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
Selling a soybean contract short is worth two years at the Harvard Business School.~Robert Stovall
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