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Keyword: costofliving

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  • Here's How much money it takes to live comfortably in the 50 biggest US cities

    04/19/2016 12:47:45 PM PDT · by SeekAndFind · 28 replies
    Business Insider ^ | 04/19/2016 | Elyssa Kirkham, GOBankingRates
    Unless you're tracking expenses carefully, it can be hard to tell whether your city's cost of living or your own spending habits are the cause of your financial troubles. Using the 50-30-20 budgeting rule, for example — in which 50 percent of income covers necessities, 30 percent is for discretionary items and 20 percent is saved — you can quickly determine whether your income is sufficient to cover expenses for living in your city. If it isn't, you might have to cut costs or maybe even move. GoBankingRates conducted a cost-of-living comparison of the 75 most populous U.S. cities, surveying...
  • The absolute worst advice we give to Americans struggling to pay rent

    07/30/2015 1:38:10 AM PDT · by 2ndDivisionVet · 54 replies
    The Daily Dot ^ | July 22, 2015 | Hanna Brooks Olsen
    In urban centers around the country, rental prices are soaring. Cities like San Francisco, Seattle, and New York City routinely report double-digit increases that make it nearly impossible for residents to make ends meet. But it’s not just dwellers of those metropolitan areas who are having a hard time paying the rent. According to a report out this week from the Harvard Joint Center for Housing Studies, more than half of renters in America are considered to be financially burdened by their rent, meaning that they spend more than 30 percent of their income just on where they live. High...
  • California's Affordability Crisis May Be a Voter Issue

    06/18/2015 6:22:53 AM PDT · by SeekAndFind · 1 replies
    RCM ^ | 06/18/2015 | Carson Bruno
    In the recently released May 2015 Golden State Poll, just 14 percent of Californian adults living in the Bay Area, Central Valley, and Southern California think one of the three state-level affordable housing policies tested would do the most to reduce the cost of purchasing a home. It is clear that while Californians do recognize the breadth of the affordability problem - 69 percent describe their area's housing market as expensive for the house you get - they necessarily don't feel the need to pressure their state leaders to do much. This, unfortunately, means Sacramento is unlikely to take the...
  • Low Oil Prices: A $660 Billion Stimulus Package

    10/17/2014 3:01:13 AM PDT · by 2ndDivisionVet · 18 replies
    BuzzFeed News ^ | October 16, 2014 | Matthew Zeitlin
    Crude prices have plunged by more than 20% in recent months. The fall means cheaper gas, cheaper flights, and generally good news for American consumers. Oil prices have been falling for months, and the slide could easily continue. With unprecedented instability in the Middle East, how could this be happening? The answer, according to analysts who follow the market, is a little bit of everything, from economic fundamentals in big oil consuming countries to growth in output among some oil producers. But much more clear is the effect of tumbling prices: Low oil prices are the equivalent of a massive...
  • Here's The Salary You Have To Earn To Buy A Home In These 13 Major US Cities

    09/03/2014 7:18:47 AM PDT · by SeekAndFind · 39 replies
    Business Insider ^ | 09/03/2014 | Libby Kane
    In May, we reported on the salary needed to buy a home in 12 major U.S. cities, based on first-quarter data analyzed by mortgage website HSH.com. The site has updated its data according to 2014 second-quarter numbers, which we've listed here (with the addition of Washington, D.C.).Spoiler alert: It's only gotten more expensive.The site looked at median home prices from the National Association of Realtors, along with interest rates for common 30-year, fixed-rate mortgages and property taxes and insurance costs, to figure out how much money it would take to pay a median-priced home's mortgage principal, taxes, and insurance — and how...
  • DWP To Explore Pricing Tiers Based On Residents’ Water Usage

    09/02/2014 3:05:54 PM PDT · by BenLurkin · 13 replies
    CBSLA.com) ^ | September 2, 2014 8:41 AM | Jon Baird
    LOS ANGELES (CBSLA.com) — Would adding a more complex pricing structure at the Los Angeles Department of Water and Power (DWP) encourage customers to cut back on their water usage? KNX 1070’s Jon Baird reports a recent UCLA study found that while some residents have stepped up conservation efforts, others have leveled off as the statewide drought continues to worsen. Last month, City Councilmen Felipe Fuentes and Mike Bonin introduced a motion (PDF) to have the DWP explore a number of conservation policy changes, including “an increasing block rate structure for DWP customers with more than two tiers, in which...
  • If Britain were a U.S. state, it would be the second-poorest, behind Alabama and before Mississippi

