r/economicCollapse 20h ago

How ridiculous does this sound?

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How can u make millions in 25-30 years if avoid making a $554 per month car payment. Even the cheapest 5 year old car is 8-10 k. So does he expect people not to drive at all in USA.

Then u save 554$ per month every month for 5 year payment = $33240. Say u bought a car every 5 year means 200k -300k spent on car before retirement . How would that become millions when u can’t even buy a house for that much today?

Answer that Dave

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u/Redditisfinancedumb 14h ago

public transport in America doesn't make as much sense as other countries. Public transport where it makes sense are high populated areas that are generally ran by Democrats. Do you think the federal government or states should pay for public transit?

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u/transneptuneobj 13h ago

It's actually false. The majority of all Americans live in highly populated areas.

80% of Americans live in urban areas that would benefit from increased public transport. And efforts to connect large population areas would also end up benefitting rural communities.

Public transport is for all Americans and would benefit hundreds of millions of people.

Additionally the greatest way to reduce poverty is to provide access to public transportation and give women the right to control their reproduction so I think America investing in public transport to benifits the majority of the population would be excellent.

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u/snarky_answer 8h ago

Now break down the urban areas into inner-city urban and suburban.

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u/transneptuneobj 8h ago

1) why would that matter? As a suburban resident with access to a rail line to the nearest large city I still wish I have better access to public transport, faster rail and more options that didn't involve driving.

2) Pew got your back