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I'd say this is an accurate summary of what I see has been going on with the economy. There is no prosperity for the majority of US citizens. Wages/income has been flatlined, coupled with a steady increase in food and fuel prices. The majority of US households are overloaded in debt, a paycheck to paycheck struggle to ...more
I agree! The affordability of a "modestly" priced pickup truck is way out of the reach of the average wage earner. Without a truck, the abilities to do things for yourself around the house, trips to the lumberyard and things like that cannot be done. I've owned 3 trucks in my lifetime. I'm in my late 50s now, and I sur...more
Not Rocket Science. The erosion of disposable income started in the 1980s. Since then we have had some ups, though few and far between, and more downs. Employers have taken a hard line on wage increases over the past 30 years or so, and prices have gone up on EVERYTHING! The past 10 years or better, jobs and industrie...more
Agree! I too, have worked hard and perservered all these years since 1970. The last job I had I lost to someone who needed the job more than I did. My boss's "Golfing buddies" nephew needed a job more than I do and besides all that his secretary was backstabbing me. Office politics in a small business is difficult to p...more
The bulk of the equation is that "spending power" has been eroded. Inflation, reduction in incomes has put people in the positions that when they shop for cars, appliances and things like that, there always seems to be a shortage of money. For example someone is saving for a new washer/dryer, and everytime you turn ar...more
What ever happened to "Prosperity?" Anyone who is "fortunate enough" to have employment, are not receiving any pay raises, those like me who have been "out for more than a few" have no disposable income. Outsoucing along with cheap labor from Mexico as an end result of lack of anything that resembles the way of life t...more
My heart goes out to you! I know in order to qualify for the disability you have to have serious problems. I think that its a shame that other people like me, (turning 59 in June) are unable to take an early SS payment. 62 is a long way off when the money is tight. My Wifeyfriend is on SSDI due to Rhumatoid Arthritis,...more