when i moved to louisiana in 2013 gas was <$2. it's routinely been $1.29/gal. It's currently $3.50 a gallon. I can cherrypick data, too. In 2010 i was buying literal jet fuel for $8/gal in california, gas prices in the intervening 14 years have approached that at service stations in california. (i have pictures, but why bother uploading)
McDonald's subsidizes their food with drinks; regardless, though, inflation (in last decade only) on McChicken is 199%, mcdouble 169%, medium fries 138%; taco bell: 5-layer 132%; popeye's mashed potatoes 134%. See? onion-picking the big mac as the basis makes inflation "look better"
My car insurance is double what it was in 2014. My electric bill is easily 60% more expensive than it was in 2014, i said that already. That's more than double the 2.6% BLS numbers.
we can go around all day, but citing the government for numbers about inflation seems counter-productive.
anyone else notice how few fireworks were going off prior to july 4th? or after? Is that normal?
I was going for sources that could be cited -- for instance, I could only find reliable data on the Big Mac because of the Economist's famous index thereof. If you have a good source for historical McDonald's prices I'd love to see it and compare.
Without having some data to compare I cannot differentiate between (1) you are correct, (2) you are misremembering, or (3) you've experienced the inflation you claim, but for particular reasons (eg, you got a nicer car, or, your area had an influx of high earners).
Also, a small nit: by my calculations 60% growth over 10 years is 4.8% annualized - outpacing CPI yes, but not more than double.
McDonald's subsidizes their food with drinks; regardless, though, inflation (in last decade only) on McChicken is 199%, mcdouble 169%, medium fries 138%; taco bell: 5-layer 132%; popeye's mashed potatoes 134%. See? onion-picking the big mac as the basis makes inflation "look better"
My car insurance is double what it was in 2014. My electric bill is easily 60% more expensive than it was in 2014, i said that already. That's more than double the 2.6% BLS numbers.
we can go around all day, but citing the government for numbers about inflation seems counter-productive.
anyone else notice how few fireworks were going off prior to july 4th? or after? Is that normal?