To: valkyrieanne
Medical insurance costs have been going up 10-15% *per year.*
And so have housing prices (although rents are falling). How the government can claim we have sub 1% inflation is beyond me.
Well it isn't entirely beyond my non-economist brain: they perform trickery. Like saying that a family can switch from eating expensive beef to eating cheaper chicken as being an equal trade, and not a sign of increasing prices. Hey, they're still getting their calories, right?
151 posted on
03/09/2004 7:38:01 PM PST by
lelio
To: lelio
)." How the government can claim we have sub 1% inflation is beyond me."
It is easy when you use their "market basket". We need an index based on necessities only and I mean REAL necessities, such an index would show huge annual increases.
As it stands now, the government figures are meaningless.
377 posted on
03/09/2004 10:05:07 PM PST by
RipSawyer
(Mercy on a pore boy lemme have a dollar bill!)
To: lelio
And so have housing prices (although rents are falling). How the government can claim we have sub 1% inflation is beyond me.Microwaves go from $149 to $49 and it is hailed as a free market triumph. Meanwhile, I get to pay a half-million dollars for a house made of sawdust and glue with wages that are less than half of what they used to be. Sounds like a good trade-off to me.
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