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Brown Cafe UPS Forum
UPS Union Issues
Ken H
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<blockquote data-quote="Bagels" data-source="post: 1163424" data-attributes="member: 43436"><p>#1) You continue to compare HOUSEHOLD income while I'm referring to SINGLE-EMPLOYER income. </p><p></p><p>#2) As I wrote earlier, assume the CPI (the standard for inflation) went up 2% in one year. Because of the CPI measurements, somebody earning 20K is going to be more volatile toward inflation than somebody earning 75K. As I asked you earlier, do you really believe somebody earning $1M needs a 2% hike in pay to retain the same spending power (which is the concept behind inflationary raises)?Nor does CPI measure that, for example, the absolute cost of a gallon of milk, a dozen eggs, a pound of chicken, etc. is about the same as it was in 2000. Many of these products have been on roller coaster rides, which makes CPI often deceptive.</p><p></p><p>Quite honestly, this is over your head so I'm not going to waste my time.</p></blockquote><p></p>
[QUOTE="Bagels, post: 1163424, member: 43436"] #1) You continue to compare HOUSEHOLD income while I'm referring to SINGLE-EMPLOYER income. #2) As I wrote earlier, assume the CPI (the standard for inflation) went up 2% in one year. Because of the CPI measurements, somebody earning 20K is going to be more volatile toward inflation than somebody earning 75K. As I asked you earlier, do you really believe somebody earning $1M needs a 2% hike in pay to retain the same spending power (which is the concept behind inflationary raises)?Nor does CPI measure that, for example, the absolute cost of a gallon of milk, a dozen eggs, a pound of chicken, etc. is about the same as it was in 2000. Many of these products have been on roller coaster rides, which makes CPI often deceptive. Quite honestly, this is over your head so I'm not going to waste my time. [/QUOTE]
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