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Inflation-induced revolutionary retribution: 77% of Americans live paycheck to paycheck....

 
Anonymous Coward
User ID: 1137015
United States
10/21/2010 07:05 AM
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Inflation-induced revolutionary retribution: 77% of Americans live paycheck to paycheck....
Are You Living Paycheck-to-Paycheck?
Sacramento Business Journal - by Ron Trujillo
Date: Friday, September 3, 2010, 4:45pm PDT - Last Modified: Saturday, October 16, 2010, 3:12am PDT

Are you feeling a bit stressed about the electric bill or the mortgage?

Well, you’re not alone.

In fact, almost four of every five employees say they live paycheck-to-paycheck, and 20 percent have missed payments on bills during the past year.


About 77 percent of employees live paycheck-to-paycheck in order to make ends meet, a dramatic increase from the 61 percent in 2009,

[link to www.bizjournals.com]
Anonymous Coward
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10/21/2010 07:14 AM
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Re: Inflation-induced revolutionary retribution: 77% of Americans live paycheck to paycheck....
Who gives a shit, that's probably because 80% of THOSE people live well beyond their means.

People are so stupid.
Anonymous Coward
User ID: 1137096
United States
10/21/2010 07:51 AM
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Re: Inflation-induced revolutionary retribution: 77% of Americans live paycheck to paycheck....
Who gives a shit, that's probably because 80% of THOSE people live well beyond their means.

People are so stupid.
 Quoting: Anonymous Coward 1137114


And you don't see a connection between that and inflation?

You're aware that in an inflationary environment, the longer you hold onto your money the less it is worth?

I wonder if that could be having any impact..
Anonymous Coward (OP)
User ID: 1137015
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10/21/2010 08:02 AM
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Re: Inflation-induced revolutionary retribution: 77% of Americans live paycheck to paycheck....
Who gives a shit, that's probably because 80% of THOSE people live well beyond their means.

People are so stupid.


And you don't see a connection between that and inflation?

You're aware that in an inflationary environment, the longer you hold onto your money the less it is worth?

I wonder if that could be having any impact..
 Quoting: Anonymous Coward 1137096



With the FED now getting ready to move towards driving inflation up, expect higher prices and even more desperate conditions to develop. Coupled to a Repulican-controlled house and the fact that they will not pass 'safety net' bills, things are going to heat up quickly.
BRIEF AND TO THE POINT

User ID: 381742
United States
10/21/2010 08:09 AM
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Re: Inflation-induced revolutionary retribution: 77% of Americans live paycheck to paycheck....
Who gives a shit, that's probably because 80% of THOSE people live well beyond their means.

People are so stupid.
 Quoting: Anonymous Coward 1137114


Yup, my accountant called me the other day and asked if I forgot to pay myself...So,I looked through the online banking register and sure enough I didn't transfer the money...
Poor people do poor people things, and rich people do rich people things.

You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.

What one person receives without working for, another person must work for without receiving.

The government cannot give to anybody anything that the government does not first take from somebody else.

When half of the people get the idea that they do not have to work because the other half is going to take care of them, and the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation.

You cannot multiply wealth by dividing it!

when you rob Paul to give to Peter ... ... ... you will always get Peters support!

:Brieffromnativea:





GLP