Archive for June, 2006

Friday, June 23rd, 2006

Salaries not keeping up with inflation?

According to this article on MSNBC.com, the average salary range increase for this year is 3.5%.  This doesn’t exactly keep up with the government’s released figures of 5.2% CPI-U inflation rate.  Essentially, the average salary worker is losing $17 per $1000 earned to inflation this year.  For someone making $40,000/year that translates to a loss […]

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Sunday, June 18th, 2006

Inflation!

Holy cow! According to the latest inflation report http://www.bls.gov/news.release/cpi.nr0.htm , inflation is growing at 5.2% but what is truly scary is that these are government manipulated numbers that have “substitution”, “exclusions”, and other “anomolies.” As a general rule, always had 20% to government numbers so you really get inflation growing at least 6.25%! What are […]

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