How will “8.6%” inflation affect Brown?

[Jones]

 

[Thebrownblob]

View attachment 418382

 

[Over70irregs]

Don't forget gov workers and healthcare workers aren't going to be laid off.

Brrrrrrrrr. Need more ink.

 

[Over70irregs]

Wealth building becoming more and more difficult.

Federal Reserve is NOT federal and it has no reserves.

 

[Over70irregs]

Treasurydirect.gov

Snorkeling with a straw but better than nothing.

 

[Over70irregs]

It’s winding down.
“64% of a representative sample of nearly 4,000 U.S. consumers now say they are just getting by. That's an increase from 61% the previous year.

Among the new cohort of people who say they are newly living paycheck to paycheck, 86% pull in more than $100,000 annually, the survey found. Given that the median household income in the U.S. is $70,784, the survey shows the soaring cost of living in America is catching up to even more well-off U.S. residents.”

 

[Brownslave688]

PVD’s gotta go, feeder subcontracting at peak gotta go, but IMO the most important thing the union must fight the hardest to get rid of is Surepost. Eliminating Surepost will make it very hard for them to cut package routes. Will have a positive affect on everything. They gotta can Surepost.

Surepost should be simple enough. If FedEx doesn’t offer it then we don’t either.

 

[DELACROIX]

It’s winding down.
“64% of a representative sample of nearly 4,000 U.S. consumers now say they are just getting by. That's an increase from 61% the previous year.

Among the new cohort of people who say they are newly living paycheck to paycheck, 86% pull in more than $100,000 annually, the survey found. Given that the median household income in the U.S. is $70,784, the survey shows the soaring cost of living in America is catching up to even more well-off U.S. residents.”

Glad that I am not the only one noticing what is happening..making 100,000 on one income is not cutting it now. Sure a couple can hang in there, but what happens when they are counting on one pay check to cover the increasing bills. Sure we will get that dollar + per hour raise over the next 5 years. It will not relieve any of this collapse of the American Dream, owning a home, comfortable retirement and affordable health care. The die is set, so work yourself for 30 + years and pray for good genes and healthy living, very few of us will leave healthy, wealthy or wise. Most of the the jobs with this company are designed to destroy your bodies over time, forget about the mental part of it and the toll on our families.

 

[IVE GOTTA PACKAGE 4U]

Glad that I am not the only one noticing what is happening..making 100,000 on one income is not cutting it now. Sure a couple can hang in there, but what happens when they are counting on one pay check to cover the increasing bills. Sure we will get that dollar + per hour raise over the next 5 years. It will not relieve any of this collapse of the American Dream, owning a home, comfortable retirement and affordable health care. The die is set, so work yourself for 30 + years and pray for good genes and healthy living, very few of us will leave healthy, wealthy or wise. Most of the the jobs with this company are designed to destroy your bodies over time, forget about the mental part of it and the toll on our families.

That's why these Young bucks need to understand why it's important to stay out of debt

 

[DELACROIX]

That's why these Young bucks need to understand why it's important to stay out of debt

Unfortunately staying out of debt will only delay the end process. Traditional Pension Plans are being gutted in favor of 401K
's, rising Health Care costs are hurting our coverages forcing us into paying more into co-pays and deductibles and forget about affordable retirement health care coverage, companies are now extending the retirement age closer to age 65 just to prevent paying for their early retirees. The Company just eliminated it's management pension plan and will raise their annual Health and Welfare co-pays to save a buck, the same can happen to the collective bargaining employees.

I have a 765 dollar mortgage on a house that I bought 13 years ago...3 bedroom pre-civil war carpenter gothic, excellent condition, 1800 square foot on 3/4 an acre...3 story detached garage/studio, 1200 sq foot. Just read what an 1 bedroom apartment rental would cost in the same area...1,100 a month, a 3 bedroom house 2,400...

Frankly I do not see how people are doing it, especially on the West and East coasts....

 

[IVE GOTTA PACKAGE 4U]

Unfortunately staying out of debt will only delay the end process. Traditional Pension Plans are being gutted in favor of 401K
's, rising Health Care costs are hurting our coverages forcing us into paying more into co-pays and deductibles and forget about affordable retirement health care coverage, companies are now extending the retirement age closer to age 65 just to prevent paying for their early retirees. The Company just eliminated it's management pension plan and will raise their annual Health and Welfare co-pays to save a buck, the same can happen to the collective bargaining employees.

I have a 765 dollar mortgage on a house that I bought 13 years ago...3 bedroom pre-civil war carpenter gothic, excellent condition, 1800 square foot on 3/4 an acre...3 story detached garage/studio, 1200 sq foot. Just read what an 1 bedroom apartment rental would cost in the same area...1,100 a month, a 3 bedroom house 2,400...

Frankly I do not see how people are doing it, especially on the West and East coasts....

People need to figure out the difference between wants and needs

 

[IVE GOTTA PACKAGE 4U]

Household debt skyrockets to highest level since 2008 financial crisis

U.S. households are racking up debt as they confront rising interest rates and high prices for everyday necessities, according to a WalletHub analysis.

www.foxbusiness.com

 

[Over70irregs]

401k is a bit short me thinks……
$3 Million to retire?

https://www.nasdaq.com/articles/is-$3-million-enough-to-retire-at-55

 

[Over70irregs]

The total number of credit cards in the US has hit an all-time high of 518.4 million

The total number of credit cards in the US has hit an all-time high of 518.4 million. Meanwhile, U.S. credit card debt has hit a record $930.6 billion. CNBC initially reported this, with the balance rising $5,805 over that same period, TransUnion found. Overall, an additional 202 million new...

unusualwhales.com

Household debt skyrockets to highest level since 2008 financial crisis

U.S. households are racking up debt as they confront rising interest rates and high prices for everyday necessities, according to a WalletHub analysis.

www.foxbusiness.com

 

[100%]

It’s winding down.
“64% of a representative sample of nearly 4,000 U.S. consumers now say they are just getting by. That's an increase from 61% the previous year.

Among the new cohort of people who say they are newly living paycheck to paycheck, 86% pull in more than $100,000 annually, the survey found. Given that the median household income in the U.S. is $70,784, the survey shows the soaring cost of living in America is catching up to even more well-off U.S. residents.”

Biggest change my family has made is we don’t eat out anymore…..at all. We don’t buy drinks anywhere except from a grocery store. Eating out once a week is a minimum $500/month. Can’t afford that.

 

[DELACROIX]

Biggest change my family has made is we don’t eat out anymore…..at all. We don’t buy drinks anywhere except from a grocery store. Eating out once a week is a minimum $500/month. Can’t afford that.

Pay cash for a good used car is smart also. I have a neighbor that has two brand new vehicles, had to be financing at over 1,000 a month over a 7 year loan.

The overall reasoning is “eat, drink and be merry for tomorrow we die”…