Posted on 10/19/2021 5:27:41 PM PDT by RomanSoldier19
That will barely keep Pelousy in ice cream.
PERUSE LATER
In Oregon I see help wanted signs at nearly every retailer advertising salaries starting at $15/hour. That is like $62,000 annually for a couple. I have seen articles, which make the point that COVID additions to unemployment keep people from applying.
I guess I think something is missing.
The author has made a calculation -- based on ? -- that the median American income is now some $34,000 compared to sometime in the past because of inflation.
Sorry, its not just the Democrats. Wall Street and the COC loves this outcome.
Try and raise a family on 34/K year, good luck you will need it plus lots of handouts.
The have nots have been growing long before covid. I started seeing the have nots grow in numbers in my business in the mid to late 90’s.
Today you have 35-40% of the population doing really well. The rest are just treading water. Location of course matters.
And people wonder why the country is voting in sociaslism
They maybe offering $15 hr but the stinker is it’s only 15-20 hours per week and no benefits
I used to think that earning $1000 for each year of my age was about right. Now it’s $2000. At 55, I need to make $110K or else I stress about finances.
This is why so many Americans support socialism. Fewer and fewer believe that they can get ahead like their parents did
Yes, good point.
“At 55, I need to make $110K or else I stress about finances.”
Yeppers. Our fixed cost are over $50k per year, prop taxes health/auto./home insurance, utilities.
That 50k does not include entertainment/vacations, gifts, money for hobbies, unforseen expenditures, gas etc.
Why we keep working even though pour cfp said we can retire now we are age 60..
Worried about out living our money. Especially if inflation gets worse or the stock market collapses like 2008/2009
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