    08/27/2014 3:57:21 PM PDT · by Clintonfatigued · 32 replies
    The Washington Post ^ | August 26, 2014 | Hunter Schwarz
    If Britain were to join the United States, it would be the second-poorest state, behind Alabama and ahead of Mississippi. The ranking, determined by Fraser Nelson, an editor of The Spectator magazine, was made by dividing the gross domestic product of each state by its population, and it took into account purchasing power parity for cost of living. Several other European countries were also included in the ranking.
  • What's the Price of Happiness in Your State? (With Chart)

    07/21/2014 12:18:55 PM PDT · by 2ndDivisionVet · 9 replies
    The Philadelphia Inquirer ^ | July 21, 2014 | Eric Reed
    The price of happiness depends a lot on where you live, according to a new report by the investment group Advisor Perspectives. The analysis is based on the now-famous work by Princeton researchers Daniel Kahneman and Angus Deaton, who found that higher incomes only make people happier to a point. Up to about $75,000 per year, the more a household earns, the happier people are. After that benchmark, however, additional income "buys life satisfaction but not happiness." The team separated these two issues by distinguishing fun from happiness. More money still leads people to have more life experiences and greater...
  • 9 Of The Top 10 Occupations In America Pay An Average Wage Of Less Than $35,000 A Year

    04/03/2014 2:55:01 PM PDT · by SeekAndFind · 45 replies
    TEC ^ | 04/03/2014 | Michael Snyder
    According to stunning new numbers just released by the federal government, nine of the top ten most commonly held jobs in the United States pay an average wage of less than $35,000 a year. When you break that down, that means that most of these workers are making less than $3,000 a month before taxes. And once you consider how we are being taxed into oblivion, things become even more frightening. Can you pay a mortgage and support a family on just a couple grand a month? Of course not. In the old days, a single income would enable a...
  • Bureau of Labor Statistics--Consumer Price Index Summary

    01/16/2014 6:50:17 AM PST · by House Atreides · 6 replies
    Bureau of Labor Statistics ^ | January 16, 2014 | Bureau of Labor Statistics
    "...Expenditure Weight Update Effective with the release of the January 2014 CPI on February 20, 2014, the Bureau of Labor Statistics (BLS) will update the consumption expenditure weights in the Consumer Price Index for All Urban Consumers (CPI-U) and Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) to the 2011-12 period. The updated expenditure weights for these indexes will replace the 2009-2010 weights that were introduced effective with the January 2012 CPI release...."
  • Survey: US gas prices up 8 cents per gallon

    01/12/2014 5:57:00 PM PST · by Olog-hai · 9 replies
    Associated Press ^ | Jan 12, 2014 4:47 PM EST
    Industry analyst Trilby Lundberg says the average U.S. price of gasoline is up 8 cents a gallon over the past three weeks. According to the Lundberg Survey released Sunday, the average for a gallon of regular gas is now $3.35. Midgrade averages $3.54, and premium is $3.68. …
  • Americans keep moving to states with low taxes and housing costs

    10/31/2013 12:03:58 AM PDT · by Cincinatus' Wife · 44 replies
    Washington Examiner ^ | October 30, 2013 | MICHAEL BARONE
    Critics charge that Texas’s growth depends on the oil and gas industries and is weighted toward low-wage jobs. But in fact, Texas’s low-tax, light-regulation policies have produced a highly diversified economy that from 2002 to 2011 created nearly one-third of the nation’s highest-paying jobs. In those years, its number of upper- and middle-income jobs grew 24 percent.Where are Americans moving, and why? Timothy Noah, writing in the Washington Monthly, professes to be puzzled. He points out that people have been moving out of states with high per capita incomes -- Connecticut, New York, Massachusetts, Maryland -- to states with lower...
  • 'I was expressing my frustration with the high cost of living in New York'..

