|
Post by luapnor on Jun 12, 2024 7:02:28 GMT -5
You asked me to prove it?? You just did. 😁 In the 70’s food, fuel and rent were counted in the inflation index. Not no more. And remember, all though inflation was high our money was worth more and had better velocity. We were not trillions in debt. No one even used the word except astronomers. Food, fuel and rent are still included in the CPI. You don't know what you're talking about. LOL... you just love to argue the minutia of a single point just so you can be right.
Mr. Galt is pointing out the that the points of measurement have changed and if they were the same, the CPI would be higher. That is absolute fact. They used to measure Home costs, they dont anymore. THey have changed the products in an attempt to say, "THat is what people buy today" without regard to comparing what they used to buy but is too expensive now. We used to buy steaks but they are too expensive, so now we measure the cost of chicken because that is what people buy today.... so the cost of food really hasnt gone up.
|
|
|
Post by cadman on Jun 12, 2024 7:44:24 GMT -5
Food, fuel and rent are still included in the CPI. You don't know what you're talking about. LOL... you just love to argue the minutia of a single point just so you can be right.
Mr. Galt is pointing out the that the points of measurement have changed and if they were the same, the CPI would be higher. That is absolute fact. They used to measure Home costs, they dont anymore. THey have changed the products in an attempt to say, "THat is what people buy today" without regard to comparing what they used to buy but is too expensive now. We used to buy steaks but they are too expensive, so now we measure the cost of chicken because that is what people buy today.... so the cost of food really hasnt gone up.
The fact is, if it made a huge difference, the year they changed the formula, you would have seen a sharp change that one year, it never happened. The net affect of the changes over the years would be less than 1.25% in the rate, not the 5% or more the conspiracy nuts claim. The changes were also decades ago, the same formula used today was used when Trump was President and Obama was President. The Last change was under George Bush. So it benefited the previous administrations as well.
|
|
|
Post by johngalt on Jun 12, 2024 11:00:16 GMT -5
They don’t include the increase in home owners insurance either. What has that gone up in the last few years? Some people are losing their homes because they can’t afford the mortgage increases.
|
|
|
Post by johngalt on Jun 12, 2024 11:00:57 GMT -5
LOL... you just love to argue the minutia of a single point just so you can be right.
Mr. Galt is pointing out the that the points of measurement have changed and if they were the same, the CPI would be higher. That is absolute fact. They used to measure Home costs, they dont anymore. THey have changed the products in an attempt to say, "THat is what people buy today" without regard to comparing what they used to buy but is too expensive now. We used to buy steaks but they are too expensive, so now we measure the cost of chicken because that is what people buy today.... so the cost of food really hasnt gone up.
The fact is, if it made a huge difference, the year they changed the formula, you would have seen a sharp change that one year, it never happened. The net affect of the changes over the years would be less than 1.25% in the rate, not the 5% or more the conspiracy nuts claim. The changes were also decades ago, the same formula used today was used when Trump was President and Obama was President. The Last change was under George Bush. So it benefited the previous administrations as well. You need to quit digging that hole you’re in.
|
|
|
Post by gandy on Jun 12, 2024 11:02:14 GMT -5
Did the Dr. Phil short make it here yet?
|
|
|
Post by cyclist on Jun 12, 2024 11:11:14 GMT -5
They don’t include the increase in home owners insurance either. What has that gone up in the last few years? Some people are losing their homes because they can’t afford the mortgage increases. It would make florida and DeSantis look bad...
|
|
|
Post by ferris1248 on Jun 12, 2024 11:22:39 GMT -5
Dr. Phil ?? LMAO
|
|
|
Post by gandy on Jun 12, 2024 11:25:12 GMT -5
Are the numbers wrong?
|
|
|
Post by gandy on Jun 12, 2024 11:25:58 GMT -5
Well yes. Are they all that far off?
|
|
|
Post by luapnor on Jun 12, 2024 21:49:22 GMT -5
He did say that and also said he lived in Buckhead-Atlanta, his Dad was a 20 something year government employee and he had a Porsche he tooled around Sandy Springs in. He also said he refused to sign up for selective service after his Dad told him not to. He also said his Dad was in his 50s when he was born. I know it was him. He's didn't want to admit he is a boomer since he keeps blaming them for everything. Apparently he can't be honest either. You guys are competing with Biden for senility. Never lived in Atlanta Dad was 39 when I was born. He was born in 1919. He was 26yrs active, retired '61, 11 years civil service, retired 73. He was way smarter than you guys about what war is all about and how it works after being in theatre for the duration of two major wars. The draft wasn't even active when I was 18. I would never force anyone to get vaxxes or lose their job, I understand what's moral and what isn't, unlike Ferris. Are you finished making asses of yourself?
|
|
|
Post by garycoleco on Jun 13, 2024 8:20:21 GMT -5
Dr. Phil ?? LMAO You're just too old to jump ship now. You'll have to sink with it. He's right.... I posted this last year. It's from your mothership CNN — US inflation has had a snowballing effect on family budgets. The typical American household spent $709 more in July than they did two years ago to buy the same goods and services, according to Moody’s Analytics. That figure underscores the cumulative impact high inflation has had on consumer finances — even as price growth has cooled considerably in recent months. “High inflation of the past 2+ years has done lots of economic damage,” Mark Zandi, chief economist at Moody’s Analytics, wrote in a post on X, the platform formerly known as Twitter. Most of that increase in spending is driven by housing costs, which have surged, Zandi told CNN in an email on Friday. He added that families are also spending more at the grocery store; on buying, maintaining and insuring vehicles and on recreational services like cable. Of course, paychecks have also grown over the past two years — but not by as much as the cost of living. Inflation-adjusted earnings are stuck in 2019 Even though prices have soared, real earnings, which adjust for inflation, are stuck at late 2019 levels. “Real earnings remain below what they would have been if not for the pandemic and the Russian war, which is weighing on the collective psyche,” Zandi told CNN in an email on Friday. The good news is that wages are finally starting to outpace inflation and consumer price growth has eased significantly, so much so that many investors are betting the Federal Reserve is done raising interest rates.
|
|
|
Post by olmucky on Jul 2, 2024 9:08:28 GMT -5
|
|
|
Post by illinoisfisherman on Jul 2, 2024 9:15:28 GMT -5
Want to see how our economy is doing under Biden?
It’s simple!
Just go to the grocery store.
F..ing unbelievable. 😳👎
|
|
|
Post by ferris1248 on Jul 2, 2024 9:23:02 GMT -5
I know it was him. He's didn't want to admit he is a boomer since he keeps blaming them for everything. Apparently he can't be honest either. You guys are competing with Biden for senility. Never lived in Atlanta Dad was 39 when I was born. He was born in 1919. He was 26yrs active, retired '61, 11 years civil service, retired 73. He was way smarter than you guys about what war is all about and how it works after being in theatre for the duration of two major wars. The draft wasn't even active when I was 18. I would never force anyone to get vaxxes or lose their job, I understand what's moral and what isn't, unlike Ferris. Are you finished making asses of yourself? So the whole story of living in Buckhead, sporting around Sandy Springs in a Porsche, your Father telling you not to register with the Selective Service board is all a lie? So after participating in decisions that put thousands of young men in harms way, he didn't want his son to take a chance? It's interesting how folks without morality preach to others about theirs.
|
|
|
Post by meateater on Jul 2, 2024 14:34:33 GMT -5
wawa fort lauderdale. today at 1.15 pm. 7/2/2024. regular 3.69 . mid grade 3.99 . thanks whoever.
|
|