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Old 10-11-2017, 08:10 PM
 
440 posts, read 199,236 times
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Quote:
Originally Posted by Perma Bear View Post
169,000 in 2017 would have been 20,512 dollars in 1960. A ranch home then was around 10,000 and a cadillac was less than 5000. Could have bought both with 5,000 left over to invest. Now that amount is poverty.
Yet, when you roll back the clock, you would not have earned very much, nor saved that amount.
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Old 10-11-2017, 08:18 PM
 
4,310 posts, read 2,452,293 times
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Quote:
Originally Posted by Jim1921 View Post
Yet, when you roll back the clock, you would not have earned very much, nor saved that amount.
Nope, I could have, median income was like 6000 or so.
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Old 10-12-2017, 03:29 AM
 
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Quote:
Originally Posted by Perma Bear View Post
Nope, I could have, median income was like 6000 or so.
I am basing my comments on your track record. Perhaps your time would be better spent trying to figure out a solution to your current problem versus wishing you could travel back in a time machine.
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Old 10-12-2017, 07:18 AM
 
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Quote:
Originally Posted by Jim1921 View Post
I am basing my comments on your track record. Perhaps your time would be better spent trying to figure out a solution to your current problem versus wishing you could travel back in a time machine.
I make above median household income now so
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Old 10-12-2017, 06:07 PM
 
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Quote:
Originally Posted by Perma Bear View Post
I make above median household income now so
It is all relative to where you live. If you in a high COL market, then just making above the median isn't all that impressive. Given that you can't afford to buy a house where you live, you should be looking at alternatives.
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Old 10-12-2017, 06:23 PM
 
3,979 posts, read 1,603,769 times
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Here you go.

-- Create a taxation and regulatory environment that encourages domestic businesses without gutting basic safety concerns.

-- Subsidize training for skilled labor. Welding. Machining. Driving. And whatever other jobs are deemed necessary in a constantly evolving economy.

-- This is a biggie: Crack down on illegal immigration. You don't need a wall. All you have to do is heavily fine or even imprison the biggest offenders in the corporate world. Do that and the illegal immigrant problem ends almost overnight. The law of supply and demand applies to labor, too.

-- Welfare for Work. I had to consult for a housing authority once. One of my assignments was to survey the residents to learn how long they were residents, what they did with their days, and when they planned on leaving. The respondents fell into two basic categories: 1) The ones who legitimately needed public housing temporarily and were genuinely working and trying to find a way back out and 2) The ones who figured out how to string together government support along with some under-the-table jobs to get by. That second group should work for their benefits in some way or another, either by learning skills or taking care of some basic public need. That way, they are invested in the system.

-- Free birth control. The social conservatives will freak, but who the hell cares?

-- Incentive-based classes on childcare, nutrition, education, and money management for families who require government support. Got kids and getting food stamps? Pass a skills training class and get a $1,000 check from the government, absolutely gratis. Earn your GED and get $2,000. Pass your welding certification and get $5,000 after one year on the job. That kind of effort. In the long run, it would pay off.
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Old 10-12-2017, 07:10 PM
 
4,310 posts, read 2,452,293 times
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Quote:
Originally Posted by Jim1921 View Post
It is all relative to where you live. If you in a high COL market, then just making above the median isn't all that impressive. Given that you can't afford to buy a house where you live, you should be looking at alternatives.
I make the same salary anywhere.
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Old 10-12-2017, 07:43 PM
 
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Originally Posted by Perma Bear View Post
I make the same salary anywhere.
Then move or stop your whining.
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Old 10-12-2017, 07:50 PM
 
4,310 posts, read 2,452,293 times
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Quote:
Originally Posted by Jim1921 View Post
Then move or stop your whining.
My job becomes infinitely harder in the snow or temperatures above 100.
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Old 10-12-2017, 07:59 PM
 
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Quote:
Originally Posted by Perma Bear View Post
My job becomes infinitely harder in the snow or temperatures above 100.
Are you not capable of figuring out a more affordable area with a climate suitable enough to your delicate nature?
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