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Cost of Living – Consumer Price Index – Are you Broke yet?

I’m not sure about you, but it would seem to me that the cost of living has sky rocketed over the last 12 months.  The below index confirms this, however, I have to believe that these government figures are missing something!  What is does accurately illustrate, is that for the last 11 months running versus 2007, I was indeed correct.  The flip side of this is that throughout the last eight years of the Bush era, salaries stagnated or shrunk, etc…  So how much more belt tightening can you do?  I want to believe the message that America can change its course and revitalize itself on a new foundation, restore its integrity, be a leader in positive change, be an example for the World! …  Damn that sure was a good joint!     Like that’s really going to happen – NOT!

12 Months Percent Change – Consumer Price Index – All Urban Consumers

Not Seasonally Adjusted
Area:         U.S. city average
Item:         All items

 

Year

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Annual

HALF1

HALF2

1998

1.6

1.4

1.4

1.4

1.7

1.7

1.7

1.6

1.5

1.5

1.5

1.6

1.6

1.5

1.6

1999

1.7

1.6

1.7

2.3

2.1

2.0

2.1

2.3

2.6

2.6

2.6

2.7

2.2

1.9

2.5

2000

2.7

3.2

3.8

3.1

3.2

3.7

3.7

3.4

3.5

3.4

3.4

3.4

3.4

3.3

3.5

2001

3.7

3.5

2.9

3.3

3.6

3.2

2.7

2.7

2.6

2.1

1.9

1.6

2.8

3.4

2.2

2002

1.1

1.1

1.5

1.6

1.2

1.1

1.5

1.8

1.5

2.0

2.2

2.4

1.6

1.3

1.9

2003

2.6

3.0

3.0

2.2

2.1

2.1

2.1

2.2

2.3

2.0

1.8

1.9

2.3

2.5

2.0

2004

1.9

1.7

1.7

2.3

3.1

3.3

3.0

2.7

2.5

3.2

3.5

3.3

2.7

2.3

3.0

2005

3.0

3.0

3.1

3.5

2.8

2.5

3.2

3.6

4.7

4.3

3.5

3.4

3.4

3.0

3.8

2006

4.0

3.6

3.4

3.5

4.2

4.3

4.1

3.8

2.1

1.3

2.0

2.5

3.2

3.8

2.6

2007

2.1

2.4

2.8

2.6

2.7

2.7

2.4

2.0

2.8

3.5

4.3

4.1

2.8

2.5

3.1

2008

4.3

4.0

4.0

3.9

4.2

5.0

5.6

5.4

4.9

 

 

 

 

4.2

 

 

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Written by jointefforthost

October 24, 2008 at 7:33 pm

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