Posted on 10/30/2016 4:52:56 AM PDT by Leaning Right
The way that economic data is presented, we often think of inflation as a singular number representing a general increase in prices. *snip*
The good news is that the price of technology is generally getting cheaper. Software, TVs, wireless, and new cars have all come down in price relative to the CPI. Clothing, toys, and furniture are also way more affordable than they were 20 years ago.
The bad news? Most of the above items are not the ones that really matter to most of us. The things we actually need to live healthy and fruitful lives – education, food, healthcare, childcare, and housing – are all skyrocketing in cost.
(Excerpt) Read more at visualcapitalist.com ...
Didn’t the US government remove food and fuel from its calculation of the “cost of living”? The American people haven’t a clue about all of this.
Yes, but those only affect people who eat or go anywhere.
The only thing shrinking is the packaging the food comes in.
And property taxes. At least around here.
Teacher needs a new car.
It’s regressive inflation: it affects the poor the most. During the Depression, the Rockefeller could build the Empire State Building in under a year and under budget because labor and steel were cheap.
Cheap labor favors the haves.
Trump deserves to win.
There is something the Feds call “core inflation”, that’s inflation data excluding food and energy. The stated reason for this exclusion is that food and energy prices bounce around too much.
More likely a nose job. Healthcare bennies and pensions, rather than salaries, are what’re bleeding property owners dry. At least the ones paying full freight. So do NOT get me started on what NYS’s STAR program is doing to distort the real estate market.
The single largest consumable I use has gone down by over half thanks to fracking.
“Teacher needs a new car.”
Right! Drive through the parking lot of your local town hall and look at the high dollar cars of the bureaucrats. Audis and BMWs abound.
Took some steers to the market last week and they brought a measly $1 per pound, about the same price I was getting in the 70s. Certainly isn’t reflected in the cost of meat in the store.
In many towns, the elected officials are unpaid. The clerks in the town hall make small money, but some of them are spouses of high-paid professionals.
And I am not kidding about the price of the hamburger. It was that much in a local Costco last week.
I question whether clothing is less “essential” to a good life than education and child care, whatever those mean to the writer...
But I was homeschooled. My care was accomplished by my parents and my education was virtually free (and continues to be).
That sheepskin wall art has gotten expensive, but as clothes don’t make the man, neither does a square foot of diploma.
My property taxes are minimal and my house is in a choice neighborhood. No mortgage. But people keep on struggling to live in crime-ridden urban pestholes where the jobs are plentiful; jobs they must crave intensely, since to pursue them, they keep putting their kids in day care all the way to age 22.
I feel a rant coming on and I have to get ready for church. That’s another essential thing that isn’t more expensive!
Yes, this is true. Low pay but they often get good insurance for the family. At the higher levels, even in the local governments, some pretty hefty salaries can be seen.
Our electric bill this month is through the roof. The wife and I live in a 1,500 hundred ft.square ranch with no basement for crying out loud. She’s going to be on the phone on Monday with the company about it. My wife is The Holy Terror when she thinks she’s been over charged by somebody.
You live in Jersey? I do. Property taxes here fund education. Every time those dingbats get a raise my property taxes go up. It’s either that or some f**king illegal alien’s kid is jacking it up!
I know you are just being funny. However, as a very conservative Christian and an educator, I am tired of the constant bashing of “all” educators. Yes, We have a lot of trash in my profession but there are many of us who fight the good fight daily. We need more conservatives to join the fight and become educators instead of continually complaining without offering a realistic solution. Again, I am not angry at you I am just tired of all of the digs thrown at educators here. Thanks for letting me vent.
Not at all.
God have mercy. No...I'm not in Jersey. I make every effort to avoid that area when traveling in that area. Nothing personal. :-)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.