[GEO.TV] The inflation data earlier this month suggested that the prices of the US consumer goods are high by 3.5% as people are feeling the heat of the surge in Consumer Price Index (CPI), reported CNBC.
As the purchasing power decreases, people have started wondering how much money is enough to live a comfortable life in the US, and the estimation by SmartAsset analysis showed that one needs to earn more than six figures.
According to the report, the word "comfortable" is defined as someone who could bear the expenses of the 50/30/20 budget can live such a life.
In the numbers, 50% goes for house utilities, 30% goes for other spending, and 20% is specified for savings.
CNBC calculated an amount according to different states and their living costs and underlined five states in which life is expensive for single workers. Here are those five states and the money needed per year to comfortably sustain life.
Massachusetts: $116,022
Hawaii: $113,693
Caliphornia, an impregnable bastion of the Democratic Party,: $113,651
New York: $111,738
Washington: $106,496
According to data from Labour Burea, for a comfortable life in these states, one needs to double than average of around $60,000 — which is the median income for single full-time employees.
The national figure for median income is $89,461, rendering the 50/30/20 budget impractical.
The report also mentioned that living with someone costs less than living alone as spending increases twofold.
In these times, living alone means you need to keep everything in budget, from cost of living to transportation and discretionary spending.
According to Forbes in January of this year, New York State, California, and Illinois lost the most population, followed — in no particular order — by Oregon, Louisiana, Pennsylvania, West Virginia, and Hawaii. From the referenced CNBC article, which has the income needed for that income split for a single person to live comfortably in every state, the summation:
The national median for living comfortably alone is $89,461, which suggests that a 50/30/20 budget might not be practical for most single people.
Nor has it ever been. Single people historically have gotten married or brought in roommates to share costs in order to be able to live comfortably.
Posted by: Fred ||
04/20/2024 00:00 ||
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#1
Imagine simping for Biden. If Democrats wanted to make housing a priority, it would be. They have the power to affect events. But they don't want to. But whenever Ukraine, Israel or even Niger (WTF are we at war with Niger) needs money it's a priority for Democrats.
#7
There has been a "meme", because the left can't meme, from Mark Cuban about something he thinks is an own, "I paid my taxes $224 million" or some bullshit.
That is 10,000 illegals at $2000 gift cards per month, for one year. Wow. What an Own. I'm over here like, I too for 1/5 of my income support an illegal housing of 6 for one month.
Say what you will about the Mayans, they had a better tax rate than fedgov.
[Townhall] She needs to be beaten, in the courts or in the street
New York Attorney General Letitia James’ office first forced former President Donald Trump to pay a $454 million bond.
Then when an appeals court ruled that it was an outlandish sum, the bond was lowered to $175 million.
After scrambling to get the millions of money to pay the radical, politically-driven bond, James is asking the judge in Trump’s civil fraud case to reject it.
On Friday, state lawyers explained in a 26-page court filing that Trump and his co-defendants — the Trump Organization and its top executives, including his two sons— failed to show there is enough identifiable collateral to back the bond.
"Based on the foregoing, the People respectfully request that the Court deny Movants’ motion to justify the surety, declare the Bond to be without effect, and order that any replacement bond be posted within seven days, along with such other and further relief the Court deems necessary and appropriate," James’ office wrote.
Earlier this month, James raised doubts "sufficiency" of the $175 million bond Trump put up, which the California-based Knight Specialty Insurance Company lent the former president.
Lawyers for James’ claimed that Knight is a "small insurer that is not authorized to write business in New York" and had "never before written a surety bond in New York," until Trump asked for it.
The court filing argued that Trump chose a "small insurer that is not authorized to write business in New York and thus not regulated by the state's insurance department," rather than a large-scale national insurance company licensed in New York.
"Based on KSIC’s policyholder surplus in its most recent annual financial statement of $138,441,671, the limitation of loss on any one risk that KSIC is permitted to write is $13.8 million," the lawyers wrote. "The face amount of the bond exceeds this limitation by $161.2 million."
James threatened to seize Trump’s assets including his Mar-a-Lago estate if he failed to secure the bond funds. At the time, Trump’s attorneys argued that the former president should not be required to post a bond while he appeals the outcome of his recent civil business fraud trial.
