“$2000 in the year 2000…

[Eastmandawg]

could purchase $3,600 worth of goods today if the money kept pace with the cost of living”

Dang, how in the wide world of sports did that happen??

Good article:

https://finance.yahoo.com/news/where-pull-money-first-retirement-095600188.html

 

[SLC_Dawg]

The same way my parent’s house that they paid $39k for in 1969, sold for a million three in 2018.

 

[MRDAWG]

could purchase $3,600 worth of goods today if the money kept pace with the cost of living”

Dang, how in the wide world of sports did that happen??

Good article:

https://finance.yahoo.com/news/where-pull-money-first-retirement-095600188.html

People aren't making $5 an hour anymore.

 

[atlanta cock#]

could purchase $3,600 worth of goods today if the money kept pace with the cost of living”

Dang, how in the wide world of sports did that happen??

Good article:

https://finance.yahoo.com/news/where-pull-money-first-retirement-095600188.html

Ask the Board Libs how they feel about this. Especially the ones touting the faux economic numbers from this week.

 

[Eastmandawg]

People aren't making $5 an hour anymore.

Neither were they in 2000.

 

[Eastmandawg]

The same way my parent’s house that they paid $39k for in 1969, sold for a million three in 2018.

Congrats to them….sounds like they may have had some unique circumstances.

My home as most, has increased in value pretty much the same as inflation thru the years. Looks like they are about 5x that number thru 2018:

https://www.amortization.org/inflation/amount.php?year=1969&amount=39000

 

[Athens is Heaven]

People aren't making $5 an hour anymore.

Yeah they are! With inflation and gas prices rising it feels like we are making that much. You libs don’t listen to the people struggling to feed themselves and pay their bills now.

 

[blackpug6]

Yeah they are! With inflation and gas prices rising it feels like we are making that much. You libs don’t listen to the people struggling to feed themselves and pay their bills now.

I would not suggest that you or I are struggling with Living,

but Many people are living paycheck to "check for cash".





I'm in tatters!

PUG

 

[Eastmandawg]

I would not suggest that you or I are struggling with Living,

but Many people are living paycheck to "check for cash".

View embedded media

I'm in tatters!

PUG

Trump finished his term for adjusted inflation at +7.1% (real wages). As you can see, he’s far ahead of everyone going back to Carter.

Just a WAG, but that could be better than all of them before him. Impressive, he sure as hayul doesn’t hurt my feelings.

Don’t know why they are not getting any play out of this, but they should certainly try…….along with it now taking +50% more to retire comfortably compared to 4 years ago.

Roughly $1 mil to $1.5 mil:

https://perc.tamu.edu/blog/2024/02/presidents-real-wages.html

 

[bayrooster]

The same way my parent’s house that they paid $39k for in 1969, sold for a million three in 2018.

Back when becoming a millionaire was still an amazing accomplishment.

 

[-lowcountrydawg]

No worries he’s back on the student loan forgiveness aka cash for votes plan. Shameless. No wonder working class folks have turned for the democrats.

 

[blackpug6]

could purchase $3,600 worth of goods today if the money kept pace with the cost of living”

Dang, how in the wide world of sports did that happen??

Good article:

https://finance.yahoo.com/news/where-pull-money-first-retirement-095600188.html

previously stated,

 

[MRDAWG]

Trump finished his term for adjusted inflation at +7.1% (real wages). As you can see, he’s far ahead of everyone going back to Carter.

Just a WAG, but that could be better than all of them before him. Impressive, he sure as hayul doesn’t hurt my feelings.

Don’t know why they are not getting any play out of this, but they should certainly try…….along with it now taking +50% more to retire comfortably compared to 4 years ago.

Roughly $1 mil to $1.5 mil:

https://perc.tamu.edu/blog/2024/02/presidents-real-wages.html

Did people staying at home due to Covid have something to do with that? That caused DEFLATION.

 

[jlstone412]

Did people staying at home due to Covid have something to do with that? That caused DEFLATION.

if "staying home" means "laid off"..the lower income jobs that got laid off because of covid removed those wage growths from the calculation in 2020, thus making it look like real wage change was "great" at the end of trump's term. It really shows that upper middle class wages and above continued to increase while lower/middle class got left behind...again.

Real wage growth is up 1.1% year over year in Feb 2024. And trending upward. I would venture to guess that the chart, when updated for month 38, shows real wages as flat or slightly positive over bidens term. Which doesn't present the doom and gloom scenario that is pitched around here.

Doesn't mean that some aren't struggling...that's for sure happening and we should be doing all we can to help each other out because the government won't do it...But to act like we are all in bread/soup lines is a far cry from the truth.