What kind of an ignoramus are you? It takes $100 in 2013 dollars to buy what $68.11 bought 20 years ago in 1993. For people who have their groceries given to them like you, that means that overall inflation is about 46-47% for that 20 years.<quoted text>Get a grip Harry, inflation hasn't been an issue in like 20 years, in fact if you count the housing market and gas prices in the inflation equation we are probably looking at deflation. Right now we have too few dollars chasing too many goods, that is why interest rates are at near zero trying to get some of those dollars chasing some of those goods. You must be a member of the Tea Party, those misguided uneducated fools trying to destroy this great country of ours. The only people who the Tea Party have destroyed so far are those hard working Americans who work for a living and want to spend a couple weeks in their National Parks relaxing and enjoying the beauty of their beloved Country. Let's face it the Tea Party people are traitors.
#46 Oct 16, 2013
#47 Oct 16, 2013
I went to davemanuel.com and used his online inflation calculator and it was even worse. According to that website, you need $161.81 now to buy the same things that $100 bought in 1993. That is 61% inflation.
#56 Oct 17, 2013
Why would anyone choose a screen name like Harry Ballz? Men are SO consumed with their testicles. You are making some good points but I can't take you seriously with a juvenile screen name. It's a name a 12 year old would take.
#57 Oct 17, 2013
It is Harry Ballz, not Hairy Balls. My real name is Harold R. Ballzaque. People have called me Harry Ballz my entire life of 64 years.
#58 Oct 17, 2013
I agree with you on the military spending and fallout from it, but current entitlements are unsustainable, given our financial situation at present. The Reagan/O'Neill ship has sailed.
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