tim
Volsquatch
- Joined
- Jan 19, 2007
- Messages
- 18,880
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I've got bad news. You ready?So, you enjoy hell? Not being able to meet bills, gas prices rising, coal prices rising, $100 in a grocery store might get you a dinner and lunch now days.
Im good, give me Desantis or Haley and lets move forward.
This is probably true but we will see.I've got bad news. You ready?
Prices will not be dropping significantly. And they never will. And your grandkids will pay a lot more than you are now.
It won't. In 30 years, gas will be $13 a gallon. Starting wage for unskilled receptionist type work will be $40-$50 an hour. This is simply how the American economy ages.This is probably true but we will see.
My power company just implemented a 32% increase on bills, which they say averages out to $40 a month........ They swear it is temporary and due to the rising cost of coal, but somehow I feel like the price will never go back down.
Im not convinced of that. Maybe its just me being naive, but I think if we get a switch in the WH we will get a little relief on prices.It won't. In 30 years, gas will be $13 a gallon. Starting wage for unskilled receptionist type work will be $40-$50 an hour. This is simply how the American economy ages.
I'm sorry. We will not.Im not convinced of that. Maybe its just me being naive, but I think if we get a switch in the WH we will get a little relief on prices.
Oblivious voters. Just like 20 percent of Tennesseeans voting to keep slavery an option as a punishment. Surely they either didn't read or understand it, right?
Change the channel. We know what caused all this
Paychecks are going up. Unfortunately, many have to leave current employment to gain increased wages.
Eventually even those tenured employees who don't jump ship will see a CoLA impact in the payroll.
I mean, it's a fact that government spending is why we had GDP growth immediately preceding the pandemic. What TV channel is telling you that? I would guess none of them, but I don't watch. Trump was pressuring the fed to keep interest rates down to artificially keep the economy moving. He messed with consumer prices (have you heard of the current inflation problem?) and the supply chain with his protectionism. The economy was a house of cards before the pandemic.
I respectfully disagree in many areas. Housing, for example. With the current rate hikes and grossly inflated market, a starter home in west Knoxville will run around $40,000/yr on a 30 year note. That's not sustainable. A realtor today just told me that houses are already staying on the market and prices are falling.I've got bad news. You ready?
Prices will not be dropping significantly. And they never will. And your grandkids will pay a lot more than you are now.
I've got bad news. You ready?
Prices will not be dropping significantly. And they never will. And your grandkids will pay a lot more than you are now.
Im sure this is a hot take, but the national debt is kinda overblown. What country is actually going to call us on it? Every country owes another country money nobody is going to call another country without their own debts being called.We are in the cycle..if payrolls go up without gained productivity, we and the Feds are screwed.
Going to take Pain to get out of this..and nobody likes pain and the political blame game, in this toxic environment.
Look at who is running this rudderless ship. I anticipate the worst, unless a leader and Congress just say screw my political career, gotta do right by my nation, which aint happening.
Of course to keep this Dollar hegemony, we have to protect our international backers, leading to war, thus further exasperating our debt.
I guess one silver lining in the CC issue, we dont have to War for Oil and the ME..but, we have the resources and tech now anyways. The tech movement in oil production the last 15 years has been phenomenal. Lets just hope the greedy capitalists can emulate this on an EV agenda.
I respectfully disagree in many areas. Housing, for example. With the current rate hikes and grossly inflated market, a starter home in west Knoxville will run around $40,000/yr on a 30 year note. That's not sustainable. A realtor today just told me that houses are already staying on the market and prices are falling.
Gas has dropped over a dollar from peak, and beef seems to have come down some, presumedly due to decreased demand. I also saw the best prices on used cars today that I have seen in awhile. People are feeling the crunch and having to pinch their pennies.
There will be a some increases in productivity.We are in the cycle..if payrolls go up without gained productivity, we and the Feds are screwed.
Going to take Pain to get out of this..and nobody likes pain and the political blame game, in this toxic environment.
Look at who is running this rudderless ship. I anticipate the worst, unless a leader and Congress just say screw my political career, gotta do right by my nation, which aint happening.
Of course to keep this Dollar hegemony, we have to protect our international backers, leading to war, thus further exasperating our debt.
I guess one silver lining in the CC issue, we dont have to War for Oil and the ME..but, we have the resources and tech now anyways. The tech movement in oil production the last 15 years has been phenomenal. Lets just hope the greedy capitalists can emulate this on an EV agenda.