Thursday, December 18, 2008

We're All Going To Pay Dearly

Wow! Isn't this recession great?!

Gas prices are way down. Other prices are coming down. There are plenty of bargains out there.

As long as you still have a job.


Have you heard about the tax and fee increases?

Due to loss of revenue from real estate values and other investments, most municipalities are increasing taxes and fees. Five percent seems to be the going rate where I live. A 5 percent real estate tax increase. A 5 percent sewer rate increase. And increases across the board on virtually all trash collection, etc. Soon they'll be charging us by the street foot frontage to plow the snow. Renters, many of whom are on fixed incomes, will get slammed as landlords pass on all the increases.

What lies ahead? No one knows. Certainly not the "experts" who just months ago were predicting $10/gallon gas in the near future. Where is all the money going to come from for these "bailouts"? Oh yeah...I know...HIGHER TAXES FOR US!! So my grim prediction: more of us will lose our jobs, prices can only go so low, but taxes and fees will continue to go up, to the point where many of us will not be able to pay them.

A side note: What I can't believe is the NFL is losing money and cutting jobs. Yeah right. With the price they charge for tickets plus all the advertising revenue? I see those stadiums filled every week on TV. That's a crock o' crap that they're losing money.

So Sayeth The Shack

No comments: