Posted on 10/30/2016 4:52:56 AM PDT by Leaning Right
And they labeled it “Core Inflation”. You don’t get anymore “Core” than food and fuel.
Indeed it’s the number system they use when they don’t count 94 million people unemployed.
The chart shows that domestic products/services cost way more, imported way less.
Cause: government mandated costs.
Inflation may be officially low like the unemployment rate. Phony numbers.
Inflation hidden in plain site with all the high food and other product prices.
High college costs are for pension plans for gov’t workers.
However they try to hide inflation, they can’t mask the fact that Americans have less and less to spend on such “extras” as vacations, homes, children, restaurants, etc.
Business owners are the nest gauge of the economy; when the folks that used to sell expensive toys to prosperous Americans watch those funds used for groceries and housing instead, they know the government is lying.
“Didn’t the US government remove food and fuel from its calculation of the “cost of living”?”
If I recall they removed food, fuel, insurance, medical costs, and taxes. (The taxes on my previous home went from $500 to $1875 in ten years. If inflation was 10% a year they would only have doubled. No increase in services.)
Another trick they use is to say that a device you buy today is better than the same device ten years ago. Therefore, if the price goes up the extra utility is used to lower it. The increase in price of cell phones, computers and other appliances are artificially reduced. Sure your new refrigerator cost nearly $2,000 but it is connected to the internet and reminds you to buy milk. So, the price is adjusted to what a similar sized but cheaper unit cost ten years ago.
5.56 ammo ticked up 10% in the last week as the election nears.
If you you were not bashing teachers, then I apologize for jumping to conclusions. Unfortunately, it is too often the bandwagon that some on FR hop on. It is not an easy job fighting the communist/satanic agenda in our schools.
I worked for thirty one years in a power plant. We produced the lowest cost electricity in our company, used extremely LOW SULFUR Wyoming coal and met the tough clean air requirements of our state.
I retired when OBAMA was elected, and his demand we put “scrubbers” in our plant to remove non existent sulfur dioxide.
Now my electric bills are very high! Higher this year than ever before! I have a list of what each month cost for the last five years. Up, up, up!
A few years ago in the county where I live the teachers tried to use the pity vote to get a big pay raise/tax increase by claiming a teacher who was single could not afford to purchase a house in this county. Since the median price of a home here is well over $200, and well above the national median, a bunch of us tax-paying peons started to fight back with a campaign saying that most people here could only afford a home if they were married or living with others and sharing the mortgage and expenses.
The teachers' raise lost and they were not happy, but they have never tried that tactic again.
Interesting....
Rev 6:5 When He opened the third seal, I heard the third living creature say, "Come and see." So I looked, and behold, a black horse, and he who sat on it had a pair of scales in his hand.
Rev 6:6 And I heard a voice in the midst of the four living creatures saying, "A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine."
The 3rd horseman of the apocalypse is about inflation and the resulting famine. Basic food stuffs, wheat and barley, will cost an average of an entire days wages. Luxuries, like oil and wine, will remain priced low.
That is exactly what the article talks about.
The problem isn’t teachers - they come good, bad and indifferent. The problem is the public school monopoly, which encourages (in economic terms) rent-seeking - overpricing of a product or service regardless of quality.
If any reasonable degree of competition was baked into the educational system, the good teachers would profit most of all - everybody would want them. With a system unduly influenced by teachers unions, a world-class teacher with 30 years experience is valued effectively the same as a useless time-server who’s been wasting the time of children for the same 30 years.
I imagine the effects of the misery index are being manipulated right now being to cause more tension in family households. Tyrants use it to divert attention from important issues but if course a liberal would call this a conspiracy theory because they lack of intellect and imagination to understand how the real world is manipulated. All they would have to do is pickup a copy of the Art of War and realize this stuff is thousands of years old and involves wisdom, something they know absolutely nothing about.
The only thing shrinking is the packaging the food comes in.
Exhibit A: any Little Debbie snacks or recent potato chips bag. Couldn’t believe how small they had shrunk a bag of Funions the other day. It was probably the width of a woman’s wrist.
"Stated" is right - it's a cop-out. The stock market "bounces around", yet it is tracked with moving averages (200-day, etc.) that give a general idea of direction.
I agree. My point is if we want to do something about it we need to have conservatives on the inside and on the outside working towards that goal.
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