Printing too much money is also a cause which is definitely the gov. The COVID stimulus checks helped also.
Consumer confidence cratering ....
- Thread starter MitchLL
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Back in the 70s when the market crashed we couldn't make changes in the 401k until the quarter ended, Lost a shithouse in 2 months. That was the last time i went all in on stocks., but i know now that can't happen again since you can move daily.
Depends. I reallocated to a money market and they put me on timeout for 30 days. So you can pull the ripcord at any time, but for lots of funds and fund managers like vanguard you can’t get back in immediately.
I can see you're having a difficult time accepting you were duped ..BIG TIME.
We tried telling you Trump's policies were inflationary.
But you buried your head in the sand and here we are.
Fvck you clowns for this mess. Hope you lose your collective asses.
Your situation is broadly not allowable unless it is specific to your retirement plan. And I doubt it is. I laughed at something very likely not true. There is much more to your story if it is true.
hawkeyetraveler
HB Heisman
Sharky, Trump’s policies WILL make prices higher and I have seen no sign that anything he does will drive an increase in wage growth. Hell he is going to put hundreds of thousands of white collar workers into the job market. That will likely depress wage growth.
Well then you are a moron. Read up on vanguard administered 401k plans. Why would anyone make up something about such a mundane topic?
The only way Trump's policies drive wage growth is if deporting immigrants creates a labor shortage and employers have to increase wages to steal workers from other companies.
That's inflationary by definition because consumer prices go up to compensate for those higher wages.
Lose/lose. The end result isn't good.
The last month reinforces what I have known firsthand for many years…
My finances (savings and retirement) do much better when Democrats are in office than when Republicans are in charge. It’s plainer than the nose in my face. Bill Clinton, Barrach Obama and Joe Biden have been very, very good to me. Junior was a disaster and Trump 1 was at best a “break-evener” for me. Trump 2…..I hope someone straightens him very soon.
My finances (savings and retirement) do much better when Democrats are in office than when Republicans are in charge. It’s plainer than the nose in my face. Bill Clinton, Barrach Obama and Joe Biden have been very, very good to me. Junior was a disaster and Trump 1 was at best a “break-evener” for me. Trump 2…..I hope someone straightens him very soon.
Sharky…. Most Americans I know have been living “month to month” all my life. Most folks I have lived around (homeowners included) ) could not write a $1000 check and be assured it would clear the bank…honestly I was probably in my 40’s before I could do so. What is sad to me is that 35 years later, this hasn’t changed much.
So you really believe Trump has the middle and lower class interests at heart? Trump is all about himself, first and foremost. The only thing that hasn’t changed about Trump is that he is a narcissistic asshole , 1st class. Other than that, I am sure he is just what you need.
The vast majority of economists predicted Trump's policies and tariff threats would fuel inflation during last fall's Presidential campaign.
What is happening now shouldn't surprise anyone that was paying attention.
But Radical Right media will be working overtime to pin this on Biden.
What is happening now shouldn't surprise anyone that was paying attention.
But Radical Right media will be working overtime to pin this on Biden.
Brilliant. You nailed that Lib to the wall by questioning his retirement plan, even though you don't know what specific plan it is or his employment status, and you tucked in a nod to a conspiracy that perhaps he's hiding something. Just brilliant.
He’s kind come out of nowhere be in my top 5 posters I dislike. He’s a Russian, a Russian sympathizer, or Putin’s/trump’s useful idiot - not sure which one. This is aside from any nonsensical and uninformed opinion he has about my retirement plan.
Brilliant. You nailed that Lib to the wall by questioning his retirement plan, even though you don't know what specific plan it is or his employment status, and you tucked in a nod to a conspiracy that perhaps he's hiding something. Just brilliant.
Factually incorrect.
Wage growth has exceeded inflation since Jan of 2023.
2022 saw inflation blow up and wages could not keep up.
A major component of inflation is wages and in 2021 wage growth hit an all time high briefly and that along with supply chain constraints lit the fire under inflation.
When posters, such as yourself and the OP, post a steady stream of false information it gets pretty easy to start to pick apart every post.
Brilliant. You nailed that Lib to the wall by questioning his retirement plan, even though you don't know what specific plan it is or his employment status, and you tucked in a nod to a conspiracy that perhaps he's hiding something. Just brilliant.
Just like in real life, no one really cares what you think.
Except, inflation was worse in other countries that were not the US.
So, that sad, tired argument you and others have posted on here simply doesn't add up.
OMG!!!
THERE WAS A SALE!!!!
I bought a tub of ice cream a week or so ago for $3.
This week it's $2 (w/ a coupon)
I'm sure in a few more weeks it oughtta be down to $0.50 or $0.75, Amirite???
We've already been informed that irrigation repairs around our communities this summer will (likely) have a 25% price hike on parts, due to the tariffs and threats of them. Of course, that wasn't budgeted in last year's estimates, so will probably be a 5-10% overall cost increase for our landscape maintenance.
How'd that cause higher inflation in other Western countries then?
Do your "authors" address that point, at all?
Those 5k doge checks will carry that water
They're up to $1.50 at the moment.
With more being taken away as they have to "unfire" people.
That money was printed and allocated to much more wasteful causes a long time ago. Rather see a portion of that waste go to tax payers as a minor stimulus while the majority goes to paying down the debt. Much more work to do but I love what I'm seeing as a starting point.
Speaking of waste — I can't believe I wasted so many years of my life without knowing that Arnold Palmer had a huge cock until Trump told us.
- Sep 13, 2002
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I ever tell you the one about the HBOT poster named Scruddbuddy with the 2 inch cock? Looks like a dwarf's thumb!
He's in the Press Box. So is Abby, shockingly enough. Not a bot, which is perhaps even sadder.
GH is an old, extremely angry man who main lines the "real news" that Fox is too soft to cover
And your posts are devoid of facts. Which has already proven on more than one occasion.
