Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: gusopol3
I apologize, the top line of your reply was scrolled up too far when I composed my answer, you did read the whole thing. Since the question about wages isn’t comparing years what would it adjust inflation to?

I don't know. I do know that blue collar wages haven't kept up with inflation. It's a neat trick these guys use to make us think that we are actually paying less for goods now than we did years ago - until you factor in wages NOT having kept up with inflation.

Just because the price of an LCD tv goes down doesn't mean everyone can afford it.

The CPI should be limted to consumables and forget the tv's and iPods, et al. I am not sure but I don't think college tuition is included in the CPI. Imagine what the CPI would be if it only included food, energy and the things we need to live.

38 posted on 12/02/2007 6:25:59 AM PST by raybbr (You think it's bad now - wait till the anchor babies start to vote.)
[ Post Reply | Private Reply | To 36 | View Replies ]


To: raybbr

What % of your budget is food & energy? Combined it’s about 12-18% of mine depending on the month. We need more included besides those 2 things whether you like it or not.


46 posted on 12/02/2007 7:05:39 AM PST by rb22982
[ Post Reply | Private Reply | To 38 | View Replies ]

To: raybbr
Imagine CPI if it included food, energy and the things we need to live.

Or even the things people really like to buy - you can bet booze, beer, and ciggies aren't included either.
47 posted on 12/02/2007 7:18:26 AM PST by Freedom4US
[ Post Reply | Private Reply | To 38 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson