That is right folks more misinformation or shall we say convenient information from our beloved government.
The Consumer Price Index loving prepared by the Bureau of Labor Statistics is not a true measure of inflation and let's the regime fool us into thinking inflation is low when it is NOT.
Inflation: Not as low as you think
by Kathy Kristof
"Forget the modest 3.1 percent rise in the Consumer Price Index, the government's measure of inflation. Everyday prices are UP SOME 8 PERCENT over the past year, according to the American Institute for Economic Research."
"The not-for-profit group measures inflation without looking at the big, one time purchases that can skew nummbers. That means they don't look at the price of houses, furniture, appliances, cars, or computers. Instead, AIER focuses on American's typical daily purchases as food, gasoline, child care, prescription drugs, phone, and television service, and other household products."
"The institute contends that to get a good read on inflation's "sticker shock" effect, you must look at the cost of goods that the average household buys at least once a month and factor in only the kinds of expenses that are subject to change. That, too, eliminates when you finance your home with a fixed rate mortgage, that expense remains constant until you refinance or move."
"The group maintains that this index better measures the real-world impact of price changes, particularly for people on a budget. And, largely as the result of the recent run-up in gas prices, this "everyday price index" (EPI) suggests that Americans are being pinched far more tightly than the official inflation measure would have you believe."
Gas and transportation costs are up 21.06% over last year.
Food is rising at a rate of 4.21% not the 3.56% official rate.
If you have been to the grocery store lately the rise while it seems small really affects your check out costs.
This true 8% rise in inflation coupled with the stagnant wages and very sluggish economy is quickly bringing us to a period of STAGFLATION as the inflation rate will undoubtably continue to rise.
The Obumbler administration seems to be doing everything it can to keep the economy depressed as they add more and more people to their dependance roles as food stamps use is through the roof, unemployment stretching to two years of benefits, welfare rolls swell, and 49.2% of the public no longer paying any federal taxes.
They are promoting the freebee entitlement culture with the hopes that if they enslave enough people they can maintain their power and control because who is going to vote against their handout?
This is the same symbiotic relationship between BIG LABOR and PROGRESSIVES/LIBERALS who feed off each other to maintain their power and benefits respectively.
Progressivism is the DISEASE infecting our country and if the Republic is to survive we have to unify and VOTE VOTE VOTE these BIG GOVERNMENT fools out of office before it is to late.
Progressives are still in DENIAL or IGNORING the "shellacking" they took in 2010 in fact they have only increased their activities driven by desperation knowing the coming election could be a tipping point for either side.
Those who believe in FREEDOM and LIBERTY that we were given our RIGHTS by GOD not the government must act and participate against the progressive onslaught which is pushing us faster and faster down the path to SERFDOM.
VOTE VOTE VOTE VOTE GET INVOLVED!
MAKE SURE YOUR FRIENDS AND FAMILY KNOW THE REAL STORY NOT THE MEDIA VERSION OF THE TRUTH.