    08/07/2013 2:42:52 PM PDT · by Perdogg · 17 replies
    Daily Mail UK ^ | PUBLISHED: 10:54 EST, 7 August 2013 | UPDATED: 16:26 EST, 7 August 2013 | By Margot Peppers
    'I was expressing my frustration with the high cost of living in New York': Top Lacoste salesman is fired after posting his paycheck on Instagram A top salesman at Lacoste's flagship New York store has claimed that he was fired for posting a picture of his paycheck on Instagram. Wade Groom, from Brooklyn, New York, told Gothamist that he was merely 'expressing his frustration' with the expensive cost of living in New York, not with Lacoste in particular, when he shared a zoomed-out image of his pay slip.
  • Driving to work now costs $9,100 a year as insurance and maintenance prices rise

    04/17/2013 12:08:26 PM PDT · by 2ndDivisionVet · 21 replies
    The London Daily Mail ^ | April 17, 2013
    Owning a car will cost the average American driver more than $9,100 this year, the AAA has revealed. The automotive club unveiled its annual study of driving costs on Tuesday and found that the average sedan owner will rack of $0.61 for every mile on the road. SUV drivers are in for even more pain in the wallet - $0.77 per mile or $11,600 a year. The AAA estimates include nearly all expenses of taking to the road - from the cost of the car itself to gasoline, tires, insurance and repairs. The data estimates that Americans drive 15,000 miles...
  • Americans Spend $900 More A Year On Gas Under Obama

    02/23/2013 2:18:19 PM PST · by Kaslin · 41 replies
    Breitbart.com ^ | February 23, 203 | Winton Hall
    Today, Americans are spending $900 more annually on gas than they did in 2009.
  • Rami Levy: Govt. Bigger Monopoly than Business

    10/10/2012 1:33:34 AM PDT · by Eleutheria5 · 4 replies
    Arutz Sheva ^ | 10/10/12
    Speaking to Arutz Sheva, businessman and supermarket chain owner Rami Levy criticized politicians who blame corporations for increases in the cost of living. “I always argue that the public sector is more of a monopoly and more centralized than the private sector,” he said. “The bureaucracy it creates makes the cost of living more expensive by 15-20 percent,” he added. “When it comes to water, electricity, and property taxes...there’s no competition.”
  • Man complains to police of prostitute price hike

    09/01/2012 3:17:20 PM PDT · by PROCON · 38 replies
    AP ^ | Sep. 1, 2012 | AP
    ANN ARBOR, Mich. (AP) — Police in southeast Michigan say a man called to complain that a woman he had agreed to pay for sex unexpectedly increased the price. AnnArbor.com reports (http://bit.ly/Rw4Wcl ) that police were called to an Ann Arbor home late Wednesday on a report of a robbery. Police say the 45-year-old man and a 19-year-old Ohio woman he contacted online had agreed on a price, but that the man claimed she upped the cost after taking his money.
  • The Real Cost of Living: $150,000 Minimum

    05/10/2012 7:52:58 AM PDT · by 2ndDivisionVet · 8 replies
    The Fiscal Times ^ | March 7, 2012 | Yuval Rosenberg
    The divide between the 1 percent and the 99 percent has ignited a national debate about the income gap, especially since Occupy Wall Street protesters descended on lower Manhattan last fall. But how much money does it take to feel financially secure these days? The answer, at least according to a new survey of Americans by WSL/Strategic Retail, is $150,000. That level of income is more than three times the national median of $49,445 for 2010, and it’s enough to put a household into the top 10 percent nationally. The survey asked respondents to choose which of four categories best...
  • Krugman’s Miraculous Deception on Texas Wages

    08/23/2011 11:12:45 AM PDT · by Cincinatus' Wife · 17 replies
    Texas Insider ^ | August 23, 2011 | Philip Klein
    Ross Douthat came to the defense of Texas’s economic performance under Gov. Rick Perry today, and Paul Krugman was quick to fire back. But Krugman’s three-point assault misses three times. Krugman’s first two arguments frame the debate in maximalist terms to lower the threshold he has to meet as a critic. “First, the debate over the alleged Texas miracle is not over whether Texas is in fact a miserable failure,” Krugman writes. “All the critics need to show is that Texas is not in fact the miracle Perry claims. And it isn’t.” To start, it’s pretty absurd to set up...
  • Shanghai now more expensive than New York (Latest Worldwide Cost of Living Report)

