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To: metesky
What cost $1.00 in 1981 would cost $2.36 in 2006.

Also, if you were to buy exactly the same products in 2006 and 1981, they would cost you $1.00 and $0.42 respectively.

This is a little deceptive. I would make the case that for many products and/or services, the real cost is actually lower -- and in some cases MUCH lower -- in 2006 than in 1981.

15 posted on 06/16/2007 5:55:28 AM PDT by Alberta's Child (I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
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To: Alberta's Child
This is a little deceptive. I would make the case that for many products and/or services, the real cost is actually lower -- and in some cases MUCH lower -- in 2006 than in 1981.

IMO, what you're talking about is true, but it's more a function of productivity than deflation.

16 posted on 06/16/2007 6:12:51 AM PDT by metesky ("Brethren, leave us go amongst them." Rev. Capt. Samuel Johnston Clayton - Ward Bond- The Searchers)
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