Wednesday, July 22, 2009

Thanks, But I'd Rather Keep My 7.2 Percent

Thankfully the USDA has got my back on this new Climate Bill legislation. The word today from their analysts is that long term, my income will only go down by a "minimal" 7.2%. Whew! Man, I was worried it might be something like 10%. I can sleep a lot easier now knowing that my losses are so minimal.

Oh, wait - 7.2% of my income is close to 10%. And, since that's long term, with inflation rising at approximately 3-6% per year, it will probably feel a little bit more like 10-15% in real dollars. Now, I'm not real good at math, but what in the heck is "minimal" about my income going down 10%?
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