[Tired of Taxes]

It could be that many learned they could live with less, on less, and with the recalibrated budgets due to the pandemic rediscovered the value in time spent with family, friends and loved ones.

I hope so. The two-income-family trend led to a higher cost of living, according to my economics professor back in the 80's. If the average household income drops, maybe the cost of living will, too.

Then again, could the buy-now-pay-later people really have learned how to budget in a year? They might be maxing out their credit cards. Some people always live on borrowed money.

[lepton]

There are also a whole lot of people that have apparently been socking away savings, including a substantial number that have been not paying rent either. This on top of not having the costs of a job, such as car maintenance and gas, and even clothing replacement.