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Post by woodyz on Jan 6, 2015 20:54:25 GMT -7
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Post by thywar on Jan 6, 2015 21:58:06 GMT -7
When you see it like that it's an eye opener
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Post by Cwi555 on Jan 7, 2015 20:39:35 GMT -7
My numbers are a bit higher than that but not by much though. That basket of goods is may be the difference.
$1,385 is what they quote in 08 jumping to $1,941 now.
08 was 1,313 and 2,047 in Dec last year. Going back further it was 879 in 98, and 750 in 88. That gets back to the outside edges of LTSF.
26 years is pushing it for some foods. 25 years is the ideal cycle time frame, 26 is doable, but 30 gets into negative territory except for properly stored wheat, rice, etc.
Eat what you store is the best option long term.
As for the inflation, median income etc has to be viewed against it for an accurate picture. Their numbers are skewed due to this. Their numbers for that time frame are at 33.1%. I say it's actually higher by ~6%.
14/hr in 91 would have to be 36/hr today if your going to match purchasing power.
That also has to be factored in.
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Post by thedude74 on Mar 10, 2015 20:43:22 GMT -7
Speaking of skewed numbers....two items the fed govt does not include in yearly inflation # are food and energy. Sort of like when the unemployment #s come out yet don't include those who have run out of benefits, those with part time jobs and those who have quit applying for jobs.
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Post by mud on Mar 18, 2015 17:29:20 GMT -7
I make more per hour than I ever have yet have lest spendable cash...That is a good enough indicator for me
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