Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Non-Cattle Specific Topics
Coffee Shop
Dave Ramsey Millionaire Study
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="HDRider" data-source="post: 1710100" data-attributes="member: 17025"><p>There seems to be a lot of frustration in your post. That is understandable, but I am not sure what it is directed at. Is it income disparity, or inflation, or the high cost of living, lack of wage growth. Help me better understand. Those are all legitimate grips. Is it all of them combined?</p><p></p><p>With rising inflation we should expect high interest rates. That is the only tool the Fed has to curb inflation. High interest rates will kill our economies. Credit will dry up. Spending with stop in crucial sectors like housing.</p><p></p><p></p><p>It sucks, but makes prefect sense. Houses have gone up while wages have stayed relatively flat.</p><p></p><p></p><p>The median annual earnings in the US is almost $35K. It would be quite a hill to climb to save a million dollars earning even twice that. Less than 12% of the US workforce is unionized.</p></blockquote><p></p>
[QUOTE="HDRider, post: 1710100, member: 17025"] There seems to be a lot of frustration in your post. That is understandable, but I am not sure what it is directed at. Is it income disparity, or inflation, or the high cost of living, lack of wage growth. Help me better understand. Those are all legitimate grips. Is it all of them combined? With rising inflation we should expect high interest rates. That is the only tool the Fed has to curb inflation. High interest rates will kill our economies. Credit will dry up. Spending with stop in crucial sectors like housing. It sucks, but makes prefect sense. Houses have gone up while wages have stayed relatively flat. The median annual earnings in the US is almost $35K. It would be quite a hill to climb to save a million dollars earning even twice that. Less than 12% of the US workforce is unionized. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Non-Cattle Specific Topics
Coffee Shop
Dave Ramsey Millionaire Study
Top