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Back in 1994, I bought a 27" color TV for $ 528.38 including tax...

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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 06:48 PM
Original message
Back in 1994, I bought a 27" color TV for $ 528.38 including tax...
I was cleaning out my files and found the receipt...

I charged it...

This year I paid cash for a 32" HDTV...

$ 563.00, including tax...

Both were made overseas...

So, inflation is not a problem for consumer product, part of the core inflation rate the talking heads say is the real way to gage inflation...

So, gas is up from say % 1.00 back in 1994 to over $ 3.00 now...

Food is more expensive, a good steak is now going for about $ 11.00 a pound at the local grocery store...

Good, not fillet or prime rib...

Neither are included in the talking heads favorite core rate...

But if you are surviving over there off the core rate, like a lot of people are, inflation is a big problem...

Wages have stagnated...

Just an observation...
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 06:51 PM
Response to Original message
1. Color TV's have cost $500 since they became available in the early 60's
It's one of the only things that has remained at the same dollar figure forever, except my investments of course.
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DBoon Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 07:02 PM
Response to Reply #1
4. You might say the same about a lot of consumer electronics
I heard an argument that in constant dollars, the first transistor radio in the late 1950s costs about as much as an iPod today
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The_Casual_Observer Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 07:07 PM
Response to Reply #4
6. That's possible in "constant dollars", however I think that the first commercial transistor
radios were about $25. The I-POD was $300 I think. In constant dollars the first color TV's would be thousands of dollars.
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fenriswolf Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 06:52 PM
Response to Original message
2. here is a good way to figure out if you are better off then you were
take how much you were making an hour. how many loafs of bread could you buy with that?

compare it with the wage per hour and price of bread today.


goes same with milk, sugar or any of the "staples"
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Deja Q Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 06:53 PM
Response to Original message
3. Name brand of each TV, please.
The $500 model is probably a real garbage can of a model that won't last 14 years.
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 07:03 PM
Response to Original message
5. price milk, cheese, eggs
anything made with or fed with corn...

Through the roof.

I am paying over twice what I paid for a bag of barley 4 years ago. Ditto for a one pound bag of dried lentils or beans.

Anything grown and moved to marked by use of diesel...

Through the roof.

Too bad we can't eat TVs and all the other electronics that haven't gone up so much in price. But, the people MUST have their circus or they might notice the are being done in by something that has gone from class warfare to near class genocide.
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Maddy McCall Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 07:12 PM
Response to Reply #5
8. I lost all my chickens during Katrina.
But I'm about to buy some more, this spring.

I just paid 2.50 for a dozen large eggs. OUTRAGEOUS!

I think I can maintain five or six chickens for the eggs cheaper than buying eggs. Plus, homegrown is always better.

Eggs have tripled in price here in the past eight months.
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 09:10 PM
Response to Reply #8
12. homegrown IS always better. And people best buy potting soil
and setting containers of it in windowsills with seeds....

The times, they are a changin.
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OzarkDem Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 07:09 PM
Response to Original message
7. $3 for a loaf of bread
$20 for a large box of Tide

$3.50 for the store brand box of fabric softener dryer sheets

$1.79 for 2-liter bottle of pop

$1.79 for store brand can of chicken noodle soup

And every week its getting higher.
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havocmom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 09:11 PM
Response to Reply #7
13. $3.89 here for any bread with any food value at all
And I live in a wheat producing area.
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CaliforniaPeggy Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 07:46 PM
Response to Original message
9. K&R!
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 07:55 PM
Response to Original message
10. in 1978 i was making 11 dollars an hour
and gasoline was 75 per gallon. it took me until 1998 to make 11 an hour in the same industry. wages have declined at a steady rate since 1973
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stravu9 Donating Member (945 posts) Send PM | Profile | Ignore Sun Jan-20-08 08:20 PM
Response to Original message
11. who do you think will or can really help with that?
I know who I believe in what about you?
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suston96 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-20-08 09:12 PM
Response to Original message
14. TVs not a good example. Back then most homes had only one TV. Now homes have a number of TVs....
....the exploding demand has allowed the current reasonable prices. LCDs and other flats have really tumbled in price from just a year ago.
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