Ms. Vivian gives an excellent account of life in the real world of a household, a world far removed from government presss releases.
One point, though, needs to be made.
Without being a rightwing crank, it can be said that the official government statistics cited in her article are just Regime pap.
They are as untrue as the glowing reports of the successful cabbage harvests on the collective farms back in Communism days in the Soviet Union.
There's little secret about how the government fixes the inflation figures.
Ronald Reagon introduces the formulas and devices used by the government so as to "stabilize" (reduce) the inflation figures and thereby keep Social Security solvent because it would be busted if the annual increases in benefits actually correlated to the increased cost of living.
As is almost always the case with such schemes the methods used become more and more dramatic with the passage of time.
Under Biden we can be sure the adjustments have been staggering.
Indeed, a comparison between the actual figures guoted by Ms. Vivian on the increases in food, gasoline and so on to the official rates of inflation issued by the government that she also quotes will show anyone with minimal abilities in mathematics that the increase in actual prices are many times over what the increases would be if calculated using the official inflation rates.
The REAL inflation rate is how much more people have to pay this year than they paid last year.
The official inflation rate does not reflect this.
The official inflation rate is recalculated from the price increases through various dishonest tricks such as:
a. The government "adjusts" the increases so as not to "double-count" inflation. Therefore, if food goes up 20% and gasoline goes up 20%, they claim that part of the rise in food prices is due to the rise in the cost of gasoline prices and vice versa. So the rates are knocked down, say 8% points, so as not to double-count.
b. The prices are adjusted to reflect the alleged fact that everything get better and better every year. Everyone, so the story goes, knows that things just get better and better in Camelot. The cars this year are better than the cars last year. So, if the cost of a car goes up, say, 10%, 5% point can be deducted because this year's cars are better made than last year's cars and part of the superficial price increase is not really inflation, it represents improvement.
Through gimmicks like this the government can run the colossal multi-trillion deficits and finance the wars that enrich Liz and Daddy Dick Cheney and their friends in the military industrial complex and understate the inflation rate so that the braindead American voters will not connect the dots and see how much the sailor-on-leave spending is affecting us.
And the government can see to it that the cost of living adjustment to Social Security payments is minimal because it's based not on what the old geezers living off SS benefits have to pay but on the "corrected" government figures.
Old people who are dependent on Social Security, a fixed pension or a pension that increases according to the government's figures must be reeling from the dramatic reduction in their purchasing power. They must be really suffering as is shown by drastic drops recently in charitable giving because old people don't have the money to make such gifts.
Young people and middle aged people also are being slammed, if not so much, because their wage increases do not equal the much greater increases in the prices of what they buy.
However, there are dramatic benefits from how the inflation rate is adjusted.
It enables Joe Biden and will enable his successor
I could not agree more. I am reminded about the fact that when the government calculates the basket of goods it uses to measure inflation it will often count the least expensive item.
So if there are 4 brands of canned tomatoes and 3 went up by 50 cents and one only went up by 5 cents they only count the 5 cent increase in the inflation calculation! Many name brands Americans have come to rely on and identify with have become much, much, more expensive than random (and often obscure) off-brand products.
This is a topic that should have its own article entirely, one I may just write in the future!
The rates also don't reflect the compounding of the interest. Even The Regime's old "Goldilocks economy with 2% inflation is perfect ", policy is evil and sinister. It is an admission that they will confiscate vast amounts of wealth. Compounding 2% every year means in a couple of decades tens of percents of your wealth has been confiscated. This is even worse because celebrating a "reduction" from 7% (already a lie that radically understates the real rate of inflation as you point out), to 3% means celebrating 3% compounding on last year's 7% on top of the year before's 5.8%. It is criminal and their temerity to present this as a net good delivered with benevolence is and evil and sinister malevolence.
It isn't a coincidence that the Wall St. emissaries like Krugman not only promote this, they openly promote White ethnocide. They truly hate us. We are, in Krugman's eyes, and by his own words, "America's ethnic problem. largely a white ethnic problem." This person and who he is an emissary for who see us as an, "ethnic problem", have no compunction about stealing our surplus wealth and could care less about our suffering.
Btw, I love your interviews and speeches. You have been a great inspiration to me. Many people you have never met admire you and are grateful for the work you have done over a lifetime at the vanguard of advocating for our people. Thank you. We are going to win.
I'd like to sympathise, but women being more extensively employed in the marketing/HR make-work departments of megacorporations under pressure from ESG commissars is definitely something that needs to end.
Any advantage in male earnings or financial stability is almost certainly limited to older generations. The coastal US metropoli where the top jobs are concentrated have been suppressing male hires for decades.
Thanks for the link. You and the author are largely in agreement. The acute financial pressure on double income families is hurting White children right now. The full spectrum promotion of “feminism” alongside the demonisation of patriotism built the system that has been destroying the traditional familly for forty years or more.
Ms. Vivian gives an excellent account of life in the real world of a household, a world far removed from government presss releases.
One point, though, needs to be made.
