Economics 101..a drunk monkey could do better?

The #1 community for Gun Owners of the Gulf Coast States

Member Benefits:

  • Fewer Ads!
  • Discuss all aspects of firearm ownership
  • Discuss anti-gun legislation
  • Buy, sell, and trade in the classified section
  • Chat with Local gun shops, ranges, trainers & other businesses
  • Discover free outdoor shooting areas
  • View up to date on firearm-related events
  • Share photos & video with other members
  • ...and so much more!
  • Rebel_Rider1969

    Well Known Nuisance
    Rating - 100%
    35   0   0
    Joined
    Sep 12, 2019
    Messages
    19,756
    Points
    113
    Location
    Range, Al. Near Brewton.
    more of your tax dollars going to benefit people who don't want to pay loans back..


    scotus pulled the rug out, so they are doing end runs around the court.

    he Biden administration announced Friday it would be automatically forgiving student debt for 804,000 federal borrowers as a result of fixes to income-driven repayment plans.

    The borrowers — who will be notified of their relief in the coming days, the administration said — will have a total of $39 billion in debt forgiven just weeks before they were set to begin making payments again.

    Enoughs-enough.jpg
     

    fl57caveman

    eclectic atavist
    GCGF Supporter
    Rating - 100%
    5   0   0
    Joined
    Jan 23, 2015
    Messages
    12,176
    Points
    113
    Location
    n.w. florida
    There is no housing shortage, there is a shortage of affordable housing and there is no single politician in this country that can solve the 'affordable housing crisis' especially by raising taxes to throw money at the problem and here is why:
    1986 average income = $29,000
    1986 price of house = $33,000
    1986 20% down payment = $6,000 @ 10% interest
    1986 mortgage payment = $237 per month
    2023 average income $88,000
    2023 price of house = $725,000
    2023 20% down payment = $145,000 @ 5% interest
    2023 mortgage payment = $3,114
    Since 1986:
    Housing price
    ⬆️
    21 times
    Down payment
    ⬆️
    24 times
    Monthly payment
    ⬆️
    13 times
    Average income
    ⬆️
    3 times
    Unless this politician can figure out a way to force developers and home owners to reduce home prices over 20 times their current value or convince employers to pay their employees 20 times more than they are now, any discussion about 'affordable housing' is just a talking point intended only to raise taxes in pursuit of a fairy tale.
     

    Rebel_Rider1969

    Well Known Nuisance
    Rating - 100%
    35   0   0
    Joined
    Sep 12, 2019
    Messages
    19,756
    Points
    113
    Location
    Range, Al. Near Brewton.
    There is no housing shortage, there is a shortage of affordable housing and there is no single politician in this country that can solve the 'affordable housing crisis' especially by raising taxes to throw money at the problem and here is why:
    1986 average income = $29,000
    1986 price of house = $33,000
    1986 20% down payment = $6,000 @ 10% interest
    1986 mortgage payment = $237 per month
    2023 average income $88,000
    2023 price of house = $725,000
    2023 20% down payment = $145,000 @ 5% interest
    2023 mortgage payment = $3,114
    Since 1986:
    Housing price
    ⬆️
    21 times
    Down payment
    ⬆️
    24 times
    Monthly payment
    ⬆️
    13 times
    Average income
    ⬆️
    3 times
    Unless this politician can figure out a way to force developers and home owners to reduce home prices over 20 times their current value or convince employers to pay their employees 20 times more than they are now, any discussion about 'affordable housing' is just a talking point intended only to raise taxes in pursuit of a fairy tale.
    Found one of my pay stubs from 86... knocking out $3.65 an hour and thought I was king $hit. ( high school) it's mind blowing to look back that far.
     

    fl57caveman

    eclectic atavist
    GCGF Supporter
    Rating - 100%
    5   0   0
    Joined
    Jan 23, 2015
    Messages
    12,176
    Points
    113
    Location
    n.w. florida
    Found one of my pay stubs from 86... knocking out $3.65 an hour and thought I was king $hit. ( high school) it's mind blowing to look back that far.
    my first hourly pay job was a $1.00 per hr, & all the free pool or snooker i could shoot( paying customers came first)

    circa: about 1971 or so...
     

    Viking1204

    Master
    Rating - 100%
    1   0   0
    Joined
    Dec 3, 2012
    Messages
    5,192
    Points
    113
    Location
    Fort Walton Beach, FL
    Found one of my pay stubs from 86... knocking out $3.65 an hour and thought I was king $hit. ( high school) it's mind blowing to look back that far.
    I was lucky, when I was 15 I found a job working on farm, $5 an hour, back then that was good money for a kid in high school! Worked that job from 85 thru 88 when I graduated high school!
     

    fl57caveman

    eclectic atavist
    GCGF Supporter
    Rating - 100%
    5   0   0
    Joined
    Jan 23, 2015
    Messages
    12,176
    Points
    113
    Location
    n.w. florida
     

    fl57caveman

    eclectic atavist
    GCGF Supporter
    Rating - 100%
    5   0   0
    Joined
    Jan 23, 2015
    Messages
    12,176
    Points
    113
    Location
    n.w. florida
     

    fl57caveman

    eclectic atavist
    GCGF Supporter
    Rating - 100%
    5   0   0
    Joined
    Jan 23, 2015
    Messages
    12,176
    Points
    113
    Location
    n.w. florida
    metals on the rise...

    MetalsDateTime
    (EST)
    BidAskChangeLowHigh
    GOLD11/30/202321:452041.102042.10+5.40+0.27%2031.002047.40
    SILVER11/30/202321:4525.2725.370.00+0.02%24.9225.54
    PLATINUM11/30/202321:45929.00939.00+2.00+0.22%921.00950.00
    PALLADIUM11/30/202321:05996.001036.00+8.00+0.81%986.001051.00
     

    fl57caveman

    eclectic atavist
    GCGF Supporter
    Rating - 100%
    5   0   0
    Joined
    Jan 23, 2015
    Messages
    12,176
    Points
    113
    Location
    n.w. florida
    gold hit all-time high today, $2070.00

    that's what you get when you print money , it weakens the USD. not to mention the conflicts in europe & middle east, investors are fleeing to a safe haven...

    but remember; if you don't hold it, you don't own it, highly advise against gold IRA's, or paper gold, it is a promise to pay...and we all know what happens if the
    fecal matter hits the rotating air movement machine..
     

    Latest posts

    Top Bottom