Student Loan Debt?

[Torvy]

The economy isn't crappy. It's booming again.

Well that is certainly the talking point. Not the reality.

 

[lilranch2001]

Well that is certainly the talking point. Not the reality.

Yeah, I’ve been hearing on the news that the economy is booming all of a sudden but I’m not quite sure why it’s being said, but then I’m not a big believer of the current news media

 

[lilranch2001]

What I absolutely do know is, I am paying a dramatic increase in groceries over what I used to pay just a few years ago

 

[lilranch2001]

Grocery stores are one of my favorite places in life, they have two of my favorite items in them…

Food & women!

 

[jyoutz]

Well that is certainly the talking point. Not the reality.

It varies by region. I don’t know anyone who is unemployed who is seeking work. Every restaurant and store is busy, and new commercial construction is everywhere in my area. The chip manufacturing plants are expanding, oil production is at record highs and the industry can’t find enough workers, and construction and remodeling companies are backed up for months to a year. Additionally, houses don’t last long on the market before they are sold. I know there are regions of the country where this isn’t true, but the mountain states are seeing an economic boom. No the local economy isn’t anything near the size of your state’s economy, but compared to local history we are currently doing very well.

 

[MossRoad]

Well that is certainly the talking point. Not the reality.

I don't know what to tell ya. Unemployment is at historic lows, stock market is at historic highs. We make average wages, our savings and retirement are at all time highs and growing. Our personal net worth has surpassed the pre-pandemic point by about 10%.

S&P500 is up around 27% since December 31, 2020.

 

[lilranch2001]

it may be booming, but I do not think it is a “HEALTHY booming economy”

 

[ruffdog]

It varies by region. I don’t know anyone who is unemployed who is seeking work. Every restaurant and store is busy, and new commercial construction is everywhere in my area. The chip manufacturing plants are expanding, oil production is at record highs and the industry can’t find enough workers, and construction and remodeling companies are backed up for months to a year. Additionally, houses don’t last long on the market before they are sold. I know there are regions of the country where this isn’t true, but the mountain states are seeing an economic boom. No the local economy isn’t anything near the size of your state’s economy, but compared to local history we are currently doing very well.

I don't know what to tell ya. Unemployment is at historic lows, stock market is at historic highs. We make average wages, our savings and retirement are at all time highs and growing. Our personal net worth has surpassed the pre-pandemic point by about 10%.

S&P500 is up around 27% since December 31, 2020.



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Same here. There are help wanted ads for workers everywhere and no shortage of buyers of goods. My investments are strong and making much more interest. Times are good here.

 

[lilranch2001]

We are paying high pay rates to kids right out of high school, who haven’t even learned to properly blow their noses…
Even then a hell of a lot of the kids would rather stay home with mom and play video games and sleep rather than work.
Contractors are so picky that most small jobs are either looked down apon or you feel raped by the prices quoted.
Groceries go up in price every week it seems, not totally uncommon from the past,but now it seems the prices never drop

 

[MossRoad]

it may be booming, but I do not think it is a “HEALTHY booming economy”

Very well could be true.

 

[MossRoad]

We are paying high pay rates to kids right out of high school, who haven’t even learned to properly blow their noses…
Even then a hell of a lot of the kids would rather stay home with mom and play video games and sleep rather than work.
Contractors are so picky that most small jobs are either looked down apon or you feel raped by the prices quoted.
Groceries go up in price every week it seems, not totally uncommon from the past,but now it seems the prices never drop

Prices probably won't drop. "They" have algorithms that predict how much blood they can squeeze from the turnips.

 

[jyoutz]

Prices probably won't drop. "They" have algorithms that predict how much blood they can squeeze from the turnips.

Not to mention that wages very seldom decrease and the higher wages are also baked into the higher prices.

 

[Torvy]

Y'all need a better understanding of the economy. Unemployment rates are a joke as reported. Here's a couple of key indicators. Labor participation is still below pre C, but government workers are above. That means an even larger percentage of employers people are in the government. Even necessary government jobs are a net drain on the economy. Also the take from someone who's job is to understand what's going on.

MSN

www.msn.com

 

[MoKelly]

I’d rather pay higher tax on my income, than tax on my property.

I’m not exactly a high income earner, but I do possess wealth.

If I get in a jam and my income goes down, the state or county still get their percentage of tax on whatever I earn.
If I run so low on money that I can’t pay my property taxes, at least I can’t lose my home/farm/property.

I agree with you. Property taxes have never been a favorite of mine — paying forever regardless of income.

Schools take most of our property tax monies. Yet, my kids went to private schools. Lots and lots of kids in STL go to private schools.

 

[MoKelly]

Grocery stores are one of my favorite places in life, they have two of my favorite items in them…

Food & women!

And beer!

 

[lilranch2001]

The biggest thing it drives me nuts about property taxes is somebody builds an addition across the road from me and my taxes go up 20%

 

[lilranch2001]

And beer!

Indiana only started selling beer and liquor in grocery stores maybe 10 years ago so I’m still a little bit behind the curve there

 

[jyoutz]

Y'all need a better understanding of the economy. Unemployment rates are a joke as reported. Here's a couple of key indicators. Labor participation is still below pre C, but government workers are above. That means an even larger percentage of employers people are in the government. Even necessary government jobs are a net drain on the economy. Also the take from someone who's job is to understand what's going on.

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MSN

www.msn.com

Labor force participation rate is a complex measure. It says nothing about why people aren’t in the workforce, or if they even are seeking work. Lots of different reasons. Unemployment is a simple measure of people who are seeking work but cannot find employment. As for a “net drain on the economy” it’s not evident in the stock market or business activity.

 

[Hay Dude]

Look at the recent push to add more “border enforcement personnel”.
I mean we already have 22 million people working for federal, state and county government.
Thats probably 1 in 8 people who work in this country!!
Way too many people being supported by taxpayers.

1 in 8 working people work for the gubmit.
1 in 5 babies are aborted.

 

[MossRoad]

Y'all need a better understanding of the economy. Unemployment rates are a joke as reported. Here's a couple of key indicators. Labor participation is still below pre C, but government workers are above. That means an even larger percentage of employers people are in the government. Even necessary government jobs are a net drain on the economy. Also the take from someone who's job is to understand what's going on.

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MSN

www.msn.com

According to that chart, there's only about a 0.75% reduction in labor force participation.