Same here; I know few people who aren’t in the same boat. The only ones better off are government workers (those that survivied the layoffs) - they are the only ones left with salaries that kept pace with the unreported inflation, enjoying benefits that disappeared for the American workers that pay them decades ago. Here in NJ the economy has collapsed because there just aren’t enough public school teachers, cops and such to keep open all of the restaurants and other places where Americans used to spend their discretionary dollars.
The northeast will be the last part of the country to recover (if it ever does).
Sorry to hear of your troubles.
This guy has been a disaster and we haven’t reaped all of it yet.
I heard on the radio today that some of the pensions that Orange county, CA gov’t people are getting are enormous.
One lady salary was $250,000 and her pension is that. They are getting 88% of their highest salary or more. The last year they start working lots of overtime. The guy on the radio was saying his friend in Fresno, CA was 11 years into his job and would be eligible at 20 years for a pension. He would be in his early 40’s. Get that 2nd gov’t job and double dip.
We in the private sector pay for their retirement. We get SS money at less then 1.8% interest and the gov’t keeps raising the retirement age and they get near 100% of their last salary. Kinda unfair ain’t it?