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  1. Hi there... Can you please quickly check to make sure your email address is up to date here? Just in case we need to reach out to you or you lose your password. Muchero thanks!

Huge Surge in Household Net Worth

Discussion in 'Too Hot for Swamp Gas' started by mdgator05, Oct 18, 2023.

  1. Orange_and_Bluke

    Orange_and_Bluke Premium Member

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    I don’t think you count your primary residence when calculating whether you’re a millionaire?
     
  2. UFLawyer

    UFLawyer GC Hall of Fame

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    not to mention you only own the equity in the house.

    on this note I just received my electric bill from Duke Energy. I used slightly less energy this time last year. Did my bill go down? Oh no, not even close. It went up by 63%.

    FJB
     
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  3. Orange_and_Bluke

    Orange_and_Bluke Premium Member

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    Yep, my electric bill has doubled. I thought we had a problem, pool heater or something.
    But it seems everyone is getting gouged.
     
  4. mdgator05

    mdgator05 Premium Member

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    As noted, again, this controls for inflation, which includes change in utility costs. Wealth has substantially grown after controlling for inflation. BTW, electricity costs are up, on average, by about 2.6% over the last year.
     
    • Disagree Bacon! Disagree Bacon! x 1
  5. UFLawyer

    UFLawyer GC Hall of Fame

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    2.6% my ass. Not even close in my neighborhood
     
    • Agree Agree x 2
  6. mdgator05

    mdgator05 Premium Member

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    Perhaps that is a problem in your neighborhood then. Certainly, there is variation. Perhaps you should look into why your costs in your neighborhood increased by so much more than the rest of the country.
     
    • Disagree Bacon! Disagree Bacon! x 1
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  7. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    Must be a Florida thing. Way to go, DeSantis.
     
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  8. gator95

    gator95 GC Hall of Fame

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  9. VAg8r1

    VAg8r1 GC Hall of Fame

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  10. gator95

    gator95 GC Hall of Fame

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    Wait, so if we give people free money(Stimulus money), the percentage of people living paycheck to paycheck goes down? No way! Never would've guessed that...
     
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  11. Orange_and_Bluke

    Orange_and_Bluke Premium Member

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    Everyone I know in Fl has told me their electric bill has skyrocketed.
     
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  12. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    He's desperate to show that the economy is really bad.
     
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  13. mrhansduck

    mrhansduck GC Hall of Fame

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    I seem to recall up here in NW Florida that rates increased when Gulf Power transitioned to FPL at the end of 2022/beginning of 2023. Based upon local reporting, it seemed to me that some account holders were more impacted than others, but that disparity wasn't clear to me. My bills seemed quite high before....maybe people who'd had lower bills in the past saw theirs increase more due to some formula? I don't know. Of course, inflation has been a thing across the board, but I suspect that having a hotter than typical summer probably played a role this year.
     
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  14. WarDamnGator

    WarDamnGator GC Hall of Fame

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    I smell Bullshit. I have Duke, too, and my bill is up 14% ... year over year ... with slightly higher energy use.
     
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  15. gator95

    gator95 GC Hall of Fame

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    No, just to show it isn't awesome. I think it's doing "ok". Not great nor terrible. But saying the economy is great isn't true at all. Swing and a miss again...
     
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  16. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    No one actually thinks the economy is super great. It's decent though, with a few problem spots like always. People exaggerate and give Biden credit for it to rile up the right-wingers. And it clearly works. But right-wingers exaggerate in the other direction and we never see you trying to set them straight about it. That's because you're on their team.
     
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  17. gator95

    gator95 GC Hall of Fame

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    Sure LOL. I mean at least try to not look so partisan. It's why the original poster put it out there. To say the economy is great. I'm not a right winger but that's ok, you keep ignoring that fact. Thanks for admitting the truth that the economy is ok at "this point" and not great. Only right thing you said in that post.
     
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  18. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    I don't claim to be nonpartisan. Why would I? The Dems are vastly better for our country than Repubs are. Repubs are a total effing disaster. Did you see the freak they just elected SoH? No, I don't pretend to be nonpartisan, unlike you, who must respond anytime a liberal posts something good about the economy to say the economy actually isn't good. Never saw you do that during the Trump years when right-wingers started posting about how great the economy was immediately after Jan 20, 2017. You don't try to correct right-wingers because you're on their team.
     
    • Come On Man Come On Man x 1
  19. gator95

    gator95 GC Hall of Fame

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    Why would I when you and the other far lefties already do it? I thought trump's policies were avg at best. You keep trying to paint me like i'm some far righty and that I should be upset that you are calling R's a disaster. See that is what's great about being in the middle. I'm not naïve enough to think my side is better. Both sides suck. You are just too partisan to see it. It's ok, it's a disease and you are very sick with it. I've corrected many on the R especially about trump. Swing and a miss again! Man you are on an epic cold streak sport.
     
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  20. dangolegators

    dangolegators GC Hall of Fame

    Apr 26, 2007
    LOL. The Repubs and Dems both suck? That's like saying a baloney sandwich and a shit sandwich both suck. One is clearly way better than the other and you can't bring yourself to admit it. Sorry, your team really sucks.
     
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