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Inflation and Shortage Observations

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7 hours ago, lynched1 said:

Stap in. We're going for a ride.

Might be a good time to consider splitting the aces.

I'll be fine, don't worry about me junior.

Maybe consider spending less time drinking vodka while pretending to drink water.

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WSJ: November Employment Report Shows U.S. Economy Added 263,000 Jobs 

November job growth was roughly in line with the previous three months, when payrolls grew an average of 282,000 a month. Job growth continues to exceed the 2019 monthly average of 164,000, though gains have slowed from the first half of the year.

The job market has remained resilient this year, with employers still seeking to hire despite an uncertain economic outlook and elevated recession fears. Low unemployment and wage gains have helped fuel consumer spending, the economy’s main engine.

One big question is how long that strength can last as the Federal Reserve aggressively raises interest rates to tame inflation. Some companies in technology, entertainment and real estate are laying off workers, but demand for workers continues to outpace the number of unemployed people looking for work.

Wages are still rising, which is good for the worker but probably means the Fed will remain aggressive on rate hikes. 

Even the Fed can't stop Biden's economic choo-choo!

7 hours ago, JohnSnowsHair said:

I'll be fine, don't worry about me junior.

Maybe consider spending less time drinking vodka while pretending to drink water.

I can manage both boomer.

12 hours ago, Bwestbrook36 said:

Both those articles are over a year old. 

Damn, unusually check that ish. It is 2022 isn’t it?  

 

The cost of the bombers remains unknown — although it was projected to cost approximately $550 million each in 2010 dollars, or about $750 million in today's inflation-adjust dollars —

Your money is worth 25% less than it was just 12 years ago.

48 minutes ago, Mlodj said:

 

So dumb…

but not unexpected

25 minutes ago, ToastJenkins said:

So dumb…

but not unexpected

They're planting amnesty seeds all over the media lately. They're starting on sperm counts now.

4 hours ago, lynched1 said:

I can manage both boomer.

I was born in the late 70s loser.

39 minutes ago, JohnSnowsHair said:

I was born in the late 70s loser.

They don't get calenders, remember?

1 hour ago, JohnSnowsHair said:

I was born in the late 70s loser.

Ok there CVON millionaire. 🤣

1 hour ago, lynched1 said:

Ok there CVON millionaire. 🤣

Having a seven-figure net worth isn't exactly some unattainable amount. For someone who's been working for 25 years, especially for dual income households, simply tucking away 15-20% of gross pay every year and investing it in index funds should get most people almost all the way there already.

28 minutes ago, we_gotta_believe said:

Having a seven-figure net worth isn't exactly some unattainable amount. For someone who's been working for 25 years, especially for dual income households, simply tucking away 20% of gross pay every year and investing it in index funds should get most people almost all the way there already.

I was an F"up until my early 20's and I made it with room to spare. 

5 hours ago, lynched1 said:

Ok there CVON millionaire. 🤣

I'm not even sure what kind of point you're trying to make here. I'm young genX. Never claimed to be a "millionaire," not that being a millionaire is some major feat now. I'm doing quite fine and count myself lucky.

Sober up and try making more sense.

4 hours ago, we_gotta_believe said:

Having a seven-figure net worth isn't exactly some unattainable amount. For someone who's been working for 25 years, especially for dual income households, simply tucking away 15-20% of gross pay every year and investing it in index funds should get most people almost all the way there already.

I wish I wasn't as frivolous in my youth, but yeah being a "millionaire" is pretty accessible to most making decent money. 

It's also not nearly good enough to retire comfortably for our generation.

5 hours ago, JohnSnowsHair said:

I wish I wasn't as frivolous in my youth, but yeah being a "millionaire" is pretty accessible to most making decent money. 

It's also not nearly good enough to retire comfortably for our generation.

Nope, not even close.

19 hours ago, JohnSnowsHair said:

I wish I wasn't as frivolous in my youth, but yeah being a "millionaire" is pretty accessible to most making decent money. 

It's also not nearly good enough to retire comfortably for our generation.

"Wasted on the Way"

Crosby, Stills, & Nash 

On 12/3/2022 at 3:11 AM, JohnSnowsHair said:

I'm not even sure what kind of point you're trying to make here. I'm young genX. Never claimed to be a "millionaire," not that being a millionaire is some major feat now. I'm doing quite fine and count myself lucky.

Sober up and try making more sense.

I couldn't beat sense into you with a 5lb mini sledge. 

Just now, lynched1 said:

I could beat sense into you with a 5lb mini sledge. 

Because that's the heaviest thing those toothpick arms could lift? :roll:

Just now, we_gotta_believe said:

Because that's the heaviest thing those toothpick arms could lift? :roll:

No. It's the size to weight ratio. All about speed, control, and balance. 

Three items you fat people struggle with.

2 minutes ago, lynched1 said:

No. It's the size to weight ratio. All about speed, control, and balance. 

Three items you fat people struggle with.

So if you want to open a jar of mayonnaise when your wife's not home, do you have to ask a neighbor?

ConcreteQuickHog-size_restricted.gif

1 minute ago, we_gotta_believe said:

So if you want to open a jar of mayonnaise when your wife's not home, do you have to ask a neighbor?

Familiar problem in your household? 

I open the occasional salsa jar for her but she manages just fine on her own most of time. 

On 12/3/2022 at 10:39 PM, lynched1 said:

"Wasted on the Way"

Crosby, Stills, & Nash 

Tired of lying in the sunshine, staying home to watch the rain
You are young and life is long, and there is time to kill today
And then one day you find ten years have got behind you
No one told you when to run, you missed the starting gun

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