joerobert_pete06 said:
My HR rep says inflation is at 4.6%. What should I believe ?
Definitely not your HR rep.
Inflation surges 7% in December, highest rate in 40 years
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Last: 3 yr ago by infinity ag
Definitely not your HR rep.
Carter had a foundation of his faith that kept him somewhat centered despite his misguided optimism that liberalism was morally correct and not corrupted. The Clintons, Obamas, and Bidens destroyed what little of that was left from the party Carter inherited.I Have Spoken said:
At least Carter seemed to love America, as misguided as he was.
I used to give Carter a pass like some of you here.
I dont do that anymore.
His comments about the US compared to some other countries in the world over the last 30 years, his negative comments, not just about Trump, but also about Bush 43. His positive comments about Clinton, Obama, and Biden. His belief in the UN, WHO, CDC, etc etc.
Nope, he's no mild mannered Sunday school teacher peanut farmer from Georgia. Not anymore if he ever was.. He's a globalist that likes the idea of a weakened America if it leads to the socialist version of world peace. Which is essentially a version of Benevolent Totalitarianism.
I dont do that anymore.
His comments about the US compared to some other countries in the world over the last 30 years, his negative comments, not just about Trump, but also about Bush 43. His positive comments about Clinton, Obama, and Biden. His belief in the UN, WHO, CDC, etc etc.
Nope, he's no mild mannered Sunday school teacher peanut farmer from Georgia. Not anymore if he ever was.. He's a globalist that likes the idea of a weakened America if it leads to the socialist version of world peace. Which is essentially a version of Benevolent Totalitarianism.
Cromagnum said:
Pretty bad luck if you are in your retirement years right now.
Well, the good news is that SS is tied to inflation, so they got a gigantic raise.
— Defiant L’s (@DefiantLs) January 12, 2022
Yeeerrrrppppp.sleepybeagle said:
Hey liberal white women... way to stick it to the poor and old folks on fixed income!
Relax. This didn't happen by accident. It's all part of the plan.
I'm getting really close to retirement but I feel like there are ways to invest your savings that will largely keep up or exceed inflation rates. I'm not
Going to let that stop me for sure .
Going to let that stop me for sure .
Marcus Brutus said:Cromagnum said:
Pretty bad luck if you are in your retirement years right now.
Well, the good news is that SS is tied to inflation, so they got a gigantic raise.
Have to see the increase to medicare premiums though. It will probably suck up much of the increase for many.
I just paid $11 at Chick-fil-A for a breakfast combo, only added an OJ. It's insanity
zgolfz85 said:
I just paid $11 at Chick-fil-A for a breakfast combo, only added an OJ. It's insanity
I don't eat a ton of fast food, but I do like Chicken E about once / month. It was $9.50 for a combo last week. I swear the same thing cost me $7 and some change a few months back.
I Have Spoken said:zgolfz85 said:
I just paid $11 at Chick-fil-A for a breakfast combo, only added an OJ. It's insanity
I don't eat a ton of fast food, but I do like Chicken E about once / month. It was $9.50 for a combo last week. I swear the same thing cost me $7 and some change a few months back.
Whataburger #1 combo is approaching $9.00.
Inflation is going to kill the restaurant industry
I think I posted elsewhere, but a couple of months ago, I was craving some Rice Box General Tso's Chicken. I hadn't had it in probably over a year. I go to order online for pickup. The total bill come to right about $20. WTF?!! Last time I got it, it was around $14 all-in. I noped right out of there and they lost my business. I just sucked it up and ate whatever boring stuff I had at home.
Even though I can make it last two meals, $20 simply is not worth what it is.
Even though I can make it last two meals, $20 simply is not worth what it is.
So this good news for the economy? Right?
"I'm sure that won't make a bit of difference for those of you who enjoy a baseless rage over the decisions of a few teenagers."
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Jimmy Carter took office in January 1977, unemployment had reached 7.4 percent. Carter responded with an ambitious spending program and called for the Federal Reserve (the Fed) to expand the money supply. Within two years, inflation had climbed to 13.3 percent.
We are on our way to another Carter economy
We are on our way to another Carter economy
We're not on our way. We are there.
Agthatbuilds said:I Have Spoken said:zgolfz85 said:
I just paid $11 at Chick-fil-A for a breakfast combo, only added an OJ. It's insanity
I don't eat a ton of fast food, but I do like Chicken E about once / month. It was $9.50 for a combo last week. I swear the same thing cost me $7 and some change a few months back.
Whataburger #1 combo is approaching $9.00.
Inflation is going to kill the restaurant industry
People will start *****ing about livable minimum wage again since their purchasing power will decrease. Exactly like most people said would happen to them.
I've already seen it. The standard is $20 now. It's just not getting media attention yet as it's not useful to the Democrat agenda at this time.
