Marazinia
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Sat Oct-29-11 06:18 PM
Response to Reply #2 |
| 6. That's so stupid it has to be deliberate |
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Decided they need to replace the car? Well yeah, bozo, if your car dies and you can't get to work, I guess you're going to decide to replace it. Sheesh. The way they word these things, you know they're just con artists. Anyone could have told them why we aren't saving. It's because we don't have any income above our basic needs to save. You gotta have a car, a stove, a fridge, a washer and dryer (coin laundry will cost more in the end). You gotta take the kid to the doctor when he has strep even if you don't have insurance for the visit and medicine. Never mind that minimum wage workers, even in states where costs are relatively low, can't afford those things even if they're not saving.
Our society is a slave society of debtors who can't keep up with the prices at the company store. And these guys can't figure out why we aren't saving money?
Right. Sure they can't.
|
| -Savings Rate Is Dropping, and Experts Are Puzzled |
ShockediSay |
Oct-29-11 06:03 PM |
#0 |
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Skyrocketing food prices? Plummeting family incomes??? Do any of these things |
kestrel91316 |
Oct-29-11 06:05 PM |
#1 |
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CPI and inflation are flat, or at target levels. |
AtheistCrusader |
Oct-29-11 06:24 PM |
#10 |
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Didn't they pull food costs out of the CPI? |
BanzaiBonnie |
Oct-29-11 06:45 PM |
#21 |
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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 |
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CPI now does not measure food or energy costs,which is why no Soc.Sec. COLAs. |
dixiegrrrrl |
Oct-29-11 06:46 PM |
#22 |
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Cost of Living Adjustments for SS have been based on CPI-W,... |
MilesColtrane |
Oct-29-11 07:06 PM |
#27 |
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mmfllpkht |
dixiegrrrrl |
Oct-29-11 07:16 PM |
#30 |
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The algorithms they use are so insane I pale for words. It's absolutely |
RKP5637 |
Oct-29-11 07:16 PM |
#31 |
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Well, if you haven't got anything nice to say about any elected official, |
No Elephants |
Oct-31-11 09:46 AM |
#89 |
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Yep, OK, save me a seat! n/t |
RKP5637 |
Oct-31-11 10:57 AM |
#95 |
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+1 |
tama |
Oct-31-11 11:48 AM |
#99 |
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According to the BLS FAQ, it covers food & energy (gas, fuel oil, utilities) |
Laluchacontinua |
Oct-30-11 01:57 AM |
#59 |
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Those categories are also all weighted differently. |
Sirveri |
Oct-30-11 08:12 AM |
#64 |
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Another critical point to remember... |
CoffeeCat |
Oct-30-11 09:31 AM |
#68 |
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Well if you take Dec2009-Dec 2010, the rate was 1.5% (CPI-U). |
Sirveri |
Oct-30-11 06:50 PM |
#80 |
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No cost of living increase at all for recipients of OADI that year though. |
No Elephants |
Oct-31-11 10:08 AM |
#91 |
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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 |
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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 |
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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 |
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Actually, this fall, they finally admitted the cost of living rose last year. |
No Elephants |
Oct-31-11 09:37 AM |
#86 |
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Some fucking experts |
Autumn |
Oct-29-11 06:08 PM |
#2 |
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That's so stupid it has to be deliberate |
Marazinia |
Oct-29-11 06:18 PM |
#6 |
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The car died and so did the washing machine; the wardrobe can keep going |
ShockediSay |
Oct-29-11 06:39 PM |
#17 |
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When I crack wind, I'm not "puzzled" by the smell. I don't get it. nt |
SteveM |
Oct-29-11 06:41 PM |
# |
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I was looking at one online savings outfit recently pushing their incredible |
RKP5637 |
Oct-29-11 06:41 PM |
#18 |
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Not bad. Three year treasuries yield around 0.5%. |
Lucky Luciano |
Oct-29-11 07:23 PM |
#32 |
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One can get about 1% online. That's about the highest I've seen. n/t |
RKP5637 |
