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re: Socialism creep....Inflation and school supplies

Posted on 8/14/26 at 7:57 pm to
Posted by ISEN_AG
ThunderWolf Manor
Member since Aug 2013
2378 posts
Posted on 8/14/26 at 7:57 pm to
quote:

A small price to pay to keep Iran from dropping the big one


We were told that possibility was eliminated last year...
Posted by Traffic Circle
Down the Rabbit Hole
Member since Nov 2013
5115 posts
Posted on 8/14/26 at 8:04 pm to
I remember when school supplies were made in the USA.
Posted by wm72
Brooklyn
Member since Mar 2010
9706 posts
Posted on 8/14/26 at 8:39 pm to
quote:

He's not saying that these issues are directly connected to socialism but instead is pointing out there is an obvious push to socialism right now through daily propaganda geared to remind you, especially our younger generations, of your economic pains.

Just look at the number of open socialist that have won primaries or are currently in office.


A real good way to shut the socialists up would be actual solutions for a shrinking middle class watching shareholders accumulate one record year of profits after another instead of intensifying that divide at every chance.



Posted by Everyday Is Saturday
Member since Dec 2025
2720 posts
Posted on 8/14/26 at 8:47 pm to
quote:

The 3-4% raise is designed to maintain status quo.


For those who are status quo.

In my company, if your were ambitious and high performers, you are earning higher raises than that. There is always a leveling off point with salary, but lift off with bonuses.

Socialism is for status quo people.

Capitalism is for high performers.
Posted by Everyday Is Saturday
Member since Dec 2025
2720 posts
Posted on 8/14/26 at 8:51 pm to
quote:

shrinking middle class


Most off middle class does not live below means and invest their money to become upper class. Mindset, education and status quo isms. All fixable.

If they want social mobility. Take it.

Social mobility takes hard work, high performance, personal sacrifice and smarts.

Social immobile weak fricks have the least upside and loudest mouths

This post was edited on 8/14/26 at 8:52 pm
Posted by dgnx6
Member since Feb 2006
91545 posts
Posted on 8/14/26 at 9:24 pm to
I just ate the school lunch or sometimes had a sandwich in the bag.


And this is who did the study.

quote:

The Century Foundation is a progressive, independent think tank that conducts research, develops solutions, and drives policy change to make people’s lives better. We pursue economic, racial, gender, and disability equity in education, health care, and work, and promote U.S. foreign policy that fosters international cooperation, peace, and security.





quote:

With school supply costs outpacing inflation, many families — and especially the women who do the majority of purchases in American households — are going to feel the sticker shock, said Lindsay Owens, the president and CEO of the Groundwork Collaborative.



This might be the problem.



No one is forcing these moms to buy $30 lunchboxes every year.





quote:

Between 1967 and 2026:Educational supplies experienced an average inflation rate of 5.44% per year. This rate of change indicates significant inflation. In other words, educational supplies costing $100 in the year 1967 would cost $2,272.22 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.97% during this same period, inflation for educational supplies was higher.



It got up to over 8% under Bush and over 7% under Obama.



This post was edited on 8/14/26 at 9:31 pm
Posted by armytiger96
Member since Sep 2007
2952 posts
Posted on 8/14/26 at 10:12 pm to
quote:

There is no minimum to contribute and it’s all at your own pace. It’s all post tax funds too so you aren’t losing on a paycheck either. Times can be tough no doubt. But if you can muster up even $10 a week or any other small nominal figure, you’d have much more than what you put in over time.


That's his internet persona . . . It's all sarcasm with a good mix of outlandish whit!
This post was edited on 8/14/26 at 10:27 pm
Posted by OweO
Plaquemine, La
Member since Sep 2009
122525 posts
Posted on 8/14/26 at 10:17 pm to
Was the before or after the hand job was given?
Posted by armytiger96
Member since Sep 2007
2952 posts
Posted on 8/14/26 at 10:26 pm to
quote:

shrinking middle class


Its shrinking because several of our traditional middle class jobs are now earning upper middle class to upperclass wages depending on who is defining the classes.
Posted by eddieray
Lafayette
Member since Mar 2006
19498 posts
Posted on 8/14/26 at 11:30 pm to
quote:

'm scared to look up the going rate of Trapper Keepers these days.


And don’t even think about a starter jacket
Posted by Penrod
Member since Jan 2011
57443 posts
Posted on 8/15/26 at 5:54 am to
quote:

Live below means
Invest in VOO or VTSAX
12-15% return quadruples inflation, net wealth growth

Be the change you are seeking.

