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kestrel91316 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-29-11 06:05 PM
Response to Original message
1. Skyrocketing food prices? Plummeting family incomes??? Do any of these things
even register for these geniuses????

NYT is written and published by 1%ers. Completely clueless or completely uncaring - take your pick.
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  -Savings Rate Is Dropping, and Experts Are Puzzled ShockediSay  Oct-29-11 06:03 PM   #0 
  - Skyrocketing food prices? Plummeting family incomes??? Do any of these things  kestrel91316   Oct-29-11 06:05 PM   #1 
  - CPI and inflation are flat, or at target levels.  AtheistCrusader   Oct-29-11 06:24 PM   #10 
     - Didn't they pull food costs out of the CPI?  BanzaiBonnie   Oct-29-11 06:45 PM   #21 
     - I've seen that posted here a lot. But, I've also seen posts that say that it not true.  No Elephants   Oct-31-11 09:38 AM   #87 
     - CPI now does not measure food or energy costs,which is why no Soc.Sec. COLAs.  dixiegrrrrl   Oct-29-11 06:46 PM   #22 
     - Cost of Living Adjustments for SS have been based on CPI-W,...  MilesColtrane   Oct-29-11 07:06 PM   #27 
     - mmfllpkht  dixiegrrrrl   Oct-29-11 07:16 PM   #30 
     - The algorithms they use are so insane I pale for words. It's absolutely  RKP5637   Oct-29-11 07:16 PM   #31 
     - Well, if you haven't got anything nice to say about any elected official,  No Elephants   Oct-31-11 09:46 AM   #89 
        - Yep, OK, save me a seat! n/t  RKP5637   Oct-31-11 10:57 AM   #95 
        - +1  tama   Oct-31-11 11:48 AM   #99 
     - According to the BLS FAQ, it covers food & energy (gas, fuel oil, utilities)  Laluchacontinua   Oct-30-11 01:57 AM   #59 
     - Those categories are also all weighted differently.  Sirveri   Oct-30-11 08:12 AM   #64 
     - Another critical point to remember...  CoffeeCat   Oct-30-11 09:31 AM   #68 
        - Well if you take Dec2009-Dec 2010, the rate was 1.5% (CPI-U).  Sirveri   Oct-30-11 06:50 PM   #80 
           - No cost of living increase at all for recipients of OADI that year though.  No Elephants   Oct-31-11 10:08 AM   #91 
     - There are many cost of living indices. Your link is, I believe, to the one the Social Security Ad-  No Elephants   Oct-31-11 09:59 AM   #90 
     - Don't be silly! The whole point of owning a bridge is all that income from tolls.  No Elephants   Oct-31-11 09:41 AM   #88 
     - The CPI doesn't include FOOD or FUEL. For most folks, that's where all their money  kestrel91316   Oct-30-11 01:14 PM   #74 
     - Actually, this fall, they finally admitted the cost of living rose last year.  No Elephants   Oct-31-11 09:37 AM   #86 
  - Some fucking experts  Autumn   Oct-29-11 06:08 PM   #2 
  - That's so stupid it has to be deliberate  Marazinia   Oct-29-11 06:18 PM   #6 
  - The car died and so did the washing machine; the wardrobe can keep going  ShockediSay   Oct-29-11 06:39 PM   #17 
  - When I crack wind, I'm not "puzzled" by the smell. I don't get it. nt  SteveM   Oct-29-11 06:41 PM   # 
  - I was looking at one online savings outfit recently pushing their incredible  RKP5637   Oct-29-11 06:41 PM   #18 
     - Not bad. Three year treasuries yield around 0.5%.  Lucky Luciano   Oct-29-11 07:23 PM   #32 
     - One can get about 1% online. That's about the highest I've seen. n/t  RKP5637   Oct-29-11 07:32 PM   #33 
        - almost 3% w/ a couple of reliable stox nt  ShockediSay   Oct-29-11 08:58 PM   #43 