Without being a rightwing crank, it can be said that the official government statistics cited in her article are just Regime pap.
They are as untrue as the glowing reports of the successful cabbage harvests on the collective farms back in Communism days in the Soviet Union.
There's little secret about how the government fixes the inflation figures.
Ronald Reagon introduces the formulas and devices used by the government so as to "stabilize" (reduce) the inflation figures and thereby keep Social Security solvent because it would be busted if the annual increases in benefits actually correlated to the increased cost of living.
As is almost always the case with such schemes the methods used become more and more dramatic with the passage of time.
Under Biden we can be sure the adjustments have been staggering.
Indeed, a comparison between the actual figures guoted by Ms. Vivian on the increases in food, gasoline and so on to the official rates of inflation issued by the government that she also quotes will show anyone with minimal abilities in mathematics that the increase in actual prices are many times over what the increases would be if calculated using the official inflation rates.
The REAL inflation rate is how much more people have to pay this year than they paid last year.
The official inflation rate does not reflect this.
The official inflation rate is recalculated from the price increases through various dishonest tricks such as:
a. The government "adjusts" the increases so as not to "double-count" inflation. Therefore, if food goes up 20% and gasoline goes up 20%, they claim that part of the rise in food prices is due to the rise in the cost of gasoline prices and vice versa. So the rates are knocked down, say 8% points, so as not to double-count.
b. The prices are adjusted to reflect the alleged fact that everything get better and better every year. Everyone, so the story goes, knows that things just get better and better in Camelot. The cars this year are better than the cars last year. So, if the cost of a car goes up, say, 10%, 5% point can be deducted because this year's cars are better made than last year's cars and part of the superficial price increase is not really inflation, it represents improvement.
Through gimmicks like this the government can run the colossal multi-trillion deficits and finance the wars that enrich Liz and Daddy Dick Cheney and their friends in the military industrial complex and understate the inflation rate so that the braindead American voters will not connect the dots and see how much the sailor-on-leave spending is affecting us.
And the government can see to it that the cost of living adjustment to Social Security payments is minimal because it's based not on what the old geezers living off SS benefits have to pay but on the "corrected" government figures.
Old people who are dependent on Social Security, a fixed pension or a pension that increases according to the government's figures must be reeling from the dramatic reduction in their purchasing power. They must be really suffering as is shown by drastic drops recently in charitable giving because old people don't have the money to make such gifts.
Young people and middle aged people also are being slammed, if not so much, because their wage increases do not equal the much greater increases in the prices of what they buy.
However, there are dramatic benefits from how the inflation rate is adjusted.
It enables Joe Biden and will enable his successor
Mr. Dickson,
I could not agree more. I am reminded about the fact that when the government calculates the basket of goods it uses to measure inflation it will often count the least expensive item.
So if there are 4 brands of canned tomatoes and 3 went up by 50 cents and one only went up by 5 cents they only count the 5 cent increase in the inflation calculation! Many name brands Americans have come to rely on and identify with have become much, much, more expensive than random (and often obscure) off-brand products.
This is a topic that should have its own article entirely, one I may just write in the future!
I am please you enjoyed my debut,
V
Mr. Dickson,
The rates also don't reflect the compounding of the interest. Even The Regime's old "Goldilocks economy with 2% inflation is perfect ", policy is evil and sinister. It is an admission that they will confiscate vast amounts of wealth. Compounding 2% every year means in a couple of decades tens of percents of your wealth has been confiscated. This is even worse because celebrating a "reduction" from 7% (already a lie that radically understates the real rate of inflation as you point out), to 3% means celebrating 3% compounding on last year's 7% on top of the year before's 5.8%. It is criminal and their temerity to present this as a net good delivered with benevolence is and evil and sinister malevolence.
It isn't a coincidence that the Wall St. emissaries like Krugman not only promote this, they openly promote White ethnocide. They truly hate us. We are, in Krugman's eyes, and by his own words, "America's ethnic problem. largely a white ethnic problem." This person and who he is an emissary for who see us as an, "ethnic problem", have no compunction about stealing our surplus wealth and could care less about our suffering.
Btw, I love your interviews and speeches. You have been a great inspiration to me. Many people you have never met admire you and are grateful for the work you have done over a lifetime at the vanguard of advocating for our people. Thank you. We are going to win.
Thanks Vivian. It’s great to have reportage from a patriotic lady about the pressures on the home front.
I'd like to sympathise, but women being more extensively employed in the marketing/HR make-work departments of megacorporations under pressure from ESG commissars is definitely something that needs to end.
Any advantage in male earnings or financial stability is almost certainly limited to older generations. The coastal US metropoli where the top jobs are concentrated have been suppressing male hires for decades.
https://www.cnbc.com/2022/03/31/16-us-cities-where-women-under-30-earn-more-than-their-male-peers.html
Thanks for the link. You and the author are largely in agreement. The acute financial pressure on double income families is hurting White children right now. The full spectrum promotion of “feminism” alongside the demonisation of patriotism built the system that has been destroying the traditional familly for forty years or more.