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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: AK2004 who wrote (13858)5/13/2004 4:30:43 PM
From: benwood  Read Replies (1) of 110194
 
If we could only extrapolate your experience to the other 260 million folks in America. My premium (monthly co pay) went down this year, also, but it was a reaction to the aggressive contracts forced across the board in the past two years creating a surplus in the state coffers. Prescription costs, meanwhile, went up around 1000% for my family in the past two years thanks to a 3-tier co-pay and a new deductible on top of the regular one.

Inflation for the growing legions of uninsured just might be worse than our experiences, however. Tuition at U of Wash have outstripped so-calculated CPI for the past 10 years, and UW has already announced the intention of raising it the legal maximum of 7% per annum for the foreseeable future. In addition, they broke out majors that lead to high salary professions (lawyers & pharmacists that I can recall at the moment) and jacked up the tuition for those folks from 25-40% in the past year. I use less electricity and water now than three years ago, yet what I pay has more than doubled in those three years.

Still, blank CDs have gotten really cheap so it all averages out. <g>
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