Comments for My Budget 360 http://www.mybudget360.com Fri, 11 Apr 2014 18:39:30 +0000 hourly 1 http://wordpress.org/?v=3.8.3 Comment on Goodbye American middle class: New report reveals that 62 percent of Americans earn $20 or less per hour. Household income stuck in neutral for a generation. by Walter Ruggieri http://www.mybudget360.com/goodbye-american-middle-class-median-income-household-wages/comment-page-1/#comment-270550 Fri, 11 Apr 2014 18:39:30 +0000 http://www.mybudget360.com/?p=5508#comment-270550 I am part of the middle class that is being squeezed. If you trow in rising taxes at the federal, state, and local levels, the middle class is being squeezed worse than what your article points out (which it does so very well). We need tax relief. We need inflation relief. We need better paying jobs. I think we are going to need a miracle!

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Comment on Why you should fear inflation: The CPI understates the true nature of inflation. BLS only allocates less than 2 percent to tuition in CPI. Missing big on the biggest expense in housing. by FWG http://www.mybudget360.com/inflation-matters-cpi-housing-and-college-tuition-understated/comment-page-1/#comment-270511 Fri, 11 Apr 2014 12:42:18 +0000 http://www.mybudget360.com/?p=5500#comment-270511 Not only is tuition rising, but huge loans are easily available for students planning to major in things that will not allow them to easily pay off their loans. This is criminal.

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Comment on Goodbye American middle class: New report reveals that 62 percent of Americans earn $20 or less per hour. Household income stuck in neutral for a generation. by FWG http://www.mybudget360.com/goodbye-american-middle-class-median-income-household-wages/comment-page-1/#comment-270510 Fri, 11 Apr 2014 12:40:46 +0000 http://www.mybudget360.com/?p=5508#comment-270510 Great blog, love every post. I hope you attain a large audience!

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Comment on Hand-to-mouth nation: Roughly 40 percent of US households living paycheck to paycheck but two thirds of these families are not considered poor by economic definitions. by Nichole http://www.mybudget360.com/paycheck-to-paycheck-people-living-paycheck-to-paycheck/comment-page-1/#comment-270279 Wed, 09 Apr 2014 18:16:45 +0000 http://www.mybudget360.com/?p=5470#comment-270279 What if food stamps were seed packets and public education was access to a free library? If they would have just left things simple we would have never faced such wealth destruction.

Im going to go out on a limb here and guess the “elites” don’t want to grant us independence and self reliance. Maybe I am crazy huh?

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Comment on The temporary employment recovery: Quantitative Easing and favorable banking policies creating a rising tide of temporary workers similar to Japan. Part-time workers up nearly 100 percent in US since 2007. by Nichole http://www.mybudget360.com/temporary-employment-united-state-part-time-work-force-japan-parallels/comment-page-1/#comment-270278 Wed, 09 Apr 2014 18:06:41 +0000 http://www.mybudget360.com/?p=5493#comment-270278 I know this may seem cynical to some, but I applaud the part-time trend because it is shifting the mindset of many people. They need to stop working for low wages of corporations and start doing something on their own. We are slowly being forced to be capitalists again. If you look at the true cost of working for a company after you spend all the nondeductible miles going back and forth to work, maintaining a wardrobe, paying for convenience food/services, oh and lastly the COST OF TAXES it doesn’t PAY to work for a company that someone else owns.

When you become a business owner, no matter how big or small, your taxes go down because the income you receive is taxed differently. Your business has many deductions that you do not as an employee of someone else.

I never understood the logic of owning a wardrobe of several $250+ suits plus white shirts and dress shoes to make 30,000 a year sitting behind a desk. The MATH doesn’t work. Lets tell Obummer so he can stroke another executive order to subsidize designer clothing. (sarcasm)

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