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 about 1 month 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 about 1 month ago
Love the eyelashes on the mom ant.
TexTech about 1 month ago
Hey dad, since he doesn’t like the increase tell him he isn’t going to get it.
cdward about 1 month ago
I remember my dad saying he was going to double our allowance. Still equaled zero, of course.
Count Olaf Premium Member about 1 month ago
Like raising the price of something 30% and having a 20% off sale.
jslabotnik about 1 month ago
Kid got a better raise vs. inflation than I
preacherman about 1 month 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 about 1 month ago
Ok so no increase. That means you lose 4.8% spending value. Happy?
Ed The Red Premium Member about 1 month 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 about 1 month ago
Hard to win these days!!!!!!
MRC112 about 1 month ago
I’ve effectively had a pay cut for the last couple of decades as it’s hardly ever above inflation.
mindjob about 1 month ago
Nobody complains about inflation anymore, we just suck it up
dflak about 1 month 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 about 1 month ago
Knowledge is power.
rshive about 1 month ago
But he’ll throw in a swing set to placate the kid.
flemmingo about 1 month 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 about 1 month ago
welcome to the real world kid, small raise taken back by healthcare increases = a pay lowering
LONNYMARQUEZ about 1 month 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 about 1 month 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 about 1 month ago
“Son, I’ve decided you’re old enough to get a job. You’re cut off!”
ComicsBinger Premium Member about 1 month 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 about 1 month ago
Another lazy, cheap shot…Inflation! Ha! Ha! Blame whoever you hate most! Ha! Ha!
David Huie Green LosersBlameOthers&It'sYOURfault about 1 month ago
“I have reduced the cut in your allowance only 2.8% rather than 4.8% if you prefer.”
pchemcat about 1 month ago
You are lucky to receive an allowance.
Timothy Madigan Premium Member about 1 month 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 about 1 month ago
If they hadn’t spent all that money on the camp, it would be a 5% raise.
Jack Bell Premium Member 27 days ago
Fine. Forget the raise then.