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To: freedomwarrior998
Uh, wasn't Palin's quote: "everyone who ever goes out shopping for groceries knows that prices have risen significantly over the past year or so..."
The response by the WSJ reporter was that the increase was not actually significant.

What is or isn't "significant" depends upon one's income level and budget constraints.

66 posted on 11/09/2010 5:27:48 PM PST by ApplegateRanch (Made in America, by proud American citizens, in 1946.)
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To: ApplegateRanch

>>>What is or isn’t “significant” depends upon one’s income level and budget constraints.

Perhaps, but the average growth rate over the past 20 years is 2.7%. Current rate is 1.4%. I wouldn’t call that significantt growth. By comparison, real GDP grew at 2.0% in 3Q10. The 20-year average is 2.5%. I don’t think most people would say we saw significant growth in GDP last quarter.


67 posted on 11/10/2010 5:55:31 AM PST by NC28203
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