Increased everything is effecting me. Our legislature here in Minnesota just over turned the Governors veto and raised our gas tax, registration fees and sales tax in certain counties. The federal government is playing games redistributing yet more borrowed wealth by sending out checks. Locally we are spending 40 million dollars on a new palatial justice center that is unneeded. And of course everything from hamburger to milk costs more as well.
What do they expect me to do? The only thing I can do is work harder to make more, or cut back somewhere. They of course just vote themselves a cost of living raise. Quite frankly it s easier to spend less then it is to make more. I was at Home Depot the other day and there were a few things that didn t end up in the cart that normally would have. I ve cut back to basic cable, I m thinking about buying a used vehicle when my lease on the luxury car is done in July. I just purchased an LCD TV, I went middle of the road instead of the most expensive one. Heck, quite frankly all things I should have done in the first place. But events of late have been in the forefront of my mind lately, and effect my choices, big time. Hmmm, but perhaps my spending less will negatively impact the economy and they ll have to take more of my money to redistribute.
Personally I think we are reaching the point of diminishing returns. In common usage, the point of diminishing returns is a supposed point at which additional effort or investment in a given endeavor will not yield correspondingly increasing results.