Inflation everywhere?

[briansd1]

[quote=enron_by_the_sea][quote=SD Realtor]

Anybody seen their water bill lately? Anyone care to comment on what the city of San Diego has done with fees for water over the past few years? Anyone care to comment on FLUs comments about SDGE?

[/quote]

I recommend listening to PBS radio – editors roundtable discussed this today.

http://www.kpbs.org/news/2011/jan/28/san-diego-water-rates-increase-march/

BTW they sent out a letter in December to give a chance to ratepayers to protest this hike and something like 0.1% of the billpayers mailed those! (yes, I did)

What really pisses me off is that last year I reduced my water use by 50% and my water bill barely changed! Looks like there are some really big water users that we are all subsidizing , and the higher powers are trying their best to hide it from us![/quote]

On the water bill, I absolutely agree.

[SK in CV]

[quote=pri_dk][quote=briansd1]My dad tells me that in the 1950s they didn’t eat the large steaks that we eat now. There were no double-doubles and the Big Mac was not yet invented.[/quote]

Uh-uh! Same menu since 1948!

Perhaps the double-double should be the standard measure for inflation?[/quote]

I was just thinking about that. I can’t tell you what a double-double cost back then, but I can tell you that a Big Mac meal cost me a buck in 1973, when I was in high school. Don’t eat McDonals very often these days, but I think the last time I had a big mac meal it was just under $7.00. And I’m pretty sure they were bigger 38 years ago. I think maybe the drinks and fries are bigger now.

That’s 600% inflation. According to an inflation calculator i found online, the increase in CPI over that same period 408.65%

[SK in CV]

[quote=pri_dk][quote=briansd1]My dad tells me that in the 1950s they didn’t eat the large steaks that we eat now. There were no double-doubles and the Big Mac was not yet invented.[/quote]

Uh-uh! Same menu since 1948!

Perhaps the double-double should be the standard measure for inflation?[/quote]

I was just thinking about that. I can’t tell you what a double-double cost back then, but I can tell you that a Big Mac meal cost me a buck in 1973, when I was in high school. Don’t eat McDonals very often these days, but I think the last time I had a big mac meal it was just under $7.00. And I’m pretty sure they were bigger 38 years ago. I think maybe the drinks and fries are bigger now.

That’s 600% inflation. According to an inflation calculator i found online, the increase in CPI over that same period 408.65%

[SK in CV]

[quote=pri_dk][quote=briansd1]My dad tells me that in the 1950s they didn’t eat the large steaks that we eat now. There were no double-doubles and the Big Mac was not yet invented.[/quote]

Uh-uh! Same menu since 1948!

Perhaps the double-double should be the standard measure for inflation?[/quote]

I was just thinking about that. I can’t tell you what a double-double cost back then, but I can tell you that a Big Mac meal cost me a buck in 1973, when I was in high school. Don’t eat McDonals very often these days, but I think the last time I had a big mac meal it was just under $7.00. And I’m pretty sure they were bigger 38 years ago. I think maybe the drinks and fries are bigger now.

That’s 600% inflation. According to an inflation calculator i found online, the increase in CPI over that same period 408.65%

[SK in CV]

[quote=pri_dk][quote=briansd1]My dad tells me that in the 1950s they didn’t eat the large steaks that we eat now. There were no double-doubles and the Big Mac was not yet invented.[/quote]

Uh-uh! Same menu since 1948!

Perhaps the double-double should be the standard measure for inflation?[/quote]

I was just thinking about that. I can’t tell you what a double-double cost back then, but I can tell you that a Big Mac meal cost me a buck in 1973, when I was in high school. Don’t eat McDonals very often these days, but I think the last time I had a big mac meal it was just under $7.00. And I’m pretty sure they were bigger 38 years ago. I think maybe the drinks and fries are bigger now.

That’s 600% inflation. According to an inflation calculator i found online, the increase in CPI over that same period 408.65%

[SK in CV]

[quote=pri_dk][quote=briansd1]My dad tells me that in the 1950s they didn’t eat the large steaks that we eat now. There were no double-doubles and the Big Mac was not yet invented.[/quote]

Uh-uh! Same menu since 1948!

