Pushing Gramma off the Fiscal Cliff
I absolutely loathe going to the grocery store. I swear, if I was filthy rich, I would still do my own cooking and cleaning because I enjoy both, but I would “farm-out” grocery shopping faster than Obama stops talking when his teleprompter shuts down.
Well, on today’s brutal trip, I am again reminded of the elderly shoppers, and think what the prices must look like to them, when they look so horrifying to me. I also think about how the high inflation rate affects those on a fixed income (that are not ABUSING it I might add).
The Democrats like to appeal to momentary feeeelings by painting meanypants conservatives as “wanting to throw gramma off the cliff” with their DRACONIAN budget cuts. I posit that the opposite is true. Let’s take a “look-see” at inflation rates under Reagan (the last REPUBLICAN president we have had in my opinion) and Obama shall we?
Re: Reagan “The shocking rise in inflation during the Nixon and Carter years was reversed. Astoundingly, inflation from 1980 was reduced by more than half by 1982, to 6.2%. It was cut in half again for 1983, to 3.2%, never to be heard from again until recently. The contractionary, tight-money policies needed to kill this inflation inexorably created the steep recession of 1981 to 1982, which is why Reagan did not suffer politically catastrophic blame for that recession.
Real per-capita disposable income increased by 18% from 1982 to 1989, meaning the American standard of living increased by almost 20% in just seven years. The poverty rate declined every year from 1984 to 1989, dropping by one-sixth from its peak. The stock market more than tripled in value from 1980 to 1990, a larger increase than in any previous decade.
Re: Obama “Since that time, while Obama has been in office, inflation has increased by 9.14%. The most recent CPI data, released on Oct. 30, 2013 finds that the October average for CPI is 234.149.
The percentage increase from 6.4% to 9.14% is 42.81% or, rounded, 43%.”
Inflation has remained quite moderate by historical standards. As of August, the most recent figure available, the seasonally adjusted Consumer Price Index stood just 10.2 percent higher than it did when Obama first took office.http://www.factcheck.org/2013/10/obamas-numbers-october-update/
Like I have said before, “Liberals don’t think long-term, just whatever makes them feel morally superior at the moment.” Apparently spouting that conservatives want to “throw gramma off the cliff” made them feel better.
Oh puheeze…….shameless feelings pandering…..P.S. Conservatives want to SAVE Medicare.
Paul Ryan: Medicare is the cornerstone on which all other government health programs rest. Unfortunately, the deteriorating financial conditions of this program are threatening beneficiary access to its benefits. In their most recent report, the Medicare Trustees projected that the account that funds Medicare’s hospital benefit will go bankrupt in 2030. Reports like this illustrate that we can no longer let politicians in Washington deny the danger to Medicare – it is all too real, and the health of our nation’s seniors is far too important. We have to save Medicare to avoid disruptions in benefits for current seniors and to strengthen the program for future generations. http://paulryan.house.gov/issues/issue/?IssueID=9969#.U_Sf8fm-2So
This commercial operates on no more than a simple “brain-stem” response.
Sorry. No data so far.