Posted on 03/20/2022 2:58:00 PM PDT by RomanSoldier19
A BLOOMBERG Opinion piece is getting backlash after a 'tone-deaf' tweet saying that inflation 'stings most' for those making under $300K a year.
"Nobody said this would be fun," the controversial tweet by Bloomberg Opinion reads, sparking thousands of people to react to the March 13 article by Teresa Ghilarducci.
Ghilarducci makes suggestions in the piece like pivoting to vegetables in order to avoid inflated meat prices, and taking the bus to avoid inflated gas prices.
"I expect those most affected will adjust to inflation in the classic way by shifting away from relatively expensive items toward close substitutes."
The author also recommends that people stop buying in bulk and begin taking a second look at their budgets and recurring fees.
Critics are slamming the article as elitist. Many are saying that Ghilarducci is sharing money-saving options that seem possible from a rich person's point of view but aren't as fair or simple as they seem.
(Excerpt) Read more at thesun.co.uk ...
I bet she and Jamie Gorelick are best buds.
As soon as I saw the face, I looked for an adam’s apple.
Something along these lines: "Let them die."
I do my own shopping. I like to pick out my own produce and meat.
Of course, I have a both a Fry’s and a Walmart Neighborhood Store within a block of me.
I swear I know just how her voice sounds.
And I am sure she does not shop. She has a maid who does the shopping for her.
Twitchy did an article about that Bloomberg article and the response.
PING!
Look what climbed back out of the slime!!!!
Ah, yes. Another multi-millionaire elitist from the non-profit/academic/government track.
One of my “impossible reforms that should have been enacted yesterday” would be a law that government employees, as a group, could not be paid more, on average, than the average pay for full-time employees in the private sector. This calculation would include all fringe benefits.
After establishing the government pay standard as noted above, I would advocate a second reform to the effect that any not-for-profit organization that paid its employees above the federal standard would lose its not-for-profit status. Some nonprofits are notorious for having armies of very poorly paid worker bees, typically young people who are devoted to the cause, with very highly compensated leadership folks who run with the rich and famous. No more. Big charity should lose its tax favored status if the bosses are paid above the federal maximum and if the average compensation exceeds the private sector average. This would apply to universities as well.
I have absolutely no objection to people earning high incomes. But if senior management wants to pay itself very high salaries, the organizations they are milking for big bucks should not be tax exempt.
The logical endgame for these reforms, by the way, would be something we should do anyhow for myriad other reasons: abolish the separate corporate income tax and shift to a unitary income tax structure. Companies don’t pay taxes; individuals pay taxes. The time to tax corporate earnings is when they are paid out to individuals as wages and benefits to employees or dividends and capital gains to shareholders.
I get that.
We ‘grow our own’ or hunt and fish when it comes to meat, so at best I’ll buy chicken breasts once in a great while. Can’t screw those up too badly.
Our local Walmart has amazingly good produce. Once in a while I am disappointed, but it’s rare. The most exotic thing I order is avocado. ;)
Most of it is locally sourced because Wisconsin grows a ton of carrots, potatoes, onions & apples. That helps with quality issues, too.
A couple years ago my brother took me to Hawaii. We went to Kauai. He showed me how all the "farmers" markets actually bought Costa Rican pineapples from regular wholesalers, and brought me to the only place on the island where we could get Hawaiian pineapple. I don't know if Hawaiian pineapple is superior, or if it was just the freshest I've ever had, but it was the best pineapple I've had in my life. We bought it at Walmart.
Small world! I’ve BEEN to that very same Walmart on Kauai! Isn’t it well hidden? Not an eyesore at all, which I found impressive.
I had a ‘swim suit malfunction’ and needed a replacement.
I really enjoyed our stay there. Such a gorgeous place to visit; so much to do and every bit of it is picture-perfect. The whole island is smaller than the COUNTY I live in, which still amazes me.
I wouldn’t call it a vacation; it was an adventure. I rode a helicopter for the first time, went snorkeling twice (back in another life I used to be SCUBA instructor, so that was nostalgic), went horseback riding, paddled a kayak up a river, hiked in a rainforest (my brother has been to Hawaii a dozen times and knew which plants we could just pick off the tree and eat), and stood under a waterfall.
I ate fish almost exclusively for a week (my brother knew which market had the best poke), then discovered moko loco. Drank coffee at the coffee plantation, had a conversation with a BBC crew filming “Islands”, ate mahi mahi for the first time (fresh caught that day).
If they ever drop the mask mandates, I might return.
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