Monday, 26 September 2016
Just like the US 'officially' has NO unemployment (with almost 100 million workers unemployed), the USG says 'officially' there is NO inflation!
- Incredible. Four years without ANY inflation! If they say so, it must be true, right? Would they lie?
Following three years of NO increase in COLA (cost of living adjustment) because* there was NO INFLATION, the 2017 COLA increase will be an insignificant 0.2%....because there is still NO INFLATION.
- Never you mind that Medicare Part B monthly premiums will increase from 2016's $121.80 to $149 in 2017. That's about a 20% increase....but it's NOT INFLATION when the government does it (just like it's not lying when the government does it).
- For students of 'Common Core' math, attached are drive-thru menus from 1965 and 2009. Compare the 'cost' of a hamburger, which fundamentally transforms** from 25-cents to $1.99....unless you spend money the way your Uncle Sam does, then you can "Whopper Combo" it for $7.09.
The "mood" of very many likely voters in the coming November election might be summed up thus:
- "Don't do us any more 'favors' but at least you can stop slapping us in the face."
Sorry, happy voters, the beatings will continue until morale improves.
*From a USG website: quote: "with consumer prices down...[COLA] will not increase in 2016." unquote
**The price of one MacDonald's hamburger remained at 15-cents from 1955-1964, was 18-cents by 1968, 30-cents by 1974, 50-cents by 1984, 75-cents by 1990, and $1.90 in 1997. God knows what it costs now because few can afford to dine there except with EBT cards, which are FREE right, so who looks at the price any more?
From Theo Spark at 10:19