U.S. counties with the highest annual savings potential

U.S. counties with the highest annual savings potential(interviewqs.com)

5 points by qwerty2020 8 years ago | 6 comments

api 8 years ago |

That's a terrifying map -- the vast majority of the USA is red as in "negative net savings on average."

qwerty2020 8 years ago | |

Yep - almost as scary as the stat that "40% of American adults can't cover a $400 emergency expense"[1]

[1] https://www.cnbc.com/2018/05/22/fed-survey-40-percent-of-adu...

api 8 years ago | | |

If something isn't done, the next populist demagogue will make Trump look like a kitten.

existencebox 8 years ago | |

I fixed on something different, actually.

The list of highest savings counties. Pretty much a 1:1 overlap with the govt. employee/contracting/military-intelligence corridor around DC.

I'll leave the extrapolation of what this may indicate to the reader.

api 8 years ago | | |

The inequality problem is much more complex than "government vs. capitalism." It's more like "the managerial class is taking too much rent." The managerial class includes the higher ranking bureaucratic class in government as well as overpaid corporate executives in public companies.

Basically it seems like the managers in our society figured out they could just give themselves raises and to hell with everything else.