[puppypusher]

Maybe their models don’t work because the Obama administration has been fudging the inflation rate all along.

Any working stiff buying food and gasoline know that inflation has been surging over the last two years while our earning power has stayed stationary or has fallen.

[Cringing Negativism Network]

Maybe the models don’t work, because they were not meant to be run in a universe where our biggest competitor is a low-cost monopoly, with 1.2 billion people, and a one-party state running it all.

Just saying...

[Former Proud Canadian]

Models, at best, can only give you a rough idea of future trends in economics.

The reality of 330,000,000 people making independent decisions in their own self interest will frustrate the best model.

[minnesota_bound]

Gas prices - Historical Price Charts
http://www.gasbuddy.com/gb_retail_price_chart.aspx

Up up up. Add taxes to that number. Then add price of food and everything else. Inflation is high.

[Former Proud Canadian]

RE post 5: well, yeah.

[dsc]

“Any working stiff buying food and gasoline know that inflation has been surging over the last two years while our earning power has stayed stationary or has fallen.”

I have observed that continuously since my return to the States in 2006.