The Raise You Never Saw
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The Raise You Never Saw
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Dave Explains the Economy in Plain English — Ep. 006 — Mon Nov 2
It's open enrollment week and an economist says health insurance ate your raise — if your job's premiums had grown three percent a year like they used to, pay would be growing point-two to point-three points faster, which on fifty grand is a hundred to a hundred-fifty bucks a year, stacking, and your share went up anyway. Oil dropped on the talks but I promised a real gas number today and don't have one, so it's still Monday's $4.29 and that's on me; Ryanair says European fares could go up to twenty percent on a $2.2 billion fuel bill and "lower crewing ratios" means fewer flight attendants; eight of the ten cars Gen Z drives are sedans Detroit quit building; and there's no Friday close on the sheet, so open the 401(k) yourself and don't touch it. Bill in Terre Haute asked why gas goes up fast and down slow, and Hector in Decatur asked what an HSA is.
Dave Scale: Health insurance 7 · Oil/gas 6 · Ryanair 3 · Sedans 2 · Tech stocks 2 (holds)
Got a question for Dave? Email dave@daveexplainspodcast.com — Kev reads all of them.