[Wyatt's Torch]

Wait...... I read on Free Republic that real inflation is 20%+ not the made up sub 2% number so this article is obviously bogus.......

[TomGuy]

I read on Free Republic that real inflation is 20%+ not the made up sub 2% number so this article is obviously bogus

That is why food and fuel prices are typically excluded from the 'inflation rate'.

Neat, huh.

[prof.h.mandingo]

I guess you eat DVR’s and sheet rock. The 20% number is silly and you know better. But the problem is that essentials are in fact going up and everyone but you seem to know it. Is it 20%? Of course not but it is more than 2% for items that people have to have. Gasoline is considered “volatile” and it is. But it is generally higher than lower over time. It does dip and you are correct to point out that fact. The problem is the dips are fewer and farther between. If it is higher for 9 months I do not recoup that in three months. Plus cereals and other grains have not appreciably gone down.
I don't have charts and other crap. I have my lighter wallet, buying essentially the same crap I have purchased over the last few years. Packages are smaller for the same money. You have said this is accounted for but I don't see it. If the portion is smaller and the price is the same, how is that not an increase in price? And it's more than 2%. I am hard pressed to find food prices lower to any significant degree.
Taxes are higher, my wage is just about the same and you want me to think everything is great. Sorry I don't buy it.

[SVTCobra03]

Real inflation is 9%. Real unemployment is 20%.