    07/10/2011 2:53:10 PM PDT · by SeekAndFind · 11 replies
    CNN GO ^ | 07/10/2011
    Tokyo is still the world’s most expensive city to live in and Oslo and Osaka still make the top five, but the Worldwide Cost of Living 2011 survey just released from the Economist Intelligence Unit also revealed some dramatic changes in the last year. Australia has become one of the biggest risers, with the strong Aussie dollar lifting costs in Sydney (6th most expensive city), Melbourne (7th), Perth (13th) and Brisbane (14th) to their highest levels. Europe accounts for half the top 50 most expensive cities, with Paris in fourth spot, Zurich in fifth and Frankfurt and Geneva in eighth...
  • Many restaurants expecting to raise prices

    04/03/2011 9:35:20 AM PDT · by SmithL · 37 replies
    San Francisco Chronicle ^ | 4/3/11 | Stacy Finz, Chronicle Staff Writer
    The cost of beef has gone through the roof, coffee prices are at a 13-year high, and even produce grown right here in California is more expensive than usual.Grocery prices rose by more than 1 1/2 times the overall rate of inflation in 2010, according to government statistics, and economists predict that it will be even worse this year. For months consumers have grappled with higher prices at the supermarket, while restaurateurs pulled out every kitchen trick they could to absorb food inflation costs. Well, the party is over. Experts say restaurant-goers can expect to see as much as an...
  • US Cost of Living Hits Record, Passing Pre-Crisis High

    03/17/2011 4:15:30 PM PDT · by The Magical Mischief Tour · 18 replies
    CNBC ^ | 03/17/2011 | CNBC
    One would think that after the worst financial crisis since the Great Depression, Americans could at least catch a break for a while with deflationary forces keeping the cost of living relatively low. That’s not the case. A special index created by the Labor Department to measure the actual cost of living for Americans hit a record high in February, according to data released Thursday, surpassing the old high in July 2008. The Chained Consumer Price Index, released along with the more widely-watched CPI, increased 0.5 percent to 127.4, from 126.8 in January. In July 2008, just as the housing...
  • 5 Places to Retire On Social Security Alone

    06/19/2010 7:39:53 AM PDT · by BenLurkin · 142 replies · 2,795+ views
    yahoo ^ | Friday, June 18, 2010 | Kathleen Peddicord
    The average Social Security check is about $1,200. You can receive that payment while living anywhere in the world. In some countries, you can even have your Social Security check direct-deposited into your local bank account. Here are five places where you could retire on your Social Security income alone. Boquete, Panama. Panama offers super user-friendly options for foreign residency. Resident retirees receive a long list of benefits including discounts on everything from prescription medicines and in-country air travel to closing costs on the purchase of real estate. Granada, Nicaragua. Granada is ... home to a welcoming community of expat...
  • Sorry Seniors, No Social Security Cost Of Living Increase For You Next Year (And Maybe 2012)

    09/17/2010 1:23:02 PM PDT · by SeekAndFind · 10 replies
    Business Insider ^ | 09/17/2010 | Calculated Risk
    It won't be official until the BLS releases the September CPI-W report, but we can already say there will be no increase in Social Security benefits or the Maximum Contribution Base in 2011 (assuming no new legislation). The BLS reported this morning that the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) was at 214.205 in August (CPI-W was at 213.898 in July). Here is an explanation of why there will be no change (some repeated from a post last month): The calculation dates have changed over time (see Cost-of-Living Adjustments), but the current calculation uses the...
  • The World's Most Expensive Cities 2010

    06/26/2010 11:08:47 PM PDT · by DemforBush · 13 replies · 1+ views
    Yahoo (Businessweek) ^ | 6/26/10 | Venessa Wong
    If you think $43 is too much to pay for lunch, you shouldn't live in Oslo. According to "ECA International", a global human resources company, that's how much an average lunch costs in Norway's capital. But Oslo is only the second-most expensive city on ECA's ranking of 399 global locations...
  • Can FReepers provide a link to current national cost of living figures? (VANITY)