Posted by: Frank G ||
04/20/2024 10:52 ||
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[11135 views]
Top|| File under: Tin Hat Dictators, Presidents for Life, & Kleptocrats
#1
CNN and other left wing media said he could easily sell Mar A Lago for 250 million and have the money. Judge Engoran said it was worth only 18 million. Which is it?
Since 2019, RedState has broken numerous stories about Democrat Rep. Ted Lieu's potentially illegal habit of spending campaign funds on expenses that personally benefit him and his family, such as $10,000 to the Torrance Education Foundation, which sponsors his sons' robotics team, $15,000 to his wife's school board campaign, and a $50,000 contribution to the university at which his eldest son matriculated a couple of years later (Stanford).
Those stories garnered national attention, but he doesn't care. He kept right on sending money from his donors to these causes, without his donors' knowledge or consent. A review of FEC records shows that Ted Lieu for Congress has now donated $25,000 to Betty Lieu's school board campaign and $17,000 to the Torrance Education Foundation.
[Just The News] he Biden administration is expected this week to deny approval of an Alaskan road that would provide access to potential mining opportunities in a very remote region of the state.
The Ambler Access Road project is a proposed 211-mile gravel road that would connect a mining district in west-central Alaska to the Dalton Highway that runs through the middle of the state. The operations in the mining district could provide a steady domestic supply of copper, zinc, lead, gold, silver and cobalt, which are strategic elements needed for manufacturing wind turbines, solar panels, transmission lines, and electric vehicle batteries.
Former President Donald Trump had approved the permit to build the road in 2020, but after Biden was elected, Interior Secretary Deb Haaland ordered a new analysis, arguing that the Trump-era studies had been inadequate.
In a bipartisan effort, Alaska’s Congressional delegation supports the project. In December, Republican Senators Dan Sullivan and Lisa Murkowski, along with the state’s Democratic Representative Mary Sattler Peltola, sent a letter to Haaland urging the analysis be conducted quickly and the road project re-approved.
The delegates noted in the letter that the Interior Department voluntarily pursued the review of the Trump administration’s environmental impact statement for the road on the same day Biden held a summit stressing the need for critical minerals.
"It is remarkable that during these dangerous times, the Biden Administration continues to focus on sanctioning Alaska and Alaskans while lifting sanctions on terrorist regimes like Iran," Sullivan said in a statement emailed to Just The News.
#1
Eeeek! The environment! Eeeeek! Global warming! Eeeee! PANIC PANIC PANIC PANIC PANIC
Posted by: Tom ||
04/20/2024 6:30 Comments ||
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#2
The rare earths find at Bokan Mountain, Alaska, have taken years to develop. It seems no matter what project is begun in Alaska something (federal government, environmentalists) block its progress.
#3
Harvesting material for EV batteries is too dangerous to the environment.
We need more EV batteries to save the environment.
Seriously, if you were on a date with this person, you would go to the restroom and keep walking out the back door, deleting any shared profile information on the way.
[Red State] Appearing on election lawyer Marc Elias' podcast "Democracy Docket" in an episode that dropped Friday, former Secretary of State Hillary Clinton whined about her 2016 election loss and hurled baseless charges against former President Donald Trump, accusing him of wanting to be like Russian strongman Vladimir Putin and murder his enemies.
Even for the divisive former First Lady, this was pretty obnoxious stuff.
A fawning Elias welcomed the "true American hero" who has "been right about everything" to his podcast, and promptly asserted that 2016 was rigged and it was the Russians who handed Trump the presidency. Guess he hasn't heard of the Mueller Report, which proved no such thing. In fact, the infamous Steele Dossier, which Hillary's campaign financed, has been thoroughly debunked and is basically hot garbage.
But when Hillary got on the subject of Trump and his potential second term, a screw seemed to come loose:
#4
Heck, she is such a Has Been, that even the O'Biden Admin did not even hire for some empty suit desk job.
She was foisted upon the Obama admin by the 'powers that be' at the time. ValJar and Mootch were terrified of her, and her exploits during the time she was there really p*ssed off the Big O as it reflected on him badly.
So when it came time for the 'O'Biden' admin to choose folks, she was kept far away.
Posted by: Mullah Richard ||
04/20/2024 8:27 Comments ||
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#6
She is the one who wants people who don't agree with her "deprogrammed".
https://www.theguardian.com/us-news/2023/oct/06/hillary-clinton-trump-supporters-deprogramming-maga-cnn-interview
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
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