Talk of The Villages Florida - View Single Post - Slowdown or recession?
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Old 08-18-2019, 02:29 PM
Boomer Boomer is offline
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Quote:
Originally Posted by graciegirl View Post
We got ours and they can get theirs but it is going to take some new skills like doing without and not buying unnecessary things and learning to save when they don't have much money. Not going on vacation, not going to musical events, and not having expensive food either out or at home. Not updating expensive phones, not getting tattoos, not buying on time.

In fact that is just how we did it.

Actually, Gracie, you will be surprised that I partially agree with what you said in the above quote — but only to the extent that what you say about bad money habits applies only to some of the people all of the time. But broad brush painting with generalizations is not something I ever agree with.

Overall, I remain of the opinion that the deck is stacked against generations behind us.

While the Orwellian talkers on television tout the unemployment rate, nobody ever talks about what kind of jobs those are and if there are healthcare benefits. Then they talk about the wonders of corporate tax cuts — which corps are using a large percentage of for stock buybacks. Thus, the market.

We are being had. And it has been oh soooo easy.