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To: Christopher Lincoln

I wonder what world the author lives in that he believes that the inflation rate is seventeen percent in the United States. Maybe he’s having a flashback to the Jimmy Carter years?


2 posted on 02/24/2008 7:39:50 AM PST by kingu (Party for rent - conservative opinions not required.)
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To: kingu

I don’t know what the inflation rate is but:

4 years ago the cheapest pair of hiking boots at Walmart cost $16.00.
2 years ago the cheapest pair of hiking boots at Walmart cost $20.00.
Last summer the cheapest pair of hiking boots at Walmart cost $24.00.

1 year ago I could buy 5 Jacks frozen pizzas for $10.00.
Six months ago I could buy 4 Jacks frozen pizzas for $10.00.
Yesterday, I could buy 3 Jacks frozen pizzas for $10.00.


15 posted on 02/24/2008 9:58:10 AM PST by live+let_live
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To: kingu
You're right - inflation is VERY low.

If you don't factor in those volatile food and energy prices...

Dude: they're taxing us through food and energy. Don't you get it?

29 posted on 02/24/2008 6:16:01 PM PST by an amused spectator (AGW: If you drag a hundred dollar bill through a research lab, you never know what you'll find)
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