Day: August 21, 2009

The Personal Impact of the Consumer Price Index

Yesterday morning NPR reported that the consumer price index had risen 4.1% since December 2006. They also reported that although wages have risen, they’re actually lower than they were in 2000 when adjusted for inflation. I exhaled a stunned breath when I heard the first part. That’s a hefty jump for one year. According to NPR, it’s …

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