[Tolerance Sucks Rocks]

I guess the U.S. government is not the only one that lies about the inflation rate.

[rabscuttle385]

No wonder hard-working families wonder how the Retail Price Index (RPI) can be only 4.2 per cent and the Government's preferred measure of inflation – the Consumer Price Index (CPI) – claims inflation is only three per cent.

In private industry, cooking your books would be illegal (see Enron, MCI Worldcom, and others). Unfortunately for us, Big Government makes the rules but refuses to play by them.

[WoofDog123]

nice to see a major publication come out and say it, but how many Freepers actually believe US government CPI numbers? I know some do, as I have had similar discussions before, but presumably at some future point it will be clear to all concerned that the cost of living in the US is going up at 10%+ annually, easily, at present.

[maine-iac7]

Even 9.5 won't reach just the increase in fuel oil -

Gotta love the Gov't's cost of living increases on Social Sec, for example: "Your COL for the coming year is x-amount" = and then 'Your increase in Medicare deduction" takes most of the 'increase' back.

I've been retired now 10 years - and the Medicare deduction (not counting the yearly deductible and 20% copay) has more than doubled to the $100 per month level - no doubt above $100 this coming year.

[knighthawk]

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