The average American earns less today than 40 years ago. We need to be reminded of this occasionally. We get used to things. We accept what is.
Everything we buy has become more expensive over time. Gas, food, housing, clothing, college educations, etc. More money needs to be earned each year to maintain existing standards of living. Raises that are not stagnant. Raises that keep up with inflation.
Whatever way you look at it, the existing situation a pay cut for most.
Workers are making more than 40, 30, 20, 10 years ago. Inflation has wiped out the increases.
Workers do not share in gains made over the 40 years. Only the very wealthy. A small group. The 1 percent/99 percent thing.
I mentioned yesterday that Key West food sales might be down. Today another thing that is obvious. At least to me. Key West is quiet this week. Unusually so.
There was a time when the summer and early fall were dead ass. Over the years, it changed. People now generally visit Key West all year long. I cannot recall in recent years the town being so quiet the first week of October.
Yesterday was screw off day for me. I started with the anti-gravity treadmill. Then treated myself to a manicure and pedicure at Lee Nails. Love Tammy! Rested in the afternoon. Napped a bit.
Don’s Place first last night. Spent time chatting with Don, David, Keith, John and Jimmy. Bocce the #1 topic. Dinner at the bar at Outback. Ran into Frankie and Sandy and their grandson. Sandy a member of the bocce team that beat us one game last week.
Frankie and Sandy’s backyard sets against Lisa’s. Their grandson has been playing with Robert and Ally for years, even though a couple of years older.
The young man had just come from the high school javeee football game. He plays center. The team had won and he was excited. Frankie and Sandy were, also. Proud of their grandson a better way to say it.
This week’s KONK Life column The Doctors Killed The President was linked this morning with my Key West Lou website. keywestlou.com.
Syracuse football again this saturday. The team drew a bye last saturday. Syracuse now 3-1. Play South Florida saturday. Syracuse a 2 1/2 point underdog.
Enjoy the day!
And who do we have to blame for “inflation”?
The FED!
The Federal Reserve Bank is a misnomer. IT ain’t “federal”. It reserves nothing. And, it ain’t a “bank”. It is a private cartel of the elite banks run for their benefit and that of the entrenched politicians.
And, everyone just blissfully ignores the impact of “fiat currency” (i.e., it’s worth something because I say it is).
Back in the days before the FED, gold and silver were money.
Hard to inflate a scarce commodity.
Argh!