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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (88851)	1/25/2001 7:49:45 PM
From: Ronald J. Clark	Respond to of 132070

Check your local real estate taxes, your federal and state income taxes, sales taxes, Medicare and Social Security taxes. The government as usual is taking full advantage of the alledged boom times. Yes there is inflation IMHO.

To: ild who wrote (88851)	1/25/2001 9:58:33 PM
From: Tommaso	Respond to of 132070

Taco Bell has raised the price of the Double-Decker from 99 cents to $1.09. That's 10% inflation.

To: ild who wrote (88851)	1/26/2001 11:23:13 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

ild, I guess I have a problem with the no inflation scenario. When I go to the gas pump and the gas I bought last week at $1.19 is now $1.33, I call it an extra cost. But the govt. calls it volatile and not worth looking at. Damned guy at the window still wants more money, though. Have housing prices inflated? You bet. Education? Zooming. Heating bills? Yup, even in Houston. I am looking to hook my exercise bike to a generator to run my pc. <g> Anyone look at the price of a paperback book lately? Medical bills and insurance? Fuhgettaboutit. Ditto for prescription drugs. They may as well say, if your name isn't Buffett or Gates, die! Of course, what I am saying is anecdotal and has no bearing on the macro case. Nobody else uses gasoline, housing, education, prescription drugs, heating or medical care. As long as gold prices remain low, there is no inflation. <VBG> Or, the short answer is, I think the govt. is faking the inflation numbers, at least the CPI.