Comments for My Budget 360 Sun, 02 Aug 2015 19:38:02 +0000 hourly 1 Comment on The economy chugs along with consumers going into deep credit card debt: Credit card debt surges in top 25 US metro areas according to Equifax data. by Beano Sun, 02 Aug 2015 19:38:02 +0000 Do they pay it off is what I’d like to know?

Comment on Credit card debt makes up for lack of income growth: Credit card debt outstanding back up to $900 billion. Since 1980 household income up 300% while credit card debt up 1,760%. by shelly weiner Sun, 02 Aug 2015 19:08:20 +0000 debt is not a mistake, or unfortunate result etc
it is deliberate long term policy

nowhere, ever has man not striven to enslave his fellows wo are weaker and not as smart

this is the modern version

think about it

deficit financing on the personal and government level leads to essential confiscation of all savings and real ownership of property.

your representatives have been bribed into selling you into serfdom thru legislation requiring deficit financing on a scale where we can only keep up with the interest by borrowing more

Comment on You Cannot Afford a $250,000 Home with a $50,000 Household Income! by James Umatsu Sun, 02 Aug 2015 12:43:48 +0000 Another great article. Surprised by some of the comments. Especially “Dr.””Ted” who seems to blame the government which is, of course, only half right. “Dr.””Ted” lost me completely when he blamed, I guess, the poor instead of corporate greed and income inequality which the government at every level sanctions.

Comment on You Cannot Afford a $250,000 Home with a $50,000 Household Income! by Jason C Thu, 30 Jul 2015 16:34:25 +0000 Let’s look at a real cost of living. One income, stay at home wife + 5 children.
Auto Ins $150
Cable + Internet $150
Water/Sewage/Sanitation $100
Electric $150
3 Phones $220
Fuel $600 (25 miles from work)
Food $1500 (yes, they’re hungry all the time)
Auto/home maint $400
Student Loans $500
Mortgage $1450
Medical Copays $300
Medical Ins $600
Total $6,120

This does not include other costs such as travel, pets, etc. I have no other debt and I own my vehicles. That is why household formation is continuing to fall in the U.S. A regular income cannot support more than 1 or 2 children.

Comment on Does a College Degree Protect your Career? Unemployment Rate for College Graduates Highest on Record. by Job Market Strategist Thu, 30 Jul 2015 15:47:19 +0000 I responded to a similar post that is fitting for this one as well…