Oct-29-11 07:32 PM |
#33 |
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almost 3% w/ a couple of reliable stox nt |
ShockediSay |
Oct-29-11 08:58 PM |
#43 |
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Exactly.. |
sendero |
Oct-29-11 09:26 PM |
#46 |
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Yep, and ZIRP is working so well to improve the economy. It would be |
RKP5637 |
Oct-29-11 09:38 PM |
#48 |
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In response to questioning from a Senate Committee, Bernanke recently |
No Elephants |
Oct-31-11 10:13 AM |
#92 |
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Another thing |
Andy823 |
Oct-29-11 06:09 PM |
#3 |
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Shouldn't come as a surprise.... |
S_B_Jackson |
Oct-29-11 06:11 PM |
#4 |
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CREDIT UNIONS are a big salvation. They must be. |
ShockediSay |
Oct-29-11 06:42 PM |
#19 |
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Are debt rates |
quakerboy |
Oct-29-11 08:01 PM |
#36 |
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''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 |
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We are falling off the cliff experts...things are to expensive |
lovuian |
Oct-29-11 06:20 PM |
#7 |
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Hey, "expert" |
izquierdista |
Oct-29-11 06:22 PM |
#8 |
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or vital organs nt |
ShockediSay |
Oct-29-11 06:45 PM |
#20 |
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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 |
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How stupid does an "expert" have to be to understand that people are out of money? |
yardwork |
Oct-29-11 06:27 PM |
#11 |
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I saw Apple Cider today for $ 8.99 a gallon |
JJW |
Oct-29-11 06:28 PM |
#12 |
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Have you seen the price of Halloween candy? I decided to wait until Monday afternoon |
totodeinhere |
Oct-29-11 08:41 PM |
#38 |
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We're not participating this year |
Missy Vixen |
Oct-30-11 12:32 PM |
#71 |
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Your neighbor was very brutish. You are under no obligation to give candy to his children |
totodeinhere |
Oct-30-11 01:06 PM |
#73 |
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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 |
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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 |
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Stock market rigged? Not if you have inside info or hi speed computers nt |
ShockediSay |
Oct-29-11 06:47 PM |
#23 |
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Yep, let me correct that to say rigged against most ... yep, nano-trading / proprietary |
RKP5637 |
Oct-29-11 07:05 PM |
#26 |
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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 |
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Thanks!!! Excellent talk! Thanks again!!! n/t |
RKP5637 |
Oct-29-11 09:28 PM |
#47 |
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In a way I found it cool, in a way, I found it flat out horrifying. |
AtheistCrusader |
Oct-29-11 10:02 PM |
#50 |
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We need less 'puzzled' people. |
FarLeftFist |
Oct-29-11 06:36 PM |
#15 |
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These must be the same experts who are "puzzled" by OWS. |
phantom power |
Oct-29-11 06:37 PM |
#16 |
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These are like the experts wanting to raise SS and Medicare age eligibility |
RKP5637 |
Oct-29-11 06:57 PM |
#25 |
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One of the most fucked up headlines I've read all year...n/t |
OhioChick |
Oct-29-11 06:56 PM |
#24 |
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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 |
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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 |
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Not to mention the .5% interest rate you get on savings these days. |
sybylla |
Oct-29-11 07:09 PM |
#29 |
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Where do you get .5%? |
Demeter |
Oct-29-11 08:00 PM |
#35 |
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That's how long ago I thought about putting money in a savings account. |
sybylla |
Oct-30-11 05:07 PM |
#78 |
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..05 % you mean. Might as well hide it under a rock! |
jkappy |
Oct-30-11 12:29 PM |
#70 |
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Ugh. Maybe people are having to go through their |
davidwparker |
Oct-29-11 07:51 PM |
#34 |
