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re: After over a year....how is Biden's Inflation Reduction Act helping you?

Posted on 11/1/23 at 1:28 pm to
Posted by Gifman
by the mountains
Member since Jan 2021
9645 posts
Posted on 11/1/23 at 1:28 pm to
quote:

Rural fiber optic installation well under way.

construction jobs holding steady and sometimes increasing.

Wages increasing.

Consumer still spending.

Jobs available.

My 401K doing very well.

On balance my household is keeping pace if not over taking inflation.


Rural internet is small potatoes. It's not even worth mentioning in the grand scheme of our economy

Future construction projects are slowing down due to interest rates, especially new home construction. I work in the commercial credit industry FWIW

Wages are wayyyyyyyy down relative to inflation

Consumers are spending on credit cards. We're at record high balances. This is NOT good.

Jobs are always "available"

How much growth has your 401k experienced this year? And, what are you invested in?

This post was edited on 11/1/23 at 1:32 pm
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