I am middle aged and have two kids in college. After 8 years of inflationary policy, my grocery bills are higher, my mortgage payments are higher, my insurance bills are higher, etc.. but all of that kind of pales in comparison to the effect of the inflation on the value of my home and my 401K, which have both increased in value signific…
I am middle aged and have two kids in college. After 8 years of inflationary policy, my grocery bills are higher, my mortgage payments are higher, my insurance bills are higher, etc.. but all of that kind of pales in comparison to the effect of the inflation on the value of my home and my 401K, which have both increased in value significantly. So for me, inflation is actually kind of cool. For my kids, however, the direct impact of those policies appears to be all downside. It is really ironic when you consider that many of those policies were nominally intended to help the working class. Maybe everyone should be required to take and pass a test on Econ 101 before running for office?
I am middle aged and have two kids in college. After 8 years of inflationary policy, my grocery bills are higher, my mortgage payments are higher, my insurance bills are higher, etc.. but all of that kind of pales in comparison to the effect of the inflation on the value of my home and my 401K, which have both increased in value significantly. So for me, inflation is actually kind of cool. For my kids, however, the direct impact of those policies appears to be all downside. It is really ironic when you consider that many of those policies were nominally intended to help the working class. Maybe everyone should be required to take and pass a test on Econ 101 before running for office?
And these youngsters that are getting hammered voted for it.