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<blockquote data-quote="Bagels" data-source="post: 1127174" data-attributes="member: 43436">You&#039;ve repeatedly written that your raise has failed to keep place with inflation.&nbsp; I&#039;ve pointed out that you can play with online calculators to determine that the raise you&#039;ve received over the current contract is more than twice the rate of our standard inflation rate.&nbsp; You&#039;ve asserted that the standard inflation rate is doctored (the BLS addresses this issue, BTW).&nbsp; I&#039;ve asked you to point out examples to justify such statement.&nbsp; The CPI model isn&#039;t perfect, nor could it be given the game that our food, retail &amp; other industries have evolved into, and the nature of how each individual plays that game... which is why I&#039;ve brought up the importance of personal inflation, which is a real topic.In any event, the cost of food purchased at the grocery store consistently rises at a clip of less than 2% per year, and Walmart shopping basket indexes have placed the rate at less than a percentage point each year.&nbsp; Gasoline prices have been fairly consistent over the past two years.&nbsp; Compared to the conclusion of the past contract, you&#039;re earning at least an additional $9,000.&nbsp; What everyday expenses do you have that cumulatively clipped an additional $9,000 over the past five years?&nbsp; You do realize that the median personal income in the USA has fallen to $26,000?&nbsp; And that&#039;s not even factoring in benefit contributions......</blockquote>

[QUOTE="Bagels, post: 1127174, member: 43436"] You've repeatedly written that your raise has failed to keep place with inflation. I've pointed out that you can play with online calculators to determine that the raise you've received over the current contract is more than twice the rate of our standard inflation rate. You've asserted that the standard inflation rate is doctored (the BLS addresses this issue, BTW). I've asked you to point out examples to justify such statement. The CPI model isn't perfect, nor could it be given the game that our food, retail & other industries have evolved into, and the nature of how each individual plays that game... which is why I've brought up the importance of personal inflation, which is a real topic. In any event, the cost of food purchased at the grocery store consistently rises at a clip of less than 2% per year, and Walmart shopping basket indexes have placed the rate at less than a percentage point each year. Gasoline prices have been fairly consistent over the past two years. Compared to the conclusion of the past contract, you're earning at least an additional $9,000. What everyday expenses do you have that cumulatively clipped an additional $9,000 over the past five years? You do realize that the median personal income in the USA has fallen to $26,000? And that's not even factoring in benefit contributions...... [/QUOTE]

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