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Misery index rising - 10/20/2011 10:22:20 AM   
StrangerThan


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Status: offline 		http://finance.yahoo.com/news/US-misery-index-rises-to-rb-3376231513.html?x=0&.v=1

Tell me again why food and gas should be exempt from inflation figures?

I mean hell, we're in the midst of endlessly dissecting Cain's tax plan to show the impact on the poor, when the same folks spend a higher percentage of their income on the two things we don't count.


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RE: Misery index rising - 10/20/2011 10:29:31 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		Well,it`s obvious you`re a little more miserable....

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RE: Misery index rising - 10/20/2011 10:31:28 AM   
subrob1967


Posts: 4591
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Status: offline 		You shouldn't worry about it, the President has a PLAN... He only needs five hundred billion more dollars, the three point six TRILLION he already spent in 2011 just isn't enough.

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RE: Misery index rising - 10/20/2011 10:43:08 AM   
Owner59


Posts: 17033
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From: Dirty Jersey
Status: offline 		Says the party that ruined the economy......


So what`s the GOP plan for recovery?


Could you hold your breath while you`re getting us that info?

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RE: Misery index rising - 10/20/2011 10:55:02 AM   
subrob1967


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quote:

ORIGINAL: Owner59

Says the party that ruined the economy......


So what`s the GOP plan for recovery?


Could you hold your breath while you`re getting us that info?


Sorry, your guys have been in charge since 2008... No matter how you cry, this one is all YOU!

In case you missed this, let me type it out for you again...

3.6 TRILLION FOR FISCAL 2011


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RE: Misery index rising - 10/20/2011 11:06:16 AM   
mnottertail


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quote:

ORIGINAL: subrob1967

quote:

ORIGINAL: Owner59

Says the party that ruined the economy......


So what`s the GOP plan for recovery?


Could you hold your breath while you`re getting us that info?


Sorry, your guys have been in charge since 2008... No matter how you cry, this one is all YOU!

In case you missed this, let me type it out for you again...

3.6 TRILLION FOR FISCAL 2011




Note that it passed the republican house, you guys are in charge of the pocketbook.

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RE: Misery index rising - 10/20/2011 11:09:30 AM   
tj444


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quote:

ORIGINAL: StrangerThan
http://finance.yahoo.com/news/US-misery-index-rises-to-rb-3376231513.html?x=0&.v=1

Tell me again why food and gas should be exempt from inflation figures?

I mean hell, we're in the midst of endlessly dissecting Cain's tax plan to show the impact on the poor, when the same folks spend a higher percentage of their income on the two things we don't count.

well, of course thats not counted, silly! The govt has appearances to keep up after all.. just like how the unemployment rate doesnt include the unemployed that have given up looking, or the under-employed or the other various disqualifications that skew the number.. I mean seriously, if ya told people the real unemployment rate and real inflation rate.. well,.. well,.. well, they might just stop paying their taxes!!!

But i think thats why the misery index was invented (& other indexes).. to give another view of whats going on.. I personally dont pay attention to the inflation or supposed unemployment rate anyway.. I am surprised anyone does..

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RE: Misery index rising - 10/20/2011 11:11:41 AM   
willbeurdaddy


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quote:

ORIGINAL: StrangerThan

http://finance.yahoo.com/news/US-misery-index-rises-to-rb-3376231513.html?x=0&.v=1

Tell me again why food and gas should be exempt from inflation figures?

I mean hell, we're in the midst of endlessly dissecting Cain's tax plan to show the impact on the poor, when the same folks spend a higher percentage of their income on the two things we don't count.




Food and energy are included in inflation for the misery index and for Social Security increases. Not sure what youre getting at.

< Message edited by willbeurdaddy -- 10/20/2011 11:12:04 AM >

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RE: Misery index rising - 10/20/2011 11:21:31 AM   
popeye1250


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quote:

ORIGINAL: StrangerThan

http://finance.yahoo.com/news/US-misery-index-rises-to-rb-3376231513.html?x=0&.v=1

Tell me again why food and gas should be exempt from inflation figures?

I mean hell, we're in the midst of endlessly dissecting Cain's tax plan to show the impact on the poor, when the same folks spend a higher percentage of their income on the two things we don't count.



And Obama wants "free trade" with Chile, Colombia and S. Korea!
How many more hundreds of thousand jobs will we lose there?


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RE: Misery index rising - 10/20/2011 11:25:56 AM   
mnottertail


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quote:

ORIGINAL: popeye1250

quote:

ORIGINAL: StrangerThan

http://finance.yahoo.com/news/US-misery-index-rises-to-rb-3376231513.html?x=0&.v=1

Tell me again why food and gas should be exempt from inflation figures?

I mean hell, we're in the midst of endlessly dissecting Cain's tax plan to show the impact on the poor, when the same folks spend a higher percentage of their income on the two things we don't count.