     - Exactly..  sendero   Oct-29-11 09:26 PM   #46 
     - Yep, and ZIRP is working so well to improve the economy. It would be  RKP5637   Oct-29-11 09:38 PM   #48 
     - In response to questioning from a Senate Committee, Bernanke recently  No Elephants   Oct-31-11 10:13 AM   #92 
  - Another thing  Andy823   Oct-29-11 06:09 PM   #3 
  - Shouldn't come as a surprise....  S_B_Jackson   Oct-29-11 06:11 PM   #4 
  - CREDIT UNIONS are a big salvation. They must be.  ShockediSay   Oct-29-11 06:42 PM   #19 
  - Are debt rates  quakerboy   Oct-29-11 08:01 PM   #36 
  - ''Duhhhh. If you're in the 99 percent, you 're raiding the savings to just make ends meet.''  DeSwiss   Oct-29-11 06:15 PM   #5 
  - We are falling off the cliff experts...things are to expensive  lovuian   Oct-29-11 06:20 PM   #7 
  - Hey, "expert"  izquierdista   Oct-29-11 06:22 PM   #8 
  - or vital organs nt  ShockediSay   Oct-29-11 06:45 PM   #20 
  - Hmmm, save money or pay a bill. Save money or eat. Save money or clothe my children.  Pacifist Patriot   Oct-29-11 06:23 PM   #9 
  - How stupid does an "expert" have to be to understand that people are out of money?  yardwork   Oct-29-11 06:27 PM   #11 
  - I saw Apple Cider today for $ 8.99 a gallon  JJW   Oct-29-11 06:28 PM   #12 
  - Have you seen the price of Halloween candy? I decided to wait until Monday afternoon  totodeinhere   Oct-29-11 08:41 PM   #38 
     - We're not participating this year  Missy Vixen   Oct-30-11 12:32 PM   #71 
        - Your neighbor was very brutish. You are under no obligation to give candy to his children  totodeinhere   Oct-30-11 01:06 PM   #73 
  - Because I don't have as much money that I can put aside in my savings acct, duh.  DRoseDARs   Oct-29-11 06:29 PM   #13 
  - This is a giant DUH to me. All I see around here are prices going up and income flat. Savings,  RKP5637   Oct-29-11 06:35 PM   #14 
  - Stock market rigged? Not if you have inside info or hi speed computers nt  ShockediSay   Oct-29-11 06:47 PM   #23 
     - Yep, let me correct that to say rigged against most ... yep, nano-trading / proprietary  RKP5637   Oct-29-11 07:05 PM   #26 
        - If you'd like to hear the sound of your jaw bouncing off the floor, watch this.  AtheistCrusader   Oct-29-11 09:00 PM   #44 
           - Thanks!!! Excellent talk! Thanks again!!! n/t  RKP5637   Oct-29-11 09:28 PM   #47 
              - In a way I found it cool, in a way, I found it flat out horrifying.  AtheistCrusader   Oct-29-11 10:02 PM   #50 
  - We need less 'puzzled' people.  FarLeftFist   Oct-29-11 06:36 PM   #15 
  - These must be the same experts who are "puzzled" by OWS.  phantom power   Oct-29-11 06:37 PM   #16 
  - These are like the experts wanting to raise SS and Medicare age eligibility  RKP5637   Oct-29-11 06:57 PM   #25 
  - One of the most fucked up headlines I've read all year...n/t  OhioChick   Oct-29-11 06:56 PM   #24 
  - My brother was a 99er. So I was helping him all that time with housing and food  Paulie   Oct-29-11 07:09 PM   #28 
  - I know what you mean. The wife's brother lost his job and his new one pays him 1/2 take home of the  sarcasmo   Oct-30-11 03:05 PM   #76 
  - Not to mention the .5% interest rate you get on savings these days.  sybylla   Oct-29-11 07:09 PM   #29 
  - Where do you get .5%?  Demeter   Oct-29-11 08:00 PM   #35 
  - That's how long ago I thought about putting money in a savings account.  sybylla   Oct-30-11 05:07 PM   #78 