    03/05/2010 10:09:47 AM PST · by My hearts in London - Everett · 7 replies · 209+ views
    Me | 3/5/2010 | Myheartsinlondon-everett
    I'm having a discussion with someone who fancies himself an "intellectual" who argues that the "Living and wage costs have actually gone down since the financial crisis." Is this true? I don't see how it could be. Inflation has not increased to any real extent over the last 6 or 7 years from the information I'm finding so far.
  • Calling All California

    02/15/2010 5:59:19 PM PST · by School of Rational Thought · 22 replies · 666+ views
    vanity post | Feb 15, 2010 | self
    Economic conditions as they are, it appears that I will have to relocate, at least temporarily to California, to eke out a living. Things are happening quickly I need to make a decision tomorrow. So I am inappropriately using this forum to ask personal questions. Initially I will be hired as a consultant to TEST ME. If things work out they would hire me as permanent. What kind of taxes and at what rate should I expect? They want to give me a housing allowance. How much is enough for Burbank area (driving distance within)? How can I quickly find...
  • Social Security gets no Cola but Congress does(The leaders diss public but reward themselves)

    12/09/2009 5:23:45 AM PST · by bestintxas · 43 replies · 1,968+ views
    Canada Free Press ^ | 10/08/09 | Aaron Cantor
    Congress has, in their beneficence, decided that there will be no cost of living raise in 2010 for social security recipients. Congress and the Senate on the other hand will receive a $4,700.00 cost of living allowance or whatever you want to call it in 2010. The really dastardly part of it is that they have it fixed so that it is automatic and they, claiming plausible deniability, can say I didn’t vote for it. A lot of people have been crying for relief from these parasites for a long time and the numbers are growing daily. This is just...
  • Controversial economist challenging cost of proposed EPA rule

    12/03/2009 9:26:56 AM PST · by La Lydia · 1 replies · 319+ views
    Washington Post ^ | December 3, 2009 | Juliet Eilperin
    A controversial economist working at the Office of Management and Budget has raised questions about whether a new air pollution rule proposed by the Environmental Protection Agency would impose too high a cost on coal-fired power plants...Randall Lutter, who served as the Food and Drug Administration's head of policy under George W. Bush and has battled environmentalists for years on issues such as climate change and smog, has been examining the economic impact of federal rules at the Office of Information and Regulatory Affairs. Lutter is a long-time ally of OIRA's director, Cass Sunstein. While Lutter's job portfolio remains unclear,...
  • Social Security to make it official: No COLA

    10/15/2009 6:18:17 AM PDT · by rrstar96 · 44 replies · 1,386+ views
    CaribbeanBusinessPR.com ^ | October 15, 2009 | CB Online Staff
    WASHINGTON – The Social Security Administration makes it official Thursday: There will be no cost of living increase for Social Security recipients next year, the first year without one since automatic adjustments were adopted in 1975. The announcement comes as President Barack Obama and key members of Congress call for a second round of $250 payments to more than 50 million seniors, veterans, retired railroad workers and people with disabilities. The payments would be equal to about a 2 percent increase for the average Social Security recipient. The cost: $13 billion. Obama called on Congress Wednesday to approve the payments,...
  • Paul Krugman: The American Dream Is Dying (A UPS Driver can't really afford to live in Queens, NY)

    09/27/2009 7:26:40 PM PDT · by SeekAndFind · 56 replies · 3,152+ views
    Newsbusters ^ | 9/27/2009 | Noel Sheppard
    The American dream is not totally dead, but it’s being pretty, it’s dying pretty fast...Horatio Alger would move to Europe these days." So said New York Times columnist Paul Krugman Friday. Appearing with disgraced former New York governor Eliot Spitzer on HBO's "Real Time with Bill Maher," Krugman demonstrated perfectly why his perpertually pessimistic view of America is so revered by perpetually pessimistic liberals (partial transcript below the fold): PAUL KRUGMAN, NEW YORK TIMES: On bad mornings I wake up and think that we are turning into a Latin American country. I mean, and there's some of that there. But...
  • ObamaAmerica and Democrats to create more protest among the elderly

    08/23/2009 9:23:15 AM PDT · by usalady · 10 replies · 520+ views
    examiner.com ^ | August 23, 2009 | Martha
    The elder Americans who have been active in the protests at the Town Halls may have another reason to feel uneasy about ObamaAmerica. It could become another rallying point to oust Democrats in the coming 2010 elections and even carry over to 2012.
  • Global food supply is a growing problem

