clifp
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Oct 27, 2006
- Messages
- 7,733
I can't believe I missed it, I'm going to have to get a higher grade of reading glasses
Let me see, we don't include house prices because we only move every 10 years or so and don't need to buy one every year, but we include tableware and dishes, with our other linens, clocks, and lamps. Now those are major annual shopping events at our house
I'm with Independent I hate to confuse with data since it seems to have no impact. As I posted the total amount of money spent on fuel oil sounds exactly right going by the revenue of the largest company in the business.
But you think fuel oil is too low (.2% ) and linens (.2%) is too high. Guess what based on my anecdotal evidence the exact opposite is true. You see my lifetime expenditure for fuel oil is $0. Not only that but no one in my extended family (sisters, cousins, nephews nieces,) has ever spent a dime on fuel in their life. This include the cousin who lives in Ohio, and the various years the rest of the family has lived in the east/midwest. (We are primarily a west coast family). My estimate is that our dozen households who $0 expenditures allows you to expend $3,000- $4,000 on fuel oil a year and still maintain a .2% expenditure on aveage. In contrast, I just priced sheets at Costco $80 for good queen sheets, throw in beach towel (for us West coast folks) that is $100. .2% of average family making $50K = $100. So a set of sheets a year and few towels and there you go. Only a small percentage of the households buys fuel oil every year, but everybody buys linens. I certainly spend more .2% on linen and the several girlfriends I dated that though nothing of forking over $200-$300 for nice sheets with 800+ thread count easily exceeded the average.
Your basic problem is you think your family is average. You guys aren't even close. I am sure you make more than $100K and based on your comments that 200K a year isn't that much I wouldn't be at all surprised if you make 150-200K+ a year.
Here is the reality check <16% of households make over $100K. Anybody over that is stretching the definition of middle class. 150K is top 3% and 200K+ is top 1%. There is only one word to describe people who make more than $150K/year wealthy. I don't want to hear about how you really aren't rich because it is so expensive to live... It is insulting to all of the households trying to get by on less than 40K
Essentially you are applying the cost increases you see as wealthy person and saying they apply to the average American, they don't. You are no more average than I am as single retired guy in my 40s living in Hawaii.
Every time you say this crazy, the government is lying. Independent or myself or somebody else, say well not according to this study; we provide you data and you just ignore it.
I'm done with this.