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re: Is The Economy really bad?

Posted on 8/26/25 at 4:07 pm to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35903 posts
Posted on 8/26/25 at 4:07 pm to
quote:

If you make $130K a year, and you are breaking out a spreadsheet to decide if you can buy your kid a baseball glove, you are way overspending in other areas of your life.


That's impossible...no amount of small unnecessary purchases will ever add up to a meaningul amount (even when compounding interest is considered over long periods of time). Just ask Mingo and Downshift.

This post was edited on 8/26/25 at 4:07 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37397 posts
Posted on 8/26/25 at 4:09 pm to
quote:

That's impossible...no amount of small unnecessary purchases will ever add up to a meaningul amount (even when compounding interest is considered over long periods of time). Just ask Mingo and Downshift.


No one said that. Care to any post anymore statistics that directly refute the point you’re trying to make in the same post?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35903 posts
Posted on 8/26/25 at 4:14 pm to
quote:

No one said that.




I think we've got a couple dozen references to "if I just didn't get a Starbucks I could buy a house" in this thread. Don't be obtuse.
This post was edited on 8/26/25 at 4:15 pm
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30047 posts
Posted on 8/26/25 at 5:04 pm to
quote:

Don't be obtuse.


Posted by gaetti15
AK
Member since Apr 2013
14820 posts
Posted on 8/26/25 at 5:15 pm to
quote:

read, on this board, a lot of insurers are leaving S LA. Is that factual?


Southern Mississippi too.

I have usaa but they dont write policies anymore even if you are north of i10 a pretty lengthy way.

I did try to get a quote when I first got down here but they wanted an absurd amount of money so I went to another company
This post was edited on 8/26/25 at 5:17 pm
Posted by DrrTiger
Gulf of America
Member since Nov 2023
2386 posts
Posted on 8/26/25 at 5:29 pm to
quote:

If you make $130K a year, and you are breaking out a spreadsheet to decide if you can buy your kid a baseball glove, you are way overspending in other areas of your life.


These same people think eating out 15 times a week on that salary is totally normal and doesn’t warrant a second thought. They’re retarded.
Posted by tonydtigr
Beautiful Downtown Glenn Springs,Tx
Member since Nov 2011
6464 posts
Posted on 8/26/25 at 6:07 pm to
quote:

Why exactly should someone spend their entire life slaving away to pay a ridiculous amount of money for a home that they can't take with them when they die?

Here's the thing, no one actually owns anything. You're borrowing it while you're alive. I guess if it makes you feel better to pay a mortgage instead of a rent, then whatever. By the time it's paid for you won't have much time left here...



You don't know who your kids are, do you?
Posted by beaverfever
Arkansas
Member since Jan 2008
35468 posts
Posted on 8/26/25 at 9:18 pm to
This chart would suggest we peaked around 2001 and have been declining steadily since then.

Posted by KWL85
Member since Mar 2023
3231 posts
Posted on 8/31/25 at 9:45 am to
quote:
The rest of the economy is doing fine because both the consumer and our government are spending more money than they should.


Well that certainly makes me feel better.
___________

Don't disagree, but economies are measured on current numbers. I agree we are kicking the can down the road, but currently have a decent economy.

Fyi, I would support a requirement to have a balanced budget, but don't believe we will see it in my lifetime.
Posted by cgrand
HAMMOND
Member since Oct 2009
46861 posts
Posted on 8/31/25 at 9:48 am to
quote:

By the time it's paid for you won't have much time left here...
LOL
buy a house you can afford and you won’t have this problem. Mines been paid for for 10 years now and I have lots of time left
Posted by LSUDad
Still on the move
Member since May 2004
61970 posts
Posted on 8/31/25 at 9:51 am to
Gas hasn't been this cheap on Labor Day since 2020!
Posted by ClemsonKitten
Member since Aug 2025
740 posts
Posted on 8/31/25 at 10:17 am to
It’s terrible
Posted by Asharad
Tiamat
Member since Dec 2010
6307 posts
Posted on 8/31/25 at 2:41 pm to
quote:

person with a finance degree from Nichols could have a stay at home wife, one a home, and lead a typical middle class life
you just described my life
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