I just went to the store today. A gallon of milk is nearly $5.00!! A month ago, it was just over 3.5!! Tell me again how that's Trump's fault and how Joe's bringing prices DOWN!! 3 years ago, I could get a gallon of milk for just over $1.50!! My grocery bill today was WAY over $100 and what I bought fit easily into 2 very small cardboard boxes about the size of a tub in a kitchen sink!!
3 months ago, my gas bills went from about $60 a month to nearly $200 a month!! At the rate I'm going, I'll be flat broke inside of a year!!
Most Helpful Opinions
I’m too young for retirement, but I am aware of the economic climate. I expect the world reserve currency to crash. I expect the Federal Reserve to try to implement their CBDC as part of their Great Reset in a desperate attempt to maintain power. I also expect most Americans to diverge from the Federal Reserve in a parallel economy shifting to Catalyst treasury notes backed by gold and silver. As a result markets will crash harder than they ever have before and anyone in the system will lose their shirt. I’m sitting on the sidelines the best I know how to ready to weather the storm on my farm and then come out the other side ready to roll with whatever time I have left.
Nah.
I’m thinking about working for the VA depending on how things look in a couple of years so I’ll have federal retirement. That’s the only kind of retirement I’m familiar with.We’ll see, but I’m not really concerned about it.
What Girls & Guys Said
Opinion
16Opinion
Do you know why people are saying that?
Because, beginning with the Reagan Administration, the income inequity started to expand greatly and conservative policies escalated that. So much so that it was apparent to me by the middle 1980s that the shit was going to hit the fan.
So, I chose to have no kids because, 40 years ago, I knew that my kids and grandkids were going to get fucked over. The only way I could protect them was to not have them.
And what happened? Most people are now getting fucked over while those who are wealthy are riding high on the hog with multiple homes and unbelievable breaks on taxes.
You reap what you sow.
I doubt if this has anything to do with Biden. It's probably more about the modern entitlement mentality. People want more and more, but want to do less and less to get it.
We also still haven't recovered from the COVID over reaction that screwed up the supply lines. That's especially true in the building industry, which is probably contributing to high housing costs. Building supplies went sky high, and are only just now starting to go back down a little - but still far higher than they were before.
I take studies like this with a very big grain of salt though. Studies are a dime a dozen.I was about to retire in 2020. I lost my job during covid and was just going to collect unemployment for as long as I could and just retire. I saw how fast prices went up as soon as Biden took office. Gas was over 5 bucks an hour. I was offered a good job that paid well so I decided to work a couple of more years to see how things go. I think I will retire if Trump wins in November. Otherwise I guess I will keep working. Things will really get bad this time.
Yeahhh it was shit before, making it even more shitty doesn't really change much.
Also this is just the "percieved" amount of money people think they need saved.
Maybe look at actual data for the amount of money people have to save in order to retire. And if that amount is more than 0$, maybe its the entire system thats shit and need to be changed and not just one guys fault.Well, I've always known that I'll never retire, because I won't live long enough to do so. And if by some miracle, I do, I'd be a real life darth vader, needing to wear a ventilator 24/7
Oh I'm retiring alright. I have a shit ton of money in my savings account and don't plan on relying solely on my 401K. It's not Biden's fault people aren't smart with their money. Like those French protesting because the government wants to raise the retirement age. There's no law that says you have to retire at a certain age. You're more than welcome to retire early and live off money you have saved up. The biggest mistake people make are thinking they need to rely soley on their 401K
from trump to biden only 10% more but from biden to biden more intense faster rate. due to inflation. as even cnn said biden policy for economy was "wrong".
Fortunately for me. I am retired and squirreled away some savings over the 41 years of employment. I do feel for the younger generation of “maybe “ retirees!
Thankfully no I already retired but holy shit I feel bad for Americans
The real wages of blue-collar white American men started their decline after the Davos Conference in NINETEEN-SEVENTY-FIVE, before Biden was in the U. S. Senate or were he there, was a very young Senator.
@RingOfFire Because of Biden, not because they failed to plan for 40 years? I just can't with some MAGAs.
Same old financial cuckery. When boomers were young, they could buy a McMenu for like 50 cents and a property for probably like $10K.
I don't believe in retirement. Germany.
I could retire today if I wanted to... but I don't want to
so it started to go up under Trump and kept going up under Biden. I guess we need a third choice in 2024!
I'm very worried the current run up on the market will end in a crash. as long as it recovers in a few years, I should be good.
Watch Trump bring it back down in a second term.
The only opinion from girls was selected the Most Helpful Opinion, but you can still contribute by sharing an opinion!
Learn more
We're glad to see you liked this post.
You can also add your opinion below!