Matt Davies for May 23, 2022

Yup. And then there are all us fixed income types.

The latest goings on in the Bretton-Woods apartments…

That’s about right. I remember the early 80’s when double digit % raises couldn’t keep up. I bought my 1st new car in 1969 for $1,900. I bought my 3rd new car in 1984 for $25,000.

That’s idea here. Corporations don’t like paying fair wages, being the exploiter class, they’ve decided to jack up prices to take back all those wage gains. This is no accident.

Corporate America just can’t stand people having even a little hope in their lives.

A 1.9 Trillion dollar Covid spending package, some states haven’t spent half of it and Biden wants more, then people wonder why there is inflation. That Covid Bill included, " $135 million for the National Endowment for the Arts, $135 million for the National Endowment for the Humanities and $175 million for the Corporation for Public Broadcasting".

Pretty sure this has been the case for the majority of people since I was born in 1981.

Math is hard isn’t it? Businesses require a profit to stay viable.. As expenses (which include wages) rise.. so must the price of the goods sold.

How much have prices increased because there are so many unrestricted monopolies in American business?

Minimum wage people should be thankful that they are not in Georgia. The state minimum there is $5.15 (Employers subject to Fair Labor Standards Act must pay the $7.25 Federal minimum wage.).

Might help explain why they are #1 in maternity deaths and #48 in education.

And senator Scott wants our fixed incomes

Going into my bank this week to try and protect what’s left of my Roth IRA. My mattress is going to get lumpy.

That bucket is filling an Olympic-size pool called “profits.”