Perhaps the double-double should be the standard measure for inflation?[/quote]

I was just thinking about that. I can’t tell you what a double-double cost back then, but I can tell you that a Big Mac meal cost me a buck in 1973, when I was in high school. Don’t eat McDonals very often these days, but I think the last time I had a big mac meal it was just under $7.00. And I’m pretty sure they were bigger 38 years ago. I think maybe the drinks and fries are bigger now.

That’s 600% inflation. According to an inflation calculator i found online, the increase in CPI over that same period 408.65%

[Reality]

[quote=briansd1]

And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
[/quote]

If she’s in a Medicare Advantage HMO she’s costing taxpayers way more than $500/year. The HMO is reaping the benefit.

[Reality]

[quote=briansd1]

And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
[/quote]

If she’s in a Medicare Advantage HMO she’s costing taxpayers way more than $500/year. The HMO is reaping the benefit.

[Reality]

[quote=briansd1]

And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
[/quote]

If she’s in a Medicare Advantage HMO she’s costing taxpayers way more than $500/year. The HMO is reaping the benefit.

[Reality]

[quote=briansd1]

And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
[/quote]

If she’s in a Medicare Advantage HMO she’s costing taxpayers way more than $500/year. The HMO is reaping the benefit.

[Reality]

[quote=briansd1]

And she’s going on 90yo and still in excellent health. Her health care cost to society is less than $500/year (she sees the doctor only once a year and sometimes she skips a year), but she contributes much more than that in Medicare premiums.
[/quote]

If she’s in a Medicare Advantage HMO she’s costing taxpayers way more than $500/year. The HMO is reaping the benefit.

[CA renter]

[quote=teaboy][quote=threadkiller] One silver lining I guess to the inflation issue is my mortgage will definitely seem like less in a fairly short time period. Since it is my largest monthly cost I guess that is a good thing.[/quote]

I think that would only be true if there was wage inflation at least as large as the inflation in the cost of goods and services. I dont feel this is the case currently.

tb[/quote]

Exactly right, teaboy. They’ve managed to convince the masses that inflation is good, because people make the assumption that “wage inflation” is part of “inflation.” That’s not necessarily true, and hasn’t been the case in the U.S. for a long time. Asset price/cost inflation, without corresponding wage inflation is the WORST thing that could happen to us, economically-speaking, IMHO.

[CA renter]

[quote=teaboy][quote=threadkiller] One silver lining I guess to the inflation issue is my mortgage will definitely seem like less in a fairly short time period. Since it is my largest monthly cost I guess that is a good thing.[/quote]

I think that would only be true if there was wage inflation at least as large as the inflation in the cost of goods and services. I dont feel this is the case currently.

tb[/quote]

Exactly right, teaboy. They’ve managed to convince the masses that inflation is good, because people make the assumption that “wage inflation” is part of “inflation.” That’s not necessarily true, and hasn’t been the case in the U.S. for a long time. Asset price/cost inflation, without corresponding wage inflation is the WORST thing that could happen to us, economically-speaking, IMHO.

[CA renter]

[quote=teaboy][quote=threadkiller] One silver lining I guess to the inflation issue is my mortgage will definitely seem like less in a fairly short time period. Since it is my largest monthly cost I guess that is a good thing.[/quote]

I think that would only be true if there was wage inflation at least as large as the inflation in the cost of goods and services. I dont feel this is the case currently.

tb[/quote]

Exactly right, teaboy. They’ve managed to convince the masses that inflation is good, because people make the assumption that “wage inflation” is part of “inflation.” That’s not necessarily true, and hasn’t been the case in the U.S. for a long time. Asset price/cost inflation, without corresponding wage inflation is the WORST thing that could happen to us, economically-speaking, IMHO.

[CA renter]

[quote=teaboy][quote=threadkiller] One silver lining I guess to the inflation issue is my mortgage will definitely seem like less in a fairly short time period. Since it is my largest monthly cost I guess that is a good thing.[/quote]

I think that would only be true if there was wage inflation at least as large as the inflation in the cost of goods and services. I dont feel this is the case currently.

tb[/quote]

Exactly right, teaboy. They’ve managed to convince the masses that inflation is good, because people make the assumption that “wage inflation” is part of “inflation.” That’s not necessarily true, and hasn’t been the case in the U.S. for a long time. Asset price/cost inflation, without corresponding wage inflation is the WORST thing that could happen to us, economically-speaking, IMHO.

[Author]

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