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You lost me. Who is talking about retired people being unemployed?
I paid 2200 for a slab of concrete last year and now the same size and amount of concrete that I had poured last week was 4500. So you can take your calculator and shove it. Thats what I paid.
I confused you and the OP with a similar name.
Your math is off in your post. This is a basic algebra.
Where should I shove the calculator exactly? I don't need it because I can do those calcs in my head, there is no shame in not being good at math.
Just trying to help you out. No need to get nasty.
Republicans are using inflation as a scare tactic because they don't like social spending programs.
So - did Biden find enough one-handed economists?
"US President Harry Truman (1945-1953) is widely credited with saying “Give me a one-handed economist! All my economists say ‘on the one hand… [and then] on the other.'” The President wanted decisions, not discussions."
Your math is off in your post. This is a basic algebra.
Where should I shove the calculator exactly? I don't need it because I can do those calcs in my head, there is no shame in not being good at math.
Just trying to help you out. No need to get nasty.
I am assuming you mis-read my post in regards to a metal building... however, the cost of concrete has doubled in our area.
The CPI is rigged, massaged, cooked, and manipulated. The CPI pre 1982 was a far more accurate assessment of inflation, but the central banks thought that it "overstated" inflation and that it needed to be "fixed." They "fixed" it alright. The fix is in. I made a thread about this topic s little while back, on the economics sub forum.
Look at the bright side.They can tout that consumer spending is up.
If the government were honest about inflation, the GDP would be revealed to be shrinking, not growing. Yet another reason why it is in the government's interest to lie about/understate inflation.
I went to the 99 Cent store this morning. Because Trader Joes and Whole foods have gotten too expensive and stopped carrying many items I liked.
Here's what I found. Strawberries went from $1 to $2.49 - a 150% increase, not 6.4%. Most fresh second grade vegetables went from $1 to $1.49, a 50% increase. Portabella mushrooms went from a package of 2 for $1 to ONE for $1.49, a 150% increase, accounting for the shrinkflation. Other vegetables were holding at .99 still. Onions, tomatoes, squash.
The canned shelves were taking a beating, empty spots, one row of cans. Long term items like canned hams, are, gone. Can't find spices like nutmeg and cinnamon.
I hear Dollar Tree has done a blanket increase from .99 to $1.24 - a 24% increase, not 6.4%.
I was at a chain market last week, milk went from $2.59 to $2.99. What's that, about a 20% increase? Eggs from .99 to $1.79 for the cheapest dozen, over a 75% increase.
Yes, I know I'm taking select items. But it doesn't change the fact that as usual the government is fudging the numbers and lying to us.
Just like with the unemployment rate, 4.6% is a lie. More like 25%. Maybe it's where I live (lot of retired folk) but it seems hardly anybody is working, except those with cushy govt jobs. Most are doing gig work, or on the dole, or selling dope or catalytic converters...
Let's compare notes. What's happening where you are?
Should the government enact price controls like in the 70's? If not now, when?
The Consumer Price Index measures the change in price from the same month one year ago. I don't know what time frame you are looking at. When you say strawberries went from $1 to $2.49, when were they $1? And is this the identical size package and source? And could it be that strawberries are out of season?
Some of the prices you quote sound quite cheap to me - like $1.79 for a dozen eggs or $2.99 for a gallon of milk. I know it depends a lot on where you are located and where you shop.
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