And Obama wants "free trade" with Chile, Colombia and S. Korea!
How many more hundreds of thousand jobs will we lose there?




Uh, that was driven by republicans, they were chiding the democrats cuz its taken 4 years to ratify the treaty...you should get clued in on politics some....

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RE: Misery index rising - 10/20/2011 11:34:58 AM   
tj444


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quote:

ORIGINAL: mnottertail


quote:

ORIGINAL: popeye1250
And Obama wants "free trade" with Chile, Colombia and S. Korea!
How many more hundreds of thousand jobs will we lose there?


Uh, that was driven by republicans, they were chiding the democrats cuz its taken 4 years to ratify the treaty...you should get clued in on politics some....

I read that the free trade deal was passed 8 years ago with Chile. He really outta keep up with the news a bit more..

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RE: Misery index rising - 10/20/2011 11:57:35 AM   
defiantbadgirl


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quote:

ORIGINAL: popeye1250

And Obama wants "free trade" with Chile, Colombia and S. Korea!
How many more hundreds of thousand jobs will we lose there?


Remember my thread about the Republican jobs bill containing free trade deals? Sounds like politicians from both parties are in the wrong on this issue. Since  Republicans think health care is a privilege instead of a right, I figure Democrats are the lesser of the 2 evils.


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RE: Misery index rising - 10/20/2011 12:20:34 PM   
willbeurdaddy


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quote:

ORIGINAL: defiantbadgirl

quote:

ORIGINAL: popeye1250

And Obama wants "free trade" with Chile, Colombia and S. Korea!
How many more hundreds of thousand jobs will we lose there?


Remember my thread about the Republican jobs bill containing free trade deals? Sounds like politicians from both parties are in the wrong on this issue. Since  Republicans think health care is a privilege instead of a right, I figure Democrats are the lesser of the 2 evils.



Dont pretend to know what "Republicans" think. You are wrong again on this one.

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Hear the lark
and harken
to the barking of the dogfox,
gone to ground.

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RE: Misery index rising - 10/20/2011 12:23:46 PM   
mnottertail


Posts: 60698
Joined: 11/3/2004
Status: offline 		Agreed. Thinking is not a strong suit with the vast part of them republican fellers.

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RE: Misery index rising - 10/20/2011 12:33:25 PM   
SternSkipper


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quote:

You shouldn't worry about it, the President has a PLAN... He only needs five hundred billion more dollars, the three point six TRILLION he already spent in 2011 just isn't enough.


Open a window and turn of the engine.



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RE: Misery index rising - 10/20/2011 12:34:43 PM   
SternSkipper


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quote:

Dont pretend to know what "Republicans" think. You are wrong again on this one.


Personally, I toss darts when I want insight into the inconsequential.



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RE: Misery index rising - 10/20/2011 7:08:34 PM   
servantforuse


Posts: 6363
Joined: 3/8/2006
Status: offline 		Jimmy Carter invented the misery index and Obama is keeping the streak going. Go Dems.

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RE: Misery index rising - 10/20/2011 7:12:06 PM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		Says the party that ruined the economy......

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"As for our common defense, we reject as false the choice between our safety and our ideals"

President Obama

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RE: Misery index rising - 10/20/2011 8:43:52 PM   
erieangel


Posts: 2237
Joined: 6/19/2011
Status: offline 		Food and gasoline and home heating costs are not included in figuring COLAs for social security increases.  That's why there has been no social security increase for several years--I believe 2008 was the last year recipients got raises.

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RE: Misery index rising - 10/20/2011 10:08:28 PM   
Edwynn


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Not true;

http://www.bls.gov/cpi/cpiqa.htm

"Has the BLS removed food or energy prices in its official measure of inflation?

No. The BLS publishes thousands of CPI indexes each month, including the headline All Items CPI for All Urban Consumers (CPI-U) and the CPI-U for All Items Less Food and Energy. The latter series, widely referred to as the "core" CPI, is closely watched by many economic analysts and policymakers under the belief that food and energy prices are volatile and are subject to price shocks that cannot be damped through monetary policy. However, all consumer goods and services, including food and energy, are represented in the headline CPI."

"Most importantly, none of the prominent legislated uses of the CPI excludes food and energy. Social security and federal retirement benefits are updated each year for inflation by the All Items CPI for Urban Wage Earners and Clerical Workers (CPI-W). Individual income tax parameters and Treasury Inflation-Protected Securities (TIPS) returns are based on the All Items CPI-U."


http://www.ssa.gov/oact/cola/latestCOLA.html


"How is a COLA calculated?

The Social Security Act specifies a formula for determining each COLA. According to the formula, COLAs are based on increases in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). CPI-Ws are calculated on a monthly basis by the Bureau of Labor Statistics."









< Message edited by Edwynn -- 10/20/2011 10:21:37 PM >

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