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PoindexterOglethorpe

(28,485 posts)

15. Where does a loaf of bread cost $5.00?

Reply to Vinca (Reply #13)

Sat May 9, 2020, 02:42 PM

May 2020

I've never paid nearly that much, although I last bought a loaf of bread about two weeks ago.

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We should encourage Americans to save more by using some sort of a 401K-style savings plan. [View all] Yavin4 May 2020 OP

Save six months of salary? JenniferJuniper May 2020 #1

Of course not everyone will be in the position to do so, but... Yavin4 May 2020 #2

The only people likely to be able to do this JenniferJuniper May 2020 #6

Bingo. The idea that even a largish minority of Americans could possibly stopbush May 2020 #16

Whom would this be? Newest Reality May 2020 #3

No 401-ks Doremus May 2020 #4

I think you are dreaming.... Happy Hoosier May 2020 #8

+1 I resigned from MegaCorp a few years ago and rolled my DB plan into an IRA Shermann May 2020 #26

And no private employer offers defined benefit plans now. JenniferJuniper May 2020 #9

Traditional pension plans Sgent May 2020 #21

A huge percent can't save 400 for an emergency. onecaliberal May 2020 #5

+1000000! Or $400. SammyWinstonJack May 2020 #30

Yeah.. That would be great. LakeArenal May 2020 #7

The economy is not in a stable state if everyone has that level of savings unblock May 2020 #10

Need higher interest rates D_Master81 May 2020 #11

This could easily be done throuh a Post Office banking system, like other countries. SharonAnn May 2020 #12

I was listening to financial advisers on MSNBC this morning talking along the same lines and my Vinca May 2020 #13

Where does a loaf of bread cost $5.00? PoindexterOglethorpe May 2020 #15

Dave's 21 Grain, $4.99. Southern Vermont. Vinca May 2020 #28

love Dave's killer bread. Just started buying it. It's worth the price. SammyWinstonJack May 2020 #36

Never heard of it, but then I don't live in Southern Vermont. PoindexterOglethorpe May 2020 #40

Highend bread cost that much. The other bread is mostly crap. Blue_true May 2020 #44

The high end bread is $4-6, regular white and wheat is like $2-3 madville May 2020 #35

Defined Pensions do work Wellstone ruled May 2020 #14

One of the things that has been done is removing the gibraltar72 May 2020 #25

Okay,that is a real thorn Wellstone ruled May 2020 #27

While I do understand that a lot of people have limited incomes, PoindexterOglethorpe May 2020 #17

+1 llmart May 2020 #19

For a while after WWII, people were really encouraged to buy US Savings Bonds via Blue_true May 2020 #45

Here's my perspective for what it's worth as a guy who retired at 55 gibraltar72 May 2020 #18

People take govt. assistance in a crisis for granted Yavin4 May 2020 #20

Takes a whole rethink by people. gibraltar72 May 2020 #23

+1 llmart May 2020 #22

First house cost $7,000 had to sell my Corvette to make the down payment. gibraltar72 May 2020 #24

My retirement age is 57 madville May 2020 #38

And essentially all those great pensions disappeared. PoindexterOglethorpe May 2020 #43

You went to college when that literally cost peanuts. Blue_true May 2020 #46

30-40% of the working population have zero savings Voltaire2 May 2020 #29

If you're right, the only real alternative is a dystopian nightmare. Yavin4 May 2020 #31

Gosh I don't think the only choices are 'yet another pre tax savings plan' or 'dystopian collapse'. Voltaire2 May 2020 #32

No, the choices are Yavin4 May 2020 #33

and your plan is yet another pre-tax savings plan Voltaire2 May 2020 #34

lololololololololololol obamanut2012 May 2020 #37

Good luck with that. 78% of Americans live paycheck to paycheck. Many are one check away from Autumn May 2020 #39

The CareerBuilder survey doesn't make a lot of sense Shermann May 2020 #47

HAHAHAHA!!!!!!!!!!!!!!!!! Marrah_Goodman May 2020 #41

To your second edit, if government is not there, why should investment firms give you your money Blue_true May 2020 #42