Re: Fables of the Greenspan

From: Don Galt (DonGalt_at_atlantis.colorado.taggart)
Date: 10/25/04 

Date: Mon, 25 Oct 2004 01:53:38 -0700

Courageous wrote:
>>Right.
>>You can't buy beef, so you buy chicken.
>>You can't afford gas or a car, so you walk.
>>You can't buy a house or rent, so you live on park bench.
>>There's no inflation.
>
>
> This sort of reactionary hysteria won't get you anywhere.
> Fact of the matter is, compare an average working person
> to their counterpart from 20 years ago, and there buying
> power is dramatically higher.
>
> Source: THE US CENSUS.

And what did they use to calculate this, the CPI?

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