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"...its lowest level since the month the recession began." |
unkachuck |
Oct-29-11 08:35 PM |
#37 |
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Deleted message |
Name removed |
Oct-29-11 08:46 PM |
#39 |
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because banks dont need your money anymore. they have |
leftyohiolib |
Oct-29-11 08:49 PM |
#40 |
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The "experts" are clueless. |
City Lights |
Oct-29-11 08:49 PM |
#41 |
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They're either clueless or soulless |
meow2u3 |
Oct-29-11 11:01 PM |
#55 |
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Since they are puzzled they are in no way experts. |
sarcasmo |
Oct-29-11 08:51 PM |
#42 |
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Disposable income? |
obxhead |
Oct-29-11 09:17 PM |
#45 |
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Huh??? Save it where??? |
SoapBox |
Oct-29-11 09:41 PM |
#49 |
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The people who are hording all the money wonder why those that don't have |
neverforget |
Oct-29-11 10:21 PM |
#51 |
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Please remember, paying off debt is "Savings" as that term is used for this calculation |
happyslug |
Oct-29-11 10:24 PM |
#52 |
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Puzzled???? Are you just that fucking stupid? Sheesh |
OwnedByFerrets |
Oct-29-11 10:44 PM |
#53 |
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Paying for the damage from Irene torpedoed our savings. |
TheOther95Percent |
Oct-29-11 10:54 PM |
#54 |
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I Think This is Good Sign in the Short Term |
On the Road |
Oct-29-11 11:09 PM |
#56 |
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Ha Ha . . . . |
HughBeaumont |
Oct-30-11 12:52 AM |
#57 |
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We're in the 2nd Great Depression, |
area51 |
Oct-30-11 01:37 AM |
#58 |
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This economist says it's a statistical anomaly. |
Laluchacontinua |
Oct-30-11 02:39 AM |
#60 |
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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 |
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Jaysus! |
No Elephants |
Oct-30-11 02:59 AM |
#61 |
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Spot on. |
Celefin |
Oct-30-11 08:33 AM |
#67 |
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Then what puzzles me is why they're considered experts |
CreekDog |
Oct-30-11 04:34 AM |
#63 |
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they seem EXTREMELY out of touch |
Skittles |
Oct-30-11 09:55 PM |
#81 |
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Seems like you can take what they say, and |
raccoon |
Oct-31-11 09:19 AM |
#83 |
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+1000 +++ n/t |
RKP5637 |
Oct-31-11 11:10 AM |
#96 |
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These idiots. |
sendero |
Oct-30-11 08:18 AM |
#65 |
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My savings go into the gas tank! |
lunatica |
Oct-30-11 08:20 AM |
#66 |
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stupid freaks |
CountAllVotes |
Oct-30-11 09:53 AM |
#69 |
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We're spending it on food and putting the rest in a coffee can. |
BiggJawn |
Oct-30-11 12:52 PM |
#72 |
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Gee, I wonder why? Maybe because people HAVE NO FUCKING MONEY TO SAVE??? |
Odin2005 |
Oct-30-11 02:47 PM |
#75 |
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evidently these *experts* haven't shopped for groceries lately |
Donnachaidh |
Oct-30-11 04:11 PM |
#77 |
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As Bill O'Reilly would say, "People out of work, savings going down...you can't explain that!" |
TwilightGardener |
Oct-30-11 05:16 PM |
#79 |
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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 |
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had to get a new roof |
shanti |
Oct-30-11 10:26 PM |
#82 |
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ShadowStats has CPI at about 12%. Plus consumers were deleveraging (paying down debt) |
Roland99 |
Oct-31-11 09:22 AM |
#84 |
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"Experts' Intelligence is Dropping, and the Public is Puzzled." n/t |
GliderGuider |
Oct-31-11 09:28 AM |
#85 |
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These reports are diving me crazy. IT'S JOBS, STUPID!! |
tawadi |
Oct-31-11 10:17 AM |
#93 |
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Candidate for this year's "You Call This NEWS?" Award |
rocktivity |
Oct-31-11 10:19 AM |
#94 |
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Just how "expert" are these experts |
Islandlife |
Oct-31-11 11:45 AM |
#98 |