To: Uncle Miltie
Depends if one believes the government statistics on inflation used to calculate real income.
I do not.
8 posted on
03/03/2011 2:03:34 PM PST by
NeoCaveman
(Hu's your daddy)
To: NeoCaveman
I didn’t get your message.
Please type it on an IBM Selectric, and put it in the mail.
Then maybe I can read it and understand you.
Otherwise, all this newfangled technology is worthless.
10 posted on
03/03/2011 2:06:42 PM PST by
Uncle Miltie
("And did you exchange a walk on part in a war, for a lead role in a cage?")
To: NeoCaveman; Uncle Miltie
Depends if one believes the government statistics on inflation used to calculate real income.
I do not.
Nor do I. The CPI is adjusted downward by hedonics, the substitution effect, and weighting. That basket of goods is no longer fixed, but constantly changes.
16 posted on
03/03/2011 2:41:16 PM PST by
algernonpj
(He who pays the piper . . .)
To: NeoCaveman
“Depends if one believes the government statistics on inflation used to calculate real income.
I do not.”
Nor do I or many others they changed how it is calculated for one thing and do not take food and energy into account any longer.
How Inflation Could Be 66% Higher Than the Fed Reports
See full article from DailyFinance: http://srph.it/hVHkw8
23 posted on
03/03/2011 3:49:44 PM PST by
FromLori
(FromLori">)
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