I had some drawer slides stocked away I bought about 2005 or so I think. The price on them was $3.16 each... $13.00 now.
Shocking.
Why the distinction? Obozo has screwed retirees even worse, since we have had a .1% increase in benefits since he took office. But of course, Congress has bumped welfare benefits up by over 30% in the same period. Couple this with free cell phones and try to tell me Congress isn't out to buy votes.
Now that I’m retired I’ll be getting poorer at an even faster rate since COLA is pegged at CPI minus 1 point. All I can hope for is that I’m not down to eating cat food by check out time.
We are doing just fine, and will net $40k on a house we bought just 5 years ago thanks to the oil boom here in West Texas.
But, it’s location.
If I were back home in Kansas, we would not be doing so well. Teaching salaries have barely budged there in five years, only a couple grand. Here, they have gone up close to 10 grand in that time because the economy is booming.
Now, if Obama has his way with oil regulation, that might change.
Hey, look at the upside! I’m losing weight. Food packages are much smaller and shrinking, to make you think they’re not more expensive than they were (they are by weight). So tinier boxes and bottles and cans make for smaller meals. The once mighty Big Mac is a small fraction the size what it was ten years ago.
But, but, but the Free Traitors said that moving all of our manufacturing and industrial jobs to Red China and other 3rd World pits was going to make us all rich!
Revelation 6:6
Not enough. Take the average employee, whatever the salary, and show the chart of “raises” compared to real inflation...over 20 years.