RE:RE:RE:Biden’s threatDAGUY wrote: Nothing like going after oil companies who are making money these days, what about Apple who has make 100's of billions over the last years, or Amazon, Microsoft, etc... Why were they never targeted?
Because they are not a focus on the lead up to the election - and they're not a part of the sector he said he wanted to shut down - probably so that well funded friends make billions on alternative energy schemes. Some day it will all come out in the wash - probably a few years down the road, after many people have a lot less money, and possibly a less attractive life style, and wondering what the hell happened.
Even now, gone are the days when I could afford to buy a newer car, upgrade to a newer house, and do many things that used to be all in the realm of reality. And they call this progress. Seems the best days of our lives are in the past. Price increases as they are today are just hard to comprehend. Buy an EV for $60K, buy a house for well over $1M. Wow - have incomes really increased that much? I know my pension has not.
Bought my first 3 bedroom house in 1966 for $26,000 and it had a $10,000 balance on the mortgage which had 15 years remaining on a 25 year term @ 6% (no 5 year increments) and was transferrable to the new purchaser. When interest rates ran up to the 20% level in the late 70's, early 80's the 6% fixed was quite a relief. Can you find anything like that in comparable, relative terms today?
Times they are a changing! and not for the better financially. Kids coming of age today have a mountain in front of them.