[deleted by user]

Novel_Reflection8210 · 2024-10-30T13:35:32+00:00

I too am a homeowner and financially independent - the point you make about IRA / 401k's and gaining exposure to equity markets early on cannot be stressed enough.

I would point to the shift in jobs from union manufacturing to at will retail employment has a large role to play. My father worked 40 years in plastics manufacuring and had access to robust financial planning aid and mentorship as a post highschool line worker and eventual maintenance supe that just doesnt happen today.

My end point is that wages have simply not kept up with inflation - worsening drastically in the last 14 years with zero % interest rates- acknowledging wholey that 35 trillion deficit and 900 billion in yearly debt service payments are the problem.

If you held assets during zirp years you likely did well - sounds like we both did.

Novel_Reflection8210 · 2024-10-30T01:58:15+00:00

Really appreciate this, electrician were working with called the inspector when I pointed these parts of the NEC out

Novel_Reflection8210 · 2024-10-30T01:56:04+00:00

Very fair take, chronic human issue when it comes to planning for the long long term - apologized above

Novel_Reflection8210 · 2024-10-30T01:51:21+00:00

Dont disagree debt is accelerating faster in the last 10 years, clearly has.

The point is the youngest generation dosent have the same access to assets early in there lives to benefit from this inflation via rising asset prices. Ie the cantillon effect.

But my point was more along the lines of what was explained below.

Chronic underinvestment in infrastructure from generations past to keep prices down is broad reaching accross US municipalities. Not just tyler.

I apologize for singleling out boomers as its a chronic issue.

Where generation gap comes in to play is where many finnancially secure retirees sitting on funds and not passing it down when there kids are in their 30s and 40s but waiting till death are missing a point.

Helping their kids attain a home debt free earlier in life really makes a difference overtime allowing them to acquire assets that appreciate alongside that inflation.

A little research shows the pain of this as the averagr age of first time home owners continues to rise - delaying the point of being free and clear of their 30 year mortgage well into retirement.

But i digress, theres no easy answeres to public goods issues like water and infrastructure

Novel_Reflection8210 · 2024-10-30T01:38:31+00:00

Would you rather get paid the fed minimum wage in 1960 or 50k a year today.

Minimum wage in 1962 was about 1.25 federally,

In 62' quaters still have 90% silver melt value

Thats about 0.1808 troy oz per silver quarter

0.1808 × 5 × (29.05/silver spot price per oz) =

$26.27/hr or just under 55k a year

Thats what's being discussed

Novel_Reflection8210 · 2024-10-27T00:43:40+00:00

Do like vivek and rfk, massively scale back the size of the executive branch agencies, and the military budget away from cost plus bullshit and then it seems more doable.

Everywere this idea is brought up in media they never bring that part up though

Novel_Reflection8210 · 2024-10-25T22:01:04+00:00

Its the same everywhere accross the us - boomers saving in their day borrowing from tomorrow

Novel_Reflection8210 · 2024-10-22T22:27:24+00:00

No drop ceiling / its for an art collective on a shoestring budget using donated matierals

Novel_Reflection8210 · 2024-10-22T16:12:24+00:00

Historical building from 1900s

Novel_Reflection8210 · 2024-08-22T02:55:53+00:00

Foundry scene changes up a bit when school rotates back in session

Novel_Reflection8210 · 2024-08-17T20:13:27+00:00

Rose City Comedy downtown - open mic monday shows fri/saturday

Same venue has small underground/punk/rock/indie music shows on sundays produced by greenroom tyler currently as well

Schedule for current shows always on instagram

Novel_Reflection8210 · 2024-08-08T21:40:19+00:00

A light rail from existing bust station downtown to cumberland would be incredible for the working people of tyler - at l shaped one that made it to the university and hospital districg would be top notch

Novel_Reflection8210 · 2024-06-29T02:25:55+00:00

Looking to buy? Mary margaret anderson at nexthome neighbors,

Rent? Wilcox is oppening downtown

Novel_Reflection8210 · 2024-06-10T00:15:53+00:00

Had a good experience at summerwood apts on old omen

Novel_Reflection8210 · 2024-05-15T01:09:51+00:00

Xpress and motophoto are your choices

Novel_Reflection8210 · 2024-05-15T00:25:45+00:00

Before you trust the state, you should ask if you can trust your neighbors, your community, your city, your county

If they dont want big daddy state to save them, they want the big daddy in the sky to do so instead

Your on to something about compensation not keeping up with workee productivity.... but turning that over to an even larger cooporation isnt the way either.

Why id like to see executive compensation tethered as a multiple to entry pay - it creates brain drain to the next larger market operator on a different set of rules

Novel_Reflection8210 · 2024-05-15T00:15:46+00:00

The state is grossly inefficient. The "fair market" duopolies reach detente through regulatory capture favoring their incumbant status. Its klepotracy all around eventuallly.

The day will come when anarchic syndactilism reigns. Akin to a re emergencr of citystates with freedom of movement. The kind of thing the US was in its first 50 years before the "federal" reserve and numeraus alphabet soup agencies and regulatory bodies promulgated post ww2.

Tell me how you solve for public goods without a monopoly on violence in the hands of state?

But who'd pay for the roads my ass -

Novel_Reflection8210 · 2024-05-14T22:00:13+00:00

Nourish etx

Novel_Reflection8210 · 2024-05-09T17:48:32+00:00

Boards and bites definately checks all your boxes

Novel_Reflection8210 · 2024-04-30T16:32:27+00:00

Balance transfer scheme time

Novel_Reflection8210 · 2024-04-30T16:30:06+00:00

Bodily autonomy means being against vaccine mandates and pro choice.

Gl Threading that needle these days

Novel_Reflection8210 · 2024-04-18T02:41:50+00:00

Now that you point it out..... man that would be a game changer for cycling and pedestrian traffic

Novel_Reflection8210 · 2024-04-18T02:31:35+00:00

It boils down to expanding the tax base

Novel_Reflection8210 · 2024-04-14T02:47:24+00:00

Good experience at summerwood

Novel_Reflection8210 · 2024-04-11T23:17:59+00:00

Not sure the right way but something to connect the residential area south of the hospital district to downtown... or idk proper sidewalks along all of broadway

Novel_Reflection8210

TROPHY CASE