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re: Identity Politics are being used to divide this Country like no other time
Posted on 6/9/20 at 11:44 am to SquatchDawg
Posted on 6/9/20 at 11:44 am to SquatchDawg
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Food inflation is at all time low the last 20 years.
You obviously didn't live through the 70's.And take a look at the energy "inflation" over the last 12 months.
What time frame are you using as your own personal reference for food inflation? 5 years? 10 years? Are you only buying organic food? WTF?
What occupations are you referring to and what do you consider "working poor?"
Walmart,HD, Lowe's,Kroger cashiers and entry level positions? Factory workers? All have matching 401K's and some have stock options.
Food inflation is at all time low the last 20 years.
You obviously didn't live through the 70's.And take a look at the energy "inflation" over the last 12 months.
What time frame are you using as your own personal reference for food inflation? 5 years? 10 years? Are you only buying organic food? WTF?
quote:
Why wouldn't be great for the working poor with a 401k?
What occupations are you referring to and what do you consider "working poor?"
Walmart,HD, Lowe's,Kroger cashiers and entry level positions? Factory workers? All have matching 401K's and some have stock options.
This post was edited on 6/9/20 at 12:03 pm
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Posted on 6/9/20 at 1:15 pm to RD Dawg
quote:
Food inflation is at all time low the last 20 years.
Most of that is the most recent decade.
Still, food inflation is higher than median wage increases the past 20 years per SSI (average wage inflation is higher than the food inflation for the past 20 years. But the richest gainers are pulling that average number much faster than the median earners are increasing).
And there are always studies that refute the CPI as reflective of real life circumstances (food is excluded from the core inflation rates because the prices for food are deemed too volatile. Yet that volatility doesn't show in the food study... makes you wonder what info is used in the food study)
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