Inflation

Discussion in 'The Back Room' started by Tailback, Apr 21, 2006.

  1. Tailback

    Tailback Guest

    Oil at $74, Gold at $635, housing prices at 100% higher than they should be, health insurance bills at 150% higher than a decade ago, college tuitions at 75% higher than a decade ago...

    Thank God, we got cheap imported Chinese plastic goods and clothes!

    No, there is no inflation at all.
     
  2. Terry O'Keefe

    Terry O'Keefe Well-Known Member Administrator

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    Isn't there always inflation?

    What was the cost of a Ford Pickup in 1990 and what did it cost in 1999?
     
  3. Terry O'Keefe

    Terry O'Keefe Well-Known Member Administrator

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    Isn't there always inflation?

    What was the cost of a Ford Pickup in 1990 and what did it cost in 1999?

    You blame all of this on Bush and his administration. Do you actually think that if a Democrat were in office that none of this would have happened? Could the Democrats blunt the market forces?

    Employment has remained at levels that no other society on earth can claim, less than 5% unemployed. We have very low interest rates for housing. Even as high (to americans) as gas prices are, they are still lower than citizens of England, Ireland, France, Germany, Italy, Spain, etc pay.

    Healthcare costs are high because we have incredibly expensive technology that the public demands. Other countries contain healthcare costs by limiting access to high tech items and declaring all sorts of expensive procedures as elective and make you get on a waiting list. Many Canadians come to the US for procedures that they have been put on a waiting list in Canada.

    As far as College Tuition. You'll have to explain to me how college tuition is controlled or affected by Bush. Harvard and Yale, bastions for leaders that you admire are private schools and charge the highest tuitions in the country? If the cost of attending the Univ of Georgia or Georgia Tech are increasing that is a State of Georgia situation. We recently had a pretty much across the board tuition increase in Texas of around 10% at the bigger Universities (Texas, A&M,Houston,Tech) but it was enacted by the various board of Trustee's.

    Terry