[quote=pri_dk][quote=aldante]I paid $76/per pay period for health care 1997. Today that is $238 per pay period. I work for the same company and I have the same number of dependants […][/quote]
What is “health care?”
Do you get exactly the same thing for your money as you did in 1997?
Is health care better today than it was in 1997? Are there new treatments, drugs, etc. that you now get with your policy?
Have you compared all the numbers in the policy you have today with the policy you had back then? Or are you only looking at the price (and not the price, but the portion of the price that you pay vs. your employer.)
Inflation is only one of many reasons health care costs are rising.
[quote]The cost of education when I (delayed) graduated was about 5k a year for my state school in 1994. Today I am figuring about 3-4 times that amount for my daughter.[/quote]
Yup. So if your daughter goes to college 30 years after you did, and the cost is 4x as much, that means the annualized inflation rate for education is about 4.7% A little high, but not outrageous.
And just like health care, there are many reasons the price of state operated education is changing. There’s much more to it than just simple inflation.
But ending the Fed will fix everything.[/quote]
pri-dk
As far as healthcare expenses go, my provider is exactly the same -Kaiser. My coPay actually went from $15 to $25 per visit.
My daughters first year of college will be on 2014. So that is 20 years not 30. I know that’s weird but I went into USMC after H.S.
I have worked for the same firm for 17 years.
I think the cost of some things in my life have come down but lots and llots has gone up like water and gas. yuck.
Btw Ron Paul thinks that ending the fed will decrease the inflation for lots of reasons but as far as education the logic goes roughly like this.
When the government gets into the education business, the suppliers have a steady, and increasing source of demand. This is because the government is always flush with cash and sending more students their way. Espeically with the fed backstopping their every move. In other words, our representatives do not have to raise taxes to add more government service. We never directly voted to increase the Governements involovment in education. The Fed just prints the money and the Treasury issues debt. That is why we have such huge debt. No hard decisions have had to be made. Every Congressman just gets enough pork sent to their district to get respected and reelected. The absolute best example that I can conjure is that Prez. Bush supported “no child left behind” which threw lots of $$ at education, while traditionally Republicans have been for abolishing the Department of Education. No wonder we had such great “bipartisenship”.
If there were no Fed the congress would have to choose between WARS and welfare. Becasue they would have to either raise new taxes or cut some other service. Like in the real world. Now they dont. Now they just tell us how generous they are with our money.
