One of the problems is the perception of those current 60 year old middle managers making less than they did 20 years ago in the same position. They just don't realize how grossly over paid they were.
Ya your typical manager is fat that should be trimmed off the bone or paid minimum wage. Government is full of these too, no one knows why they are there or what they do but they are due a pension and they want to collect it
unless they are in the top percentile, people who now make more will borrow more. the U.S. consumer has steadily relied on increasing amounts of debt to maintain an artificial standard of living. when that debt finally blows up so will their standard of living. unlike governments, individuals are held responsible for their debt.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@TwoSides2aCoin said:
People with money aren't necessarily smarter. In fact , higher income only makes them think they're better. I'm a witness to this fact.
In some cases, yes, folks get lucky. Most I know that have high incomes do so because they work smarter and harder than those in similar professions.
@TwoSides2aCoin said:
People with money aren't necessarily smarter. In fact , higher income only makes them think they're better. I'm a witness to this fact.
In some cases, yes, folks get lucky. Most I know that have high incomes do so because they work smarter and harder than those in similar professions.
Hard work always pays, in every profession. And the smarter one works with income , the harder one's income can work for them. Wanna buy some silver ? ( shameless spam) LOL
Comments
Ya your typical manager is fat that should be trimmed off the bone or paid minimum wage. Government is full of these too, no one knows why they are there or what they do but they are due a pension and they want to collect it
_no one knows why they are there _
voting block
I knew it would happen.
unless they are in the top percentile, people who now make more will borrow more. the U.S. consumer has steadily relied on increasing amounts of debt to maintain an artificial standard of living. when that debt finally blows up so will their standard of living. unlike governments, individuals are held responsible for their debt.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
People with money aren't necessarily smarter. In fact , higher income only makes them think they're better. I'm a witness to this fact.
In some cases, yes, folks get lucky. Most I know that have high incomes do so because they work smarter and harder than those in similar professions.
Knowledge is the enemy of fear
Hard work always pays, in every profession. And the smarter one works with income , the harder one's income can work for them. Wanna buy some silver ? ( shameless spam) LOL
Wanna buy some silver?
Someday.
Knowledge is the enemy of fear