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In reply to the discussion: This message was self-deleted by its author [View all]
doc03
(39,085 posts)45. I am getting more interest on savings but the reason is inflation. If I get 5% interest
I have to pay the tax on the 5% and it also makes a larger portion of my SS taxable therefore I gain nothing.
The COLA on SS does not fully compensate for the rate of inflation. I also have a pension plan that I receive no
COLA for. A while back I figured I have lost over $600 a month from inflation on my pension since I retired 14 years ago.
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The economy, as a whole, is not the basis on which people living paycheck to paycheck make their decisions.
Ms. Toad
Jun 2024
#3
And you think the president who didn't have the votes can somehow fix that? There was a cost of living raise.
Demsrule86
Jul 2024
#68
I'm constantly told here that income increases more than made up for any inflation
MichMan
Jul 2024
#75
It's not just a polling issue. That's just an easy way to avoid the real issues.
TwilightZone
Jun 2024
#12
Simple: no other president in history has had to deal on a daily basis with
Sibelius Fan
Jun 2024
#15
no doubt rightwing media has been completely rabid in their attacks on Biden since 2020 and all the constant
LymphocyteLover
Jul 2024
#42
That's an interesting spin, but who knows in an election where little makes sense?
Silent Type
Jul 2024
#16
Republican voters think the economy is bad when there's a Democratic president.
betsuni
Jul 2024
#17
Inflation is not high...and of course if Trump were president, I have no doubt we would be in a depression.
Demsrule86
Jul 2024
#70
No it is not...read the financial news...there 2.49 % inflation which is historically low.
Demsrule86
Jul 2024
#77
Polls have been "flawed" long before Biden. It's who's reporting the polls and how that is the common denominator.
live love laugh
Jul 2024
#26
While the economy is good, prices and interest rates are high relative to the last decade
andym
Jul 2024
#29
I am getting more interest on savings but the reason is inflation. If I get 5% interest
doc03
Jul 2024
#45
So, if I have $1 million in cash, I shouldn't be concerned about the economy because of all the interest I am earning.
MichMan
Jul 2024
#73
Point 1. Biden's campaign team has never claimed an approval rating that high at any briefing I've attended...
brooklynite
Jul 2024
#47
Biden is the first president in generations where working people have made tangible gains
Johnny2X2X
Jul 2024
#51
Maybe it is because some of us are not solely interested in 'the economy'?
OldBaldy1701E
Jul 2024
#52