When I graduated from high school in 1962, my husband and I owned a three bedroom two bath house and two cars within two years. Most of the men who graduated with my class had similar paying jobs right out of high school. I didn’t work, didn’t need to. Most women didn’t, and those that did actually chose to work. Today, it’s not a choice for most families, and when those families break up, everyone lives in poverty. When I did decide to go back to college, I paid $79 tuition for 15-18 hours of credit at SIU Edwardsville and we paid a $20 fee to rent whichever books we needed. Everyone could go to college, paying for it with a part time job. Since then American productivity and GNP have skyrocketed. But, Middle Class people don’t have anywhere near the advantages we did. All the money is going to the top 1-5% of earners. And, with the cost of college, it’s darn near impossible to get a start, you already owe the cost of a house before you graduate college. If the American worker is the most productive in the world, and all the stats say they are, the prospects for the young people of today should be better than they were for us. Instead, we produce the highest quality goods in the world—and can’t afford to buy them.
When we first started accumulating a bit of money for retirement (a long time ago, I might add), we took advantage of tax deferment whenever possible. The pitch back then was “You will save the taxes on the money you put away, and when you draw it out at retirement, you will be in a much lower tax bracket so you will pay less in taxes!”.Right!
Ziggy and ‘politics’ don’t mesh. Leave it to Non Sequitor and Trudeau, Zig. They know how it’s done. This just raises the ire of every spoonfed TPublican paranoid in your readership… unless that’s the goal?
LeoAutodidact over 9 years ago
Hey, be glad they didn’t just TAKE it!
stewartava over 9 years ago
how?
FishDog93 over 9 years ago
That’s what all governments do so well, tax & spend.
Diane Lee Premium Member over 9 years ago
When I graduated from high school in 1962, my husband and I owned a three bedroom two bath house and two cars within two years. Most of the men who graduated with my class had similar paying jobs right out of high school. I didn’t work, didn’t need to. Most women didn’t, and those that did actually chose to work. Today, it’s not a choice for most families, and when those families break up, everyone lives in poverty. When I did decide to go back to college, I paid $79 tuition for 15-18 hours of credit at SIU Edwardsville and we paid a $20 fee to rent whichever books we needed. Everyone could go to college, paying for it with a part time job. Since then American productivity and GNP have skyrocketed. But, Middle Class people don’t have anywhere near the advantages we did. All the money is going to the top 1-5% of earners. And, with the cost of college, it’s darn near impossible to get a start, you already owe the cost of a house before you graduate college. If the American worker is the most productive in the world, and all the stats say they are, the prospects for the young people of today should be better than they were for us. Instead, we produce the highest quality goods in the world—and can’t afford to buy them.
npd1969 over 9 years ago
We are broke, but there seems to be plenty of money for more wars and more money to aid and abet Illegal Aliens.
neverenoughgold over 9 years ago
Yeah, and don’t count on them repairing it anytime soon!
neverenoughgold over 9 years ago
When we first started accumulating a bit of money for retirement (a long time ago, I might add), we took advantage of tax deferment whenever possible. The pitch back then was “You will save the taxes on the money you put away, and when you draw it out at retirement, you will be in a much lower tax bracket so you will pay less in taxes!”.Right!
gaslightguy over 9 years ago
Nailed it, Ziggy!
stewartava over 9 years ago
Ziggy and ‘politics’ don’t mesh. Leave it to Non Sequitor and Trudeau, Zig. They know how it’s done. This just raises the ire of every spoonfed TPublican paranoid in your readership… unless that’s the goal?