Ohio miners forced to attend Romney rally without pay...

[kandrathe]

Because we are bad at math? I mean it's not even fair to consider the tech sector where prices flat out do not increase. But at 10% inflation we should be paying $1000 for a week's worth of groceries by now. $10 for a gallon of gas. $1,000,000 for a decent house in the burbs. $30 for a Happy Meal?

I didn't mean to imply it's 10% all the time for everything.

Over the past decade, Health care is up 45% Education is 65% It's eased due to the housing bubble bursting flooding the market with property, but housing is still up 50%. Way back in 2004, gas was pushing up to $1.50 a gallon. By summer 2008, it went up to $4.12. Then, in January it crashed to $1.61, and now it's bumping back up to just under $4 a gallon. Gasoline is more like a 12.5% inflation rate per year. And, purchasing power has dropped 20% over the decade, or 2% per year.

That is why it feels like 10% sometimes. Because, sometimes it is. The things I don't buy often are cheaper, but the things I buy all the time are more expensive.