Inflation higher than you think.

Discussion in 'Economy' started by Quantum Windbag, Mar 1, 2012.

  1. Quantum Windbag
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    Quantum Windbag Gold Member

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    The CPI is not an accurate measure of inflation, someone anyone who is not rich realizes every time they go shopping.

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    Inflation: Not as low as you think - CBS News

    The report is here.

    The EPI Reflects Basic Economic Change | AIER
     
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  2. TruthSeeker56
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    TruthSeeker56 Silver Member

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    So you're calling the Obama administration a bunch of LIARS? That's RACIST! You're a bigot! You're also closed-minded! You're not being fair! You must be a right wing extremist! I'm going to report you to Obama's internet police!

    Wow, I need a shower. ACTING like a bedwetting leftist Obamanista makes me feel DIRTY.
     
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  3. g5000
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    g5000 Diamond Member

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    And the Bush, Jr. Administration. And Clinton. And Bush, Sr. And Reagan.

    The chart goes back to 1987.
     
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  4. Avorysuds
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    Avorysuds Gold Member

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    kinda amazing how poor of a job they do that just so happens to make them look good. Oh well.
     
  5. NYcarbineer
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    NYcarbineer Diamond Member

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    Then I guess in all fairness we should tie Social Security cost of living increases to the higher, 'real', rate.
     
  6. Old Rocks
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    Old Rocks Diamond Member

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    I am fine with that. LOL
     
  7. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    I believe they changed the way inflation is/was measured, to make it look better than it actually is. Same with unemployment, we're being lied to. But then I suppose most of us know that.
     
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  8. Quantum Windbag
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    Quantum Windbag Gold Member

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    Right after we add means testing, raise the retirement age, and completely fund the trust fund.
     
    Last edited: Mar 2, 2012
  9. auditor0007
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    auditor0007 Gold Member

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    Amazing how that works, isn't it? Yes inflation is somewhat higher than stated for most people. There really is no argument to that, but the system currently used is the same as has been used through past administrations, as you pointed out.
     
  10. DaGoose
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    DaGoose Gold Member

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    Let's see.....we've already raised the retirement age so that leaves completely funding the trust fund. And I propose that we eliminate the earnings cap and then increase taxes to cover the shortfall.

    What kind of means testing would you like to see?
     

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