Pacifist Patriot
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Sat Oct-29-11 06:23 PM
Response to Original message |
| 9. Hmmm, save money or pay a bill. Save money or eat. Save money or clothe my children. |
| -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 |
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