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Inflation has been alot higher for those who's basket of goods is weighted more toward the food and gas end of things and rather than the official govt one.
1 posted on 10/19/2011 6:16:05 AM PDT by Free Vulcan
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To: Free Vulcan
How can this be? Eddie Haskell (aka Timothy Geithner) has declared that there is no inflation.
2 posted on 10/19/2011 6:20:16 AM PDT by Army Air Corps (Four fried chickens and a coke)
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To: Free Vulcan
. Energy prices have soared 19.3% while food costs have risen 4.7% during the same span.

But they don't count.... riiiight.

3 posted on 10/19/2011 6:28:27 AM PDT by ladyvet ( I would rather have Incitatus then the asses that are in congress today.)
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To: Free Vulcan
The core rate of inflation, meanwhile, rose a smaller 0.1% in September, keeping its 12-month increase at 2.0%.

Does that take into account 'product shrinkage'?

What used to be 16-oz is now 12-oz at the same price or higher. And similar shrinkage has affected many products.

Most average citizens who have gone to the grocery store in the last 12 months would probably question that 'small' 2% increase.

Oh, that's right, food doesn't count in the figures.
4 posted on 10/19/2011 6:28:40 AM PDT by TomGuy
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To: Free Vulcan

Anybody who actually buys stuff like food and fuel would call BS on the statistic.

Thankfully most of those folks will be voting next November.

By election day, most folks will be referring to 2007 as the “good old days”.


7 posted on 10/19/2011 6:51:02 AM PDT by nascarnation (DEFEAT BARAQ 2012 DEPORT BARAQ 2013)
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