    06/08/2008 5:19:22 PM PDT · by DeaconBenjamin · 30 replies · 155+ views
    Telegraph (UK) ^ | June 8, 2008 | James Hall
    Food riots. Scores of panicked people protesting, burning effigies and chanting. Shops being ransacked, supplies running out as soon as they come in, and stricken communities stockpiling rice, bread and water for fear of going without. These have happened in Haiti and Egypt in recent months as the price of scarce food has soared. But what if they happened on the streets of Bromley? Or Newcastle? Or Bath? As bizarre as this might seem, the prospect of UK food shortages has started to be taken seriously by food manufacturers and retailers. The global food shortage has raced to the top...
  • N.Y.C. so costly you need to earn six figures to make middle class

    02/08/2009 10:54:24 AM PST · by RC one · 19 replies · 811+ views
    NY Daily News ^ | Friday, February 6th 2009, 1:04 PM | Elizabeth Hays
    More than $2,000 a month for day care. Some of the highest phone bills in the country. Jam-packed, 50-plus-minute commutes to work. You knew it was tough to live in New York City — but this tough? A new report shows just how ugly — and expensive — New York City can be, especially for the middle class, squeezed by skyrocketing living costs and stagnant wages. The study, released Thursday by the Center for an Urban Future, shows that New York City is hands-down the most expensive place to live in the country. Among the findings: A New Yorker would...
  • gasoline and food still costs the same

    08/01/2008 11:52:42 AM PDT · by mainestategop · 6 replies · 326+ views
    mainestategop blog ^ | 8/1/08 | mainestategop
    If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.” -Thomas Jefferson Well we are now living in a time when we are being told that there is a shortage of oil and food. The demand for food and gasoline is up but the supply has not gone up and that means higher prices. It now costs 5$...
  • Mexico's Pacific coast beckons retirees (Over 1 million North Americans retired to Mexico)

    04/01/2007 2:17:56 AM PDT · by 2ndDivisionVet · 43 replies · 1,521+ views
    The Washington Times ^ | April 1, 2007 | Tom Carter
    CHACALA, Mexico Retired U.S. soccer executive Gordon Preston has no regrets about retiring to Mexico. Standing on his third-floor patio, overlooking the turquoise blue Pacific Ocean, coconut palms swaying in the gentle breeze, he sipped his Pacifico beer, chuckled and shook his head. "No, I can't think of a single downside," said Mr. Preston, surveying the comfortable three-bedroom, three-bath home he had built and furnished for less than $100,000. "I feel at home here like nowhere else." Mr. Preston is a retired Detroit executive with the now-defunct North American Soccer League who helped bring the World Cup to the United...
  • California growing more slowly High cost of living seen as dampening its appeal

    12/22/2006 11:31:15 AM PST · by DogByte6RER · 60 replies · 1,259+ views
    SFGate.com ^ | December 21, 2006 | Tyche Hendricks
    California growing more slowly High cost of living seen as dampening its appeal Tyche hendricks, Chronicle Staff Writer Thursday, December 21, 2006 California's population growth rate slipped for a sixth year in a row as tens of thousands of residents left for other states, according to new estimates the state released Wednesday. Demographers said many of those who left probably were seeking a lower cost of living. New arrivals from other countries and babies born in California more than offset the departure of residents for other states, bringing California to an estimated total population of 37.4 million on July 1....
  • Average Wall Street paycheck nears $300,000

    10/18/2006 7:54:04 AM PDT · by Cagey · 17 replies · 603+ views
    Reuters ^ | 10-18-2006 | Jonathan Stempel
    NEW YORK, Oct 17 (Reuters) - Wall Street workers took home nearly $300,000 on average last year as profits from trading and merger advising fueled record earnings, New York State Comptroller Alan Hevesi said. Wall Street compensation averaged $289,664 per person, 5.1 times the average $56,634 for workers citywide, the comptroller said in a study released Tuesday. The highest-paid bankers and traders can command eight-figure pay packages. Bonuses totaled a record $21.5 billion, or $125,500 per person. The securities industry paid out $48.8 billion, while generating $2.1 billion of taxes for the city, Hevesi said. Wall Street compensation increased 21.9...
  • The LCLI (Liberal Cost of Living Increase)

