DO OUR KIDS HAVE IT AS GOOD AS WE DID?
Stephen Tumbas: ‘How does our daughter’s job offer of $33K per year compare to our first salary in 1972 of $10K?’
☞ Poor kid. To match your 1972 $10,000, adjusted for inflation, she needs to be getting $52K. Use this handy tool to see for yourself.
Then again, she gets 152 cable channels and has GPS and a camera built into her iPhone. It’s hard to measure true equivalence.
AN INCOME STOCK
I bought some CPNO at $30.45 yesterday. I like the 7.5% yield.
WHY LIBERALS LOSE
Here’s a theory for why Southern Democrats do better winning the presidency than the Stevensons, Mondales, and Dukakises (Dukaki?), Gores and Kerrys. (Hint: they fight back.) (Note: the writer has Vice President Gore having gone to Yale. Actually, it was Harvard.)
Quote of the Day
As they say in poker, 'If you've been in the game 30 minutes and you don't know who the patsy is, you're the patsy.'~Warren Buffett
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A Letter From Mike
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Laugh Or Cry? It Is A False Choice.
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