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pscot

(21,044 posts)

8. 2.5% inflation coupled with wage deflation

Reply to cthulu2016 (Reply #7)

Sat May 5, 2012, 01:06 PM

May 2012

and offshore job migrattion leaves the middling class in an untenable situation. The fact that the price of some electronic gadget from China has gone down means nothing to people whose major expenses involve food, energy and medical care. It may not meet some technical criteria for inflation, but it's never the less slowly drainng the hope and vitality out of half the people in this country.

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Confidence!!! [View all] cthulu2016 May 2012 OP

This message was self-deleted by its author freshwest May 2012 #1

But we do have inflation pscot May 2012 #2

we really don't cthulu2016 May 2012 #3

According to the BLS inflation calculator pscot May 2012 #6

You are not very familiar with the habits of ducks cthulu2016 May 2012 #7

2.5% inflation coupled with wage deflation pscot May 2012 #8

I am not suggesting that it isn't harder for people to live cthulu2016 May 2012 #9

I don't disagree with what you're saying pscot May 2012 #10

The COLA problem is indeed real cthulu2016 May 2012 #13

Emphatic K&R. The idea that deficits cause contraction (and that coalition_unwilling May 2012 #4

Vain K&R. Egalitarian Thug May 2012 #5

President Obama ProSense May 2012 #11

Yes, Obama doesn't have to balance the budget cthulu2016 May 2012 #12