[Nucky]

It is my lives experience that them that have the mostest, cry the mostest.

To answer the OP it is impossible to fully and clearly answer your entire post because it is against the rules of our Forum. There is always a way to make it. ALWAYS!

[golfing eagles]

Originally Posted by charlieo1126@gmail.com

rates were 16.63 and stayed there and we all survived, and I’m sure no one blamed Ronnie for it either

You spelled J-I-M-M-Y wrong

[Aces4]

Originally Posted by charlieo1126@gmail.com

rates were 16.63 and stayed there and we all survived, and I’m sure no one blamed Ronnie for it either

There you go, interest rates where they needed to be. We paid 17% for one year and that’s what it took for our economy. It corrected when things improved but that isn’t happening anymore from either party. You made my point.

Get ready for UBI people, it’s coming.

[charlieo1126@gmail.com]

Yes let’s choke the economy send us into a recession before we even come back from Covid , no one buys homes , cars , people who work getting eaten up with gas bill what do we care we still get a check and a cola ands it’s a whole different economy then it was back then but you know let’s wish Herbert Hoover was President again the good old days

[Aces4]

Originally Posted by charlieo1126@gmail.com

Yes let’s choke the economy send us into a recession before we even come back from Covid , no one buys homes , cars , people who work getting eaten up with gas bill what do we care we still get a check and a cola ands it’s a whole different economy then it was back then but you know let’s wish Herbert Hoover was President again the good old days

The economy is coking, gagging and gasping. You realize the American economy includes the national debt which is out of control and I blame both parties so this isn’t political. It’s the health of our nation but people can’t see the big picture.

[JMintzer]

Originally Posted by charlieo1126@gmail.com

what about the slow nights when that same server makes half that or the manager cuts there shifts or just gets rid of them for people he knows , did they get any shifts during Covid or how about when there child gets sick and they have to stay home and not get paid.and how many older servers do you see around in there late 40’s or 50’s and the bartenders male or female who don’t have a certain look anymore (like being old or not attractive)and out they go, this happens everywhere .I eat out mosts night wherever I am and I’m friends with many service people from what I have observed and the stories I’ve been told of all the places I’ve lived there more people here that undertip not a lot but more then I would have thought, I’m saying this from my own observations and from servers and bartenders that are just casual friends but also from some woman I have dated here.So I’ll go on being a sucker and over tip these people that are getting rich while I struggle along on my fixed income ,? Oh poor me I live in the villages , I don’t have to work , gas went up, milk is almost $10 a quart , I can’t go to Publix , hmmm I know where I can cutback I’ll go to a nice restaurant and when the bill comes do I’ll leave 10% because in the old day I worked for a dollar an hour

Don't know why you responded to me, because I never tried to push any of those points...

But sure, rant away...

[JMintzer]

Originally Posted by Two Bills

Governments do not set gas prices.
Demand, and how much comes out of the ground decides what a gallon costs.

Governments set policy which most certainly effects gas prices...

[JMintzer]

Originally Posted by charlieo1126@gmail.com

No one said it’s not a problem and there will be some problems ahead well I am the age I say I am and your welcome to see my birth certificate for $100 the blame that it’s all happening in a year is ridiculous , where we’re all the gloom and doom people last year and I remember all the tough times but I never remember a plague in my lifetime which called for more spending by both guys to help things get better , we should stop just thinking of ourselves and worry about those who come after us a little when my father was getting beat on Union picket lines all over USA in the 1930’s he was asked many times why he did it and it wasn’t helping him , he always said it was for the greater good not just for him but those who came after him

How's the view from up on that high horse?

[jimjamuser]

Originally Posted by lkagele

Actually, it's not really a good summary. Yes, you can point to certain categories where inflation is due to unusual factors like supply chain issues. The real problem, however, is the government spends more than it brings in. The government issues debt (treasury bonds) and the Federal Reserve buys the government debt simply by printing money out of thin air.

