ridiculous.

They don't, though. Once someone turns 18 they are legally no one's responsibility but their own self's.

Post by geggam » Tue, Oct 29, 2019, 4:21 PM UTC

SolaceQuantum wrote: post #44

geggam wrote: post #30

Earlier quoted context omitted.

Their family has that responsibility. I dont mind society creating allowances but the US has went too far and created barriers to small businesses with all of the disability requirements. I have many friends with small businesses that would like to start their own shop but the toilet requirement alone is almost 100k in up front cost. Ridiculous.

Ask not what the US can do for you, but what you can do for the US. Isn't this the exact same scenario you're claiming? Your friends should take personal responsibility instead of asking the government to bend to them. No? (I'm trying to understand your logic here and how it applies to multiple circumstances. I think they're incongruous here, but I don't understand why.)

Post by geggam » Tue, Oct 29, 2019, 4:23 PM UTC

chooseaname wrote: post #24

geggam wrote: post #9

Earlier quoted context omitted.

Disagree, You make the choices for life. Accept personal responsibility.

> Disagree, You make the choices for life. Accept personal responsibility. Most people do accept responsibility. This is the problem: >In the decade through 2018, average household incomes for those with a high school diploma have risen about 15%, to roughly $46,000, according to the latest U.S. Census Bureau data available. >Not only is that less than the 20% increase registered on a broad basket of goods over the s…

Post by alkonaut » Tue, Oct 29, 2019, 4:24 PM UTC

blhack wrote: post #59

philipov wrote: post #47

Earlier quoted context omitted.

> Instead we should be looking at ways to make it so that giant unpredicted expenses don’t happen at all. Or maybe fix it from the other end: reduce inequality so fewer people are living paycheck to paycheck and can actually build savings to use for unpredicted expenses.

I’m sorry but this is a ridiculous, unactionable answer that is functionally equivalent to “well we should make things better”. Yes of course we should, HOW? We need more innovative solutions to these problems. I like seeing electric bicycle shares, I like seeing community-based, high density housing with shared kitchens and bathrooms, I like predictive diagnostics and telemedicine (although the FDA is fighting it).

Post by gruez » Tue, Oct 29, 2019, 4:24 PM UTC

bryanlarsen wrote: post #71

mumblemumble wrote: post #56

Earlier quoted context omitted.

I don't want to tut-tut the poor, but I do want to tut-tut consumer culture in general. There are a whole lot of people who _should_ be able to afford an unexpected car repair bill, and could quite easily do so, if they weren't spending $100 a month on cable TV, $800 every other year on a high-end smartphone, $500/month on owning an SUV when a $200/mo economy car would serve just fine, etc., and put the money into a…

> $100 a month on cable TV given that the average American spends 4 hours/day watching TV[1], that's well under $1 per hour of entertainment. There aren't a lot of hobbies or entertainment media that are cheaper. 1: https://www.statista.com/statistics/186833/average-televisio...