The government wants prices to go up, it's the only way to pay off the massive debt... with cheaper money. Good news, you are going to lose weight!Govt will tax your earnings and assets of course, in anyway they can. But they will create more and more $ out of thin air to pay for all the things they feel they need to spend on and that means the $ you have and earn will buy less! The federal reserve bank has stated they want inflation and will let it run "hot".
I'll bet your wages don't go up as much as inflation, that is if you get to keep your job. Lets hope you get retrained into a better job! Til then, this means your standard of living goes down... even more.
No matter who the President is, wouldn't matter, it's one dysfunctional mess that's been repeated through history. Govts can't say no... but they can say "spend"! It's just getting more noticeable of the effects. Things you need like fuel, food... go up. Who knows what else. One working man in the middle class used to be able to care for a family of 4, my father did. Try doing that now. Have to be a Dr. or Lawyer.
People outside USA... you may be better off (if we don't get you blown up in a war). Let us know if you have good place to move to, to save ourselves... from ourselves. My bet is on Italy or Australia.Australia - resources... beaches... retirement? Is that a shark?I'm not going to tell you how to get ready... that's a mytake with all kinds of opinions...
@midnightmoon, bet they have some fun beaches to explore...
Italy's now a retirement home nation, with a population that's now aging and shrinking faster than that of Japan. And Australia's current government's even more SJW liberal everything-ist progressive than that of California, which also made Australia one of the most expensive, overpriced places to live in the world, far ahead of the curve that the USA's now set to start taking.If you really want to escape that, and go to somewhere else where the price of food and essentials relative to average income's lower than that of the USA, you really don't have too many other options in the 'developed world', other than relative city-states like Qatar, Macau, Kuwait, Brunei, Bahrain and Singapore. If you don't mind earning less, though, so long as you can buy more with whatever you do earn, this map might help (with the USA's Nominal & PPP GDP values both being identical, giving it a value of precisely 1, with healthcare costs also taken into account as a part of calculating PPP):
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Avicenna | 1K opinions shared on Education & Career topic.
Master
1 mo
Inflation has been higher than the official stats say for quite some time. Don’t forget what happened in the 1970s- salaries didn’t come close to inflation or the rise in housing prices. Keep in mind that capital gains are not indexed for inflation.
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DizzyDesii | 427 opinions shared on Education & Career topic.
Master
1 mo
Lol i said long ago that we’d have to eventually pay back these stimulus and so on in some way. I almost hate i couldnt opt out. But it wouldve happened regardless of if i received one. And the other countries can't stand us for more than being a tourist so they def won't give tips on telling you to move where they are. We’re just sitting ducks. And yes Australia is the only country i would ever visit outside of our own, but AU is more expensive than here... you realize that right
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If you really want to escape that, and go to somewhere else where the price of food and essentials relative to average income's lower than that of the USA, you really don't have too many other options in the 'developed world', other than relative city-states like Qatar, Macau, Kuwait, Brunei, Bahrain and Singapore. If you don't mind earning less, though, so long as you can buy more with whatever you do earn, this map might help (with the USA's Nominal & PPP GDP values both being identical, giving it a value of precisely 1, with healthcare costs also taken into account as a part of calculating PPP): 
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