Life In America Has Never Been More Unaffordable Than It Is Right Now
Posted by freedomforall 1 year, 7 months ago to Politics
Excerpt:
"Our standard of living is being systematically destroyed, but for a lot of years many Americans didn’t fully understand what was taking place because it was happening so slowly. But now we have reached a stage where the purchasing power of our money is collapsing and the cost of living has become exceedingly painful. Thanks to our rapidly rising cost of living, the middle class is becoming “the impoverished class”, and the poor are increasingly being pushed out into the streets. If we do not find a way to turn these trends around, it won’t be too long before we have tremendous societal turmoil on our hands.
Earlier today, I came across an article about a woman that found a receipt from Burger King that was dated August 10, 1986.
At that time you could buy a Whopper for just $1.54.
Today, that same Whopper will cost you $6.79…"
================================
Completely the fault of federal government and done so on purpose.
NIFO.
"Our standard of living is being systematically destroyed, but for a lot of years many Americans didn’t fully understand what was taking place because it was happening so slowly. But now we have reached a stage where the purchasing power of our money is collapsing and the cost of living has become exceedingly painful. Thanks to our rapidly rising cost of living, the middle class is becoming “the impoverished class”, and the poor are increasingly being pushed out into the streets. If we do not find a way to turn these trends around, it won’t be too long before we have tremendous societal turmoil on our hands.
Earlier today, I came across an article about a woman that found a receipt from Burger King that was dated August 10, 1986.
At that time you could buy a Whopper for just $1.54.
Today, that same Whopper will cost you $6.79…"
================================
Completely the fault of federal government and done so on purpose.
NIFO.
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I've been reworking what little wealth I've collected over the years and leaning heavily toward owning "things"...things that generate income. Securities are VERY risky lately, given the volatility brought on by a hawkish Fed, a proxy war with the world's biggest nuclear power, over 10,000 undocumented immigrants pouring into America every day, and a leader who can't speak. Nobody in the media is talking about "stagflation" anymore, but we're there. Good luck with that!
Maybe if the nation survives this we can have a conversation about the (then) $36T hole we've dug. LOL...