Monday, January 03, 2005

Taxes, Prices, Costs

Oil = $2.00 a gallon...

Gas = $2.00 a gallon...

Milk = $3.50 a gallon...

I ask how it is possible that this recent trend of inflation goes unchallenged? I remember somewhere hearing that the average inflation was something like 7% or something like that...
Gas has increased about 80% over the last two years...Oil 100%...Pay Phones used to cost a quarter for unlimited local calls and now it's $0.50 for 4 mins on some phones...The electric company wanted a 17% increase and only got 10% approved...

All this and I would say the average annual raise for a standard office employee is 3 to 5%.

I know some will say you sound like an old man but I'm thinking this is extreme...inflation occurs and that I understand but how can this stuff just happen overnight...My house was appraised at 90,000 dollars when I bought it 2.5 years ago...I just got re-evaluated and now my house is being taxed at 183,000!!!! Thats more than double!!!! I couldn't possibly sell my house for that much...I know some say I should fight it...but I feel that I shouldn't have to...

I was reading today that this warm air trend in the northeast has caused oil companies to charge less for oil therefore lowering the prices of oil for the consumer...This is SHIT!...When we don't need it it's cheaper...this should be regulated...christ...