Student Loan Debt?

[Torvy]

The economy isn't crappy. It's booming again.

Well that is certainly the talking point. Not the reality.

 

[lilranch2001]

Well that is certainly the talking point. Not the reality.

Yeah, I’ve been hearing on the news that the economy is booming all of a sudden but I’m not quite sure why it’s being said, but then I’m not a big believer of the current news media

 

[lilranch2001]

What I absolutely do know is, I am paying a dramatic increase in groceries over what I used to pay just a few years ago

 

[lilranch2001]

Grocery stores are one of my favorite places in life, they have two of my favorite items in them…

Food & women!

 

[jyoutz]

Well that is certainly the talking point. Not the reality.

It varies by region. I don’t know anyone who is unemployed who is seeking work. Every restaurant and store is busy, and new commercial construction is everywhere in my area. The chip manufacturing plants are expanding, oil production is at record highs and the industry can’t find enough workers, and construction and remodeling companies are backed up for months to a year. Additionally, houses don’t last long on the market before they are sold. I know there are regions of the country where this isn’t true, but the mountain states are seeing an economic boom. No the local economy isn’t anything near the size of your state’s economy, but compared to local history we are currently doing very well.

 

[MossRoad]

Well that is certainly the talking point. Not the reality.

I don't know what to tell ya. Unemployment is at historic lows, stock market is at historic highs. We make average wages, our savings and retirement are at all time highs and growing. Our personal net worth has surpassed the pre-pandemic point by about 10%.

S&P500 is up around 27% since December 31, 2020.

 

[lilranch2001]

it may be booming, but I do not think it is a “HEALTHY booming economy”

 

[ruffdog]

It varies by region. I don’t know anyone who is unemployed who is seeking work. Every restaurant and store is busy, and new commercial construction is everywhere in my area. The chip manufacturing plants are expanding, oil production is at record highs and the industry can’t find enough workers, and construction and remodeling companies are backed up for months to a year. Additionally, houses don’t last long on the market before they are sold. I know there are regions of the country where this isn’t true, but the mountain states are seeing an economic boom. No the local economy isn’t anything near the size of your state’s economy, but compared to local history we are currently doing very well.

I don't know what to tell ya. Unemployment is at historic lows, stock market is at historic highs. We make average wages, our savings and retirement are at all time highs and growing. Our personal net worth has surpassed the pre-pandemic point by about 10%.

S&P500 is up around 27% since December 31, 2020.



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Same here. There are help wanted ads for workers everywhere and no shortage of buyers of goods. My investments are strong and making much more interest. Times are good here.

 

[lilranch2001]

We are paying high pay rates to kids right out of high school, who haven’t even learned to properly blow their noses…
Even then a hell of a lot of the kids would rather stay home with mom and play video games and sleep rather than work.
Contractors are so picky that most small jobs are either looked down apon or you feel raped by the prices quoted.
Groceries go up in price every week it seems, not totally uncommon from the past,but now it seems the prices never drop

 

[MossRoad]

it may be booming, but I do not think it is a “HEALTHY booming economy”

Very well could be true.