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To: Smokin' Joe

What inflationary two check tipping point? What are you talking about? That’s not how inflation works.


88 posted on 09/26/2012 4:21:53 AM PDT by Tublecane
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To: Tublecane
Let me put it this way.

When over half of the formerly one wage-earner households had two incomes, the price of housing, vehicles, and dangnear everything else went up. While there was a gap in there when people could afford more stuff, it didn't last. There was more money in the economy, and it became worth less. The wages which would have sustained a household just didn't get the same at the store and it became more difficult to get by on just one paycheck.

That is inflation.

89 posted on 09/26/2012 4:53:35 AM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing)
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