That’s their very point - that the folks who can afford to implement your strategy are thriving, while those who can’t are sinking.

Of course anyone can put some amount of money in there, but $100 per month is not going to counteract the inflation. And you’re advising people to cut their spending while prices are going up. That’s difficult.
Posted by Penrod
Member since Jan 2011
57443 posts
Posted on 8/15/26 at 6:00 am to
quote:

I feel like that’s not thaaat bad. If you can’t afford that, don’t have children.

Unfortunately, that’s just what’s happening.
Posted by jizzle6609
Houston
Member since Jul 2009
21083 posts
Posted on 8/15/26 at 6:01 am to
401k “millionaires” better be outpacing these numbers to be able to help their kids. $1m isn’t going to cut it even with social security.

I’m glad I grew up with a wise man.

Less fully loaded suvs and more saving.

I don’t feel bad for what’s coming for all those who live beyond their means. Reap.
This post was edited on 8/15/26 at 6:03 am
Posted by Penrod
Member since Jan 2011
57443 posts
Posted on 8/15/26 at 6:02 am to
quote:

My father often tells me this story about working for Exxon in the late 60s early 70s. If you “only” got a ten percent raise, it meant the company was trying to get rid of you.

A 10% raise in the late 70’s was a net pay cut.
quote:

In the late 1970s, the U.S. inflation rate climbed sharply, surging from 6.7% in 1977 to 9.0% in 1978, and reaching a peak of 13.3% by 1979 before peaking near 14.5% in early 1980.
Posted by Penrod
Member since Jan 2011
57443 posts
Posted on 8/15/26 at 6:09 am to
quote:

Socialism is for status quo people.

Capitalism is for high performers.
quote:

- [ ] Capitalism is the harnessing of man's animal spirits, in regulated combat, that directs their energy toward enhancing the general welfare and incentivizing the combatants, with wealth, to lift the demos upward. Socialism is the drive toward the justice of equal outcomes, that leaves society's most creative and energetic people without motive for striving, leaving the demos to share a meager lot.

I forgot who said it, but it’s dead on. And note the bold part. Socialism isn’t for the status quo people; it’s only for the politicians who get to control everything.

Always remember that the ocean-front mansion will have someone living in it. Under socialism who will it be? It will be the high ranking bureaucrats. And the competition to be those bureaucrats will be great. And THAT is where the talented and creative will apply their efforts.

But as Friedrich Hayek explained, those positions will mostly be won by the worst people, because the worse, and more selfish, a person is, the more those positions will be worth to him.
This post was edited on 8/15/26 at 6:24 am
Posted by dalefla
Central FL
Member since Jul 2024
4748 posts
Posted on 8/15/26 at 6:14 am to
quote:

If you can’t afford that, don’t have children.


There you have it. The real problem. We allow people who can't sustain themselves to procreate offspring that they can't sustain. Rinse, repeat. It's become generational.
Posted by wm72
Brooklyn
Member since Mar 2010
9706 posts
Posted on 8/15/26 at 8:43 am to
quote:

Most off middle class does not live below means and invest their money to become upper class. Mindset, education and status quo isms. All fixable.

If they want social mobility. Take it.

Social mobility takes hard work, high performance, personal sacrifice and smarts.


I don't disagree in general.

However, the America most people are talking about slipping away in one 2% upcharge, fee or increase after another isn't well educated, financially savvy business guys willing to work 60 hour weeks movin' on up.


Most see that the "greater" America was one where the rest of the "status quo" --as you put it -- who are content to just work hard and try to raise a decent family aren't being increasingly squeezed every which way but up.







Posted by JawjaTigah
On the Bandwagon
Member since Sep 2003
23003 posts
Posted on 8/15/26 at 10:09 am to
I think what is being labeled as socialism is really just ridiculous levels of inflation.
Posted by Barbellthor
Columbia
Member since Aug 2015
11563 posts
Posted on 8/15/26 at 10:35 am to
quote:

A small price to pay to keep Iran from dropping the big one

...
So the world only started 1.5 years ago?
Posted by Clames
Member since Oct 2010
19940 posts
Posted on 8/15/26 at 1:11 pm to
quote:

all those who live beyond their means.



Which is pretty much everyone doing most of the complaining these days. It's become the norm to pursue luxury living standards even if it means living paycheck to paycheck. Life of convenience means more than financial responsibility and security.
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