    08/07/2006 9:35:30 PM PDT · by Seadog Bytes · 35 replies · 1,101+ views
    NRSC email ^ | August 7, 2006 | Mark Stephens
      From the Desk of Mark Stephens, Executive Director, NRSCDo you have your wallet handy? Well, you better . . . . . . Let me tell you why.The LCLI (Liberal Cost of Living Increase)Anytime liberal Democrats take the reins of government, the American people must pull out their wallets and pay a price. It's the automatic Liberal Cost of Living Increase - the LCLI. You see it happen at the local level, state level and at the federal level.Americans are feeling the squeeze of rising energy prices and escalating health care costs - but the LCLI will dwarf...

    05/31/2006 11:34:08 PM PDT · by bruinbirdman · 1 replies · 351+ views
    National Center for Policy Analysis ^ | 05/31/06 | Eric Schmidt
    STATE AND LOCAL ISSUES Boulder, Colo., is one of the first American cities to curtail development with growth control and publicly-funded land preservations. But does the city represent an example to follow or a mistake to avoid, asks Eric Schmidt of the Boulder Daily Camera? According to Randal O'Toole, author of "The Planning Penalty," Boulder's slow growth and open space policies drive housing prices past what average residents can afford: ** The combination adds $117,000 to the median price of a home, even when adjusted to reflect affluent residents' buying power; for example, a house worth $210,000 in Colorado Springs...
  • CA: Assembly approves minimum wage bill, sets up fight over cost-of-living increases

    05/31/2006 9:37:34 PM PDT · by NormsRevenge · 8 replies · 445+ views
    AP on Bakersfield Californian ^ | 5/31/06 | Samantha Young - ap
    Legislation that would give 1.4 million minimum wage earners a $1-an-hour pay raise and then tie their wages to increases in inflation was approved by the Assembly Wednesday night, setting the stage for a possible election-year fight with Gov. Arnold Schwarzenegger. The 43-30 vote sent the measure by Assemblywoman Sally Lieber, D-Santa Clara, to the Senate, which planned to vote on an identical increase by Sen. Gil Cedillo, D-Los Angeles, on Thursday. Both bills would raise the minimum wage from $6.75 to $7.75 an hour in two 50-cent steps - the first on July 1, 2007 and the second on...
  • The Middle Class on the Precipice

    01/10/2006 5:04:28 PM PST · by B-Chan · 51 replies · 1,259+ views
    Harvard Magazine ^ | January-February 2006 | Elizabeth Warren
    The Middle Class on the Precipice Rising financial risks for American families by Elizabeth Warren During the past generation, the American middle-class family that once could count on hard work and fair play to keep itself financially secure has been transformed by economic risk and new realities. Now a pink slip, a bad diagnosis, or a disappearing spouse can reduce a family from solidly middle class to newly poor in a few months. Middle-class families have been threatened on every front. Rocked by rising prices for essentials as men’s wages remained flat, both Dad and Mom have entered the workforce—a...
  • Rush Limbaugh: Lib Journalists Can't Afford to Live in New York

    12/22/2005 5:36:35 PM PST · by wagglebee · 74 replies · 3,421+ views
    RushLimbaugh.com ^ | 12/22/05 | Rush Limbaugh
    RUSH: I'm going to mention this again today. It's from Slate.com. It's by Daniel Gross, and it's just... Well, it speaks for itself. It may also explain why journalists are so mean and nasty and jealous and vengeful is because they have no money. (clearing throat) Daniel Gross, Slate.com, Tuesday December 20th, actually, this ran. "The New York real-estate boom is claiming a different kind of casualty, according to an article in Sunday's New York Times. Keying off a new report issued by the Center for an Urban Future, Jennifer Steinhauer noted that, thanks to high housing prices, many...
  • Might Be Moving to Allentown

    10/14/2005 8:26:50 PM PDT · by dpa5923 · 41 replies · 550+ views
    Me | Today | Me
    I am looking at a possible job in the Allentown area of PA. I need so info on schools, community, crime, cost of living, etc., etc. Forgive the vanity, but this is only my 3rd vanity in over 4 years and I know my fellow freepers are a source of knowledge. If you have any input, please provide. Thanks!
  • Silicon Valley losing its edge (to other U.S. Cities)

