Are you better off than you were four years ago?

[Thinker101]

Mortgage rates of interest are always higher than what CD rates are....

Matt and I had almost a 20 year period where we earned near nothing on our savings which sucked wind from here to high heaven, yet....while under the Reagan, Carter inflation, my parents became millionaires with earning 10%- 20% interest on their savings in CDs, their money doubling every 7 years or so with compound interest.... in the same period the hubby and I had our first mortgage at 13.5% interest rate.

Different generations all have been dealt their ups and downs....

No one in this thread is complaining about CD rates. The point is, with the high mortgage rates, high gas prices, high food prices, everyone has much less, if any, to invest.

 

[ThisIsMe]

Not completely. Still have some mortgage debt left, but zero credit cards and zero auto loans.

Still, I think that’s awesome. That will make it easier to plan for the future, not having your income tied up in high credit cards interest rates.

 

[SassyIrishLass]

No but left loons proclaim they are ..and everyone knows better

 

[Woodznutz]

Blame that on your governor

When McD's fries went to $2 I quit buying them. Same with their milk. I make nuggets and fries at home now, cheap and yummy.

 

[The Duke]

damn, the jealousy on this forum is reaching new heights.

you morons tie your success to one party or the other and then get pissed off when those of us who do not are thriving.

liar

Yes, I’m better off.

Thanks for asking.

Whatever, Boomer.

 

[Woodznutz]

With all that extra money I have in my pocket from Trump's tax cuts, I don't even notice the inflation.

Donald's tax cut gave me about $2,000 more each year. That mitigates a lot of inflation.

 

[Woodznutz]

No one in this thread is complaining about CD rates. The point is, with the high mortgage rates, high gas prices, high food prices, everyone has much less, if any, to invest.

Only if you pay those high prices. Since gas prices went up I spend much less on gas as I quit all recreational driving. The real gouging is in the rental housing market.

 

[The Duke]

Only if you pay those high prices. Since gas prices went up I spend much less on gas as I quit all recreational driving. The real gouging is in the rental housing market.

The gouging is across the board for all necessities.

 

[Harpy Eagle]

Only if you pay those high prices. Since gas prices went up I spend much less on gas as I quit all recreational driving. The real gouging is in the rental housing market.

Yes, gas is the biggest driver of inflation and in 2019 I was commuting about 300 miles a week, now it is 70. Gas is not 4 times higher now than it was in 2019, thus I am spending less on gas

 

[SassyIrishLass]

Yes, gas is the biggest driver of inflation and in 2019 I was commuting about 300 miles a week, now it is 70. Gas is not 4 times higher now than it was in 2019, thus I am spending less on gas

Good grief

 

[Harpy Eagle]

Good grief

Yes Charlie Brown?

 

[SassyIrishLass]

Yes Charlie Brown?

Get lost you ridiculous fraud

 

[Harpy Eagle]

Get lost you ridiculous fraud

Which part was untrue?

Is gas 4 times more expensive now than it was in 2019?

 

[Catsnmeters]

Does anyone seriously believe that the US is better of at this point of Biden's presidency that it was at the same point in Trump's presidency?

Trump (October 2019): America is great again.

Biden (October 2023); We are in deep shit.

Please correct me if I am wrong.

Tough call. Even though Trump is no longer president, he is still doing a lot of damage to our country.

I would say we are doing better internationally but not domestically.

We don't often have seditious conspirators attempt to disrupt the constitutional process of counting electorial votes.

 

[Thinker101]

Only if you pay those high prices. Since gas prices went up I spend much less on gas as I quit all recreational driving. The real gouging is in the rental housing market.

Gotta keep up with inflation. Rental prices have increased about 9%, food prices about 12%, gas prices about 60%.

PolitiFact - How high are today's gasoline prices compared with recent history?

Consumer Price Index: 2022 in review : The Economics Daily: U.S. Bureau of Labor Statistics.

 

[SassyIrishLass]

Which part was untrue?

Is gas 4 times more expensive now than it was in 2019?

I said get lost.... ridiculous fraud

 

[Harpy Eagle]

I said get lost.... ridiculous fraud

yet you cannot tell me which part of my post was false.

It seems you just hate the idea that I am thriving and you are suffering like the loser that you are.

 

[dblack]

I can't think of a single time in my life when my personal well being had anything to do with who was President.

 

[Harpy Eagle]

I can't think of a single time in my life when my well being had anything to do with who was President.

It is shocking how many people have their entire lives tied to one party or the other.

 

[SassyIrishLass]

yet you cannot tell me which part of my post was false.

It seems you just hate the idea that I am thriving and you are suffering like the loser that you are.

Your problem is I know you're some egg head left loon


That's the problem, Egghead