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In reply to the discussion: I just got my fuel oil bill. [View all]MichMan
(11,910 posts)55. Neither wage growth or inflation are standard amounts that apply equally to everyone
One size doesn't fit all.
The percentage increase in wages varies from person to person. Some people undoubtably saw more gains than the average 5.1 % while others may not have seen any increase at all. The fact my neighbor got an 8 % raise doesn't do anything towards helping me pay my higher costs to heat my home.
Same with prices. The CPI inflation number of 6.8 % may or may not be relevant for any individual person. Someone with four children who rides public transportation or works from home has totally different expenditures than a single person living in a rural area with a long commute. Heating costs for a condominium are much different than someone living in a 100 year old house.
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The Democratic politicians need to be more vocal about the free market capitalists
Emile
Mar 2022
#7
Wage growth is meaningless for those who are retired, on fixed incomes, or didn't see a pay increase
MichMan
Mar 2022
#9
Many people working have the option to work more hours or pick up some overtime in any given week.
MichMan
Mar 2022
#52
Neither wage growth or inflation are standard amounts that apply equally to everyone
MichMan
Mar 2022
#55
Some of the financial gurus say a recession is on the way too because of the Fed raising
doc03
Mar 2022
#12
Tell someone with a fixed income inflation doesn't matter. I am retired it doesn't matter to me if
doc03
Mar 2022
#20
Didn't I just say SS got a 5.9% raise and inflation is 7%? My company pension which
doc03
Mar 2022
#25
Tell me where you can get even 1% interest in on any CD, savings account, MM account or
doc03
Mar 2022
#27
I know it is a big expense but I switched from fuel oil to an electric heat pump 20 years ago.
doc03
Mar 2022
#11
Propane to ground loops heat pump here in Iowa Yearly average electric/mo $112-$129
IA8IT
Mar 2022
#16
When I was working full time I had to take a second gig telemarketing at Xmas time.
CTyankee
Mar 2022
#60
I was replying to a post that stated people always earn the same amount every single week
MichMan
Apr 2022
#81
thx in advance and yes they are GREAT at distraction seeing they have a media outlet that ...
uponit7771
Mar 2022
#54
Not so much for Reps, MAGA didn't blame Putins Whore for killing 100s of thousands of Americans with
uponit7771
Mar 2022
#57
If you wanted to escape oil and build a solar home, that's out, too. Prices on building supplies
Vinca
Mar 2022
#47
There are many videos on Youtube about how to make cheap solar heating devices.
panader0
Mar 2022
#58
I keep waiting for a poster to show up to tell you that everything is more expensive now-
Thtwudbeme
Mar 2022
#71