Loading ...Yeah I know and all the parents didn’t forget the exaggerated price hikes for kids cloths and shoes when school started back up after lockdowns and they haven brought things back down much since. Meanwhile everything else like you said housing and energy costs went up.
The younger crowd while grabbing food or coffee when I mentioned I was retired when they’d ask me what I was doing that day then asked me about retired if there doing okay with the inflation and I told them they’re getting hit hard too. I think they were actually hoping once retired they’d be okay by the expression on their face when I told them many are not. Plus most managed retirement accounts aren’t really managed and they lost quite a bit this year.
They are scared because they know as long as there’s two of them they can manage but if one passes on and it goes to one income things could get hard.
The young cant even go out get that first job and find a place. It’s too expensive for housing and car insurance if they even have one now for most high school grads. Any parent throwing them out thinking it’s like their day is stupid and is throwing them to streets and to the wolves. College had got too expensive and jobs are laying off people.
Now the borders open and millions of unskilled laborers gaming the system poring in.
ipso
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