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The Retired Investor: Can You Put a Value on Your Dog's Life?
By Bill Schmick,
04:47PM / Thursday, August 11, 2022
Your elderly dog has arthritis. His breathing is difficult. He needs assistance to get up, and his bladder is failing. The vet bills are far higher than your own, and it is getting more difficult to pay them. "How much is too much?"   Some say there is a limit, others would be willing to go into enormous debt to prolong the life of their pet. The veterinarian technological and medical innovations of today make preserving your pet's life achievable. Vets offer plenty of ways to prolong life, even in cases of terminal illness.   Specialists abound who can offer chemotherapy, radiation, kidney transplants, drug trials, and much more. Given all these

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The Retired Investor: No End in Sight for Airline Agony
By Bill Schmick,
03:56PM / Thursday, July 28, 2022
Missing bags, canceled flights, stranded passengers, and interminable check-in times have made this summers' travel a nightmare. What's worse, the cost of travelling has exploded.   Consumers are paying an average 34 percent higher air fares this year versus last. The reasons why range from higher jet fuel costs, increased labor costs and sky rocketing demand among others. As the summer season progresses, it seems that the worse the experience gets, the more consumers are willing to pay.    If you watch the horror shows on the news, chaos abounds not only here in the U.S. but in the international airline system overall. Short comings in one

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The Retired Investor: Local Gas Stations Suffer From High Fuel Prices
By Bill Schmick,
10:34AM / Friday, July 22, 2022
Given the price jump in gasoline, you would think owners of the corner gas station are raking in the money. Unfortunately, the opposite is occurring, especially now that pump prices have been declining for more than a month.   "The national average price of a gallon of gasoline has dropped below $4.50 per gallon after touching $5 as recently as mid-June," according to Berkshire Money Management's Allen Harris. He goes on to say that despite the 10 percent decline, gas is still up 9.3 percent over the last three months. That brings the year's gain thus far to 36.8 percent    In an environment of higher gasoline prices, consumers are

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The Retired Investor: Public Sector Can't Compete in Tight Labor Market
By Bill Schmick,
04:01PM / Thursday, July 14, 2022
State and local government employees are essential in delivering everyday services to the American public, but the government's labor force is understaffed and has yet to recover from its pandemic lows. The reasons range from lower pay and less advancement to little flexibility in areas such as remote working.   Private-sector jobs have already surpassed pre-pandemic levels, while in the public sector, government employers are still looking for more than 664,000 workers with little success. This may sound like one of those "so what" kind of issues but consider this.   Public employees operate the nation's trains, subways and buses in addition

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The Retired Investor: China Tariffs on Deck
By Bill Schmick,
04:06PM / Thursday, July 07, 2022
The Biden administration is wrestling with whether to ease some of the Chinese import tariffs on billions of dollars of Chinese goods. If they do, it would mark the first step in reconciling the trade differences between the world's two largest economies and could even nudge down the inflation rate.   The trade war is now over four years old and substantial tariffs remain. "To what end," some may ask, as certain deadlines approach. The first tranche of the Section 301, China imports tariffs on $34 billions of goods, is set to expire this week. Another $16 billion worth of tariffs will expire on Aug. 23 followed by $100 billion of tariffs on Sept.

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