Voters younger than their mid-40s are consistently telling pollsters they believe the system is stacked against them. They have made it crystal clear they are hungry for change.
Because you work for 2 weeks then you get paid for those 2 weeks. If you earnt $1000 in 2005 and didn’t get the money until today, you’d be upset because $1000 doesn’t buy what it used to.
They say on average the market goes up 7% per year and inflation is about 3% per year. So it’s about half.
Again, this is what we call investment risk. Investments that don’t up beyond inflation are a bad investment. Which is the risk you take in order to see a potential profit.
That’s not our collective problem.
Giving people a discount to subsidise their profits is not a worthwhile way to spend our tax dollars.
People still invested before this discount was granted, so I’m not really convinced it would break anything by getting rid of it
Because you work for 2 weeks then you get paid for those 2 weeks. If you earnt $1000 in 2005 and didn’t get the money until today, you’d be upset because $1000 doesn’t buy what it used to.
They say on average the market goes up 7% per year and inflation is about 3% per year. So it’s about half.
Again, this is what we call investment risk. Investments that don’t up beyond inflation are a bad investment. Which is the risk you take in order to see a potential profit.
That’s not our collective problem.
Giving people a discount to subsidise their profits is not a worthwhile way to spend our tax dollars.
People still invested before this discount was granted, so I’m not really convinced it would break anything by getting rid of it