Monday, May 26, 2008
Backwards
Why is that things are heading backwards now? Things that should be helping people are going down. Houses, savings and wages are all dropping down. My 401k and house have both dropped a bunch. The percentage on my savings is going down as fast. Worker's wages keep going down. American Axle, just one of many, watched their pay drop 30-50%.
On the other hand looks what's going up. The cost of almost everything is going up - and not just a little. Gasoline, milk, eggs, bread; all that stuff that has no substitute is climbing rapidly. The government's consumer price index was just published and showed only a small increase. The problem is that those idiots in government who put that report together don't include food or fuel! That is beyond reasoning to me. What the hell do they check? There's a lot of stuff that you can do without, but fuel and food aren't part of it.
My parents had their 30 year pensions - I've got one from the military. How many folks working now are going to get a pension? They have to put savings in a 401k or other account and hope the account doesn't disappear. My 401k lost thousands last quarter and everything I'll have to buy has increased. What a way to retire. Thank goodness I'm not thirty and thinking about raising a family.
Labels: government, gripes
