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05-29-2011, 09:12 AM
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#21
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
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Quote:
Originally Posted by Rustic23
Sidebar for the no inflation group: Both Matell and Hazbro announced toy price increase of 6% to 20% due to higher labor cost and raw materials in China.
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Hey, good news. The higher Chinese labor costs go, the less ours have to fall to be competitive. So, they are now at, what, $6 per day on average?
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05-29-2011, 11:51 AM
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#22
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Oct 2005
Location: North Oregon Coast
Posts: 16,483
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Quote:
Originally Posted by Rustic23
Sidebar for the no inflation group: Both Matell and Hazbro announced toy price increase of 6% to 20% due to higher labor cost and raw materials in China.
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Not a problem. The government can just use "substitution" and replace it with a toy that's 6% to 20% cheaper -- and voila, there's still no inflation...
__________________
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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05-29-2011, 12:32 PM
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#23
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Thinks s/he gets paid by the post
Join Date: Jun 2002
Posts: 1,637
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My guess is that if this becomes a real issue, MOAA (and all the other member organizations of The Military Coalition) will be all over this to ensure Congress understands the impact at the deck plate level. (Whether Congress will do anything about it is, of course, another matter.)
__________________
friar1610
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05-29-2011, 03:26 PM
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#24
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,362
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Quote:
Originally Posted by ziggy29
When the CPI reports 2% inflation, most people are "feeling" 6% inflation in food, energy and other essentials and health care costs are rising 12%...
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I understand the new version of "core inflation" is going to be modified to include: - food
- energy
- all other things that tend to increase in price
__________________
I thought growing old would take longer.
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