"Professional" - CEO, etc. Think about this (I am in Florida, USA) -- 20 years ago my father-in-law retired making $8.00 an hour BUT his mortgage was $125.00 a month. The AVERAGE pay rate for the regular working person NOW is $8.00-$9.00 and hour but, for instance, the average home sells for $300,000.00 in our area. Rent for a 2 bedroom apt. is about $1,200.00. Can someone tell me HOW this happened? I mean, I know we can't all be financially rich but it is truly not right. Most of us are living on a prayer anymore and this is the USA!! Most of us don't have health insurance (me for one with serious health issues and can't get help because can't afford it - YET make too much $$ HA HA to get aid). How did this happen to us?????
2006-06-30
02:29:26
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9 answers
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asked by
Anonymous
in
Personal Finance