Wednesday, March 09, 2016

America's mixed up interest..........

In 2016 the official poverty level income for a 2 person family is $15,930.

To make that much money from risk-free "savings" ie banks are paying interest of around .15%.

You would need to have $10,620,000 in your bank account at that interest rate to make $15,930 every year.

Something isn't right and it is clear to me that those who represent me (and you) don't care what is happening to America in retirement.

The beatings will continue.  Maybe the morale will get worse before it gets better.

I hope so.  It will make for a better fight.

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