27 Oct 2026 11:47 pm
Cannonpointer » Yesterday, 10:32 pm » wrote: ↑ Most people who work these days have no problems with income. They're making good money, taxes are down - their finances look great.
The problem isn't making good money. The problem is the money's no good.
Wages increase but that really doesn't change anything for fixed income folks.
Except for allowing prices to rise incrementally yet again.
I've had this discussion more than once with fixed income people.
That $200 set of tires (10 hours of work @ $20/hr) put into the retirement account 20+ years ago.
That set costs $1000 now.
The question is whether real return on the $200 in 20 years was 500%.
Please seat yourself.
I like the very things you hate.
I like the very things you hate.