Posted on 01/02/2014 9:11:56 AM PST by Kaslin
You have control over only a part of your earnings. The government has control over the rest. We are under communism-lite.
Try living on less than $15,000 a year. Home & all vehicles are paid for. But there is never anything extra to have a cushion for car repairs, etc.
I don’t have a paycheck any more. I am self employed. I have chosen to work part time and earn less money right now. It’s better for my family. Our household income is staying ok, but the taxes took a bigger bite in 2013, and health insurance also went up a lot. We are adjusting our living expenses down.
2013 was smaller than 2012 was smaller that 2011. I suspect the pattern will continue, since the longer the mythical recovery is, the worse things get. Things won’t get better until we impeach POS and throw a bunch of politicians in prison.
Who will buy our debt if the FED doesn't? At what interest rate? I find it fascinating that NO ONE is discussing the fact that NO BONDS are bought by other countries. We are floating our own debt and no one seems frightened. If we were Argentina, or Spain, the world would be a buzz. How long will business be forced to run from ObamaCare? How will the US adjust to two 29 hour part time jobs making $10 an hour from 1 40 hr job making $25 an hour? All these questions are still out there waiting to be answered. At some point, we all know that the socialist utopia will fail,.....badly. Will it be political or bloodshed? How long will the steam pot boil before critical mass? Who would make long term plans with all this nervousness in the mix? At least as the US declines into the abyss, we will finally have gay marriage as we starve, freezing in the dark./sarc
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