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To: Ahda who wrote (16646)	8/26/1998 2:22:00 PM
From: Alex	Read Replies (1) \| Respond to of 116762

Interesting letter from the L.A. Times................. Inflation ÿ <Picture><Picture><Picture><Picture>ÿ <Picture: I>ÿ read the Aug. 21 editorial in which you discuss the PacBell proposed increase to $1.10 for a directory assistance call. (That is a request; the PUC-approved plan at the moment is an increase from 25 cents to 50 cents.) I also note that AT&T plans to impose a $3 a month minimum on residential customers. In the last decade the cost of a new car has roughly doubled (from $10,000 to $20,000). Since Ralphs bought out Alpha Beta a few years ago, my grocery bill has increased by about 50%. The government says there is no inflation (2% or 3% a year, at most). And certainly the government--like its leader, our president--is truthful and beyond question. A flat inflation rate fuels stock price increases and holds down the government payout for Social Security and other programs. When I asked my stockbroker about the seeming contradiction between what the government tells me and what I see with my own eyes, he assured me that the government was computing correctly. It must just be that my individual circumstances are different than the model. ÿÿÿÿÿSo I take cheer. It's just me. ÿÿÿÿÿR.J. WAGNER ÿÿÿÿÿVan Nuys Copyright 1998 Los Angeles Times. All Rights Reserved latimes.com