30k per year take home pay not enough to live on?

Anyway......to get by in America today, ya gotta make about 50 grand a year after taxes to be "comfortable."
Since I grew up in the 1950's and 60's, this is freaking me out.

Depends where you live. If California or NYC, it's not enough. If it's some rural area with a relatively low population, it might be enough.

It's called inflation.

That’s why state funded education and health is so important.

@kewpie said
It's called inflation.

A combination of inflation and all the money trickling up to billionaires creating higher prices without higher incomes for the working class

@shavixmir said
That’s why state funded education and health is so important.

Please rephrase, as a state has no money to fund.
They do pay for education through 18 years old. (High School).
Adults. Time for Choice and Decisions.
But, How would they pay for healthcare. Should patients not have skin in the game? You guys really leave posts incomplete. Your post is only one sentence long, you need more sentences.

@shavixmir said
That’s why state funded education and health is so important.

What is 'why'? Don't get you there. You are saying the existence of inflation is why? So then, how is inflation softened, if you will, by having the state fund education and health?. You imply that it would be free, and that the citizens affected by inflation would not have to pay for it?.
??
So,, who would pay for it?

@kewpie said
It's called inflation.

Inflation is oversupply of money, it's caused by goobermint helicopter money.

Hope you don't report my post again like a cry baby.

@wajoma said
Inflation is oversupply of money, it's caused by goobermint helicopter money.

Hope you don't report my post again like a cry baby.

Is that who did that? I can think of nothing more candy-ass than tattle tailing at our age. "I'm going to Aleeeeerrt on you!!!"

I do think that they are constantly angry, something eating at them all the time, and it is normal for them.

"Moderators!!! AvJoe is telling us to be self reliant!!!!"

@wajoma said
Inflation is oversupply of money

No, that's merely one way to cause inflation.

@jj-adams said
Anyway......to get by in America today, ya gotta make about 50 grand a year after taxes to be "comfortable."
Since I grew up in the 1950's and 60's, this is freaking me out.

50 grand a year?

LOL. That would pay half my tuition bills.

@wajoma said
Inflation is oversupply of money, it's caused by goobermint helicopter money.

Hope you don't report my post again like a cry baby.

If everyone’s amount of money was doubled, yes prices would also double, but it wouldn’t matter. So clearly the problem isn’t simply the money supply. It’s about who has the money.

@athousandyoung said
If everyone’s amount of money was doubled, yes prices would also double, but it wouldn’t matter. So clearly the problem isn’t simply the money supply. It’s about who has the money.

Agreed, there is a lag for the effect of over-supply to flow out into the economy. The winners are at the source. In the US you can have the 'fed res isn't a goobermint entity' debate, but all over the world the source of the majic money is goobermint.

Next time you clamour for more goobermint, be aware of what you're clamouring for.

@wajoma said
Agreed, there is a lag for the effect of over-supply to flow out into the economy. The winners are at the source. In the US you can have the 'fed res isn't a goobermint entity' debate, but all over the world the source of the majic money is goobermint.

Next time you clamour for more goobermint, be aware of what you're clamouring for.

Since billionaires keep getting richer we can see that they are the ones winning. Unless you think Elon Musk and Jeff Bezos got their money from government printing presses your argument does not hold up.

@athousandyoung said
Since billionaires keep getting richer we can see that they are the ones winning. Unless you think Elon Musk and Jeff Bezos got their money from government printing presses your argument does not hold up.

They're near the source. Musk has accepted millions in goobermint grants for the greenie cars. It comes at a cost, there has to be some back-flow, multi million dollar election campaigns in a competition to elect the biggest liars.

ATY says: Since billionaires keep getting richer.

But are they? A billion dollars isn't worth the same as a billion dollars only a month ago. If you held a billion dollars for a month, didn't invest it, you'd be crying at the lose of value. You could buy a house with the equivalent lose in value. 'Tax the rich tax the rich.' cries ATY.

Inflation is a tax on anyone that holds a dollar.