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the only thing that deflated was housing...everything else....everything else went up
actual cost inflation is up at least 15%
you better go to the store and readjust your numbers
inflation has been near 15% for the last 3 years
look at the prices in the stores
have you benn to the store
prices are going up, and up
coffee is double what it was just 5 years ago in 2008
coffee up
sugar up
cotton up
corn up
all other vegitable up
all meats up
almost everything us up
REAL INFALTION IS CURRENTLY ABOUT 10-15% or more...unfortuantely the government(from either party) doesnt give us the REAL numbers
it certainly is for every working class person or old person
you think that your utility cost being up is not inlation???
you think your medical/pharm costs being up is not inflation???
you think your clothing costs being up is not inflation???
you think your housing (rent and rela taxes) being up is not inflation???
you think food costs going up is not inflation???
you think building supply costs (ie home depot) being UP is not inflation???
almost EVERYTHING we use has gone up by at least 10% to in some cases 30% in the last 3 years...and you are going to tell me inflation is "only 2% or less"
have you been to the store???...have you SEEN THE PRICES???? milk is nearly $4 a gallon...meats have gone though the roof...in 2004 a 3lb can of coffee was about $3...today its a 2.2lb can of coffee and its $10...over a 300% increase in less than 10 years
sorry you are too blind to see
you certainly do prove that the sheeple are out there for the slaughter
so are you going to tell me YOU BELIEVE the government TELLING YOU that inflation is at 0-3% when PRICES in nearly everything have risen 10-20% or more????
the 'inflation rate' is not REAL INFLATION (ie COST inflation) that real americans (and seniors) feel with almost everything we buy
costs are going up on almost everything..especially food (which is NOT counted in the 'inflation rate')
Junk fish called Tauplia which was selling in 2008 for 1.28 a pound is now close to 5.00 a pound...Catfish that averaged between 3.49 and 3.99 at 6.00 plus.... Not just one store, they are all similar in price. Paper towels are highway robbery.....deli ham/turkey which I used to get for 2-4 a pound...now 6-9 a pound
last Thanksgiving,,Sweet potatoes they were 49 cent/pound...now $1.79/pound
breyers icecream HALF GALLON, was (2008) 2for 5...now its 1.5 quarts and its 4/each
Even cooking oil 48 fl oz... went from $2.99 (reg. p about 6 months ago) to $3.69 (sale)... from $4.29 (reg. price).
Oh look a shadow stats BSer. You know that is a made up conspiracy theory right. In 2009 prices on everything went down. However, moderate inflation occurred in 2010-present. Moderate in the range of maybe a few points.
Once more you cannot cherry pick commodities to show inflation. Only an idiot would believe that because there are numerous variables that effect commodity prices so looking at a few choice commodities could easily sway an idiot into believing there is either rapid inflation or rapid deflation depending on which commodities one chooses.
In fact, there are jokes about proving massive deflation by citing the prices of flat screen TVs or even more the price of a set amount of computing power over time.
That won't happen.
Small changes will happen like I stated earlier.
2 people will get scheduled for shifts instead of 3.
Full time greeters will disappear and other workers will absorb those duties.
You end up packing your own food at the supermarket more often.
You seem to be looking for headlines of thousands layed off.
That won't happen in min wage jobs.
Walmart, for example, has gone from an average of 338 employees per store in 2007 to an average of 281 employees per store in 2013. That's "only" about 50 employees per store..quite absorbable by Walmart.
But add those 50 employees per store for each Walmart store and you start to get a pretty big number.
So yeah..keep telling us how higher wages don't impact employment because you see no news of "mass firing" going on at these service companies.
So basically it will have little to no effect beyond normal fluctuations in the job market.
Most jobs are above minimum wage and when an employee gets a raise it doesn't mean someone else gets laid off.
No you wouldn't. The information is out there to READ about it.
I don't follow McDonalds news, why should I care what McDonalds does? There is a lot of information out there, it is impossible to pay attention to everything.
Oh look a shadow stats BSer. You know that is a made up conspiracy theory right. In 2009 prices on everything went down. However, moderate inflation occurred in 2010-present. Moderate in the range of maybe a few points.
Once more you cannot cherry pick commodities to show inflation. Only an idiot would believe that because there are numerous variables that effect commodity prices so looking at a few could easily sway an idiot into believing there is either rapid inflation or rapid deflation depending on which commodities one chooses.
In fact, there are jokes about proving massive deflation by citing the prices of flat screen TVs or even more the price of a set amount of computing power over time.
cherry pick...I am the one who does the shopping...apparently you dont
You're not going to see "mass layoffs" at min wage jobs.
It's one/two/three employees let go. They'll schedule 3 closers instead of 4. That's what you'll see if you look hard enough.
Mass layoffs are for the big multinationals that let go of thousands at a time.
FF places are franchised and don't even employ "masses" to fire
Walgreens just announced 76 stores will be closed. Projected savings: 250 mill/year, even if 1/3rd are non-personnel savings, that is thousands of jobs cut in those projected savings.
So basically it will have little to no effect beyond normal fluctuations in the job market.
Most jobs are above minimum wage and when an employee gets a raise it doesn't mean someone else gets laid off.
That's not "normal fluctuations" by any means.
And when they get a raise it's not a $2/hour raise is it ?
How can you possibly compare a normal raise of $.25-$.50/hour to a mandated raise to all of $2/hour ?
cherry pick...I am the one who does the shopping...apparently you dont
Yup cherry pick. Most of the costs you cited are either not up much at all since 2008 or are tightly controlled commodities through government regulation e.g. utilities and pharma with prices subject to a lot either local, or national regulation.
That is why the CPI is generally used because it is a basket of commodities that reflect the economy as a whole, now it has its problems, but not the kind of problems the conspiracy minded right places on it.
Walgreens just announced 76 stores will be closed. Projected savings: 250 mill/year, even if 1/3rd are non-personnel savings, that is thousands of jobs cut in those projected savings.
And CVS is expanding, that is how business works.
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