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Go Back   ECCIE Worldwide > General Interest > The Political Forum
Reload this Page Are you better off...
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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 10-28-2024, 10:42 PM   #1
VitaMan
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Default Are you better off...
...than you were 4 years ago ?

Feel free to respond.



I am better off - I am way better off.
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Old 10-29-2024, 04:14 AM   #2
farmstud60
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Not by any measure at all am I better off than 4 years ago.
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Old 10-29-2024, 04:58 AM   #3
texassapper
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nope.
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Old 10-29-2024, 06:13 AM   #4
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Old 10-29-2024, 06:15 AM   #5
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Milton Friedman
"Inflation is taxation without legislation".

Warren Buffett
"The arithmetic makes it plain that inflation is a far more devastating tax than anything that has been enacted by our legislature".

John Beckley
"Inflation is a form of hidden taxation that is almost impossible to measure".

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Old 10-29-2024, 06:20 AM   #6
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I view the dramatic bull market in stock trading along with the dramatic increase in tyhe price of gold as signature markers of the drop in buying power of the US Dollar.

What difference does it make if my 401(k) goes up . . .if I still can not buy that retirement home in the Hill Country or go on a six month cruse?
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Old 10-29-2024, 06:25 AM   #7
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A significant portion of food price inflation is directly connected to the cost of fuel.

If we were to unleash the petroleum industry as we did in the first Trump administration, the cost of growing, processing and transiting food stuffs would decline, resulting in a reduction, or at least a stabilization, of retail prices at the supermarket.
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Old 10-29-2024, 06:30 AM   #8
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nope
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Old 10-29-2024, 08:59 AM   #9
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Trump supporters not having much luck
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Old 10-29-2024, 09:06 AM   #10
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Quote:
Originally Posted by VitaMan View Post
Trump supporters not having much luck

With policies directly put in place by Biden/Harris.


Warren Buffet has a very large cash position for Berkshire Hathaway. Pretty sure indicator that the stock market is not on solid ground.
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Old 10-29-2024, 09:16 AM   #11
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I’m much better off than oct 2020.
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Old 10-29-2024, 09:19 AM   #12
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Yes, much better and the stock market is great.
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Old 10-29-2024, 09:42 AM   #13
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Quote:
Originally Posted by farmstud60 View Post
With policies directly put in place by Biden/Harris.

I have prospered under the policies of the last 4 years. Must be some other reason Trump supporters are not doing well.
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Old 10-29-2024, 09:54 AM   #14
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Yeah, I am much better off now than 4 years ago. The industry as a whole I work in has done very well and I am heavily invested in the market, so I have been very fortunate. And I work my ass off and sleep only 4 hours a day so that helps. LOL
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Old 10-29-2024, 09:54 AM   #15
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Quote:
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nope
Please be more specific.
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