Thursday, September 15, 2005

Corporate world and the US Government

Where do we go from here? by Craig Harris
Inflation as reported by the CPI, has very little to do with the actual cost of living for ordinary Americans. The actual cost of living as measured by the expenses of ordinary Americans like Health Care, Insurance, the price of a home, food and energy.the largest ands most important ongoing expenses, is literally skyrocketing, while wages are stagnant to slightly rising. This charade has been going on for years now but it has been accelerating. Any American who plots their monthly expenses on a spreadsheet and keeps records can see this clearly. Going forward, the CPI will continue to show very little inflation. Always. Forever.