@TheCringeAlert@jacobm They were raised to believe they can afford a new cell phone every year. Have a brand new car. Basically, feel they are rich regardless of income.
@LizZezima@PeterSchiff@PeteButtigieg It is the invisible hand, econ 101. The market will correct itself. Government always feels the need to correct things, when they just cause bigger issues
@PeteButtigieg Inflation is down, meaning prices are not rising as fast, but prices continue to rise. When deflation occurs, then lets talk about prices being what they were 2 to 4 years ago
@logikaldj Because they disagree with you on politics? There is this thing where you can disagree with someone, yet get along with then. Called being an adult.
@GrandpaDennisP Inflation rose due to the country being shutdown, and the supply chain opening up in an instant. Too much demand, too little supplyAdd in job jumping, and no help to ease the demand. Inflation has slowed, but it prices are still double what they once were Just means rising slower
@Jasper_cat44@GrandpaDennisP My retirement will be my 401k and roth ira. People are taking way more out than they put in, and that is not sustainable. That is not even discussing what previous leaders have taken out to "balance" the budgets.
@Leslieoo7@TheFungi669 I am starting to see many people are sick of inflation, and want a change regardless of education. But I do know most places with people having a hs education were doing better under Trump. Many went into the gas industry, and made. Alot of money.