News Headlines US Cost of Living Hits Record, Passing Pre-Crisis HighPublished: Thursday, 17 Mar 2011 | 4:09 PM ET Text Size By: John Melloy One would think that after the worst financial crisis since the Great Depression, Americans could at least catch a break for a while with deflationary forces keeping the cost of living relatively low. That’s not the case. A special index created by the Labor Department to measure the actual cost of living for Americans hit a record high in February, according to data released Thursday, surpassing the old high in July 2008. The Chained Consumer Price Index, released along with the more widely-watched CPI, increased 0.5 percent to 127.4, from 126.8 in January. In July 2008, just as the housing crisis was tightening its group, the Chained Consumer Price Index hit its previous record of 126.9. “The Federal Reserve continues to focus on the rate of change in inflation,” said Peter Bookvar, equity strategist at Miller Tabak. “Sure, it’s moving at a slower pace, but the absolute cost of living is now back at a record high in a country that has seven million less jobs.” I guess one could say..........Hope and Change For the Lose!!!! My its a hoot to be a conservative on this forum these days!!! Althugh I dont know.......perhaps there are some on this forum who think this is good news??? And Im laughing.........you look on this forum and see the titles of the threads posted up by frustrated and miserable liberals and they are quite laughable. Threads about Sarah Palin..........Wisconsin........Class Warfare.........More Sarah Palin..........Florida train project............... Political drivel in the broad scope of things. The Dems in charge of the whole gig the past two years and the country is going to hell in a hand basket. Anybody got the "Miss me Yet?" billboard to post up here????