Oh, I am doing my research alright. I see 4.3 for October of 2007 5.6 for July 2008. Milk reached an all time high in 2007. Residential electric costs have steadily inclined period. Table 8.10 Average Retail Prices of Electricity, 1960-2011 (Cents per Kilowatthour, Including Taxes)
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Did it ever occur to you that you might be the one who is wrong? Your "research" is PERHAPS as inherently flawed as those whom you are accusing. And allow me to help you @Rumors understand the definition of condescending: /www.merriam-webster.com/dictionary/condescending
This is exactly what you are doing whether you "mean to" or not.
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He is already prodigiously unsuccessful! The man is being investigated for obstruction (FACT). And that is the not the worst of his abominations. @anthony Anthony's description is spot on.
Average cost of milk in January of 2008 was $3.80
Average cost of milk January 2011 was $3.30
Milk reached an all time high before the crisis...it dropped continuously throughout 2012 in to 2013 and went back up .18 per gallon and has now fallen off again back to $3.30.
Average cost of milk January 2011 was $3.30
Milk reached an all time high before the crisis...it dropped continuously throughout 2012 in to 2013 and went back up .18 per gallon and has now fallen off again back to $3.30.
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As far as the point I was making about social security. I was saying that was the reason they gave us for not giving us cost of living increases. That electronics, fashion and high end goods went down in price. perhaps I wasn't clear on that.
https://www.statista.com/statistics/236854/retail-price-of-milk-in-the-united-states/
https://www.statista.com/statistics/236854/retail-price-of-milk-in-the-united-states/
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Bureau of labor statistics.
https://data.bls.gov/timeseries/APU0000709112?data_tool=XGtable
https://data.bls.gov/timeseries/APU0000709112?data_tool=XGtable
You link seems to back up exactly what I am say, but it doesn't show prices before 2007. While I enjoy such discussions, and engage in regularly on other websites, I don't see either one of us changing the other persons opinion anytime soon. I think we should turn our focus back to the current crisis.
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anthony
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Maybe you need to find such statistics and link them for others to read, so they can understand if they're wrong vs. you just telling them so based on your opinion? Sources help credibility, alone with explanation from source -- otherwise your words are just "he said, she said" in essence.
EveHarrington
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Stop me if I'm wrong, but inflation is still INflation, even if the rate of inflation goes down. It's not an actual decrease until it's DEflation. Meaning that the overall inflation rate has ALWAYS been positive, it's just that at times its more positive than others. Hence why goods are always (on average) getting more expensive.
Show me DEflation and then we can talk about overall prices dropping, ok? :)
Think of it like inflating a balloon. It doesn't matter if you inflate it at a slower rate, the balloon is still getting bigger. It's not until you start to deflate the balloon that it actually gets smaller.
No facts/statistics to cite, just noticing that terminology seems to be misunderstood.
Show me DEflation and then we can talk about overall prices dropping, ok? :)
Think of it like inflating a balloon. It doesn't matter if you inflate it at a slower rate, the balloon is still getting bigger. It's not until you start to deflate the balloon that it actually gets smaller.
No facts/statistics to cite, just noticing that terminology seems to be misunderstood.
Consumer price index
12-month percentage change, Consumer Price Index, selected categories
Producer price index final last 12
Producer Price Indexes for final demand, 12-month percent change, not seasonally adjusted
Import/export
U.S. import and export price indexes, 12-month-percent change
This is a 12 month model of CPI on a 12 month model that shows food inflation being under 1%. You can drill down the model to more specific basis meaning food away from home which is higher than food in home. However, inflation rates remain on average under 2% and largely in home food remains under 1%.
12-month percentage change, Consumer Price Index, selected categories
On the first link, go to show table at the bottom and it will give you a month by month account but remember they take averages for the year..the graph isn't detailed enough to give you a full picture for the last 20 years and it breaks down commodities, etc.
If you have an interest in following statistics and government numbers, this really is the only site to go to. This is the government site that publishes the "correct" numbers...keeping in mind that we aren't sure anything the American government gives us is correct as it pertains to our books. As well, you can find great releases on important information.
If you have an interest in following statistics and government numbers, this really is the only site to go to. This is the government site that publishes the "correct" numbers...keeping in mind that we aren't sure anything the American government gives us is correct as it pertains to our books. As well, you can find great releases on important information.
Those are the percent changes and not the prices which can be found on that site here. https://data.bls.gov/cgi-bin/surveymost?ap
I do appreciate it though.
I do appreciate it though.
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