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Honored Contributor
Posts: 11,063
Registered: ‎10-01-2013

Oh great, now we have a dictionary posting here. I an quite capable of knowing the definitions of words. Some people just can't help themselves.

Honored Contributor
Posts: 13,560
Registered: ‎03-09-2010

@scatcat wrote:

Minimum wage by me has increased significantly with some stores (ie Target) paying more than minimum wage ($16/hour). 

Someone has to pay for the increased wages,  

 

ETA - we are quite happy with the high interest rates on our CD's and saving account. 



@scatcat - I renewed a cd this morning. 5.30%. After years of .01% I'm very happy. But I know those rates will start to fall. 


Why is it, when I have a 50/50 guess at something, I'm always 100% wrong?
Respected Contributor
Posts: 3,547
Registered: ‎03-09-2010

@gidgetgh wrote:

@scatcat wrote:

Minimum wage by me has increased significantly with some stores (ie Target) paying more than minimum wage ($16/hour). 

Someone has to pay for the increased wages,  

 

ETA - we are quite happy with the high interest rates on our CD's and saving account. 



@scatcat - I renewed a cd this morning. 5.30%. After years of .01% I'm very happy. But I know those rates will start to fall. 


@gidgetgh WOW! That is really a great rate. I renewed one yesterday but got 5% which I was very happy with for a 9 month term. Can I ask what bank you used?


'I refuse to engage in a battle of wits with an unarmed man'.......Unknown
Honored Contributor
Posts: 16,495
Registered: ‎03-09-2010

@Lakelife62 wrote:

Never a good idea to bet against the US.

Most patriots want to see the improvement. If you're interested in killing democracy, you cross your fingers for the US to fail.

I know what side I'm on.


Left or right I would think that most Americans want the best for the country, their communities and their families & friends.

Honored Contributor
Posts: 13,560
Registered: ‎03-09-2010

@reiki604 wrote:

@gidgetgh wrote:

@scatcat wrote:

Minimum wage by me has increased significantly with some stores (ie Target) paying more than minimum wage ($16/hour). 

Someone has to pay for the increased wages,  

 

ETA - we are quite happy with the high interest rates on our CD's and saving account. 



@scatcat - I renewed a cd this morning. 5.30%. After years of .01% I'm very happy. But I know those rates will start to fall. 


@gidgetgh WOW! That is really a great rate. I renewed one yesterday but got 5% which I was very happy with for a 9 month term. Can I ask what bank you used?



@reiki604 - Georgia's Own Credit Union.  And I just re-checked. It was actually 5.25%. 12 month term. 


Why is it, when I have a 50/50 guess at something, I'm always 100% wrong?
Respected Contributor
Posts: 2,625
Registered: ‎05-09-2023

@haddon9 wrote:

@Lakelife62 wrote:

Never a good idea to bet against the US.

Most patriots want to see the improvement. If you're interested in killing democracy, you cross your fingers for the US to fail.

I know what side I'm on.


Left or right I would think that most Americans want the best for the country, their communities and their families & friends.


Yes, you would think. But obviously it's not so across the board. Pun intended Smiley Wink

 

Honored Contributor
Posts: 68,090
Registered: ‎03-10-2010

@Oznell wrote:

There's a sinking sense among many, that the inflation that has sent grocery prices soaring--  I can't shop weekly without continued sticker shock at paper goods, food, so many items that were reasonable just a few years ago--  will never fully retreat.  There will be a new "normal".   The happy talk from some in the media simply does not match what's here on the ground in a number of sectors, and it engenders mistrust.

 


@Oznell  Obviously, a number of folks agree with you, as do I. Positive economic news is always welcome, as are positive economic indicators. That said, until the good news is seen and felt by average Americans living their daily lives we, understandably, reserve judgment. Moreover, while numbers don't necessarily lie, they certainly can be spun in different ways, depending on the agenda being promoted. I think you're absolutely correct, prices, overall, will not retreat. Once anything reaches higher ground, odds are it will stay there, though there will be some exceptions.


In my pantry with my cupcakes...
Honored Contributor
Posts: 13,990
Registered: ‎03-09-2010

@RetRN wrote:

So many gullible folks with no clue as to what is really happening. They will believe any nonsense they come across that meets their agendas.


The influence an agenda can hold over a person's behavior is a scary reality. 

Esteemed Contributor
Posts: 7,900
Registered: ‎03-11-2010

Of course I am happy about yesterday's news BUT I can't help to feel the loss of 3 years and what could of been. For me it feels like 1 step forward and 1 step back as far as my retirement stocks. I am not ready to hand out much praise for what was preventable in the first place. But yes it is good news. Now as far as daily expenses , which is another subject because many people don't have ANY money to invest in the stock market, inflation is devastating to the working poor. I can give credit where credit is due but way too early IMO. As far as opposing views and "how we can't just help ourselves " you knew exactly what was going to happen. Why the pretense?

Wrong is still wrong just because you benefited from it.
Esteemed Contributor
Posts: 6,242
Registered: ‎05-24-2010

@Oznell wrote:

There's a sinking sense among many, that the inflation that has sent grocery prices soaring--  I can't shop weekly without continued sticker shock at paper goods, food, so many items that were reasonable just a few years ago--  will never fully retreat.  There will be a new "normal".   The happy talk from some in the media simply does not match what's here on the ground in a number of sectors, and it engenders mistrust.

 

 

You nailed this one. @Oznell  It does not match up. Everything looks good in theory, but in practice not so much.