There has been alot of debate over the best way to announce that one has been vaccinated. There is talk of vaccine passports. My solution is that our state health departments issue little v stickers to affix to our driver's licenses. For international travel the State department could send us little v stickers that we could affix to our passports. Presumably there is a data base that could be accessed before the v stickers could be issued.
The nice part of inflation is that interest rates are high enough that you don't have to gamble on the stock market to make any money. I remember when I had a savings account at Silverado in Denver and the interest rates were 16 per cent. Of course Silverado eventually went bankrupt but that is a story for another day. It also means that if you buy anything, you can be assured it will go up in value. That is not always true, condos can be fickle about gaining value, but can be true for other things.
Driving around yesterday I noticed the gasoline had crept up to over three dollars a gallon. Eggs have also crept up. The thing I have noticed the most is the increase in the tabs at the local taverns. Right now interest rates are still low, however. We'll see how long that lasts.
As a kid I was often around adults who said, "All the kids want everything handed to them, nobody wants to work anymore". Today conservatives are reciting the same mantra. Liberals say it's because the kids are still not in school and too many women have no choice but to stay home. By this logic, Labor Day will be appropriately named because it is then that millions of Americans will be off of unemployment and thronging the hotel and restaurant industries with their skills.
In the mid 70s I graduated into a recession. Some of my friends (I was in the bohemian crowd) went on welfare. The luckier ones got jobs but soon were collecting unemployment. For many of us baby boomers, work was that thing you did with the goal of collecting unemployment.
Many unemployed, admittedly, have side hustles. Jack is helping his brother take wood paneling off of his neighbor's house. Mary is baking birthday cakes for the kids on the block. Fred is putting mufflers on his neighbor's cars. Off the books.
Still in September, I predict we will go back to fairly stable levels of employment. Sadly, wages are unlikely to go up much.