Well, if you increase the price enough to cover the increase in the cost of materials plus just maintain status quo for your workers' real wages, people just won't buy a good or service, if it's not a necessity. At some point, you can either work at break-even or have no work and have to let everyone go.Tom Kazansky 2012 said:People not in the industry I explain this to say I am full of **** and that I am describing an impossible equation, I am not. It's a challenge but I am still deluded enough to think my company is slightly set up better than others. This **** is crazy though.I Have Spoken said:Tom Kazansky 2012 said:
Small business America, especially manufacturing like ours, is tough sledding. This is also with a 300% increase in sales last year and expecting 200% increase for this year. Still isn't enough even with us raising our prices by about 15%.
I feel all of this. The electronics market is an absolute **** show right now - I'm not even sure we will end up being able to fulfill what is already booked, much less the things we expect to win this year. It sucks. We need to pay more, but then, that is just upping our cost in a market with a ton of pressure already on cost, and hell, even existence of raw materials.
I was in this situation after 9/11/2001. I was in software and consulting to the heavy industries, and they just stopped doing projects.
True, although SS gave a 5+ percent raise this year. Most working stiffs are getting less than that.Cromagnum said:
Pretty bad luck if you are in your retirement years right now.
joerobert_pete06 said:
My HR rep says inflation is at 4.6%. What should I believe ?
Ask her why social security was adjusted up by 5.9%
Cromagnum said:
Pretty bad luck if you are in your retirement years right now.
Retirees should have a decent portfolio if they have saved, invested during the past 15-30 years. If your financial advisor is not putting you in a position to outpace inflation, look for better options. Retirees should have that plus Social Security for a better standard of living than most working folks. The great sin of our modern educational system is not educating people with regard to both nutritional health and the power of investing for financial security.
“If you’re going to have crime it should at least be organized crime”
-Havelock Vetinari
-Havelock Vetinari
UTExan said:Cromagnum said:
Pretty bad luck if you are in your retirement years right now.
Retirees should have a decent portfolio if they have saved, invested during the past 15-30 years. If your financial advisor is not putting you in a position to outpace inflation, look for better options. Retirees should have that plus Social Security for a better standard of living than most working folks. The great sin of our modern educational system is not educating people with regard to both nutritional health and the power of investing for financial security.
The only way to outpace inflation is to be in securities, and, at least in the old world, retirees were typically more loaded into bonds to protect them from the potential drop in the securities markets.
At least that was my understanding. The older you get, the less you risk.
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----------------------------------
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We will never give up our guns Steve, we don't care if there is a mass shooting every day of the week.
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A man with experience is not at the mercy of another man with an opinion.
Texans make the best songwriters because they are the best liars.-Rodney Crowell
We will never give up our guns Steve, we don't care if there is a mass shooting every day of the week.
-BarronVonAwesome
A man with experience is not at the mercy of another man with an opinion.
Wer'e there from an inflation standpoint but not yet from an interest rate standpoint. Not to stagflation yet
ac04 said:SS cost of living adjustment for 2022 will be 5.9%. so unfortunately no, they didn't. still short of the reported CPI which is itself 100% false.Marcus Brutus said:Cromagnum said:
Pretty bad luck if you are in your retirement years right now.
Well, the good news is that SS is tied to inflation, so they got a gigantic raise.
"Social Security recipients will receive an annual cost of living adjustment of 5.9% next year, the largest increase since 1982, the Social Security Administration announced Wednesday.
the term "gigantic" is relative. Highest since 1982.
This should be on every news channel and newspaper. I bet it isn't on ABC, NBC, CBS, CNN, MSNBC.ac04 said:exactly right. blue line represents what inflation would be if it was calculated using the same methodology they used in 1980.Tom Doniphon said:
The reality is about twice of what they're reporting... Biden making Jimmy Carter look like a rank amateur.
Among the latter, under pretence of governing they have divided their nations into two classes, wolves and sheep.”
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
Will kill what's left of the restaurant industry.Agthatbuilds said:I Have Spoken said:zgolfz85 said:
I just paid $11 at Chick-fil-A for a breakfast combo, only added an OJ. It's insanity
I don't eat a ton of fast food, but I do like Chicken E about once / month. It was $9.50 for a combo last week. I swear the same thing cost me $7 and some change a few months back.
Whataburger #1 combo is approaching $9.00.
Inflation is going to kill the restaurant industry
Among the latter, under pretence of governing they have divided their nations into two classes, wolves and sheep.”
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
Thomas Jefferson, Letter to Edward Carrington, January 16, 1787
I bought a box of CCI BR4 Small Rifle Primers for $79 8-months ago.I Have Spoken said:zgolfz85 said:
I just paid $11 at Chick-fil-A for a breakfast combo, only added an OJ. It's insanity
I don't eat a ton of fast food, but I do like Chicken E about once / month. It was $9.50 for a combo last week. I swear the same thing cost me $7 and some change a few months back.
Same box is $99 today (if you can find them on the shelf).
EDIT: 2 years ago that same box was $59
let's go brandon !
HR professionals should be allowed only one, two drawer file cabinet.joerobert_pete06 said:
My HR rep says inflation is at 4.6%. What should I believe ?
Peter Drucker
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