Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Red Badger
Red Badger :" https://www.theburningplatform.com/2017/07/23/the-economic-collapse-began-long-ago/#more-155290 "

Thank you for that post "hot link"
It explains the "Fourth Turning" in common sense terms
and explains national economics in common language that all can understand.
If you wondered why one's personal income of yesterday can't keep up with the economic demands of today ..
this article will explain to you why you are more broke now than yesteryear, even with an increase in income.
I never believed the FED.gov statistics about the inflation rate, and this article explains why it is so presented.

19 posted on 08/07/2017 8:34:49 AM PDT by Tilted Irish Kilt (The Fourth Estate has become Fifth column !)
[ Post Reply | Private Reply | To 15 | View Replies ]


To: Tilted Irish Kilt

It was once a given that if your salary equaled your age then you were ding well, i.e. 60 years old = $60k/yr.

I have done that.

BUT, when you ‘adjust for inflation’, [ https://data.bls.gov/cgi-bin/cpicalc.pl ], I discover that I am making the equivalent of what I started at when I was first married at 24......................


21 posted on 08/07/2017 8:41:42 AM PDT by Red Badger (Road Rage lasts 5 minutes. Road Rash lasts 5 months!.....................)
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson