Cost of living is the amount of money needed to sustain a basic level of living
Inflation rate is the annualized percentage change in a general price index over time. COLA is what the Government uses to determine the cost of living adjustment given to federal workers an retirees.
Right now the US Government says the annual rate of inflation is around 2%. So my question to you is this. If inflation is at 2% a year then why do you think prices under Obama have increased an average 42%?
Now as far as your statement on gas prices. Obama has just moved into first place for gas price increase.
Gas price increase per president.
Bush up 20%
Reagan Down 66%
Clinton Up 30%
Carter Up 103.77%
Obama Up 103.79% Congratulations!!!
Re: Fucking liberals
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