Posted on 10/15/2015 11:18:53 AM PDT by Brad from Tennessee
“Yeah, you’re right brainiac, seniors were born old and just skipped over that “regular people” part of life.”
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Thanks for your response to an inane comment.
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Sometimes the level of stupidity on FR just amazes me.
“Gasoline prices, in particular, have declined sharply, holding down overall prices in the economy.”
Gas and food aren’t included in inflation calculations so I find this to be deceptive.
Ouch. And you probably have a deductible in the thousands.
“it turns out that energy prices are a significant part of the CPI calculation used by the SSA. So, a big drop in gas prices (and heating oil, natural gas, electricity, etc.) cancels out increases in groceries.”
Huh? Natural gas prices aren’t related to gasoline prices. And electricity rates aren’t impacted by gasoline prices - natural gas power plants will be affected by natural gas prices, but again, it has no correlation to gasoline prices. And natural gas plants are dwarfed by the MW produced by coal and nuclear plants.
Heating oil I know nothing about- but I wouldn’t trust this article anyway.
Yep, tight and getting tighter.
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