Currently, the Fed is buying $120 billion worth of treasurers per month. The Fed does this by simply printing money with absolutely nothing to back those new dollars. So, with the addition of all those new dollars, the existing dollars are diluted resulting in an increase (inflation) in the cost of everything. $10 dollars used to buy one widget but now because of the artificially produced dollars, it take $11 dollars to buy that widget. As government excess continues, next month it will be $12.

The more government spends beyond what it takes in, the higher the inflation rate is going to be. If you think it's bad now, just wait until these political idiots pass the infrastructure bill. Think about this. How long would it be before you would have to declare bankruptcy if you spent 20 or 30% more each year than you made?

IMO, the best investments right now are gold, silver, canned goods and ammunition.

...... I think that a little research would quickly show which series of years produced the most National Debt. It might be a surprise. And while doing that - another good - "look up" would be which series of years produced the greatest year-over-year increases in GNP. That's Gross National Product for those that NEVER watch the financial shows like fast money.

[JMintzer]

Originally Posted by charlieo1126@gmail.com

rates were 16.63 and stayed there and we all survived, and I’m sure no one blamed Ronnie for it either

Wrong, as usual...


1976 4.9% 4.75% Expansion (5.4%)

Carter elected

1977 6.7% 6.50% Expansion (4.6%)
1978 9.0% 10.00% Expansion (5.5%)
1979 13.3% 12.00% Expansion (3.2%)
1980 12.5% 18.00% Jan. peak (-0.3%) Recession

Reagan elected

1981 8.9% 12.00% July trough (2.5%) Reagan tax cut
1982 3.8% 8.50% November (-1.8%) Recession ended
1983 3.8% 9.25% Expansion (4.6%) Military spending
1984 3.9% 8.25% Expansion (7.2%)

[JMintzer]

Originally Posted by Aces4

There you go, interest rates where they needed to be. We paid 17% for one year and that’s what it took for our economy. It corrected when things improved but that isn’t happening anymore from either party. You made my point.

Get ready for UBI people, it’s coming.

You forgot about the tax cuts that were passed...

[charlieo1126@gmail.com]

Originally Posted by JMintzer

Wrong, as usual...


1976 4.9% 4.75% Expansion (5.4%)

Carter elected

1977 6.7% 6.50% Expansion (4.6%)
1978 9.0% 10.00% Expansion (5.5%)
1979 13.3% 12.00% Expansion (3.2%)
1980 12.5% 18.00% Jan. peak (-0.3%) Recession

Reagan elected

1981 8.9% 12.00% July trough (2.5%) Reagan tax cut
1982 3.8% 8.50% November (-1.8%) Recession ended
1983 3.8% 9.25% Expansion (4.6%) Military spending
1984 3.9% 8.25% Expansion (7.2%)

year had highest interest rate and what it went to and it comes up 16..33 I don’t know where you were in the 80’s but they stayed pretty high that whole decade and Ronnie left with one big deficit

[IMPidd]

Why is this happening? Has the been any MAJOR change in the Country in past 12 months? Something MUST have changed?

[jimjamuser]

Originally Posted by nn0wheremann

Florida minimum wage on October 1 just went to $10 from $8.65, a 15.6% increase. Adjust your tip accordingly, unless the service was exceptionally good, or you think you can afford a 20% tip.

Personally I wish restaurants would train their people properly, pay them well, charge an appropriate price, and eliminate tipping.

Publix discourages tipping its employees. No one would tip the guy at Ace hardware for taking you to aisle umpteen and showing you where the widgets are displayed. So why do we tip waitstaff?

I agree with that, tipping is subjective and not scientific or logical. Seems to me like a holdover from some dark ages where Kings and Queens gave out pittances to their starving and begging slave/ serfs. A time when serf was NOT up!

[JMintzer]

Originally Posted by charlieo1126@gmail.com

year had highest interest rate and what it went to and it comes up 16..33 I don’t know where you were in the 80’s but they stayed pretty high that whole decade and Ronnie left with one big deficit

You spelled "Jimmy" wrong... "Ronnie" caused it to go down, even with his Cold War spending that crushed the former Soviet Union...