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Tuesday, December 26, 2023

     On 12-26-23, the Washington Post penned an article of "Americans tell us why they’re feeling better — or worse — about the economy", and on that date the Enlightened Prisoner responded thus:

We are a pensioner family with fixed incomes and have outlived our IRA, Roth, and stock invested reserves. We avoid direct financial help from children, (okay we accepted putting our cell phones on their family plans), and we use a reverse mortgage plan for a bucket (small) of money for emergencies, (mostly the spiraling costs of medical and long-term care insurance), or appliance replacement and home repairs.

Of course, the increased costs in food market prices, car maintenance, restaurant and entertainment have caused limitations.  But, treated responsibly, (don't spend more than you make), and pay off credit purchases monthly usually results in getting a high credit rating, which of course means little for our economic plan but gets us lots of mail solicitations from credit card companies.

Still, we refuse to fall into that speculative trap of fee-based investments and feel slighted by our savings institutions continuing to penalize us with insignificant savings account interest and claiming CDs are better than the passbook compound interest rates we grew up with that rewarded thrift.  Maybe better for them, eh? 

In short, we feel like the silent and ignored generation. But hey, one from our generation is running the Administration of government right now and seems to have gotten things back to better stability. While some overpaid and underworked elected representatives run around acting like brats we used to put on corner stools with dunce caps. And they don't seem the least bit interested in compromising their selfish interests to create the country we can and should be.

Yet, we're still paying our fair share of taxes but resent the amount of debt our government is obligating to our children and their children. Thanks for listening, just wanted to speak my piece.

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