Off topic, Workers fear they won't be able to retire comfortably
I just saw this on tv.
What they didn't say was the real problem. With Ben Bernanke and the elected democrats spending money like crazy, the real inflation rate last year is like 12%. shadowstats.com can verify. So I work like a dog and get a tiny 2 percent pay increase but lose 10% of my pay due to inflation and 12% of the value of any savings.
Hmmm, worried about retirement? I'm not even thinking that far ahead. I'm wondering at this rate, when I won't have enough money to get by. I do believe Obama will reach his goal to have gas prices reach $8 a gallon before he leaves office at this rate.
What they didn't say was the real problem. With Ben Bernanke and the elected democrats spending money like crazy, the real inflation rate last year is like 12%. shadowstats.com can verify. So I work like a dog and get a tiny 2 percent pay increase but lose 10% of my pay due to inflation and 12% of the value of any savings.
Hmmm, worried about retirement? I'm not even thinking that far ahead. I'm wondering at this rate, when I won't have enough money to get by. I do believe Obama will reach his goal to have gas prices reach $8 a gallon before he leaves office at this rate.
Got something to say?
Start your own discussion
16 comments
If they followed txtittyfan's financial advise then that fear is completely warranted.
"down"? What is your frame of reference? For me, my first recollection of gas prices was when my father gave me a dime, I rode my bike with a gallon gas can to the corner service station, and filled it up for that dime. I think gas prices have gone up substantially. :)
"shadowstats.com can verify": I can find a website to "verify" just about anything. The claims made abd methodologies applied by John Williams (shadowstats.com) are controversial (some would say "debunked")..
You see, 6 years ago Republicans decried the people behind shadowstats as filthy no good liberals and their doctored statistics. Now suddenly they are credible and valid? LMAO.
Both democrats and republicans spent too much. I just like to criticize the party who seems the best overall at tax and spend policy increases. However who is the worst is a tough call considering the trillions spent on wars. I think Obama has spent more in a few years than has been spent in most of the United States history combined. He is the current president so I credit him. While I agree with getting the economy to grow faster, I disagree with more government regulations, red tape, taxes of all kinds and lots of extra government spending. I voted but still disagree.
I feel like a minority opinion but hope things improve.
Actually, Tiredtraveler sounds like HoneyBooBoo, desperate for attention so says outrageous bullshit.
Sounds like the kind of douchebag who would go into a bar for the first time, waddle up to that bar and start proclaiming loudly his extremist political positions and then claim to be a victim when people don't appreciate it and tell him to shut his fat diarrhea hole. Sounds about right TiredTravler, yeah it does.
I did that gig for two years......hated it. Soooooooooo booooooring.
My aim now is to work as long as my old man did. He put his last crop in the ground the year he turned 85. One of my early oil patch mentors just shut it down this year at age 87.