Posted on 06/02/2014 5:14:49 PM PDT by george76
A survey from the Bureau of Labor Statistics found that the average income for families of all sorts decreased from 2012 to 2013 by $103 to $65,069 before taxes, but their expenses went up by $777 a year to $51,408.
...
The biggest share of the increased expenses of the average American household went to transportation, which cost a total of $8,999 a year, or $494 more than the previous year, as a result of purchase prices going up.
(Excerpt) Read more at post-gazette.com ...
And thanks to Captain Midnight our electricity rates will soon climb even more.
Expenses, as in “inflation” or “taxes”??? So 6 years into Obama, we have wages falling and “expenses” increasing. They used to call this “stagflation” and the presidents who were in power when it happened — Ford and Carter — got killed at the polls. But they didn’t have the Pratorean Guard in the MSM that Obama has. So we get articles about how expenses increase, as if people are simply spending more. Why, that’s a good thing!!
Can’t be, the BLS says there isn’t any inflation.
Besides, food and energy prices “don’t count” towards inflation according to the government.
I have to refrain from saying anything when this subject comes up, so I don't. I know that all the hundreds of welfare programs got increased funding at five times the rate of, say, real Social Security recipients, who actually paid for it.
A lot of old folks on fixed incomes will be reduced to eating dog food,in a cold and dark house.
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