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Politics : Ask Michael Burke

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To: gbh who wrote (46552)	2/11/1999 1:12:00 PM
From: Bonnie Bear	Read Replies (1) of 132070

low inflation? Then why have house prices been going up "faster than inflation" for several years now? Why have health care premiums gone up 10%? How is it that the sizes in the fed CPI "market basket" have gone down? Here is you magic formula. Dow*1000 = national debt. The real debt is closer to 8500 than 5700 as advertised. The Dow is a proxy for the amount of tax revenue the feds need to pay the deficit every year. Now, where you do see the dow going, 3000 or 30,000? Yup. Is your salary going up? nope. Are your taxes going up? yup.

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