Quote:
Originally Posted by kcrazorbackfan
Wow, $.88 per day. The end of civilization as we know it.
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True when you look at it in isolation. I would agree. But what most of us miss, I think, is seeing EACH financial item in our lives, food, gasoline, price of tires, insurance premiums, property taxes, even the price of a pair of shoes, in an isolated frame. Oh, gosh, milk has gone up 65% and eggs have increased 200% percent. Taxes "only" rose 20%, and fire or ambulance service only increased by $.88 per day. Then suddenly, as a retired relative of ours said a week ago, "SUDDENLY" you realize that it's all going over the cliff. No matter how careful you are with your S.S., or your retirement pension (if you have one), or with your savings (if you've managed to have that in addition to S.S. or a pension from a job, the light bulb comes on, you realize it's NOT the $.88 per day X 365, it's ALL the $.88 per day X every item in your life, from food, to clothing to new shingles or new shoes. When people say, it's ONLY $.88 more per day, less than $320.00, they are engaging in very short sighted thinking, and for most people that can be tragic. Most seniors have no way to work more hours, increase their income, obtain raises and promotions. The present economic picture is not a happy one for many of us for sure.