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kentuck

(111,110 posts)
Sat Apr 2, 2022, 08:08 AM Apr 2022

One thing that is worse than inflation and high gas prices.

That is to be without a job.

Inflation is something that politicians can do little about. It happens with supply and demand and market forces.

However, if you have a job, and wages are going up, you can more or less keep up with inflation. That is the best situation we can hope for during inflationary times.

Joe Biden's Administration has created almost 8 million jobs since he took office in January 2021. If we did not have those jobs and a growing economy, inflation would be a much bigger problem for all of us.

9 replies = new reply since forum marked as read
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One thing that is worse than inflation and high gas prices. (Original Post) kentuck Apr 2022 OP
Try being on a fixed income of Social Security. peacefreak2.0 Apr 2022 #1
It's tough. kentuck Apr 2022 #3
I think those on a fixed income like social security have it bad jimfields33 Apr 2022 #2
Yeah, those % can be misleading, gab13by13 Apr 2022 #4
One hell of a lot of baby boomers are now on a fixed income. Nice to Emile Apr 2022 #5
They have their ways of getting back any increases in wages... kentuck Apr 2022 #6
I agree Kentuck. Emile Apr 2022 #7
Like when that $15 dweller Apr 2022 #9
I liked the way you put it Tickle Apr 2022 #8

jimfields33

(15,952 posts)
2. I think those on a fixed income like social security have it bad
Sat Apr 2, 2022, 08:13 AM
Apr 2022

Yes they got 5.9 percent, but some went towards health care.

gab13by13

(21,403 posts)
4. Yeah, those % can be misleading,
Sat Apr 2, 2022, 08:20 AM
Apr 2022

I made a pretty good income, I get a decent amount from SS so that 6% was a decent increase. people on SS who don't get as much won't get that much more from 6%.

Emile

(22,914 posts)
5. One hell of a lot of baby boomers are now on a fixed income. Nice to
Sat Apr 2, 2022, 08:22 AM
Apr 2022

see workers having a robust job market but our main concerns are stopping Predatory Capitalists from shorting demand and driving up inflation.

kentuck

(111,110 posts)
6. They have their ways of getting back any increases in wages...
Sat Apr 2, 2022, 08:26 AM
Apr 2022

By raising the prices of their products and services.

Tickle

(2,540 posts)
8. I liked the way you put it
Sat Apr 2, 2022, 08:36 AM
Apr 2022

I’ve been just sick over food and gas prices. I recently got a part time job, not something I wanted to do in my retirement. You are right in looking at the glass half full because if it wasn’t for Biden I would not have the opportunity to get this part time job . I would be losing my home 😕

Thank you 😊 you have no idea how good you made me feel .

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