PublicAnimalNo9 PublicAnimalNo9:
Proculation Proculation:
[Like I said, I have no debt (except school loans). I live in a house in Montreal and I own a car. All alone.
You still have other arguments ?
Yer too close to the TV screen. Look, every 4 years rent goes up by 10% give or take depending on where you live. Do you or anyone else you know get a 10% raise over 4 years, EVERY 4 years? If I still lived in the same apartment as I did in 1980, my rent would have increased by 87% by now. Nobody outside of the upper economic classes has seen an 87% jump in their wages/salaries over 30 years.
In 1980 a gallon of gas cost around 25 cents and the minimum wage in Ontario was about $3/hr. In 2010 a gallon of gas costs about $4 (depending on where you live) and the minimum wage in Ontario is around $10/hr.
Quite simply put, my 1980 dollar had more purchasing power than my 2010 dollar.
To put it another way, I could buy 12 gallons of gas on 1 hr of minimum wage in 1980. Today, I can only buy 2.5 gallons of gas on 1 hr of minimum wage, even though minimum wage is OVER 3 times as much as it was in 1980.
And I'll tell you something else, $200 at a grocery store doesn't go ANYWHERE near as far as it did in 1980.
You are taking specific contexts and situations to make your point. That's not how we calculate a CPI.
If I follow you logic, I can say that Internet/Computers/etc. in general are much more powerful and much less expensive. They are things that are indispensable in 2010, for students, work, etc. We have a lot more choices of fruits, vegetables, other grocery things i general and at a less price. You can buy a big T bone for 5-7$. Etc.
Add to that the technologies and items coming from them. etc etc.
You see, you can take the position you want and give yourself some examples. Fortunately, we do not calculate a CPI like that.