@mlb_nine@DrJesseMorse It’s such a stupid system. Let the banks NOT the government write the loans. Zero chance a bank would loan this much money to an 18 year old adult with no collateral. Money supply will drop fast and so will prices! Feds should be out of the student loan business.
@Swanks_WFU@ISchopenhauer87@jeremyct Hopefully parents with wealth give it to their kids now instead of when they die. What’s the point of having $5million in equities if you can pull $1million out and gift it to your kids.
@AuthorJCybulski@KyleMatovcik I’m 63 and can promise not ignoring anything. We are giving our kids money for houses now rather than waiting until we die. However, when money supply increases so do prices. A big problem is also inventory. Feds drove rates too low after COVID. Who would give up a 3% rate.
@tombrewsports@ChristinaPushaw@BlackLabelAdvsr We have a child with a great job at WMT. The company values time in Bentonville. NFW is his answer to that. So he is stifling his career AND choosing to live in overpriced NYC and wasting money. He should go to Arkansas. Plenty of time to move back to New York. At least try it.
@talmonsmith@johnarnold@ottbrocj Good advice. People should leave all of their wealth to their heirs. Why give it to the government to waste on inefficient programs.
@hornsfan722@America85415306@jeremyct I meant me and my wife but definitely implied “most people.” I am wrong to think I know how everyone spends their money. From what I observe though, it seems like way more spending on stuff than in the 70’s when I grew up. My bad for implying I know more than I do.
@America85415306@jeremyct Should cost or does cost? We spend our summers in NJ and no houses can be touched for $350k. In winter we live in FL and houses can be had for that number. No doubt everything is more expensive but also question we all waste a ton of $ on crap.
@America85415306@jeremyct My father told me he was making $3000/year in 1967 when he bought our first house for $17,500. Had to get a gift from my grandparents for the down payment. $ from parents are not a new concept. We had 1 car most of 1970’s, 1 TV and had pizza out on Fridays. Way less consumption.
@nicknactax@mom22docs@BrantMarlen@EmmaJoNYC@NancyMace Good for you and your family. If your grandparents handled things well then you hopefully inherit money through annual gifts. If not then you’ll have a solid inheritance. Why didn’t your wealthy grandparents pay for your college? That’s one of the best things to do for grandkids!
@LarryGreer20@spiel2001@End_Times_33@aj_inapi Boomers were 1946-1964. It’s a diverse group of people and an ignorant way to group people. A person born in 1946 grew up in the 50’s. A person born in 1964 grew up in the 70’s for example. Everyone goes through boom and bust economic cycles.
@mme_ambassador@1CosmicWanderer@USronaldcarter People elected a person with zero experience doing anything. He is a theoretical nightmare. Well, he’s a real nightmare but his thinking is theoretical.
@NanaRenans@CelticV43415@MichelleMaxwell Consumerism. People want more shit. People work work work to acquire more meaningless crap. That’s the reason. Women don’t have time to get married.
@TheTwelve@Venturin62@TheRochaSays@Variety None. He wants to destroy zero democratic institutions. The “end of democracy” and “no kings” crap used to be exhausting and now it’s just boring. Seems to me that everything the left disagrees with is an end to democracy and anything the far right disagrees with is woke BS.