And the kid would prefer a 4.8% inflation rate? Back in the so called good ole days, all my raises rarely kept up with inflation. Now with Social Security, I’m living on easy street.
No, the U.S. inflation rate is not 4.8%. It’s way below that, at 3.6%, despite what Republican propaganda will tell you. And average wage growth in the U.S. is 4.5%.
We will continue to have problems when CEOs give themselves much bigger pay raises than the peons who work for them.
I was at one meeting when the CEO of a company (now holding a high government post relating to mail delivery) said, “I like this new salary plan. Now the workers can (use synonym for fornicate here) me for much less money.”
My question is did all politicians skip math and or accounting classes in either grade school or high school, or maybe they were the bullies and took everyone’s lunch money so they never had to understand that you can’t spend more than you take in?
Ages ago we had high inflation in the US and the company I worked for gave us a raise that didn’t even begin to meet inflation. Some raise. The same company paid low wages I work there so I could get experience as a secretary and move on which is what everybody else did. They moaned why do we have such a high turnover we have great benefits and folks said you can’t eat benefits
the ant-child is wrong. He’d rather see a loss of 4.8% buying power on his allowance vs a 2.8% loss.
realize the loss from inflation already happened. refusing an increase because it isn’t enough is losing money – getting partway there is better than no way there (outside of extremist politics… which wants all or nothing so they can complain).
Farside99 8 months ago
ALL kids need to go to that camp! It’s obvious some politicians didn’t get there, so maybe their kids can explain it to them.
angelolady Premium Member 8 months ago
Love the eyelashes on the mom ant.
TexTech 8 months ago
Hey dad, since he doesn’t like the increase tell him he isn’t going to get it.
cdward 8 months ago
I remember my dad saying he was going to double our allowance. Still equaled zero, of course.
Count Olaf Premium Member 8 months ago
Like raising the price of something 30% and having a 20% off sale.
jslabotnik 8 months ago
Kid got a better raise vs. inflation than I
preacherman Premium Member 8 months ago
And the kid would prefer a 4.8% inflation rate? Back in the so called good ole days, all my raises rarely kept up with inflation. Now with Social Security, I’m living on easy street.
Eric Klein 8 months ago
Ok so no increase. That means you lose 4.8% spending value. Happy?
Ed The Red Premium Member 8 months ago
No, the U.S. inflation rate is not 4.8%. It’s way below that, at 3.6%, despite what Republican propaganda will tell you. And average wage growth in the U.S. is 4.5%.
rockyridge1977 8 months ago
Hard to win these days!!!!!!
MRC112 8 months ago
I’ve effectively had a pay cut for the last couple of decades as it’s hardly ever above inflation.
mindjob 8 months ago
Nobody complains about inflation anymore, we just suck it up
dflak 8 months ago
We will continue to have problems when CEOs give themselves much bigger pay raises than the peons who work for them.
I was at one meeting when the CEO of a company (now holding a high government post relating to mail delivery) said, “I like this new salary plan. Now the workers can (use synonym for fornicate here) me for much less money.”
rugeirn 8 months ago
Knowledge is power.
rshive 8 months ago
But he’ll throw in a swing set to placate the kid.
flemmingo 8 months ago
News says government said inflation was ONLY 3.8% for March. Hey that sounds good but that’s added to the other 3.+ % from prior months.
johnaapc 8 months ago
welcome to the real world kid, small raise taken back by healthcare increases = a pay lowering
LONNYMARQUEZ 8 months ago
My question is did all politicians skip math and or accounting classes in either grade school or high school, or maybe they were the bullies and took everyone’s lunch money so they never had to understand that you can’t spend more than you take in?
zeexenon 8 months ago
The Fed is doing a pip-pip job in controlling it. Maybe we should do what Mexico did … simply toss the useless currency and print another.
tammyspeakslife Premium Member 8 months ago
“Son, I’ve decided you’re old enough to get a job. You’re cut off!”
ComicsBinger Premium Member 8 months ago
Ages ago we had high inflation in the US and the company I worked for gave us a raise that didn’t even begin to meet inflation. Some raise. The same company paid low wages I work there so I could get experience as a secretary and move on which is what everybody else did. They moaned why do we have such a high turnover we have great benefits and folks said you can’t eat benefits
Silence Dogood Premium Member 8 months ago
Another lazy, cheap shot…Inflation! Ha! Ha! Blame whoever you hate most! Ha! Ha!
David Huie Green LoveJoyAndPeace 8 months ago
“I have reduced the cut in your allowance only 2.8% rather than 4.8% if you prefer.”
pchemcat 8 months ago
You are lucky to receive an allowance.
Timothy Madigan Premium Member 8 months ago
the ant-child is wrong. He’d rather see a loss of 4.8% buying power on his allowance vs a 2.8% loss.
realize the loss from inflation already happened. refusing an increase because it isn’t enough is losing money – getting partway there is better than no way there (outside of extremist politics… which wants all or nothing so they can complain).
mistercatworks 7 months ago
If they hadn’t spent all that money on the camp, it would be a 5% raise.
Jack Bell Premium Member 7 months ago
Fine. Forget the raise then.