I hope that you had a enjoyable and safe New Year’s Eve, and that 2022 will be a year full of positive memories and accomplishments. I also hope that each of us will find a way to improve our finances in the New Year, notwithstanding the challenges of the pandemic, inflation, and continuing supply chain issues. Also, as I write this, I hope that Alabama wins Friday night.
Speaking of supply chain issues, President Biden has told us that the supply chain issues are resolved, so I know that he doesn’t own a finicky cat, and, like me, often can’t find the food that the cat likes the most. I know that I am not the only one, because as I stand in front of the shelves with other cat owners, they are complaining about the same thing.
One of my philosophies in life has always been that “all good things come to an end, so enjoy them fully while you can.” This time I am especially saddened because most of the prices at Dollar Tree have now finally gone up from a dollar to $1.25. It was announced a while ago that this was coming, but it still hurts. There are still a few things that are a dollar, and there are still many great bargains, so visit them. It’s just not the same.
I am not one for New Year’s resolutions, but I am going to make an exception for 2022. After this and the next column, no matter what happens, I will not write about a Flat Tax or a Goods and Services (consumption) Tax, about what is a “Fair Share” of taxes for any given American to have to pay, or the taxes that others around the world pay, as compared to in the U.S. That will be true, even if someone brings up any of those issues in connection with the 2022 elections. I know that many of you are probably saying “can’t you add student loans and student loan debt to that list?” but I am not ready for that yet, because I think it will be a hot “topic of conversation” in 2022.
As you know by now, despite having promised that there would be no further extensions, the Biden Administration has extended the government student loans payment pause from Jan. 31 to May 1, 2022. It leaves me with these thoughts:
First, The Biden Administration had announced that there would be no further extensions, so isn’t this just another example of why many Americans distrust government and politicians, which contributes to many of our divisions on so many issues?</…….