Originally Posted by crazy connie
No. But look at the rest of the picture. "Stuff" does cost a good bit more. But, I bet you are not buying a new home and putting the old one out in the re-cycle bin. At a certain point in life the house is stuffed with "stuff". Not all of it needs to be replaced with any frequency. I doubt I will ever buy another baby crib or toy, my workshop tools will outlast me, my cars will go for 10 to 15 years without the commute. My groceries cost less for home cooking. So, it is relative in my view.
And yes, America is getting a come-uppence in the wage/hour/pay which is downgrading... At least in my opinion. But, I never bought into telling my kids that they were so special that the world owed them a silver spoon to eat off of.
I'm not sure if we're communicating.
I was trying to get Rocket J. Squirrel to step back and think about what he said. The website he was reading is claiming that actual prices have gone up remarkably fast - so fast than any reasonable calculation shows that it can't be right.
The numbers I quoted cover most of our spending on a reasonably apples-to-apples basis. I know that I'm buying about the same mix of stuff, and have about the same standard of living. My spending has gone up pretty much in line with the gov't CPI. I'm absolutely certain I didn't spend $65,000 last year, and I'm equally certain that our standard of living didn't drop by 1/2.
Reasonable people have been debating whether the CPI over or understates inflation by tenths of a percent per year. But I can't see any reasonable argument for the claims at shadowstatistics.