It got me to thinking about another song that ran: "The futures so bright I gotta wear shades!"
The difference I suppose is that the first one came out in the Obama administration and the second one under Reagan. What a difference 30 years makes. Still there is a bit of a note of hope:
I've seen better ways, manI certainly have.
I know better ways
I've seen better days, man
I've had better days
Meantime, remember that the cost of groceries and fuel is not included in the calculations of inflation. So far this year the price of groceries has gone up 14%. That's in ONE quarter.
Zero Hedge. RTWT, it's short if not sweet. If it's any consolation remember that while California, where a big chunk of the nations produce used to be produced, is undergoing a drought, the state government is letting rivers flow unimpeded to the sea in an effort to save the Delta Smelt. Meantime back in the midwest where the rest of our food comes from, corn, which is normally fed to meat animals, is being distilled and pumped into your gas tanks.
Speaking of gas, remember it's made from oil which is produced in copious quantities from fracked wells. The current plan is that since prairie dogs are considered varmints, they might be controlled by releasing black-footed ferrets, which are a listed endangered species, into the oil patch habitat of the prairie dogs. That and declaring the lesser prairie chicken to be threatened, should put a stop to oil development in fairly short order without even banning fracking.
While you're at it, don't think that graduating from college will help unless, of course, you choose your major carefully. Here's a listing of majors at various colleges that would bring you a net loss over 20 years of amounts ranging from $100K to nearly $200K compared to not getting the degree at all. I notice that education is #1 on the list with arts coming in a close second. Anyone with an arts degree who's making money is in advertising.