Once upon a time in America, a family of four could live comfortably off a single earner’s salary, buy a home and save for the future of their children.
Not so any more.
Paul Stone, author of “1971,” his book that’s available on Amazon, says the economy of America has taken a nosedive in respect of the wage-to-inflation gap — meaning, wages haven’t kept pace with inflation for so long, few young people can afford to buy a home today.
“We have these goals as we get older … The government as it prints money it moves [many of these goals] out of reach,” Stone said.
It’s the government’s fault that too many young people are struggling financially today. He said.
“Since 2010 the cost of living has grown by 400 percent. Wages have grown by 80 percent. That is evil.
It is evil for the government to continue paying its bills” — while preventing, by regulation and taxation and financial controls, those very same citizens from paying their own bills, Stone said.
It is evil.
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