  - ..05 % you mean. Might as well hide it under a rock!  jkappy   Oct-30-11 12:29 PM   #70 
  - Ugh. Maybe people are having to go through their  davidwparker   Oct-29-11 07:51 PM   #34 
  - "...its lowest level since the month the recession began."  unkachuck   Oct-29-11 08:35 PM   #37 
  - Deleted message  Name removed   Oct-29-11 08:46 PM   #39 
  - because banks dont need your money anymore. they have  leftyohiolib   Oct-29-11 08:49 PM   #40 
  - The "experts" are clueless.  City Lights   Oct-29-11 08:49 PM   #41 
  - They're either clueless or soulless  meow2u3   Oct-29-11 11:01 PM   #55 
  - Since they are puzzled they are in no way experts.  sarcasmo   Oct-29-11 08:51 PM   #42 
  - Disposable income?  obxhead   Oct-29-11 09:17 PM   #45 
  - Huh??? Save it where???  SoapBox   Oct-29-11 09:41 PM   #49 
  - The people who are hording all the money wonder why those that don't have  neverforget   Oct-29-11 10:21 PM   #51 
  - Please remember, paying off debt is "Savings" as that term is used for this calculation  happyslug   Oct-29-11 10:24 PM   #52 
  - Puzzled???? Are you just that fucking stupid? Sheesh  OwnedByFerrets   Oct-29-11 10:44 PM   #53 
  - Paying for the damage from Irene torpedoed our savings.  TheOther95Percent   Oct-29-11 10:54 PM   #54 
  - I Think This is Good Sign in the Short Term  On the Road   Oct-29-11 11:09 PM   #56 
  - Ha Ha . . . .  HughBeaumont   Oct-30-11 12:52 AM   #57 
  - We're in the 2nd Great Depression,  area51   Oct-30-11 01:37 AM   #58 
  - This economist says it's a statistical anomaly.  Laluchacontinua   Oct-30-11 02:39 AM   #60 
  - Maybe an economist who actually knows what he or she is talking about is an anomaly.  No Elephants   Oct-30-11 03:03 AM   #62 
  - Jaysus!  No Elephants   Oct-30-11 02:59 AM   #61 
  - Spot on.  Celefin   Oct-30-11 08:33 AM   #67 
  - Then what puzzles me is why they're considered experts  CreekDog   Oct-30-11 04:34 AM   #63 
  - they seem EXTREMELY out of touch  Skittles   Oct-30-11 09:55 PM   #81 
  - Seems like you can take what they say, and  raccoon   Oct-31-11 09:19 AM   #83 
  - +1000 +++ n/t  RKP5637   Oct-31-11 11:10 AM   #96 
  - These idiots.  sendero   Oct-30-11 08:18 AM   #65 
  - My savings go into the gas tank!  lunatica   Oct-30-11 08:20 AM   #66 
  - stupid freaks  CountAllVotes   Oct-30-11 09:53 AM   #69 
  - We're spending it on food and putting the rest in a coffee can.  BiggJawn   Oct-30-11 12:52 PM   #72 
  - Gee, I wonder why? Maybe because people HAVE NO FUCKING MONEY TO SAVE???  Odin2005   Oct-30-11 02:47 PM   #75 
  - evidently these *experts* haven't shopped for groceries lately  Donnachaidh   Oct-30-11 04:11 PM   #77 
  - As Bill O'Reilly would say, "People out of work, savings going can't explain that!"  TwilightGardener   Oct-30-11 05:16 PM   #79 
  - Yep, and this gives an example of why we're so F'ed up as a country when the  RKP5637   Oct-31-11 11:15 AM   #97 
  - had to get a new roof  shanti   Oct-30-11 10:26 PM   #82 
  - ShadowStats has CPI at about 12%. Plus consumers were deleveraging (paying down debt)  Roland99   Oct-31-11 09:22 AM   #84 
  - "Experts' Intelligence is Dropping, and the Public is Puzzled." n/t  GliderGuider   Oct-31-11 09:28 AM   #85 
  - These reports are diving me crazy. IT'S JOBS, STUPID!!  tawadi   Oct-31-11 10:17 AM   #93 
  - Candidate for this year's "You Call This NEWS?" Award  rocktivity   Oct-31-11 10:19 AM   #94 
  - Just how "expert" are these experts  Islandlife   Oct-31-11 11:45 AM   #98 

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