    09/19/2005 2:21:10 PM PDT · by indthkr · 67 replies · 1,142+ views
    EE Times ^ | 09/16/2005 | Charles Babcock
    Silicon Valley is going to lose its competitive advantage if it can't improve public education and traffic flow, contain the cost of housing, and reduce the effect of sales tax on manufacturing, says a report scheduled for release Sept. 21 by the Silicon Valley Leadership Group. Silicon Valley must compete with concentrations of high-tech industry in Research Triangle Park near Raleigh, N.C.; Boston; Fairfield County, Va.; Austin; Seattle; San Diego; and Portland, Ore. To remain competitive, the area must invest more in its highway and education infrastructure, while encouraging manufacturing, argues Wells Fargo senior economist Scott Anderson in the 38-page...
  • The Parable of the Mass Transit Rail System

    08/09/2005 10:38:08 AM PDT · by MikeHu · 3 replies · 304+ views
    A Free Republic original | August 9, 2005 | Mike Hu
    Hawaii citizens see it as a mark of distinction that they have a high cost of living -- because every justification and demand for a wage increase is not based on merit or increased productivity, but on the cost of living and the cost of living adjustment based on the rate of inflation. Therefore, it is desired that the rate of inflation be as high as possible, not realizing that wage increases fueling inflation may decrease their buying power, and value they receive for their exchanges. The highest inflation is when all the money in the world gets one nothing...
  • Six Figures? Not Enough!

    02/27/2005 4:31:19 AM PST · by MississippiMasterpiece · 40 replies · 8,364+ views
    The New York Times ^ | February 27, 2005 | Alex Williams
    Maureen Spillane, an executive at a shoe and handbag maker in New York, always thought a $100,000 salary equaled serious success. Like many professional people, however, when she finally broke the barrier, she was a bit deflated to learn that it was hardly salvation. It still took her several years of "hoarding away" and avoiding standard Manhattan indulgences - fancy food, fancy clothing - in order to afford a down payment on a one-bedroom fixer-upper on the Upper West Side. "It's not the big shiny number that you think about when you first get out of college," said Ms. Spillane,...
  • Dig deeper, Californians: Cost of living is going up

    12/31/2003 11:08:47 AM PST · by NormsRevenge · 8 replies · 298+ views
    Oakland Tribune ^ | 12/31/03 | Jill Tucker and Sean Holstege
    The cost of being a Californian is going up in 2004 and few in the Golden State will be spared from the efforts to bolster the state and local budgets with higher fees and fines. Fishing will cost more. So will filing for divorce. And driving. Or flying. And drinking from bottles and cans. Planning to pitch a tent this summer? That'll cost you. But perhaps nobody will feel the immediate effect of the new calendar like BART's 315,000 daily patrons. BART's across-the-board 10 percent fare increase takes effect with daytime service on Jan. 1. The average price of a...
  • Financial Freedom is a Cornerstone to all other Freedoms

    12/29/2003 3:13:56 PM PST · by Freedom2001 · 5 replies · 2,590+ views
    Standard of Living Committee | 12/29/2003 | Danny G. Goe
    Financial Freedom is a Cornerstone to all other Freedoms Others say "it’s the economy stupid" Many citizens have been "Free Traded" out of a job, and the American public has been hoodwinked into swallowing "Free Trade" hook line and sinker. The "Cash Cow" of tax revenue is citizens working for business and making an ever higher Standard of Living. Ask yourself which party is the friend of working citizens. I give up I don't know. Ask the candidates and ask them if they support foreign workers taking your job and the economic rug being pulled from out from under your...
  • New Jersey is #1!!An expensive victory for Jersey's drivers

    07/29/2003 9:21:08 PM PDT · by Coleus · 28 replies · 811+ views
    <p>Ah, driving in New Jersey. The most crowded roads.</p> <p>The longest commutes. The, ahem, nicest drivers.</p> <p>And the highest average auto insurance bills in the nation. Again.</p> <p>New Jersey beat out all the other states for the eighth time in the past decade, according to the annual National Association of Insurance Commissioners' survey, released yesterday.</p>